APMEX Market Commentary Archive October 2011

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News and Commentaries Morning Gold & Silver Market Report – 10/21/2011 by Ryan Schwimmer October 21, 2011 EU SUMMIT IN FOCUS; WHY ONE ANALYST CAN’T TRUST NEWS OUT OF EUROPE In overnight trading, precious metals recovered from yesterday’s losses while stock futures are pushing upwards as well. All eyes are on the EU summit happening this Sunday and whether a resolution to the European debt crisis ... [more] Closing Gold & Silver Market Report – 10/20/2011 by Robert Davis October 20, 2011 GADDAFI CONFIRMED DEAD; GOLD ENDS LOWER FOR FOURTH STRAIGHT DAY Gold is closing lower for the fourth straight day, although it has risen since the mid-day commentary, amid uncertain optimism by traders and investors. The Dow Jones Industrial Average has closed opposite its direction the previ... [more] Mid-Day Gold & Silver Market Report – 10/20/2011 by Stephanie Chandler October 20, 2011 INVESTORS COVER LOSSES ON EUROZONE’S INCONSISTENCIES Precious metals have fallen a little in morning trading. Conflicting news of this weekend’s meeting in Europe on the handling of Greece and other eurozone problems have confused investors, thus spurring the volatile market movements. ... [more] Morning Gold & Silver Market Report – 10/20/2011 by Ryan Schwimmer October 20, 2011 KEY VOTE IN GREECE TODAY; JOBLESS CLAIMS DOWN; GADDAFI REPORTED DEAD In overnight trading, precious metals were down on renewed optimism that a resolution will be found in the European debt crisis. A very important austerity vote takes place in Greece today as protesters attempt to bring the ... [more] Closing Gold & Silver Market Report – 10/19/2011 by Robert Davis October 19, 2011 FEAR OF EURO ZONE CALAMITY DRIVES MARKETS IN LATE DAY TRADING Gold and silver have remained relatively unchanged since the mid-day report. However, stock markets, which were calm in early trading, have sold off somewhat this afternoon. Greece is expected to pass more austerity measures despi... [more] Mid-Day Gold & Silver Market Report – 10/19/2011 by Timothy Oakes October 19, 2011 EURO ZONE DEBT TALKS STALL, GOLD DROPS Gold and precious metals prices have fluctuated on news that euro zone debt talks have stalled, as well as the U.S. government’s action to limit speculation in commodities markets. According to Richard Hastings, Macro Strategist at Global Hunter Securities, “G... [more] Morning Gold & Silver Market Report – 10/19/2011 by Ryan Schwimmer October 19, 2011 PHYSICAL METALS STILL DESIRED; OPTIMISM IN EUROPE, BUT WHY? Gold and U.S. stock futures are fairly flat this morning. In the U.S., inflation data was mainly in line with expectations in a report released this morning. Higher hopes of a resolution to the European debt crisis has investor... [more] Closing Gold & Silver Market Report – 10/18/2011 by Peter LaTona October 18, 2011 Silver & Palladium Prices Go Positive, While Gold & Platinum Recover - The stock market boomed again today, on reports that Germany and France are moving closer to an agreement on how to fix the European debt crisis. This news also turned precious metal prices around with silver and palladiu... [more] Mid-Day Gold & Silver Market Report – 10/18/2011 by Timothy Oakes October 18, 2011 Precious Metals Prices Move Up -The prices of precious metals have rallied from the Morning Gold & Silver Market Report. The concerns involving Chinese economic slowdown, the Greek debt crisis and France being under a credit review for possible downgrade by Moody’s to its AAA rating should boost... [more] Morning Gold & Silver Market Report – 10/18/2011 by Peter LaTona October 18, 2011 The Chinese Economy Grows at the Slowest Rate in Two Years –The Chinese economy grew at 9.1% in the third quarter from a year earlier, which is the slowest pace since 2009. This was down from the 9.5% of previous quarters and the expectations of 9.3%. The slowdown is a global concern on two fronts. ... [more] Month List 2013 May (55) 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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