Tag: silver price outlook

Gold and Silver Outlook for September 5-9

Gold and silver didn’t do much throughout most of last week until Friday when the non-farm payroll report presented a gain of only 151K jobs – lower than expected – and even the annual growth in wages also fell short…

Gold and Silver Outlook for August 15-19

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Precious metals prices remained relatively flat throughout the week; the recent economic data from the U.S. including retail sales were slightly disappointing but not enough to change much market sentiment nor interest rates. Looking forward, some major economic data from…

Gold and Silver Outlook for August 8-12

Gold and silver didn’t perform well last week as the NFP report showed, once again, a better than expected headline figure with a growth of 255K jobs – compared to an expected gain of 180K; also, the BOE, as expected,…

Gold and Silver Outlook for August 1-5

The bullion market kept recovering as the FOMC and BOJ didn’t change their policies. And the disappointing GDP report for the U.S. – only 1.2% growth vs. 2.6% exp. – was enough to drive further up gold and silver prices.…

Gold and Silver Outlook for July 25-29

Gold and silver lost some steam in the past week as interest rates picked up again and the U.S. dollar strengthened even though the ECB and BOE didn’t introduce any new policy last week. This week’s main events will focus…

Gold and Silver Outlook for July 18-22

Now that the U.S. economy is showing signs of recovery including the better than expected NFP report and retail sales, the market is slowly adjusting again to a possible rate hike this year. And higher rates also mean a slower…

Gold and Silver Outlook for July 11-15

Even though the recent NFP report presented much better than expected gains in jobs – 287K compared to 175K outlook – the bullion market didn’t react much and if anything silver kept rising on Friday. It seems that the ongoing…

Gold and Silver Outlook for July 4-8

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Gold and silver gained momentum last week as Britain voted to leave the EU. And even though equities have recovered, the high uncertainty in the markets is likely to preserve the risk-off market sentiment, which only benefits bullion prices. Besides…

Gold and Silver Outlook for June 27- July 1

The British referendum ended with a surprise result as around 52% of the voters decided to leave the EU. This decision shook up the financial markets with the British pound falling by 8% against the U.S. dollar and the Euro…