Tag: gold projection for November 2014

Gold and Silver Forecast for November 24-28

The prices of gold and silver recovered again in the past week mainly by the end of the week following the recent decision from Beijing to slash the interest rate in order to deal with the economy’s sluggish growth rate…

Gold and Silver Forecast for November 17-21

The recent rally of gold and silver coincided with the pull back in U.S. dollar. The latest JOTLS report didn’t meet market expectations but was still very good overall after considering the headlines. This week, the main even will be…

Gold and Silver Forecast for November 10-14

Gold and silver bounced back on Friday following the release of the U.S. NF payroll report, which was slightly below expectations in terms of growth in number of jobs – 214K and not 230K as anticipated. Despite this rally, both…

Gold and Silver Forecast for November 3-7

The tumble in gold and silver came following the announcement of the FOMC to end QE3 and hawkish statement. The U.S. GDP for the third quarter also provided some backwind for the U.S. dollar and dragged down bullion prices. Finally,…