APMEX Market Commentary Archive September 2011

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News and Commentaries Closing Gold & Silver Market Report – 9/21/2011 by Robert Davis September 21, 2011 BERNANKE RESPONDS TO MARKET’S JITTERBUGS; DOES THE TWIST The much-anticipated, much-speculated announcement from the Federal Open Market Committee came this afternoon and confirmed what most analysts were predicting: A strategy known as “Operation Twist.” Precious metals and stock markets are... [more] Mid-Day Gold & Silver Market Report – 9/21/2011 by Timothy Oakes September 21, 2011 FED STEPPING IN, GLOBAL ACTION NEEDED Prices have remained relatively steady since the Morning Gold & Silver Market Report. The relative evenness of prices is supported by news that new construction of homes fell, but existing home sales hit its highest point since March. There is a lot of hypo... [more] Morning Gold & Silver Market Report – 9/21/2011 by Ryan Schwimmer September 21, 2011 ALL EYES ON FOMC; BULLION VAULTS FULL In overnight trading, gold prices rose before falling to the current level on a stronger dollar. U.S. stock futures are pointing to a positive open this morning for Wall Street, thanks to optimism that positive news for the market will emerge from the Fed... [more] Closing Gold & Silver Market Report – 9/20/2011 by Stephanie Chandler September 20, 2011 IMF GIVES NOT SO NICE GLOBAL OUTLOOK; CENTRAL BANKS BUY UP GOLD Precious metals have done well today on the news of the negative global outlook that the International Monetary Fund (IMF) released, as well as Italy’s credit downgrade, and the lowest housing numbers since April. The IMF report state... [more] Mid-Day Gold & Silver Market Report – 9/20/2011 by Ryan Schwimmer September 20, 2011 GREECE LIKELY TO DEFAULT, BUT IS EURO BREAKUP ‘EXAGGERATED?’ In early-morning trading, both the stock market and the precious metals market are up moderately. The movement in the metals market is thanks to a “move to safety,” as Tom Pawlicki of MF Global says, after S&P cut Italy’s sovere... [more] Morning Gold & Silver Market Report – 9/20/2011 by Peter LaTona September 20, 2011 S&P Cuts Italy’s Rating – Gold Prices Climb – Standard & Poor’s (S&P) cut Italy’s debt rating yesterday on concerns that the on going debt crisis will raise borrowing costs throughout the euro zone. This move surprised many and only puts more pressure on policymakers to lead. The chief c... [more] Closing Gold & Silver Market Report – 9/19/2011 by Craig C. Calvin September 19, 2011 STOCKS PARE LOSSES AFTER GREEK CONFERENCE CALL; OBAMA UNVEILS DEFICIT PLAN Between the Mid-Day Gold & Silver Report and the posting of this report, precious metals prices have continued to slide, ending the day at a three-week low as investors cashed in their gold. Brien Lundin, editor of Gold ... [more] Mid-Day Gold & Silver Market Report – 9/19/2011 by Timothy Oakes September 19, 2011 DOLLAR RISES, AS DO GREEK DEBT FEARS Since the Morning Gold & Silver Market Report, precious metals prices have tumbled, largely due to the rising value of the dollar and continued skepticism over a resolution of the debt situation in Greece. "Given ongoing problems in the eurozone and the... [more] Morning Gold & Silver Market Report – 9/19/2011 by Peter LaTona September 19, 2011 European Banks Become Net Buyers of Gold – Most of us know that central banks, as a whole, became net buyers of gold in 2010, thus reversing a 20-year pattern of net selling. Although this was true as an aggregate number, European banks were still net sellers of gold in 2010, but in 2011, they too h... [more] Closing Gold & Silver Market Report – 9/16/2011 by Stephanie Chandler September 16, 2011 U.S. STOCKS CLOSED HIGHER FOR 5TH DAY IN A ROW Precious metals have settled since mid-day trading as two U.S. stock indexes continue to rise. Some have an optimistic look at the future of our world’s financial situation, thinking there is a seemingly simple solution to the current financial and p... [more] Month List 2013 May (40) April (66) March (60) February (60) January (63) 2012 December (62) November (60) October (71) September (58) August (51) July (42) June (48) May (48) April (51) March (66) February (65) January (63) 2011 December (64) November (60) October (63) September (62) August (69) July (60) June (64) May (62) April (63) March (69) February (52) January (61) 2010 December (62) November (59) October (33) Authors Brandi Brundidge Craig C. Calvin Eli Hamilton Gaya Vinay Geoffrey Varner John Foster Michael Haynes Mike Garofalo Nicholas Wilsey Peter LaTona Ryan Schwimmer Ted Prince << Previous Commentaries Next Commentaries >> DISCLAIMER: APMEX’s ‘News and Commentaries’ provide our readers with a review of spot price activity and some of the factors that may be affecting the market for precious metals, three times during the trading day. While the information is obtained from sources we believe to be reliable, we do not guarantee its accuracy or its completeness and we encourage you to conduct your own investigation prior to making any decision based on the information. The "News and Commentaries" are not intended as a comprehensive discussion and there may be other factors that may be affecting the financial marketplace. These "News and Commentaries" are provided for informational purposes only and do not constitute a recommendation by APMEX to hold, to purchase or to sell any precious metal product. 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