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Gold & Silver - Daily Outlook March 14

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by , 03-14-2012 at 05:45 AM (337 Views)
Gold and silver changed directions several times during yesterday's trading but eventually ended the day with slight shifts as gold slightly declined and silver moderately rose. The recent FOMC meeting didn't introduce any new stimulus plans. The U.S retail sales report came out yesterday and showed a rise of 1.1% in February 2012. This news may have helped rally the U.S stock markets and major commodities prices. On today's agenda: Euro Area Annual Inflation and Bernanke's Speech.
The complete daily outlook of gold and silver prices for March 14th
Gold declined on Tuesday by 0.33% to $1,694.2, while silver increased by 0.5% to $33.58. During the month, gold slipped by 1% and silver declined by 3.06%.
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