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Gold and Silver Outlook for April 25-29
The divergence in the bullion market continued for a second week in a row as silver finished the week up while gold – slightly down. This divergence, however, may not last long considering the busy week ahead that includes several key economic reports coming from the U.S. – such as GDP for Q1, core PCE, consumer confidence and new home sales — and an FOMC meeting. Between the economic figures and the FOMC statement the bullion market could face a sharp rise in volatility. Let’s breakdown what’s next for gold and silver this week. Last week the ECB policy meeting concluded with no change to policy, even ... (full story)