APMEX Market Commentary Archive November 2012

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News and Commentaries Mid-Day Gold & Silver Market Report – 11/27/2012 by Brandi Brundidge November 27, 2012 U.S. CONSUMER CONFIDENCE LEVELS LIFTED Precious Metals prices remain stable through the morning after the announcement that Greece is set to receive a bailout of close to 44 billion euros. HSBC analysts suggested that Gold’s price may be affected by the decision as the euro moves against the U.S... [more] Morning Gold & Silver Market Report – 11/27/2012 by Ryan Schwimmer November 27, 2012 DEBT DEAL REACHED FOR GREECE Gold and Silver prices are basically flat this morning amid news that the eurozone and the International Monetary Fund have reached a debt deal for Greece. The country’s debt level will be lowered to a more sustainable level, and ultimately, this deal will lead to the n... [more] Closing Gold & Silver Market Report – 11/26/2012 by Brandi Brundidge November 26, 2012 LITTLE MOVEMENT FOR GOLD TODAY; POSITIVE OUTLOOK FOR EUROZONE CRISIS Gold remains flat for the day, and other equities and commodities are down as investors focus on Europe’s financial crisis and the concern that Greece will need a second bailout. “Most of the activity came from CTAs (Commodity T... [more] Mid-Day Gold & Silver Market Report – 11/26/2012 by Ted Prince November 26, 2012 GOLD REMAINS STEADY AS STOCKS DESCEND Gold continues to hover around $1,750 today after ending last Friday its highest point since mid-October. Analysts continue to cite European debt struggles and the upcoming fiscal cliff as the main movers of the U.S. dollar and the Gold price. “Gold has now fou... [more] Morning Gold & Silver Market Report – 11/26/2012 by Geoffrey Varner November 26, 2012 CYBER MONDAY vs. GREECE AND THE FISCAL CLIFF U.S. stock futures look to start lower today. Negotiations will continue today between the President Obama and top congressional leaders as they try to come to terms on upcoming tax increases and spending cuts, otherwise know as the Fiscal Cliff. Greece ... [more] Weekly Gold & Silver Market Recap – 11/21/2012 by Nicholas Wilsey November 21, 2012 GOLD HOLDS STEADY IN AN ABBREVIATED WEEK With Thanksgiving on Thursday, this was a short week for the Precious Metals market in the United States. The attention is still focused squarely on the fiscal cliff and the U.S. lawmaker’s ability to avoid it. Congressional leaders and President Barack Obam... [more] Mid-Day Gold & Silver Market Report – 11/21/2012 by Ted Prince November 21, 2012 GOLD, STOCKS UP SLIGHTLY AS MIDDLE EAST, DOMESTIC NEWS WEIGH ON MARKETS Gold continues to float in the $1,720 - $1,730 range as we approach the holiday weekend. Though failure to reach a lending agreement in Greece was disappointing for investors who will need to wait until next week for further ne... [more] Morning Gold & Silver Market Report – 11/21/2012 by Ryan Schwimmer November 21, 2012 GREECE DENIED AID ONCE AGAIN; GOLD DEMAND STRONG Gold and Silver are trading higher this morning, as many traders may “want to be risk-off ahead of the long weekend – certainly there will be no expectation of fresh news about averting the fiscal cliff, but Europe will remain a concern and there’s t... [more] Closing Gold & Silver Market Report – 11/20/2012 by Nicholas Wilsey November 20, 2012 GOLD DOWN ON RESERVE REPORT; EUROPE LOOKS TO CUT DEBT After Federal Reserve Chairman Ben Bernanke spoke today, the Gold price stuck to its trend of reacting to his speech. This time around, the movement was downward. The main speaking points regarded the fiscal cliff and the debt ceiling. With noth... [more] Mid-Day Gold & Silver Market Report – 11/20/2012 by Brandi Brundidge November 20, 2012 GOLD DROPS SLIGHTLY; BEN BERNANKE TO ADDRESS CONGRESS TODAY Gold's gains from yesterday are slowly being wiped away as today’s report of improved U.S. housing data pushed the dollar up. The value of Gold is likely to be determined by how the fiscal cliff and the eurozone financial crisis are both... [more] Month List 2013 May (40) 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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