Tag: gold Outlook

Gold and Silver Outlook for August 10-14

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The NFP report came close, but still a bit short, of market estimates. This report, however, didn’t provide any clarification about the Fed’s rate hike timing, if at all, any more than the FOMC meeting did in the preceding week.…

Gold and Silver Outlook for August 3-7

Never a dull moment for bullion investors in the past months: Last week, bullion prices bounced back, even though other major commodities mainly in the energy sector kept coming down. The rally came when the FOMC, wait for it, didn’t…

Gold and Silver Outlook for July 27-31

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Despite the slow week we had in the financial markets with no big event or news release, the gold market took another hit with a flash crash at the beginning of the week. By the end of the week, gold…

Gold and Silver Outlook for July 20-24

The Greek drama continues, but for the financial markets the impact of the Greek debt crisis has weakened. Gold and silver prices took a sharp hit to the chin in the past week. Between the recovery of the USD and…

Gold and Silver Outlook for July 13-17

The bullion market was also affected by the Greek debt drama as it shook up the financial markets. Despite the recent rise in volatility, the prices of both gold and silver only slightly decline on a weekly scale. Even the…

Gold and Silver Outlook for July 6-10

The big event of the week will be the aftermath of the Greek referendum  — the results are in: 61%  voted “No” against the bailout terms of the EU.  Besides the Greek Drama, last week the non-farm payroll report was close…

Gold and Silver Outlook for June 29- July 3

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After a slow movement of gold and silver prices throughout most of the month, their prices took a turn and fell last week on account of the strengthening of the US dollar against the Euro and Yen. The Greeks, much…

Gold and Silver Outlook for June 22-26

FOMC statment and Gold Silver 2015 June

Precious metals got a modest boost following the dovish FOMC meeting statement, which also dragged down the implied probabilities of a rate hike in the coming months. Even though the Greek debt crisis keeps the door open of Grexit, which…

Gold and Silver Outlook for June 15-19

The bullion market remained poised last week as gold slightly rose while silver modestly declined. But this could all change and precious metals may take another severe hit this week if the upcoming FOMC meeting were to set the stage…

Gold and Silver Outlook for June 8-12

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The non-farm payroll brought further up the USD against leading currencies as it showed a rise of 280,000 jobs – higher than market estimates. This news is likely to resonate in the financial markets as it raises the odds of…