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Gold and Silver Forecast for May 19-23
Gold and silver slightly rose last week but on a monthly scale they are still nearly flat lined. Even the forex market also showed signs of unclear trend and the U.S rallied against the Euro but fell against the yen and Canadian dollar. In the U.S jobless clams dropped again by 24k to reach 297k; Philly fed index slipped to 15.4 in May; the consumer price index rose by 0.3% in April and the core CPI by 0.2%. These news items may have slightly moved precious metals prices. Will gold and silver break free from their current price range? For the week of May 19th to May 23rd, several reports will be released including: ... (full story)
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