lior

Gold and silver continued their downward trend during last week and thus are headed (at thus rate) to the worst performing month (so far) in 2012. Last week it was reported that the industrial production output of China and India didn't reach expectations and thus may have adversely affected precious metals rates. The result of the elections in France and Greece raised the concerns that the austerity plans in these countries won't be carried through by the new elected officials. This news may have also been among the factors dragging down not only the Euro but also other currencies and commodities prices.
This upcoming week there are many news items on the agenda that may affect precious metals. The main events of the week will revolve around the U.S core CPI, the EU GDP, U.S Philly Fed Survey, bond auctions in Italy and Spain, U.S housing starts and minutes of the recent FOMC meeting.
Here is a short overview and an outlook for May 14th to 18th for gold and silver:

The video report and complete analysis of Gold and Silver Weekly Outlook
The video link above about gold and silver shows a broad overview for the main publications, public speeches and events that may influence bullion during May 14th to 18th; the video includes reviewing the main reports, events, decisions and publications that will come out during the days to come. Some of these reports and events include: