Tag: gold projection

Gold and Silver Forecast for June 9-13

Gold and silver bounced back last week despite their modest fall on Friday following the released of the NF payroll report, in which 217K jobs were added during May – inline with markets projections. Even the decision of the ECB…

Gold and Silver Forecast for June 2-6

The prices of gold and silver changed direction and plunged last week despite the modest depreciation of the U.S dollar against leading currencies. Will gold and silver resume their downward trend? For the week of June 2nd to 6th, the…

Gold and Silver Forecast for May 26-30

Gold and silver remained relatively flat during last week despite the appreciations of the U.S dollar against the Euro and Japanese yen. Will gold and silver start to show a shift in their flat line stance? For the week of…

Gold and Silver Forecast for May 19-23

Gold and silver slightly rose last week but on a monthly scale they are still nearly flat lined.  Even the forex market also showed signs of unclear trend and the U.S rallied against the Euro but fell against the yen…

Gold and Silver Forecast for May 5-9

Gold and silver slowly declined during last week only to bounce back on Friday soon after the U.S non-farm payroll report showed a 288k gain in jobs; the unemployment dropped to 6.3%. The FOMC decided earlier last week to taper…

Gold and Silver Forecast for April 21-25

The precious metals market cooled down last week. Last week, the FOMC Chair Janet Yellen talked about the Federal Reserve’s policy and reassured that the Fed will maintain the low rate even if the U.S economy reaches the FOMC’s targets…

Gold and Silver Forecast for April 14-18

The gold and silver market rallied again during last week. The bullion market’s recovery was partly due to the recent depreciation of the U.S dollar against leading currencies. The minutes of the March FOMC meeting were released and opened the…

Gold and Silver Forecast for April 7-11

The gold and silver market slightly recovered during last week. The recent non-farm payroll report, in which 192 jobs were added during March, was an improvement from previous months but wasn’t better than expected. The rate of unemployment remained flat…

Gold and Silver Forecast for March 31- April 4

The gold and silver market continued to cool down during last week. In the U.S, several reports were published and showed  mixed signal regarding the progress in its economy: new home sales fell by 3.3% during February; pending home sales…