Gold and Silver Prices Outlook for May 2013

Gold bullion

Gold and silver prices tumbled down during April.  The minutes of the FOMC meeting may have been the trigger for the sharpest fall in the prices of bullion in a single day in recent decades. The rise in volatility of…

The FOMC Left Policy Unchanged; Gold Tumbles Down

Financial crisis bomb

The Fed left its policy unchanged for May. The FOMC concluded its two day meeting on May 1st. Based on the recent FOMC statement, The Fed decided to continue its asset purchase program that includes purchasing agency mortgage-backed securities at…

Gold and Silver Prices – Daily Outlook for May 1

Gold bars on dollars

The bullion market cooled down in the past several days. This low movement might start to pick up today as three main news items will close the week: today’s FOMC statement, tomorrow’s ECB rate decision and Friday’s non-farm payroll report.…