APMEX Market Commentary Archive March 2012

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News and Commentaries Morning Gold & Silver Market Report – 3/22/2012 by Timothy Oakes March 22, 2012 GOLD LOWER ON PROFIT-TAKING; CHINA’S ECONOMY CONTRACTING? Precious metals fell in overnight trading, as less-than-promising Chinese factory data has caused many investors to cash out their positions for profit-taking purposes. Many investors are awaiting European data to see how the eu... [more] Closing Gold & Silver Market Report – 3/21/12 by Peter LaTona March 21, 2012 WEAK SUPPLY BOOSTS OIL PRICES; GOLD, SILVER PRICES STEADY A weekly government report showing a surprising decline in oil inventories sent the price of crude oil futures upward. Prices reached as high as $106.91 on the New York Mercantile Exchange. The Energy Informati... [more] Mid-Day Gold & Silver Market Report 3/21/2012 by Brandi Brundidge March 21, 2012 GOLD MERITS POSITIVE OUTLOOK; SURVEY SHOWS U.S. CONFIDENCE The Gold price is slowly moving higher today. The precious metal received a positive outlook from the Australian Bureau of Resources and Energy Economics. The bureau said today that Gold prices will average 16 percent higher ... [more] Morning Gold & Silver Market Report – 3/21/2012 by Ryan Schwimmer March 21, 2012 GOLD STEADY; BERNANKE GIVES ADVICE TO EUROPE Gold is relatively steady this morning, while silver is up about one percent. The euro is looking stronger against the dollar, but the slump in gold demand due to the strike of Indian jewelers seems to be limiting gold’s push higher for the moment.... [more] Closing Gold & Silver Market Report – 3/20/2012 by Timothy Oakes March 20, 2012 U.S. EXEMPTS JAPAN, 10 EU NATIONS FROM IRAN OIL SANCTIONS Precious metals prices have continued to fall in afternoon trading on tempered housing optimism and rising dollar hint at economic recovery. Saxo Bank senior manager Ole Hansen said, “It’s very much intraday movements related to... [more] Mid-Day Gold & Silver Market Report 3/20/2012 by Brandi Brundidge March 20, 2012 OIL PRICES DROP; GOLD JEWELERS CONTINUE STRIKE IN INDIA Precious metals prices remained down following this morning’s trend. Gold’s price has been affected by a stronger U.S. dollar and lower oil prices. Oil prices have dropped from a three-week high, with U.S. crude supply increasin... [more] Morning Gold & Silver Market Report – 3/20/2012 by Ryan Schwimmer March 20, 2012 COULD OIL PRICE HIKES PAVE WAY FOR GOLD TO FOLLOW? U.S. stock futures and commodities (including precious metals) across the board are trading lower this morning. Peter Cardillo of Rockwell Global Capital said, “I think it’s just a normal pullback on weaker commodity prices due after a... [more] Closing Gold & Silver Market Report – 3/19/2012 by Craig C. Calvin March 19, 2012 GOLD ENTICING BARGAIN HUNTERS; STOCKS’ EARNINGS SEASON LOOKING FLAT The Gold price has remained steady since the posting of the Mid-Day Gold & Silver Market Report, with the price for the precious metal ending today’s session in positive territory. Rohit Savant, an analyst with CPM... [more] Mid-Day Gold & Silver Market Report 3/19/2012 by Brandi Brundidge March 19, 2012 CENTRAL BANKS BUYING GOLD WHILE PRICES ARE LOW Precious metals prices have moved little through this morning. In the past few weeks, Gold has been experiencing a positive correlation to Treasury prices, which means Gold likely will follow the trend of U.S. bond prices. According to t... [more] Morning Gold & Silver Market Report – 3/19/2012 by Peter LaTona March 19, 2012 MARKETS OFF TO SLOW START; SILVER SLIGHTLY DOWN U.S. stock futures are heading lower this morning, as precious metals prices remain steady. Investors have experienced some strong gains in the past several weeks, and it could be they need to take a breather. Bill Gross, chief executive... [more] Month List 2013 May (43) 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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