Tag: Gold prices outlook

Gold & Silver Prices – Daily Outlook July 26

Gold price forecast & silver prices 2012 July 26

Gold and silver changed direction and pace as both precious metals bounced back on Wednesday. Yesterday it was reported that, in Q2 2012 Great Britain’s Gross Domestic Product contracted by 0.7%. This news may have contributed to the rally the…

Gold & Silver Prices – Daily Outlook July 24

Gold and silver resumed their downward trend as both precious metals declined on Monday. Many other commodities such as oil also tumbled down. China flash Manufacturing PMI was released tonight and showed the index rose to 49.5 but still means…

Gold & Silver Prices – Daily Outlook July 20

Gold and silver changed direction and rose on Thursday after they had declined for three consecutive days. The U.S reports that came out yesterday and showed a mixed signal: the U.S rate of existing home sales declined by 5.4%; US…

Gold & Silver Prices – Daily Outlook July 19

Gold and silver declined for the third consecutive day. The testimony of Bernanke didn’t reveal the next move of the FOMC. The U.S housing starts report came out yesterday: housing starts rose by 6.9% during June (M-o-M). This report may…

Gold & Silver Prices – Daily Outlook July 18

Gold and silver edged down again for the second consecutive day. The recent testimony of Bernanke didn’t offer any hints of the future steps of the FOMC. Bernanke voiced his concerns for the slow decline in rate of unemployment and…

Gold & Silver Prices – Daily Outlook July 13

Gold and silver, much like many other commodities, didn’t do much yesterday as both metals moved in different direction for the second consecutive day. The U.S jobless claims decline by 26 thousand to 350k. China’s GDP growth rate report for…

Gold & Silver Prices – Daily Outlook July 12

Gold price declined again for the second consecutive day. Silver, on the other hand edged up. The recent minutes of the June FOMC meeting didn’t provide any hints of possible implementations of QE program in the near future. Several FOMC…