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Here is a weekly recap for gold and silver prices for the week of January 9th to January 13th. The recent ECB rate decision to keep the interest rate unchanged may have contributed to the rally of gold and silver. But by the end of week the announcement of S&P cutting the credit rating of France to AA+ pulled down the Euro along with precious metals prices.

For the video link on Gold and Silver Prices Weekly Outlook See here
The video link below includes an outlook for gold and silver for the week of January 16th to 20th including the main reports and news items that may affect gold and silver during the week.

Following the rally of precious metals in the past couple of weeks along with other commodities including crude oil prices, this week brings many news items on the agenda that could affect this upward trend including: China's GDP growth rate, U.S. CPI and PPI, OPEC's monthly report, U.S. housing starts and changes in existing home sales. Here is an outlook for the week of January 16th to January 20th related to the U.S., UK, China, Australia, Canada and Euro Area.
For the complete weekly outlook for the week of January 16th to 20th see here in Trading NRG
(All times GMT):
1. Monday 16th of January 18:00 – ECB President Speaks: Following the recent interest rate decision, in which it was decided to keep the rate unchanged ...

Gold and silver continued to recover from the downward trend of December and presented strong numbers during the first couple of weeks of 2012. The ECB's decision to keep the Euro interest rate unchanged may have helped keep the Euro strong during the week and consequently may have contributed to the rally of gold and silver. But by the end of week the announcement of S&P cutting the credit rating of France to AA+ dragged down the Euro along with commodities prices.


For the complete analysis on gold and silver prices weekly recap see here in Trading NRG

Gold inclined during the second week of 2012 by 0.87%; furthermore, during last week the average gold price reached $1,631.54 /t. oz which is 1.76% ...

Gold and silver continued their upward trend of the past couple of weeks. Yesterday the ECB decided to keep interest rates unchanged which in turn may have helped keep the Euro strong against the US dollar. Today, Great Britain's PPI Input report will be published, America's trade balance report and Canada's trade balance report.
For the complete daily gold price and silver prices forecast for January 13th sees here in Trading NRG
Gold moderately rose on Thursday by 0.49% to $1,647.7; silver also inclined by 0.78% to reach $30.12. During January, gold rose by 5.2% and silver by 7.9%. In the chart below are the normalized gold and silver. The chart shows the upward trend of these precious metals during recent weeks.