Gold Price Outlook Silver Price Forecast Week of January 23-27

Here is a weekly recap for gold and silver prices for the week of January 16th
to January 20th that includes a description of the recent developments of gold
and silver prices via chart analysis and highlights of the main news that may
have affected gold and silver prices to further increase during the week. The
recent announcement of S&P to downgrade France and Austrias credit rating didnt
seem to bother traders as the recent auction of France and Spain seem to have
gone well during the week. The Euro and other risk currencies such as CAD and
AUD rose against the U.S. dollar during last week. This, in turn may have been
among the factors responsible for the rally of gold and silver prices during
last week. The recent American reports that were published last week including
the U.S. housing starts and the U.S. Producer Price Index may have also
contributed to the rally precious metals prices during the week. The video link
above also includes a quick forecast for gold and silver prices for the week of
January 23rd to January 27th including the main reports, events, decisions and
news items that may affect gold and silver prices