APMEX Market Commentary Archive July 2012

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News and Commentaries Morning Gold & Silver Market Report, 7/25/2012 by Ryan Schwimmer July 25, 2012 GOLD BOUNCES BACK ALONG WITH EURO Gold is recovering from recent losses along with the euro this morning. A policymaker from the European Central Bank hinted that Europe’s rescue fund could get a banking license, allowing easy access to cheap funding from the ECB. While just a small me... [more] Closing Gold & Silver Market Report, 07/24/2012 by Robert Davis July 24, 2012 AMERICAN STOCKS SINK ON EUROPEAN FEARS American stocks closed the day with a third straight loss of 100 points or more in the Dow Jones Industrial Average. Fears of European problems drove markets after Moody’s lowered the outlook on German and Dutch debt this morning. Germany, the str... [more] Morning Gold & Silver Market Report, 7/24/2012 by Timothy Oakes July 24, 2012 CREDIT OUTLOOK DIMS FOR GERMANY; U.S. FISCAL CLIFF LOOMS Precious Metals continue to hold firm in the serious headwinds affecting other commodities markets. Gold in particular has been relatively range bound, but in the current market conditions that’s not an entirely bad thing. Analys... [more] Closing Gold & Silver Market Report, 7/23/2012 by Timothy Oakes July 23, 2012 PRECIOUS METALS VOLATILE ON EUROZONE WOES Precious Metals remained volatile throughout the day’s market activity, primarily due to the rehash of the eurozone debt crisis afflicting Spain and Greece. The International Monetary Fund has stepped up efforts to get Greece back on track with... [more] Morning Gold & Silver Market Report, 7/23/2012 by Ryan Schwimmer July 23, 2012 EURO TANKS AS SPANISH, GREEK ISSUES RESURFACE Renewed worries of a deepening eurozone debt crisis have sent the euro to a two year low against the American dollar, and Precious Metals are following the former downward. Jeremy Stretch of CIBC said, “What began as a Spanish banking bailo... [more] Morning Gold & Silver Market Report, 7/20/2012 by Timothy Oakes July 20, 2012 INVESTORS’ CAUTION WEAKENS DEMAND FOR GOLD Precious Metals prices have deflated since Federal Reserve Chairman Ben Bernanke’s testimony earlier this week, but metals remain poised for the first overall weekly increase in about a month. Physical demand for Gold is still depressed by Ind... [more] Closing Gold & Silver Market Report, 7/19/2012 by Robert Davis July 19, 2012 AMERICAN ECONOMY POISED FOR WEAK SECOND HALF OF 2012 It’s tough to find good news about the economy these days. Many economists say the American economy is poised for an anemic second half of the year. “We’ll have very slow growth,” said Joshua Shapiro, chief U.S. economist at Maria Fi... [more] Mid-Day Gold & Silver Market Report, 7/19/2012 by Brandi Brundidge July 19, 2012 GOLD, SPAIN FIND POSITIVE SUPPORT; HOUSING SALES DROP The Gold price found some support and began to rise after yesterday’s testimony from Federal Reserve Chairman Ben Bernanke that further stimulus to boost the economy has been pushed to the side for now and possibly until after the 2... [more] Morning Gold & Silver Market Report, 7/19/2012 by Ryan Schwimmer July 19, 2012 METALS FOLLOW EURO TO REBOUND; FED TIME LINE ‘TIGHT’ Precious Metals prices are on the upswing this morning, following the euro. The common European currency is rebounding on news that the European Union bailout fund will be able to support troubled Spain by buying Spanish bonds.... [more] Closing Gold & Silver Market Report, 7/18/2012 by Timothy Oakes July 18, 2012 FED CHIEF SLAMS BILL; EURO FALLS, TAKING GOLD WITH IT Precious Metals continue to respond to a falling euro and the conclusion of Federal Reserve Chairman Ben Bernanke’s testimony before Congress today. With no firm plan for quantitative easing established, a number of investors are sc... [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. 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