Tag: silver forecast

Gold and Silver Forecast for July 7-11

Precious metals didn’t do much last week and their rally of the past several weeks seems to have reached an impasse. Yellen’s speech at the IMF had a dovish tone as she restated a rate isn’t likely to occur anytime…

Gold and Silver Forecast for July

The gold and silver markets have made their biggest comeback since February of this year. Their rally may have stemmed by the escalations in Iraq and the latest FOMC meeting. But this rally didn’t lead to a sharp rise in…

Gold and Silver Forecast for June 30- July 4

Gold and silver slightly rose last week and thus rallied in the past four consecutive weeks. During last week, the U.S GDP growth rate was revised down to -2.9%. This news may have contributed to the recovery of precious metals…

Gold and Silver Forecast for June 23-27

The prices of gold and silver resumed their upward trend at the end of last week following the FOMC meeting. The FOMC’s statement had a general dovish overtone; Chair Yellen also kept the tight lid on the Fed’s future plans…

Gold and Silver Forecast for June 16-20

Gold and silver resumed their upward trend and rallied for the second week in a row. The rise in violence in Iraq may have contributed to the rally of not only oil but also assets, which are considered safe haven…

Is Silver Wheaton Corp Turning into Gold Wheaton?

Silver Wheaton (NYSE: SLW), the world’s largest silver streaming company, has recently announced it joined the World Gold Council. Does this mean, the company’s gold operations take a much higher portion of its sales in the coming years? In other…

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

During most of May the bullion market was in its early summer slumber, but by the end of the month both gold and silver took a dive and finished May in the red. The FOMC’s next move regarding its interest…