Tag: Gold prices forecast

Gold & Silver Prices – Daily Outlook May 25

Gold and silver prices bounced back from their tumble in recent days. Other commodities including oil also rallied during Thursday’s trading. U.S jobless claims nearly didn’t change and core durable goods report presented a mixed trend and little movement. The…

Gold & Silver Prices – Daily Outlook May 24

Gold and silver prices tumbled down again along with other commodities. The Euro/USD reached yesterday its lowest level in nearly two years. The speculation around the future of Greece in the EU is likely to be among the factors dragging…

Gold & Silver Prices – Daily Outlook May 23

Gold and silver prices continued their downward trend as the Euro and other currencies also tumbled down. The U.S existing home sales rose in April. European Leaders will convene today in order to talk about the EU debt crisis; they…

Gold & Silver Prices – Daily Outlook May 22

Gold and silver prices change direction and declined again after they have both spiked in the last two days of last week. On today’s agenda: U.S. Existing Home Sales (update: Housing sales rose in April), BOJ Rate Decision, Great Britain…

Gold & Silver Prices – Daily Outlook May 21

Gold and silver prices continued their rally on Friday and thus completed a two day recovery after both metals had declined during most of the month so far. On today’s agenda: FOMC Member Lockhart Speaks. Currently precious metals prices are…

Gold & Silver Prices – Daily Outlook May 18

Gold and silver prices took a sharp turn and sharply rose yesterday. Gold recorded the sharpest single day gain this year (UTD). The Philly Fed Index tumbled down to -5.8 in May; this news may have rallied bullion prices but…

Gold & Silver Prices – Daily Outlook May 17

Gold and silver prices tumbled down again during yesterday along with other commodities prices.  The new elections in Greece will be held on June 17. In the meantime the ECB temporarily stopped lending to several Greek banks. Did the minutes…

Gold & Silver Prices – Daily Outlook May 16

Gold and silver prices continued their downward trend during yesterday’s trading despite the slightly positive news of the higher than expected growth rate of Germany’s GDP in the Q1 2012 (a  growth rate of 0.5%); the news of the new…

Gold & Silver Prices – Daily Outlook May 11th 2012

Gold and silver prices didn’t do much yesterday and gold edged down while silver moderately declined. The U.S jobless claims didn’t reveal a major shift in the number of claims. The American trade deficit increased.  And China’s industrial output growth…