Tag: US housing data

Gold and Silver Forecast for February 3-7

Gold and silver changed direction and fell last week mainly following the latest FOMC’s decision to cut down again its asset purchase program by an additional $10 billion to $65 billion a month. This mini-taper was expected and yet it…

Gold and Silver Forecast for January 27-31

Gold price continued to slowly recover during last week, while silver changed course and fell. The weakness in the equities markets and the depreciation of the US dollar against the Euro and Japanese yen may have contributed to the rally…

Gold and Silver Forecast for January 20-24

Gold and silver continued to slowly recover during last week following their tumble in December. The current low volatility in the bullion market might continue until the next FOMC meeting at the end of January will take place. This meeting…

Gold and Silver Outlook for January 13-17

Gold and silver bounced back mainly by the end of the week following the lower than expected rise in new jobs. According to the latest NF payroll report, only 74k jobs were added in December, which was lower than anticipated.…

Gold and Silver Outlook for December 16-20

The prices of gold and silver moved in an unclear trend during the past week; the speculations around this week’s FOMC meeting keep the bullion market with high uncertainty. Some analysts guess tapering will be announced in next FOMC meeting:…