APMEX Market Commentary Archive December 2011

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News and Commentaries Morning Gold & Silver Market Report – 12/16/2011 by Ryan Schwimmer December 16, 2011 DESPITE GOLD’S PRICE CHANGES, PHYSICAL DEMAND STILL INCREASING Gold is bouncing back from the losses experienced this week, along with Silver, Platinum, and Palladium. Bloomberg surveyed 21 economists on which direction Gold will take next week, and nearly half of them said... [more] Closing Gold & Silver Market Report – 12/15/2011 by Timothy Oakes December 15, 2011 IMF FEELS EUROPEAN CRISIS GETTING WORSE Since the Mid-Day Gold & Silver Market Report, precious metals prices have remained fairly stable. The outlook for gold remains quite strong. The relative strength index for gold remained below average for another day, which points to an attractive buying... [more] Mid-Day Gold & Silver Market Report – 12/15/2011 by Brandi Brundidge December 15, 2011 GOVERNMENT SHUTDOWN POSSIBLY HOURS AWAY The Gold price is lower since this morning’s rebound. There are various factors that have affected the price of Gold, such as the global economic outlook. Investors are keeping close watch on Europe, as the eurozone’s financial crisis... [more] Morning Gold & Silver Market Report – 12/15/2011 by Ryan Schwimmer December 15, 2011 WITH GOLD, IT’S ALL ABOUT THE DOLLAR Gold and Silver prices have rebounded slightly along with the euro after falling to a three-month low Wednesday. Sharps Pixley’s Ross Norman said, “With the sharp falls we have seen (Wednesday), there is a bit of short-covering. The stre... [more] Closing Gold & Silver Market Report – 12/14/2011 by Peter LaTona December 14, 2011 GOLD PRICE FALLS TO 3-MONTH LOW The Gold price fell through the $1,600 barrier for the first time in three months. This was a decline of nearly 5%. Silver prices managed to fall through the $30 level and dropped 7% on the day. There was no breaking news, just the escalating... [more] Mid-Day Gold & Silver Market Report by Geoffrey Varner December 14, 2011 GOLD PRICE FALLS BELOW KEY TECHNICAL BARRIER Gold prices have taken a sharp turn down today, dropping below the 200-day moving average for the first time in almost three years. The U.S. dollar is gaining, while stocks, commodities, and even Gold are losing ground. It isn’t... [more] Morning Gold & Silver Market Report – 12/14/2012 by Peter LaTona December 14, 2011 SILVER PRICE DROPS BELOW $30 Silver prices had been spending time below $30 per oz earlier this morning, but the price had bounced off its low by 8 a.m. (CST). Precious metals prices in general are under pressure on continued eurozone concerns. The euro continues to decline... [more] Closing Gold & Silver Market Report – 12/13/2011 by Timothy Oakes December 13, 2011 ECONOMY ‘EXPANDS MODERATELY’ PER FED Since the Mid-Day Gold & Silver Market Report, precious metals prices have been on the decline, due in large part to technical selling. The outlook by financial analysts, though, still points to Gold as a safe-haven investment, large... [more] Mid-Day Gold & Silver Market Report by Brandi Brundidge December 13, 2011 FED’S STIMULUS PLANS REMAIN UNCLEAR Gold prices are down slightly since this morning. Jay Taylor, president and chief executive of Taylor Hard Money Advisors, commented on the perception of Gold as a monetary metal, saying, “When confidence is lost in the currency system, Gold is... [more] Morning Gold & Silver Market Report – 12/13/2011 by Ryan Schwimmer December 13, 2011 PHYSICAL COMMUNITY RESPONDS TO GOLD PULLBACK; FED STATEMENT DUE TODAY After dipping in overnight trading, precious metals prices have recovered. Currently, Gold and Palladium are near yesterday’s closing prices, while Silver and Platinum are enjoying slightly larger gains. ... [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. All orders, all purchases and all sales, if any, are subject to the terms of the User Agreement and other applicable policies.