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News and Commentaries

Closing Gold & Silver Market Report – 2/29/2012

by Craig C. Calvin February 29, 2012
SHARP SELL-OFF FOR GOLD, SILVER; FANNIE MAE TO SEEK $4.6 BILLION   Gold and Silver experienced drastic sell-offs today after testimony by Federal Reserve Chairman Ben Bernanke before the House Financial Services Committee. Bernanke indicated that the Fed is not likely to consider a third... [more]

FLASH: Gold Falls Below $1,700; Silver Below $35

by Peter LaTona February 29, 2012
In most cases, when Federal Reserve Chairman Ben Bernanke speaks, precious metals prices go up. But not today. Bernanke’s comments have created a sharp selloff in Gold and Silver. In testimony before a congressional committee, Bernanke said he would not take the possibility of QE3 off the table, but... [more]

Mid-Day Gold & Silver Market Report 2/29/2012

by Brandi Brundidge February 29, 2012
GOLD DIPS AS FED CHAIRMAN SPEAKS   As Federal Reserve Board Chairman Ben Bernanke spoke to the House Financial Services Committee this morning, the Gold price took a quick dive. At one point, Gold was down more than $70 per ounce. On the labor market, Bernanke said, “The job market remai... [more]

Morning Gold & Silver Market Report – 2/29/2012

by Ryan Schwimmer February 29, 2012
GOLD PRICE DROPS AS FED CHAIRMAN’S TESTIMONY BEGINS   Precious metals prices lost ground in trading this morning as Federal Reserve Chairman Ben Bernanke began testifying before the House Financial Services Committee. The Gold price dropped as much as $70 per ounce at one point, but the ... [more]

Closing Gold & Silver Market Report – 2/28/2012

by Craig C. Calvin February 28, 2012
Gold Hits a Three Month High, Silver a Four Month High; Pimco CEO Says Greek Bailout Will Fail Shaking off yesterday’s downward ending, the price of Gold ended the afternoon at its highest point in three months. With analysts saying that long-term support for gold is solid, investors took advantage... [more]

Mid-Day Gold & Silver Market Report – 2/28/2012

by Timothy Oakes February 28, 2012
GOLD UP, OIL DOWN; FED CHAIRMAN TO SPEAK Precious metals prices have been on the rise since the Morning Gold & Silver Market Report. This would seem to be a precursor to Federal Reserve Chairman Ben Bernanke’s upcoming semi-annual monetary policy report to the House of Representatives tomorrow ... [more]

Morning Gold & Silver Market Report – 2/28/2012

by Ryan Schwimmer February 28, 2012
OIL, GOLD BUCK TREND; DURABLE GOODS ORDERS DROP   All precious metals are enjoying gains this morning, with Silver leading the pack. Peter Fertig of Quantitative Commodity Research Ltd. said, “The euro is stronger against the dollar, and that’s one of the major supportive factors.” Ferti... [more]

Closing Gold & Silver Market Report – 2/27/2012

by Craig C. Calvin February 27, 2012
GOLD PRICE RISE SEEN THIS WEEK; BEARS PREDICT MARKET CORRECTION   After significant gains pushed Gold to end the previous week up by 2.9 percent, profit-taking by investors caused the price to end the day slightly down in afternoon trading. The metal ended the day down just 0.1 percent... [more]

Mid-Day Gold & Silver Market Report 2/27/2012

by Brandi Brundidge February 27, 2012
PLATINUM MINE TO REHIRE STRIKERS; GERMAN VOTE SUPPORTS SECOND GREEK BAILOUT   Precious metals prices were holding steady with little fluctuation. Gold’s price is primarily being affected by Europe’s debt crisis and high crude oil prices. The speculation that crude oil could increase to $... [more]

Morning Gold & Silver Market Report – 2/27/2012

by Peter LaTona February 27, 2012
OIL PRICE KEEPS RISING; GOLD, SILVER PRICES SOFTEN   Oil prices have gone up the past two weeks and look as if they might make a run at a third consecutive week. A CNBC poll showed 75 percent of analysts and traders are expecting higher prices this week. There is concern that rising oil ... [more]
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.

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