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Gold and silver rallied on Wednesday following the FOMC's pledge to keep the low interest rates until late 2014. This news also reignited the speculation around whether the Fed will issue another stimulus plan in the near future. Today, the U.S. core durable goods report will be published, U.S. weekly update on unemployment claims, and U.S. new home sales report.

For the complete gold and silver prices daily outlook for January 26th see here in Trading NRG
Gold sharply rose on Wednesday by 2.31% and reached $1,703.0; silver also sharply increased by 3.58% and reached $33.12. During January, gold rose by 8.7% and silver by 18.65%.

Gold and silver changed direction and moderately slipped during yesterday's trading along with other commodities. Today, the FOMC statement and rate decision will be announced, U.S. pending home sales report will be published along with the German business climate report, Great Britain's GDP growth in the fourth quarter and ECB's President Draghi will give a speech. Many look forward for today's FOMC statement that may affect commodities markets if it will have any interesting headlines.
For the complete gold and silver daily analysis for January 25th see here in Trading NRG
Gold declined on Tuesday by 0.82% and reached $1,664.5; silver also slipped 0.91% and reached $31.98. During January, gold rallied by 6.2% and silver ...

In recent months there has been a near paradigm shift in the precious metals market that goes against basic market analysis of supply and demand. I'm referring to the recent change in which gold price became higher than the price of platinum. This shift occurred during October 2011 and since then has proceeded with no clear end in sight.
For the compete report on the analysis of gold vs platinum see here in Trading NRG
Currently, gold is near $1,664 per ounce, and platinum is at $1,530 per ounce, i.e. gold is nearly 8.7% more expansive than platinum.

Gold and silver continue their January upward trend. Yesterday other commodities also rallied including oil and gas. Today, the Euro Area Manufacturing PMI report will be published, the Canadian Retails Sales and Bank of England's Governor King will give a speech. Many look forward for tomorrow's FOMC statement that could affect commodities markets if there will be interesting headlines in it.
For the complete gold and silver daily analysis for January 24th see here in Trading NRG

Gold rose on Monday by 0.86% and reached $1,678.3; silver also gained 1.88% and reached $32.27. During January, gold rallied by 7.1% and silver by 15.6%.