lior

Gold and silver didn't do much yesterday and gold edged down while silver moderately declined. The U.S jobless claims didn't reveal a major shift in the number of claims. The American trade deficit increased. And China's industrial output growth didn't match expectations as the retail sales rose in April by only 14.1% compared to a year earlier the least since February 2009. This news is currently adversely affecting the Asian markets and may also adversely affect bullion trading during the day. On today's agenda: U.S PPI, Great Britain PPI and Canada's employment report.
The full daily forecast of gold and silver prices for May 11th

Gold edged up on Thursday by 0.08% to $1,595.5; silver on the other hand continued its downward trend and decreased by 0.22% to $29.18.
On Today's Agenda
U.S. PPI: In the previous report for March the index for finished goods remained flat compared with February’s rate and increased by 2.8% in the past 12 months; this news might affect today's movement of bullion;