Sunday, February 5, 2012

Gold and Silver Prices Weekly Outlook for February 6-10

Here is a short recap of the recent changes in gold and silver prices during the
week of January 30th to February 3rd; this overview includes a short description
of the developments in the financial arena that are related to the precious
metals market; the analysis includes chart analysis and highlights of the main
news that may have affected gold and silver prices to moderately increase during
the week. The recent non-farm payroll report came out on Friday: non-farm
employment expanded by 243,000 during January; this news may have been among the
factors to trade down gold and silver on Friday. The Euro and other risk
currencies such as the Australian dollar and Canadian dollar slightly
depreciated against the U.S. dollar during last week. This shift in the
direction of the U.S. dollar may have also been responsible for curbing the
rally of gold and silver prices during last week. The video link above includes
a short outlook for gold and silver prices for the week of February 6th to
February 10th; the forecast includes reviewing the main reports, events,
decisions and news items that will published during the upcoming week. Some of
these reports and decisions include: U.S.

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