Tag: Yellen’s Testimony

Gold and Silver Outlook for February 13-17

Gold and silver continued their upward trend as the growing concerns over how the Trump administration is shaping up are starting to raise the unrest in the markets. The talks over fiscal policy, trade policy and border adjustment tax, just…

Gold and Silver Outlook for September 26-30

The bullion market recovered last week as the FOMC didn’t raise rates all awhile leaving the door open for a rate hike this year. The FOMC also revised its outlook on GDP growth rate for 2016, core inflation for 2017…

Gold and Silver Outlook for February 8-12

golden bar

The bullion market had, much like the rest of the financial market, a turbulent week: But unlike equities or other major commodities, both gold and silver continues to rise. The devaluation of the U.S. dollar helped push up precious metals…

Gold and Silver Outlook for February 23 -27

The bullion market took another beating last week as both gold and silver tumbled down mainly at the beginning of the week. Even the slightly dovish toned minutes of the FOMC meeting didn’t bring much up gold and silver. This…

Financial Market Preview for February 23-27

The Greek debt crisis seems to have reached, for now, a solution. The Greeks basically gave in to the Germans in regards to the whole austerity. The Greeks will need to submit on Monday proposal for reforms, which will need…

Gold And Silver | Recap for May 5-9

weekly precious metals chart May 5-9 2014 percent change

Gold and silver resumed their downward trend during last week. The recent testimony of FOMC Chair Yellen, in which she reiterated her view that the U.S economy is on the right track towards improvement, may have dragged down the prices…

Gold and Silver – Daily Outlook for November 14th

The prices of gold and silver declined again for the fifth consecutive business day. Nonetheless, the weak precious metals prices haven’t coincided with the appreciation of major currencies such as Euro, Japanese yen, and Aussie dollar against the USD. In…