Tag: gold projection

Gold and Silver Forecast for October 27 -31

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The recent recovery of the U.S. dollar along with the rally of U.S. equities provided the proper climate to see gold and silver fall down. Moreover, the latest interview given by Bullard gave the necessary excuse to keep the speculations…

Gold and Silver Forecast for October 20 -24

The cool down in the U.S. equities and the weakness of the U.S. dollar against the leading currencies have provided the proper environment to slowly bring back up gold and silver. Will this slow recovery last? This week’s U.S. economic…

Gold and Silver Forecast for October 13 -17

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It seems the market was waiting for an excuse to start selling off the U.S dollar after it had spiked in the recent weeks against the Euro, Yen and Aussie dollar. Last week, the minutes of the FOMC meting provided…

Gold and Silver Forecast for October 6-10

The latest positive news from the U.S labor market – the NF payroll showed 248K jobs added during September and August numbers were revised up to 180K – was enough to drag down the prices of gold and silver to…

Gold and Silver Forecast for September 22-26

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Gold and silver took another tumble as both bullion prices: For gold, it reached its lowest level since the beginning of the year; silver came down below $18 for the first time since August 2010! The latest FOMC meeting had…

Gold and Silver Forecast for September 15-19

Precious metals, much like crude oil, resumed their downfall. This week, the main reports from the U.S are the upcoming FOMC meeting and press conference, Philly Fed index, PPI and CPI, FOMC Chair Yellen speaks, industrial production and housing figures.…

Gold and Silver Forecast for September 8-12

Precious metals, much like other commodities, kicked off last week with a plunge in prices. As the week progressed, bullion prices remained relatively flat even after the ECB surprised the markets with a rate slash and promise of an ABS…

Gold and Silver Forecast for August 25-29

Precious metals prices fell again last week, as the USD pulled up. This week, the GDP for Q2 and PCE will be release in the U.S, which could impact the bullion market. The recent Jackson Hole Symposium ended with Yellen…