Tag: US core durable goods

Gold and Silver Outlook for May 23-27

Gold and silver took another hit this week mainly after the minutes of the last FOMC meeting were released and managed to convince the market that a June rate hike is a viable option – albeit the chances are still…

Gold and Silver Outlook for December 23-27

The prices of gold and silver resumed their downward trend during last week. The FOMC’s decision to taper QE3 by $10 billion to $75 billion crowded out the other headlines from the FOMC press conference including the talks about keeping…

Oil Weekly Outlook for December 23-27

Oil price (WTI and Brent) rallied last week: WTI rose by 1.8%; Brent oil, by 2.82%. As a result, the gap of Brent oil over WTI slightly expanded: The premium ranged between $11.83 and $13.19. Last week, the EIA’s weekly…