Tag: Gold prices outlook

Gold & Silver Prices – Daily Outlook August 9

Precious metals prices, much like many other commodities, continue to zigzag with an unclear trend. This could be, among others, due to the London Olympics that shifted the attention of many traders to this prime even. The price of gold…

Gold & Silver Prices – Daily Outlook August 8

The price of gold changed direction and edged down on Tuesday after it had increased during the previous days. Silver, on the other hand, continued to trade up. The Euro an many other risk currencies depreciated against the USD. Currently,…

Gold & Silver Prices – Daily Outlook August 7

Gold and silver continued to trade up for the second consecutive day; the recent rise in bullion prices coincided with the rally of other commodities rates and stock indexes.  Bernanke didn’t offer any insight as to the future steps of…

Gold & Silver Prices – Daily Outlook August 3

Gold and silver fell for the third consecutive day. The lingering effect of the recent FOMC decision to keep policy unchanged and ECB’s decision to leave interest rate unchanged may have contributed to the decline of not only the Euro,…

Gold & Silver Prices – Daily Outlook August 2

Gold price forecast & silver prices 2012 August 2

Gold and silver declined for the second consecutive day after the FOMC didn’t announce any additional monetary expansion plans. As I have pointed out, without another QE program, gold and silver will likely to remain flat. The U.S manufacturing PMI…