Tag: Gold forecast

Gold and Silver – Daily Outlook for October 31st

The FOMC’s meeting ended with no dramas and it was decided to keep the monetary policy unchanged. Gold and silver recovered from their recent slump and slightly rose yesterday. In U.S news, the consumer price index for September inched up…

Gold and Silver – Daily Outlook for October 11th

Gold and silver Chart 2013 October 11

The recent speculations around the potential progress in finding ways to end the U.S government shutdown may have contributed to the sharp rally of U.S stock market, US dollar and several commodities such as oil. On the other hand, gold…

Gold and Silver – Daily Outlook for October 10th

The highly anticipated minutes of the FOMC meeting came out yesterday, and as many had expected, the minutes revealed that the recent no-taper decision from the September FOMC meeting wasn’t a clear cut decision. Some members thought it’s high time…

Is Gold Making a Comeback?

Gold and leading gold ETF SPDR Gold (NYSEMKT: GLD) have recently rallied, but they haven’t performed well during most of the year: During 2013, the price of gold declined by 23%; the price of GLD fell by 22.9%. Moreover, GLD’s…

Gold and Silver Prices – Daily Outlook for July 12

Gold and silver spiked during yesterday’s trading. The volume of trade also rose as the ramifications of Bernanke’s remarks may have contributed to the rally of not only precious metals prices but also equities. The current expectations are that the…

Gold and Silver Prices Outlook for June 17-21

During last week gold and silver moved in an unclear trend.  Last week, Jobless claims slipped by 12k to reach 346k; U.S retail sales rose by 0.6%; PPI bounced back in May by 0.5%. These reports may have contributed to…

Will Gold and Silver Bulls Have the Last Laugh?

Gold price & 20-year U.S. Treasury Inflation-indexed Yield

Gold and silver haven’t performed well in the past several months. Will precious metals recover from their recent tumble? Some people still consider gold an investment worth having.  The leading arguments aren’t surprising: Central banks are printing money, global debt…

Will Gold Recover from its Recent Fall?

The ongoing tumble in the price of gold in recent weeks has dragged along with it gold related investments such as gold producers stock and the SPDR Gold Shares (NYSEMKT: GLD). Will gold rally from its recent fall?   Will gold…

Gold and Silver – Daily Outlook for April 24

Precious metals continue to zigzag as both gold and silver changed course again and fell during yesterday. Several U.S reports showed a mixed signal as to the progress of the U.S economy: the flash manufacturing PMI (opens pdf) for April…

Gold and Silver – Daily Outlook for April 23

The week started on a positive note for both gold and silver as they bounced back from their plunge during last week. Yesterday, it was reported that U.S existing home sales slipped in March on account of limited inventory. The…