Thursday, November 24, 2011

Gold & Silver Prices – Daily Outlook November 24

Gold and silver prices continue to zigzag with no clear trend as they moderately
declined yesterday along with the rest of the markets including crude oil
prices, American stock markets and Euro/USD. The Super committees failure to cut
the U.S. budget didnt help rally the markets. The revised down U.S. GDP and the
decrease in U.S. demand for durable goods may have also adversely affected
commodities traders. Currently gold and silver are traded slightly up. Today,
the German Business Climate Survey will be published, Great Britain GDP for
third quarter, and the U.S. Unemployment Claims report.

No comments:

Post a Comment

LinkWithin

Related Posts Plugin for WordPress, Blogger...