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DG365FD46564GFH654FU898 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 week’s 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 Europe’s manufacturing PMI were released and didn’t look well. This news may have pulled down gold and silver prices. The protests in India regarding the new tax on gold didn’t help the gold prices as well. On the other hand there were several U.S reports about the real estate market that didn’t show progress including the decline in new home sales, existing home sales, and a 1.1% decrease in housing
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