Tag: US retail sales

Gold and Silver Outlook for October 10-14

Gold and silver took another beating as the USD gained some more momentum over the rising chances of a rate hike by the FOMC and the collapse of the British Pound over Brexit woes. And this week the focus will…

Gold and Silver Outlook for August 10-14

golden bar

The NFP report came close, but still a bit short, of market estimates. This report, however, didn’t provide any clarification about the Fed’s rate hike timing, if at all, any more than the FOMC meeting did in the preceding week.…

Gold and Silver Outlook for December 9-13

The prices of gold and silver changed direction and sharply fell during last week. Despite their fall, during the week they have zigzagged with an unclear trend. During last week, several reports were released during the week that could influence…

Oil Weekly Outlook for December 9-13

Oil price (WTI and Brent) changed direction and rose last week: WTI spiked by 5.32%; Brent oil, by 1.75%. As a result, the gap of Brent oil over WTI contracted: The premium ranged between $13.6 and $17.63. Last week, the…

Gold and Silver Prices Outlook for September 23-27

The prices of gold and silver rallied during last week. The latest FOMC meeting ended with Bernanke keeping the monetary policy unchanged even though many had expected the Fed will start tapering its asset purchase program. As a result gold…

Gold and Silver Prices Outlook for September 16-20

During the previous week, gold and silver prices plummeted. The upcoming FOMC meeting could stir up the precious metals markets especially if the Fed surprises and changes its monetary policy.  The current expectations are that the Fed will start taper…

Gold and Silver Prices Outlook for September 9-13

During last week, gold slightly fell while silver rallied. The market expectations for the next FOMC’s meeting keep gold and silver from forming a clear trend. Some analysts suspect the Fed will taper QE3 in September from $85 billion to…