Tag: Gold price outlook

Gold & Silver Prices – Daily Outlook August 12

Gold price changed direction and fell for the first time this week following the recent margin hike by CME; silver price also followed and declined. The stock markets continue to zigzag and sharply incline yesterday. Gold and silver prices are…

Gold & Silver Prices – Daily Outlook August 11

The stock markets sharply fell again yesterday, while gold and silver prices inclined again. Gold and silver prices are traded down. Today, many reports will be published including Canadian and American trade balance reports, ECB monthly bulletin and US unemployment…

Gold & Silver Prices – Daily Outlook August 10

The stock markets bounced back from the sharp falls they had recorded on Monday; this shift didn’t stop from gold price to continue its rally and break new highs. Silver price changed direction and sharply fell. The FOMC kept the…

Gold & Silver Prices – Daily Outlook August 9

The stock markets took a plunge yesterday over the decision of the rating agency Standard and Poor’s to downgrade the US credit rating; Wall Street is currently showing some signs of recovery as a correction to yestreday’s falls. President Obama’s…

Gold & Silver Prices – Daily Outlook August 8

All eyes are towards Wall Street  over the markets’ reaction to the weekend news of Standard and Poor’s downgrading the US credit rating; ECB signaled yesterday it will purchase Italian and Spanish bonds in an attempt to cool down the markets.  Today,…