APMEX Market Commentary Archive November 2012

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News and Commentaries Closing Gold & Silver Market Report – 11/14/2012 by Ted Prince November 14, 2012 MARKETS DOWN ON DOMESTIC, GLOBAL CONCERNS The Dow Jones Industrial Average and S&P 500 continue their downward slide as concerns over the impending “fiscal cliff” punish the stock market. “The fiscal cliff jars the economy at a time when it does not need to be disturbed too much, it's the last ... [more] Mid-Day Gold & Silver Market Report – 11/14/2012 by Nicholas Wilsey November 14, 2012 GOLD MOVES UP; EUROPE GRINDS TO A HALT Gold prices are moving up at the halfway point of the week. The main release today is the minutes from the recent U.S. Federal Reserve meeting. Most experts believe there will be no groundbreaking information from the meeting, just more of the same actions. T... [more] Special Report: Fiscal Cliff is Only 1 of “4 Horsemen of the Economic Apocalypse” for 2013 by Michael Haynes November 14, 2012 The “Fiscal Cliff” is approaching on December 31, 2012, and by many reports, the issues may stretch into 2013 for months. However, according to an article published online by MarketWatch.com, a part of the Wall Street Journal Digital Network, the Fiscal Cliff is only 1 of the 4 Horsemen of the Econo... [more] Morning Gold & Silver Market Report – 11/14/2012 by Ryan Schwimmer November 14, 2012 GOLD PULLED ON BOTH SIDES; EUROZONE DISAPPOINTS AGAIN U.S. stock futures are trading higher this morning, while the Gold price is relatively flat again. The yellow metal’s price continues to be pulled in different directions due to the looming fiscal cliff dilemma. On one hand, investors see Gold a... [more] Closing Gold & Silver Market Report – 11/13/2012 by Nicholas Wilsey November 13, 2012 GOLD SEES BOOST; U.S. CONGRESS BACK IN SESSION While the stock market has been falling in fear of the fiscal cliff looming over the United States economy, Gold has moved in a more positive direction, seeing more than a three percent boost over the past week. “I think many people feel that the can w... [more] Mid-Day Gold & Silver Market Report – 11/13/2012 by Brandi Brundidge November 13, 2012 PLATINUM PRICES JUMP WITH PRODUCTION DEFICIT ANNOUNCEMENT Platinum and Palladium prices are on the rise following a shocking announcement made by Johnson Matthey. Its ‘Platinum 2012, Interim Review’ reveals that global Platinum production is estimated to fall 10 percent for the year, which sets t... [more] Morning Gold & Silver Market Report – 11/13/2012 by Ryan Schwimmer November 13, 2012 FISCAL CLIFF SCENARIO IS “A DISASTER” Gold and Silver are mostly flat this morning as U.S. stock futures fell. Eurozone leaders did not approve the release of another round of aid to Greece, and the fiscal cliff still looms over the economic horizon in the U.S. at the end of the year. Economists ha... [more] Closing Gold & Silver Market Report – 11/12/2012 by Brandi Brundidge November 12, 2012 FISCAL CLIFF COULD FINALLY PUSH GOLD OVER $1,800 The Precious Metals market is experiencing little movement today due to the holiday. Analysts foresee Gold being supported at the $1,800 level with the fiscal cliff approaching in the next two months. “There is potential for further upside in Gold pr... [more] Mid-Day Gold & Silver Market Report – 11/12/2012 by Ted Prince November 12, 2012 GOLD TRADING TIGHTLY; STOCKS DOWN AGAIN ON GREEK UNCERTAINTY Gold has given up early gains today as the price continues to hover around $1,730 on news of considerable demand for the metal in India and reports of a drop in Japanese gross domestic product (GDP). Japan’s GDP fell 0.9 percent in the th... [more] Morning Gold & Silver Market Report – 11/12/2012 by Geoffrey Varner November 12, 2012 GREECE PASSES 2013 BUDGET; GOLD POISED FOR HIGH DEMAND U.S. stock futures are up this morning as markets were buoyed by both economic data out of China and news that Greece has passed a 2013 budget. Peter Cardillo, chief market economist at Rockwell Global Capital, said, “The news out of China (tra... [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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