APMEX Market Commentary Archive January 2013

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News and Commentaries Mid-Day Gold & Silver Market Report – 1/28/2013 by Ted Prince January 28, 2013 GOLD AND STOCKS RELATIVELY EVEN ON MIXED DATA Gold is trading flat today following three straight sessions of losses. A stronger dollar and mixed economic data have caused investors to temporarily back-off from the safe-haven appeal of Precious Metals. “There is some confusion in the minds of almos... [more] Morning Gold & Silver Market Report – 1/28/2013 by Geoffrey Varner January 28, 2013 U.S. DOLLAR SHOWING STRENGTH; GOLD HOVERING The dollar is regaining some ground against foreign currencies. Late Friday, the WSJ Dollar Index was up against the broad basket of six currencies and in overnight trading the ICE dollar index also showed gains. Crédit Agricole chief global forex strateg... [more] Weekly Gold & Silver Market Recap – 1/25/2013 by Nicholas Wilsey January 25, 2013 GOLD ENDS WEEK LOWER; OUTLOOK STILL POSITIVE On Tuesday the United States financial markets started a shorten week, and Gold prices hit the highest point since Dec. 17 of last year. Early in the day, news of Japan continuing its monetary easing, followed by two different reports from the U.S., gav... [more] Mid-Day Gold & Silver Market Report – 1/25/2013 by Geoffrey Varner January 25, 2013 CHINA SEES POTENTIAL IN SILVER; HOME SALES DIP The commerce department today said that home sales dropped 7.3 percent last month, a number below analysts forecasts. This number may be taken with a grain of salt because this government data is subject to revision. Case in point, November 2012’s numb... [more] Morning Gold & Silver Market Report – 1/25/2013 by Ryan Schwimmer January 25, 2013 GREED ENTERING THE MARKETPLACE? Gold and Silver prices are trading slightly lower this morning, and Henrik Drusebjerg of Nordea Bank believes we may be seeing a shift in investor viewpoints. He said, “I guess there’s a tendency to a different mood among investors that has been very dominated by fea... [more] Closing Gold & Silver Market Report – 1/24/2013 by Brandi Brundidge January 24, 2013 MORGAN STANLEY REMAINS BULLISH FOR GOLD; SPAIN’S CHALLENGING UNEMPLOYMENT RATE A strengthened U.S. dollar turned Gold’s price down today as the Jobless claims fell for the second straight week. However, Morgan Stanley is optimistic for the yellow metal with a bright forecast of $1,720 for 2013 and ... [more] Mid-Day Gold & Silver Market Report – 1/24/2013 by Ted Prince January 24, 2013 GOLD STILL SEEKING TO BREAK THROUGH $1,700 The Gold price has fallen again today as the metal continues to struggle to break through the $1,700 barrier. Following the temporary deferment of U.S. debt ceiling discussions and better-than-expected initial jobless data, Gold has pulled back further fro... [more] Morning Gold & Silver Market Report – 1/24/2013 by Geoffrey Varner January 24, 2013 GOLD DIPS - JOBLESS CLAIMS DOWN Analysts had expected an increase in jobless claims but the number of Americans filing for unemployment benefits fell to its lowest level since January 2008. This is the second straight week of falling claims. The unemployment rate held steady at 7.8 perc... [more] Closing Gold & Silver Market Report – 1/23/2013 by Ted Prince January 23, 2013 GOLD FALLS OFF MONTH HIGHS; DEBT CEILING SUSPENDED UNTIL MID-MAY Gold is down today following last session’s gains which had boosted the metal to its highest level in one month. Liberal fiscal policy in Japan and a weaker dollar, following disappointing economic data, were the major drivers in Gold... [more] Mid-Day Gold & Silver Market Report – 1/23/2013 by Nicholas Wilsey January 23, 2013 GOLD DEMAND HIGH; GLOBAL GROWTH FORECAST CUT Gold demand for this time of year is historically low. However, this year has started off with a higher than average demand for the yellow metal. “It was strong in November and that’s normally a usual seasonal pattern that we see coming through from Indi... [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. 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