Here is a short overview of the recent changes in gold and silver prices during
the week of March 19th to March 23rd and a forecast for the upcoming week of
March 26th to March 30th; this includes a short description of the main news
items, public speeches, and events that may have affect precious metals prices
during last week; in this analysis I use charts and a fundamental analysis to
analyze how (if at all) last weeks events and financial publications affected
the direction of gold and silver prices. During last week, gold price edged up
by 0.4% while silver price slipped by 1.02%; thus the prices of precious metals
were very close to their level from a week back. During last week the flash
estimates of China and Europes manufacturing PMI were released and didnt look
well. This news may have pulled down gold and silver prices. The protests in
India regarding the new tax on gold didnt help the gold prices as well. On the
other hand there were several U.S reports about the real estate market that
didnt show progress including the decline in new home sales, existing home
sales, and a 1.1% decrease in housing
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