Tag: gold Outlook

Gold and Silver Prices – Daily Outlook for June 6

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The equity markets tumbled down for the second consecutive day. The fall in stock markets may have contributed to rally of precious metals prices. Their rally came despite the sharp depreciation of “risk related currencies” such as the Aussie dollar.…

Gold and Silver Prices – Daily Outlook for June 5

The prices of gold and silver changed direction and slipped on Tuesday. Their fall coincided with the depreciation of “risk related currencies” such as the Aussie dollar. Yesterday, Reserve Bank of Australia left its rate unchanged at 2.75% but left…

Gold and Silver Prices – Daily Outlook for May 30

The prices of precious metals changed direction and bounced back on Tuesday. Their recovery coincided with the decline in equity markets and the rally of leading risk related currencies such as Euro and Aussie dollar. In Europe, the recent monetary…

Gold and Silver Prices – Daily Outlook for May 22

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Precious metals changed directions and fell yesterday. Their decline coincided with the rally of U.S equity markets. Conversely, the Euro and other leading “risk related currencies” also rose yesterday. Today, the Fed will publish the minutes of the April/May meeting.…