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News and Commentaries

Closing Gold & Silver Market Report, 6/29/2012

by Ryan Schwimmer June 29, 2012
GOLD RALLIES TO END QUARTER   Much like American stocks, Gold rallied strongly today, though it wasn’t enough to claim a victory on the quarter. The move upward in Gold is thanks to Europe’s plan to curb its debt crisis and expectations that it could be inflationary. Historically, any ty... [more]

Mid-Day Gold & Silver Market Report, 6/29/2012

by Brandi Brundidge June 29, 2012
COMMODITY PRICES JUMP WITH EUROZONE ANNOUNCEMENT    Precious Metals prices were on the rise following losses Thursday. Precious Metals prices have been following the global economic situation and the movement of the American dollar. There is speculation that Silver is undervalued ... [more]

Morning Gold & Silver Market Report, 6/29/2012

by Timothy Oakes June 29, 2012
EUROPEAN UNION SHOCKER SENDS PRECIOUS METALS HIGHER   Precious Metals prices moved noticeably higher in early morning trading as the dollar weakened against the euro on news of a European plan to lower eurozone member nations’ borrowing costs. Economist Vishnu Varathan said, “It still fa... [more]

Closing Gold & Silver Market Report, 06/28/2012

by Robert Davis June 28, 2012
OIL, OTHER COMMODITIES SLIDE ON EUROPEAN FEARS   Most commodities, including Precious Metals and oil, ended the day with lower prices. Prices were pushed down by a stronger American dollar and fears of a continued lack of resolution to the eurozone crisis. Oil ended the day at the lowest... [more]

Morning Gold & Silver Market Report, 6/28/2012

by Timothy Oakes June 28, 2012
CONCERNS MOUNT AHEAD OF EUROPEAN SUMMIT; DOLLAR RISING   Precious Metals prices were weathering the blows of investors concerns over the eurozone debt crisis. Concerns ahead of the European Union summit have influenced investors and world markets. The Indian rupee continues to struggle, ... [more]

Closing Gold & Silver Market Report – 6/27/2012

by Ryan Schwimmer June 27, 2012
ANALYSTS SAY FURTHER EASING IN EUROZONE NECESSARY Better than expected economic data boosted American stocks while Gold remained flat during trading today. As Matthew Kaufler of Federated Clover Advisors explains, “The housing data came in better than expected and we got good news on durable goods ... [more]

Morning Gold & Silver Market Report – 6/27/2012

by Ryan Schwimmer June 27, 2012
EURO LEADERS ‘UNUSUALLY DIVIDED’ BEFORE SUMMIT Precious Metals are trading lower this morning, thanks to investors moving to the sidelines ahead of the European Union summit, which starts tomorrow. Michael Turner of RBC Capital Markets said, “This could be a reasonably long holding pattern until th... [more]

Closing Gold & Silver Market Report, 06/26/2012

by Robert Davis June 26, 2012
INVESTORS SEEK SAFE HAVEN AS UNCERTAINTY REIGNS   Stocks rose slightly today, as economic data and headlines cast a glimmer of hope onto trading floors. Home prices rose slightly, according to the Case-Schiller index that measures home values in 20 major cities across the United States. ... [more]

Morning Gold & Silver Market Report, 6/26/2012

by Timothy Oakes June 26, 2012
EUROZONE WORRIES MOUNT; PRECIOUS METALS ON THE MOVE   Precious Metals prices have been fairly volatile on eurozone debt fears and the escalation of violence and rhetoric involving Syria. Analyst Robin Bhar said, “Gold is capped on the upside by disappointment post-Fed, while on the downs... [more]

Closing Gold & Silver Market Report, 6/25/2012

by Brandi Brundidge June 25, 2012
GOLD MOVING HIGHER, BUT GASOLINE PRICES INCHING DOWN   The price of Gold has moved higher as the safe haven appeal of the yellow metal returns on continued weariness over the eurozone debt crisis. Cyprus has become the fifth eurozone country to ask for assistance from Europe. The Cypriot... [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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