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Gold and Silver Prices Weekly Outlook for August 13-17
During last week gold and silver prices edged up. There weren’t too many events that affected the bullion or forex markets. There were several reports that came out during the week but none of them seem to have a substantial effect on precious metals. The U.S trade balance deficit declined during June; U.S. jobless claims declined last week by 6k to 361k. During the upcoming week there are several important publications and events that may affect precious metals markets: U.S Philly fed index, Euro Area GDP for Q2 2012, U.S PPI, minutes of BOJ monetary policy, U.S housing starts, Canada and America’s CPI, and U.S. ... (full story)
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