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Gold and Silver Outlook for April 27-May 1

From tradingnrg.com

The weakness in the U.S. dollar didn’t gold and silver that kept coming down, as they have reached their lowest level this month. Will gold and silver change course again this week? The FOMC could shake things up for bullion investors especially if the FOMC turns a bit more dovish again. Besides the FOMC’s statement the first estimate of the U.S. GDP for the first quarter will come out this week and could also move the bullion market. Besides these two main evens of the week, other reports and events to consider include: GB first quarter GDP, U.S. and GB manufacturing PMI, U flash CPI, EU Monetary developments ... (full story)

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