Weekly Forecast

Gold and Silver Forecast for August 25-29

Gold bullion barr on a stocks and shares chart

Precious metals prices fell again last week, as the USD pulled up. This week, the GDP for Q2 and PCE will be release in the U.S, which could impact the bullion market. The recent Jackson Hole Symposium ended with Yellen…

Financial Market Forecast for August 25-29

Financial crisis bomb

This week, the main U.S economic reports to be release are the GDP for the second quarter and the PCE. The core durable goods, consumer confidence and consumer sentiment will also be out during the week and may impact the…

Gold and Silver Forecast for August 18-22

Gold bars on dollars

Precious metals resumed their downward trend last week, while the USD and U.S equities rallied. Nonetheless, gold price is still up by 1.8% during August, up to date, but silver is down 4.3%. This week, the minutes of the FOMC…

Financial Market Forecast for August 18-22

Big Bull

Oil and natural gas continued to trade down on a weekly scale along with precious metals. These losses were recorded after the USD slightly recovered against leading currencies such as Euro and Yen and U.S equities traded up. On this…

Gold and Silver Forecast for August 11-15

golden bar

Gold changed direction and bounced back mainly on Wednesday, while silver dwindled on a weekly scale. Moreover, on a monthly scale gold is up by over 2% and silver is down by a similar rate (up to date). What is…

Financial Market Forecast for August 11-15

Eurokrise

The commodities markets moved in an unclear trend last week as oil remained nearly flat, natural gas bounced back, silver traded down and gold rallied. On this week’s agenda: U.S consumer sentiment, GDP reports for the second quarter from Japan,…

Will Silver Remain Forever $21?

10 Ounce Silver Bullion Bars

The silver market continued to cool down last week. The recent economic reports from the U.S including the GDP, non-farm payroll and press release of the FOMC meeting may have contributed to the weakness in the silver market. Will the…

Gold and Silver Forecast for August 4-8

Gold bullion barr on a stocks and shares chart

Precious metals fell again during last week until Friday when the non-farm payroll report showed a gain of 209K in jobs – less than market expectations. Earlier this week, the FOMC decided to taper again its QE3 program and had…

Oil Outlook for August 4-8

High Price of Oil barrel - 3d

The oil market cooled down in the past week despite the decision of Europe and U.S to impose economic sanctions on Russia, which could bring down the oil exports from Russia to the west. Currently, the sanctions aren’t expected to…

Financial Market Forecast for August 4-8

Financial crisis bomb

Most leading commodities took a nose dive last week, while USD rallied against leading currencies.  This week, BOJ, BOE, RBA and ECB will have a rate decision meeting, in the U.S several economic reports will come out including non-manufacturing PMI,…