Tag: tapering QE3

Gold and Silver – Daily Outlook for December 18th

The prices of gold and silver changed direction and fell on Tuesday. Nonetheless, on a monthly scale both precious metals haven’t done much and only slightly declined. The upcoming FOMC statement and outlook are likely to affect the developments in…

Gold and Silver – Daily Outlook for December 17th

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The prices of gold and silver resumed their rally and rose again for the second consecutive day. This trend, however, might change direction if the Fed announces tomorrow the tapering of its asset purchase program. Today the FOMC starts its…

Weekly Outlook of Financial Markets for December 2-6

Last week’s slow pace in the financial markets won’t repeat next week, and many news items, decisions and reports will come to fruition. These include: U.S non-farm payroll report, ECB, RBA, BOC and BOE rate decisions, U.S, Canada, Australia and…

Gold and Silver Prices Outlook for November 4-8

The prices of gold and silver changed direction and tumbled down last week. Their recent plunge coincided with the appreciation of the US dollar against the Euro and Aussie dollar. The FOMC meeting didn’t offer any new headlines, but some…

Weekly Outlook of Financial Markets for November 4-8

Last week, the FOMC meeting may have rekindled the speculations of tapering QE3 in December. The market reaction soon followed as the USD rallied and precious metals prices tumbled down. Looking forward, will the US dollar continue to rally? This…

Gold and Silver Prices Outlook for October 2013

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The bullion market has cooled down as gold and silver prices fell during most of September. The recent decision of the FOMC to keep QE3 program unchanged wasn’t enough to pull back up precious metals prices. The aftermath of the…