APMEX Market Commentary Archive December 2012

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News and Commentaries Closing Gold & Silver Market Report – 12/20/2012 by Ted Prince December 26, 2012 PRECIOUS METALS HOLD FIRM, STOCKS FALL AS BUDGET DEADLINE APPROACHES Precious Metals prices are up slightly today following a small dip in the U.S. dollar. Anthem Blanchard of Blanchard Vault noted, “You’re seeing Gold follow weakness in the dollar mostly, and [the market] feeling a little bit of t... [more] Mid-Day Gold & Silver Market Report – 12/26/2012 by Nicholas Wilsey December 26, 2012 GOLD RELATIVELY FLAT AFTER HOLIDAY; FISCAL CLIFF FEARS ABOUND The Gold market has been rather quiet so far today. There seems to be a post holiday lull in the United States, and in the United Kingdom the markets are off today as well. Gold has seen a small rise in value today thanks to the news out... [more] Morning Gold & Silver Market Report – 12/26/2012 by Geoffrey Varner December 26, 2012 RETAIL SALES LOW; FISCAL CLIFF DEADLINE APPROACHES President Obama cut his Hawaii vacation short to return to Washington to deal with the unfinished fiscal cliff negotiations. There is a Jan. 1 deadline, after which, if not met, most Americans will feel a sharp rise in taxes. Both parties are eager... [more] Mid-Day Gold & Silver Market Report – 12/24/2012 by Ted Prince December 24, 2012 GOLD FLAT ON THIN TRADING; FISCAL CLIFF SEEMS MORE LIKELY Gold remains relatively stable today following Friday’s one percent boost on short covering and buy-ins at what were perceived to be discount prices. As expected, a thin trading session the day before Christmas has kept prices stable. Gold i... [more] Morning Gold & Silver Market Report – 12/24/2012 by Ryan Schwimmer December 24, 2012 GOLD FLAT, STOCKS DOWN AS FISCAL CLIFF DOMINATES Gold and Silver prices are mostly flat this morning, as fiscal cliff fears continue to dominate the headlines. Peter Fertig of Quantitative Commodity Research said, “The weaker dollar and steady stock markets are giving support to Gold. My view is th... [more] Weekly Gold and Silver Market Recap – 12/21/2012 by Nicholas Wilsey December 21, 2012 Gold drops with fiscal cliff news The Gold market has seen better weeks this year. The indecisiveness of the United States Congress over the impending fiscal cliff has taken the Precious Metals market on a ride. As of mid-day Tuesday, Gold had fallen more than $20 an ounce as investors eyed positiv... [more] Mid-Day Gold & Silver Market Report – 12/21/2012 by Brandi Brundidge December 21, 2012 GOLD IS ON THE MOVE; AMERICANS FEELING MORE CONFIDENT IN ECONOMY Gold neared a four-month low today as the fiscal cliff remains unresolved. Precious Metals prices fell yesterday when U.S. House Speaker John Boehner avoided backing President Barack Obama on fiscal cliff talks. “If there is a timely ... [more] Morning Gold & Silver Market Report – 12/21/2012 by Ryan Schwimmer December 21, 2012 GOLD STILL ON TRACK FOR ANOTHER ANNUAL GAIN Gold and Silver prices are slowly recovering from yesterday’s drop. This week looks to be the worst since June for Gold, though it is still on track for yet another annual gain. Brian Lan of GoldSilver Central in Singapore said, “At the moment, the U.S. b... [more] Closing Gold & Silver Market Report – 12/20/2012 by Brandi Brundidge December 20, 2012 METAL PRICES FALL; WILL POSITIVE U.S. ECONOMIC DATA END QE3? Precious Metals prices fell today as hedge funds were liquidated and the U.S. economy reflected more growth than forecasted. “There is a concern among the hedge funds that they will have more redemptions because of the fact that they un... [more] Mid-Day Gold & Silver Market Report – 12/20/2012 by Ted Prince December 20, 2012 GOLD CONTINUES LARGE DROP ON POSITIVE ECONOMIC DATA Gold and Silver prices have tumbled again today, dropping both metals below their projected support levels on better-than-expected GDP growth numbers. Year-end sell-offs prompted by optimistic economic data have resulted in the largest quarterly d... [more] Month List 2013 May (55) 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.