Tag: Manufacturing PMI

Gold and Silver Outlook for January 3-6

Winter is coming but the markets are likely to heat up…and the same can be said about precious metals: Even though gold and silver will continue to face downward pressures — if the USD were to keep strengthening and yields…

Financial Market Preview for August 3-7

The FOMC, as usual, didn’t make any major changes to its policy and didn’t offer any big headlines. But this was interrupted by the markets that there won’t be a September rate hike. Also, the U.S. GDP for Q2 came…

Gold and Silver Outlook for February 2-6

Gold and silver took a tumble last week. The FOMC meeting didn’t have any big announcements but the bullion market reacted with a sharp fall in gold and silver the next day. On Friday, however, the GDP report was released…

Gold And Silver | Recap for June 30- July 4

The prices of gold and silver remained stable for the second consecutive week. This time, their modest rally at the beginning of the week came to a halt on Thursday following the release of the NF payroll report, in which…

Financial Market Forecast for January 20-24

The prices of leading commodities didn’t move much in the past week. On the other hand, the US dollar sharply appreciated against leading currencies such as Euro, Japanese yen and Aussie dollar during last week. During the upcoming week several…

Gold And Silver | Recap for December 30- January 3

The gold and silver market moved in an unclear direction during the week. Nonetheless, their prices ended the week higher than last week’s on account of their sharp rise on Thursday. Despite the holiday season, several U.S reports were released:…

Gold and Silver Prices Outlook for August 2013

Following the tumble in the prices of gold and silver during June, both precious metals bounced back last month. Moreover, their rally coincided with the recovery of leading currencies such as Euro and Japanese yen against the US dollar. Many…

Gold and Silver Prices Outlook for October 22-26

During the previous week, gold and silver prices decreased. Last week’s EU Summit didn’t ease the concerns of traders as Spain didn’t request a bailout. Several U.S reports may have contributed to the decline in gold and silver prices: the…