U.S. government faces third largest deficit of 2021 in July

The July budget deficit was $ 302.05 billion. This figure was surpassed only by the figures for February ($ 310 billion) and March ($ 600 billion). There are 2 months left before the end of the fiscal year, and according to the latest Treasury report, the deficit for the year is $ 2.54 trillion. Amounts … Read moreU.S. government faces third largest deficit of 2021 in July

Silver forecast for July 16, 2021: continued consolidation

Silver forecast for July 16, 2021: continued consolidation

Initially, silver tried to rally during Thursday’s trading, reaching the 50-day indicator, but then returned profit and formed a candle that was not the most attractive for buyers. The metal is likely to continue to consolidate as the market is short of catalysts at the moment. Silver remains sandwiched between the 50-day and 200-day EMA. … Read moreSilver forecast for July 16, 2021: continued consolidation

Silver Price Forecast for July 13, 2021: Further Consolidation

Silver Price Forecast for July 13, 2021: Further Consolidation

On Monday, the Gold rate was moving in a limited channel, staying above the 200-day moving average. At the moment, it looks like the precious metal feels very comfortable just above the $ 26 area. The 50-day moving average continues to provide resistance, however, it rushed downward, which puts a little bearish pressure on the … Read moreSilver Price Forecast for July 13, 2021: Further Consolidation

Gold rate forecast for July 13, 2021: problems with breakout up

Gold rate forecast for July 13, 2021: problems with breakout up

The gold rate retraced slightly during the past trades, but reversed and climbed to the 200-day moving average. The $ 1,800 level is sort of a magnet for the price, so gold is now just trying to figure out where to go in the longer term. If it breaks past the highs of last week, … Read moreGold rate forecast for July 13, 2021: problems with breakout up

Gold Bullion Coin Weekly Market Review July 30 – August 5, 2018

Last week prices for precious metals remained practically unchanged. An ounce of gold hovered around the $ 1,220 mark, while silver traded near the $ 15.4 / oz level. Despite the fact that the dynamics on the precious metals market does not look the best, the latest mints’ figures show a sharp surge in demand. … Read moreGold Bullion Coin Weekly Market Review July 30 – August 5, 2018