During most of May the bullion market was in its early summer slumber, but by the end of the month both gold and silver took a dive and finished May in the red. The FOMC’s next move regarding its interest…
Gold and Silver Forecast for June
Tag: Gold price outlook
Gold and Silver Forecast for May
The gold and silver market cooled down along with the rest of the financial markets as precious metals didn’t do much on a monthly scale. Even the recent FOMC meeting, in which the Fed decided to taper again QE3 by…
Gold and Silver Forecast for April
The recent FOMC meeting concluded with another tapering decision. This time, this decision had a lingering negative effect on the prices of gold and silver. But the recent mini-taper wasn’t the only issue on the table. The speculations around the…
Gold and Silver Forecast for March
Following the previous FOMC meeting, which ended with a mini-taper, the FOMC will convene again for the second time this month. This upcoming meeting could stir up the markets as it did in the previous meetings. Despite the tapering of…
Gold and Silver Monthly Forecast for February
The first FOMC meeting of the year ended with another mini-taper of $10 billion; thus, the FOMC’s asset purchase program will purchase $65 billion a month of LTS and MBS. This decision may have had a moderate adverse effect on…
Gold and Silver Prices Outlook for January 2014
The last FOMC meeting of the year ended with a mini-taper of $10 billion so that quantitative easing 3 will continue to purchase $75 billion a month of LTS and MBS. This decision may have had a moderate adverse effect…
Gold and Silver Outlook for December 2013
Precious metals prices resumed their downward trend during November. The minutes of the penultimate FOMC meeting of the year revealed its members discussed the importance of conveying to the public that tapering QE3 (if and when it starts) won’t…
Gold and Silver Prices Outlook for October 2013
The bullion market has cooled down as gold and silver prices fell during most of September. The recent decision of the FOMC to keep QE3 program unchanged wasn’t enough to pull back up precious metals prices. The aftermath of the…
Gold and Silver Prices – Daily Outlook for September 11th
The prices of gold and silver tumbled down on Tuesday; their recent decline coincided with the drop of the price of oil over 2%. Some suspect the developments in Syria have affected not only crude oil prices but also other…
Gold and Silver Prices – Daily Outlook for August 29
The prices of silver and gold changed direction and slipped on Wednesday. Their recent decline coincided with the changes in the forex markets. The recent developments in the Middle East including Syria and Egypt may have contributed to the strengthening…