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Gold and Silver Outlook for November 30- December 4

From tradingnrg.com

Silver and gold prices fell again in the past week as the U.S. dollar kept rising and the market raised the odds of a December rate hike by the FOMC. Will this week be any different? The focus will shift to the old continent and ECB’s rate decision. The next day, the last NFP report for the year will be published. Between these two events we also have Chair Yellen’s testimony that could bring additional volatility for precious metals. Other events and reports to consider this week include: Rate decisions of Bank of Canada and Reserve Bank of Australia, manufacturing PMI of China and U.S. factory orders. The ECB is ... (full story)

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