APMEX Market Commentary Archive July 2012

REGISTER TO WIN a 1oz Gold Eagle!

News and Commentaries Morning Gold & Silver Market Report, 7/18/2012 by Ryan Schwimmer July 18, 2012 GOLD LOWER AS FIRM REPORTS ‘STRONG POSSIBILITY’ OF EASING Precious Metals prices were down this morning, with Gold and Silver prices hovering around 1 percent lower. Markets are still reacting to Tuesday’s testimony to the United States Senate Banking Committee by Federal Reserve Chairman Ben Berna... [more] Closing Gold & Silver Market Report, 7/17/2012 by Robert Davis July 17, 2012 FED CHIEF HINTS AT QE3, REMAINS UNCOMMITTED In testimony before members of Congress today, Federal Reserve Chairman Ben Bernanke said the central bank is prepared to act to support the economy, but he remained uncommitted to any specific actions. However, Bernanke was much more n... [more] Morning Gold & Silver Market Report, 7/17/2012 by Timothy Oakes July 17, 2012 CONGRESS TO HEAR FED CHAIRMAN; GOLD PRICE MOVING Precious Metals prices were fluctuating this morning ahead of Federal Reserve Chairman Ben Bernanke’s scheduled testimony before Congress this afternoon. Any further monetary easing would be a boon to Gold prices. Analyst Daniel Brebner ... [more] Closing Gold & Silver Market Report, 7/16/2012 by Brandi Brundidge July 16, 2012 GERMAN RULING COULD DELAY EUROPEAN FISCAL PACT BY 8 WEEKS Precious Metals prices have remained stagnant during the day. There is much speculation on what will affect the Gold price and when it may happen. Jeffrey Sica at SICA Wealth shared his view on the possibility that Federal Res... [more] Morning Gold & Silver Market Report, 7/16/2012 by Peter LaTona July 16, 2012 GOLD PRICE PAUSES, AWAITS FED CHAIRMAN’S TESTIMONY Federal Reserve Chairman Ben Bernanke is scheduled to give his semi annual testimony before a Senate panel Tuesday and the House Financial Services Committee on Wednesday. Although investors will be keeping a close watch for any mentio... [more] Closing Gold & Silver Market Report, 7/13/2012 by Peter LaTona July 13, 2012 MERRILL LYNCH PREDICTS $2,000 GOLD BY YEAR’S END The Gold price rose sharply today in conjunction with a buoyant equity market. So, what is next? Federal Reserve Chairman Ben Bernanke is expected to speak next week, and a great deal of speculation exists on whether he will drop hints... [more] Mid-Day Gold & Silver Market Report, 7/13/2012 by Brandi Brundidge July 13, 2012 GOLD ON SAME LEVEL AS CASH, ANALYST SAYS Market analyst Ronald Stoeferle at Erste Group recently released a comprehensive report on Gold’s value and a forecast. Stoeferle suggests that the fourth quarter of 2012 could be extremely positive for the yellow metal; he predicts the pr... [more] Morning Gold & Silver Market Report, 7/13/2012 by Ryan Schwimmer July 13, 2012 GOLD REBOUNDS; EURO STRENGTHENS DESPITE DOWNGRADE FOR ITALY Precious Metals prices were rebounding from recent losses this morning, as is the American stock market. Gold, in particular, has rebounded enough this morning to make up for this week’s losses. As has been the case recently, ... [more] Closing Gold & Silver Market Report, 7/12/2012 by Robert Davis July 12, 2012 STRONG DOLLAR WEIGHS ON PRECIOUS METALS An appreciating American dollar has been good for those with cash savings, but it has pushed down other investments lately. Today was no exception. Gold ended the day slightly down after recovering early losses. Stocks dropped for the sixth... [more] Morning Gold & Silver Market Report, 7/12/2012 by Ryan Schwimmer July 12, 2012 GOOD JOBLESS REPORT NOT ENOUGH TO OVERCOME FED DISAPPOINTMENT The disappointment from the minutes of the recent Federal Open Market Committee meeting is overshadowing fresh economic news this morning, sending stock futures and Gold down. Weekly jobless claims are at their lowest level ... [more] Month List 2013 May (50) 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.