APMEX Market Commentary Archive December 2012

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News and Commentaries Morning Gold & Silver Market Report – 12/20/2012 by Nicholas Wilsey December 20, 2012 GOLD STARTS DAY DOWN; CLIFF DEAL IN DOUBT Precious Metals prices are falling this morning. While the end of the year seems to be ending quietly, the long term outlook for Gold is still positive. “As an investor taking the long view, Gold remains an attractive asset class to be in, but some patience... [more] Closing Gold & Silver Market Report – 12/19/2012 by Ted Prince December 19, 2012 FISCAL CLIFF TALKS CONTINUE TO DOMINATE MARKET MOVEMENTS Yesterday saw Gold plummet to its lowest level in 3 ½ months but the metal is relatively flat today. The back-and-forth sentiment regarding fiscal cliff aversion leaned negatively today after Tuesday saw positive reports, which prompted a maj... [more] Mid-Day Gold & Silver Market Report – 12/19/2012 by Nicholas Wilsey December 19, 2012 ENDING THE GOLDEN CLIMB; FISCAL CLIFF TALKS CONTINUE This has been the 12th straight year of a rise in Gold price. However, in the last quarter of 2012, the Precious Metals market has seen a slowdown that has investors wondering if next year can continue the historic rise. “The environment for Gold... [more] Morning Gold & Silver Market Report – 12/19/2012 by Ryan Schwimmer December 19, 2012 INVESTORS BETTING ON FISCAL CLIFF DEAL Gold and Silver are both trading lower this morning after the release of relatively encouraging housing data. Stock futures are gaining, and it seems that many investors are betting that Congress and the White House can come to an agreement on the impending fi... [more] Closing Gold & Silver Market Report – 12/18/2012 by Brandi Brundidge December 18, 2012 GOLD DROPS 2 PERCENT; MARKET HOPEFUL FOR FISCAL CLIFF RESOLUTION Gold tumbled today as investors began to sell off their Precious Metals. It appears that politicians are close to reaching a deal to avoid the fiscal cliff at the end of the month. “If Gold is not able to defend those key supports, o... [more] Mid-Day Gold & Silver Market Report – 12/18/2012 by Ted Prince December 18, 2012 GOLD DOWN ON FISCAL CLIFF CONFIDENCE After trading flat all morning, Gold has fallen more than $20 an ounce at mid-day. Today’s dip comes as investors eye positive developments in fiscal cliff negotiations. Julian Phillips, founder of GoldForecaster.com, believes the sudden optimism over discussion... [more] Morning Gold & Silver Market Report – 12/18/2012 by Ryan Schwimmer December 18, 2012 PROS BUY GOLD AS FISCAL CLIFF DEAL NEARS Gold has remained mostly flat and Silver is gaining this morning as more strides are being made toward a fiscal cliff deal. President Barack Obama and House Speaker John Boehner have reportedly come close to a potential agreement to avoid what the Cong... [more] Closing Gold & Silver Market Report – 12/17/2012 by Craig C. Calvin December 17, 2012 GOLD RISES ON FED SURVEY RESULTS; FISCAL CLIFF DEAL WON’T GUARANTEE GROWTH Responding to a Federal Reserve Bank of New York survey that indicated regional manufacturing business had worsened in December, the Gold price rose slightly in afternoon trading to end the day just under $1,700. Darin News... [more] Mid-Day Gold & Silver Market Report – 12/17/2012 by Brandi Brundidge December 17, 2012 COUNTDOWN TO FISCAL CLIFF; PRESIDENT, BOEHNER IN TALKS Gold is slightly down this morning after lower-than-expected data in a New York Federal Reserve survey which reflected manufacturers in the district experienced less business. “We're seeing a knee-jerk reaction to the factory data,” Matt Zema... [more] Morning Gold & Silver Market Report – 12/17/2012 by Ryan Schwimmer December 17, 2012 INVESTORS BELIEVE FISCAL CLIFF DEAL COMING SOON Gold and Silver have recovered from early morning losses. Tom Kendall, head of Precious Metals research at Credit Suisse, said, “This (move in Gold) is primarily technical, a continuing ease-back after the (Federal Open Market Committee) announcement ... [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.