Tag: Gold price forecast

Gold and Silver – Daily Outlook for November 13th

Gold and silver Chart 2013 November 13

The gold and silver continued their downward trend and declined for the fourth consecutive business day. Their recent fall coincided with the ongoing depreciation of certain currencies such as Japanese yen, Aussie dollar and Canadian dollar against the USD. The…

Gold and Silver – Daily Outlook for November 12th

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The gold and silver started off the week on a negative note as both precious metals prices resumed their downward trend from last week. Their recent fall, however, didn’t coincide with the appreciation of the Euro against the USD. The…

Gold and Silver – Daily Outlook for November 7th

golden bar

The gold and silver market remained nearly flat again as gold and silver prices slightly rose after they had declined a day earlier. But today and tomorrow precious metals and forex market could start to pick up especially if the…

Gold and Silver – Daily Outlook for October 30th

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Gold and silver prices slipped again for the second consecutive time this week. The rally of the USD against the Euro and Japanese yen coincided with the drop of precious metals prices. Yesterday, U.S retail sales report came out: The…

Gold and Silver – Daily Outlook for October 25th

Following Wednesday’s fall, gold and silver bounced back and increased on Thursday. In the past month both precious metals have changed direction directions several times but still managed to slightly rise on a monthly scale. Yesterday, U.S jobless claims report…

Gold and Silver – Daily Outlook for October 23rd

Gold and silver Chart 2013 October 23

The gold and silver market continued to heat up and sharply increased yesterday. The recent non-farm payroll report didn’t meet expectations, which resulted in the depreciation of the USD against leading currencies and the recovery of gold and silver prices.…