APMEX Market Commentary Archive May 2012

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News and Commentaries Morning Gold & Silver Market Report – 5/17/2012 by Ryan Schwimmer May 17, 2012 METALS REBOUND; ECB SENDS MESSAGE TO GREECE Precious Metals prices are rebounding this morning, even as American stock futures are recouping losses following the jobless claims report. The report showed that claims held steady with last week’s revised figure of 370,000 new claims filed... [more] Closing Gold & Silver Market Report – 5/16/2012 by Timothy Oakes May 16, 2012 FED REMAINS OPEN TO EASING; GREEK BANKING COLLAPSE POSSIBLE Precious Metals prices are down on technical selling, and stock markets also are down, as fears of a Greek exit from the euro increase. Those fears are so pronounced that in certain circles it has been given the moniker “Grexi... [more] Morning Gold & Silver Market Report – 5/16/2012 by Ryan Schwimmer May 16, 2012 GOLD PRICE AWAITS FED ACTION; GOLDMAN SACHS PREDICTS RISE Precious Metals have extended their price decline this morning, and Bill Greiner of Mariner Wealth Advisors said that it has much to do with the Federal Reserve. “It’s highly possible that we’ll see Gold and commodities in general cont... [more] Closing Gold & Silver Market Report – 5/15/2012 by Robert Davis May 15, 2012 EURO TUMBLES AS GREEKS WILL HEAD BACK TO POLLS After weeks of infighting and deadlock among Greek politicians, party leaders declared their inability to form a unified government. The nation will return to the voting booth to reshuffle the deck again in an election that will essentiall... [more] Morning Gold & Silver Market Report – 5/15/2012 by Timothy Oakes May 15, 2012 EUROZONE FEARS PERMEATE PRECIOUS METALS MARKET Precious Metals prices remained relatively steady in overnight trading. Physical demand and better-than-expected German economic data helped maintain prices overnight, but concerns continue over Greece’s role and whether it will stay in th... [more] Closing Gold & Silver Market Report 5/14/2012 by Brandi Brundidge May 14, 2012 POLITICAL TURMOIL IN GREECE SUGGESTS POSSIBLE EURO EXIT Gold has erased all of its gains earned in 2012, thanks to the current financial situation in Europe. The eurozone’s economic and political crises haves been affecting global markets during the past week. “Worries about Europe are pushi... [more] Morning Gold & Silver Market Report – 5/14/2012 by Peter LaTona May 14, 2012 GOLD DROPS TO 4.5-MONTH LOW ON FALLING EURO The European debt crisis continues to cause more and more concern, especially after the political deadlock in Greece over the weekend. Gold prices have been moving in tandem with riskier assets for much of the past year, and this European e... [more] Closing Gold & Silver Market Report – 5/11/2012 by Peter LaTona May 11, 2012 GOLD, SILVER PRICES FALL INTO WEEKEND Uncertainty. We are in the middle of one story after another that makes an investor wonder which side is up. JPMorgan reported $2.2 billion in losses. Chesapeake Energy continues to get hammered after questionable acts by its chief executive. No wo... [more] Mid-Day Gold & Silver Market Report - 5/11/2012 by Brandi Brundidge May 11, 2012 GOOD NEWS FOR GOLD; PIMCO CALLS FOR QE3 Good news for Gold prices surfaced when a survey conducted by Bloomberg showed that 14 of 32 analysts anticipate prices to gain next week. The Gold price is currently being affected by the political uproar in Europe, which is pushing the euro d... [more] Morning Gold & Silver Market Report – 5/11/2012 by Timothy Oakes May 11, 2012 JPMORGAN LOSS ROCKS FINANCIAL MARKETS Precious Metals prices were down in morning trading, largely on technical selling to cover positions, as financial stocks are reeling over the reported loss by JPMorgan. Speaking about Gold, Phillip Futures analyst Lynette Tan said, “The incr... [more] Month List 2013 May (46) 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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