APMEX Market Commentary Archive February 2012

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News and Commentaries Closing Gold & Silver Market Report – 2/24/2012 by Peter LaTona February 24, 2012 GREEK FALLOUT NIPS INVESTOR CONFIDENCE There is an unintended consequence of restructuring the Greek debt that has not received a great deal of attention. To put it simply, private bond investors are going to be more cautious and more demanding when they look at other sover... [more] Mid-Day Gold & Silver Market Report 2/24/2012 by Brandi Brundidge February 24, 2012 SILVER PRICE UP 7.1% IN WEEK; U.S. CONSUMER CONFIDENCE UP The Gold price is slightly down today as it tries to sustain this week’s gain. LGT Capital Management analyst Bayram Dincer said investors were moving into Gold on the back of expectations for further monetary easing in the Unit... [more] Morning Gold & Silver Market Report – 2/24/2012 by Ryan Schwimmer February 24, 2012 ECB PRESIDENT SEES HIGH UNCERTAINTY IN EUROZONE Precious metals are trading down across the board this morning, while U.S. stock futures are gaining ahead of economic data to be released this morning. David Morrison, senior market strategist at GFT Markets, believes that recent actions by central b... [more] Closing Gold & Silver Market Report – 2/23/2012 by Craig C. Calvin February 23, 2012 ANOTHER 3-MONTH HIGH FOR GOLD; ECONOMISTS WARY ON STEADY JOBLESS CLAIMS The Gold price reached another three-month high today, helped upward by the dollar’s weakness and a belief that central banks around the world will continue current loose monetary policies. Yesterday, Gold ended at... [more] Mid-Day Gold & Silver Market Report – 2/23/2012 by Timothy Oakes February 23, 2012 GREEK DEBT WRITE-OFF BEGINS; OIL PUSHES GOLD HIGHER Precious metals prices are on the move upward again today. A number of factors are leading to that trend, most notably the rising Middle East tension, Greek debt resolution and technical buying. RBS strategist Nikos Kavalis said, “The fact that we... [more] Morning Gold & Silver Market Report – 2/23/2012 by Peter LaTona February 23, 2012 JOBLESS CLAIMS UNCHANGED FROM LAST WEEK The number of new claims for unemployment benefits in the United States was unchanged from last week. Claims have held at the lowest levels since 2008. Economists polled by Reuters had expected claims to rise slightly from 351,000 to 354,000, so ... [more] Closing Gold & Silver Market Report – 2/22/2012 by Craig C. Calvin February 22, 2012 GOLD SETTLES AT THREE-MONTH HIGH; SKEPTICISM ON GREECE JUSTIFIED, PIMCO CEO SAYS After a sluggish performance earlier in the day, Gold settled at a three-month high this afternoon. With investors engaging in profit-taking in the wake of fading enthusiasm for Greece’s bailout agreement and the rele... [more] Mid-Day Gold & Silver Market Report 2/22/2012 by Brandi Brundidge February 22, 2012 GREEK PROTESTS PLANNED; DEFAULT SWAPS ARE CONCERN Precious metals prices have moved little today with the exception of Platinum’s, which is up considerably since this morning. Platinum’s price has rallied due to a labor dispute at one of the world’s largest Platinum mines, Impala Plati... [more] Morning Gold & Silver Market Report – 2/22/2012 by Ryan Schwimmer February 22, 2012 GOLDMAN SACHS SEES SLOW U.S. GROWTH, HIGHER GOLD PRICE IN 2012 Precious metals are experiencing mixed trading this morning, with Gold and Palladium relatively flat, Silver down about 1 percent, and Platinum up about 1 percent. For Gold, the concerns over the state of European debt have brought down... [more] Closing Gold & Silver Market Report – 2/21/2012 by Peter LaTona February 21, 2012 GOLD, SILVER PRICES HEAD HIGHER THROUGH DAY The headlines give the Greek bailout settlement credit for the big move in Gold and Silver prices today, and that was no doubt a factor. However, the wise investor might look deeper. These prices might reflect a world in constant turmoil, and... [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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