APMEX Market Commentary Archive March 2012

REGISTER TO WIN a 1oz Gold Eagle!

News and Commentaries Closing Gold & Silver Market Report – 3/16/2012 by Timothy Oakes March 16, 2012 PRECIOUS METALS PRICES REMAIN STEADY; OIL CONCERNS RISE Precious metals prices remained relatively steady in afternoon trading. Technical selling to balance portfolios after a week of rising oil prices, the dollar’s decline in value and better than expected consumer prices pushed investors towards ... [more] Mid-Day Gold & Silver Market Report – 3/16/2012 by Timothy Oakes March 16, 2012 INDIA PLANS GOLD TAX HIKE; OIL PRICES RESUME CLIMB The Gold price was still down at midday trading on a one-two punch of increased duties on bullion in India and continued upbeat U.S. economic data. India’s Finance Minister Pranab Mukherjee unveiled India’s 2012-13 budget today, which ... [more] Morning Gold & Silver Market Report – 3/16/2012 by Ryan Schwimmer March 16, 2012 CONSUMER PRICES FLAT; SYRIAN BLOODSHED CONTINUES; N. KOREA PLANS ROCKET LAUNCH Precious metals prices moved lower in overnight trading, and remained so after the latest consumer price index (CPI) report was released. Forecasters expected the CPI would rise about 0.5 percent, and the nu... [more] Closing Gold & Silver Market Report – 3/15/2012 by Craig C. Calvin March 15, 2012 BARGAIN HUNTING LIFTS GOLD PRICE; OIL RELEASE REPORT ‘INACCURATE’ The Gold price has continued to climb since the Mid-Day Gold & Silver Market Report. Prices have trended downward this week as investors sold off Gold in response to Federal Reserve meeting Tuesday. However, th... [more] Mid-Day Gold & Silver Market Report – 3/15/2012 by Timothy Oakes March 15, 2012 GOLD PRICE HOLDS STEADY; U.S., U.K. TO RELEASE OIL Gold has continued to hold onto modest opening gains, as the drop from previous sessions is attracting bargain hunters. The metal may be vulnerable to more selling, if easing expectations continue to fade and the dollar continues to st... [more] Morning Gold & Silver Market Report – 3/15/2012 by Ryan Schwimmer March 15, 2012 U.S. JOBLESS CLAIMS DIP; EU TAXPAYERS TAKE HIT U.S. stock futures rose after the weekly report on jobless claims was released. Although last week’s claims number was revised slightly upward, the drop this week of 14,000 matches a four-year low. Also, core wholesale prices in the U.S. c... [more] Closing Gold & Silver Market Report – 3/14/2012 by Craig C. Calvin March 14, 2012 PLATINUM MAINTAINS LEAD OVER GOLD; TREASURIES FORETELL HIGHER RATES? Since the Mid-Day Gold & Silver Market Report, prices for the four precious metals have continued to decline, with Gold in particular ending the day down more than $50. The dollar continued to gain strength today as it reacted... [more] Mid-Day Gold & Silver Market Report – 3/14/2012 by Timothy Oakes March 14, 2012 PRECIOUS METALS TUMBLE; ECONOMY IMPROVING? Precious metals prices have reacted to Tuesday’s meeting of the Federal Open Market Committee (FOMC). Late Tuesday afternoon, prices began to drop. Prices leveled a bit this morning but have started falling over the course of this morning. Saxo Bank’s Ole... [more] Morning Gold & Silver Market Report – 3/14/2012 by Peter LaTona March 14, 2012 GOLD, SILVER DIP ON ECONOMIC OPTIMISM Gold and Silver prices were plunging as a result of new optimism for the economic recovery in the U.S. and around the world. Tuesday, Federal Reserve Chairman Ben Bernanke diminished the likelihood of QE3. Bernanke continued his position that the e... [more] Closing Gold & Silver Market Report – 3/13/2012 by Craig C. Calvin March 13, 2012 GOLD DROPS BELOW $1,700 PER OUNCE; NO QE3 SIGNS FROM FED After today’s Federal Reserve meeting today came and went without any hints of future quantitative easing, the price of Gold declined significantly in afternoon trading, ending the day below $1,700 per ounce. Gold historically mo... [more] Month List 2013 May (52) 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.