Weekly Forecast

Gold and Silver Outlook for March 30- April 3

golden bar

Even though the oil market has experienced high volatility, this hasn’t translated to sharp movement in precious metals prices. The U.S. GDP report came slightly short and Yellen’s testimony didn’t offer any big headlines, which left the bullion market to…

Financial Market Preview for March 30- April 3

dollar graph

The financial markets shifted focus from Yellen to Yemen, which kept the high volatility mainly over the rising tensions in the Middle East. This week, the main report will to be released is the NF payroll. Other U.S. reports include:…

Financial Market Preview for March 23-27

Big Bull

The FOMC’s latest meeting provided additional volatility to the financial markets as the tone was slightly more dovish than expected. The aftermath of this meeting is likely to further linger in the financial markets in the coming days. On this…

Gold and Silver Outlook for March 16-20

Gold bars on dollars

Silver and gold followed major currencies such as the Euro and Japanese yen and declined again as the USD continued to pick up. This week’s FOMC meeting could bring gold and silver to a new year low if the FOMC…

Financial Market Preview for March 16 -20

dollar graph

The U.S. dollar continued to rally mostly against the Euro as the ECB commenced its QE program and the previous NFP report raised the market expectations for a rate hike this year by the FOMC. This week, the FOMC meeting…

Gold and Silver Outlook for March 9-13

Gold bullion barr on a stocks and shares chart

The prices of precious metals took another beating especially after the NFP payroll report was released on Friday and exceeded market expectations. The JOLTS, retail sales, PPI and consumer sentiment are the main U.S. reports to be released this week.…

Financial Market Preview for March 9-13

3d blue background with stock diagram

The recent NFP payroll report showed, yet again, another strong gain in jobs with 295K jobs added last month and rate of unemployment fell to 5.5%. This news fueled gains in the U.S. dollar and dragged down gold and silver…

Gold and Silver Outlook for March 2-6

golden bar

Gold and silver showed a modest gain in the past week, despite the unclear trend in the movement of USD against leading currencies pairs. Yellen’s recent testimony was perceived mostly dovish and pushed back up bullion prices and dragged down…

Financial Market Preview for March 2-6

Big Bull

As the whole debacle around the Greek debt crisis dissipates and takes the backburner for the near term, other economic developments could retake the center stage including the changes in the monetary policy of the FOMC and ECB. In the…

Gold and Silver Outlook for February 23 -27

Gold bars on dollars

The bullion market took another beating last week as both gold and silver tumbled down mainly at the beginning of the week. Even the slightly dovish toned minutes of the FOMC meeting didn’t bring much up gold and silver. This…