APMEX Market Commentary Archive January 2013

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News and Commentaries Morning Gold & Silver Market Report – 1/23/2013 by Ryan Schwimmer January 23, 2013 VOTE EXPECTED TODAY ON DEBT CEILING The Gold price is relatively flat while the Silver price is on an upswing this morning. Many investors seem to be waiting on the results of a vote to temporarily increase the debt ceiling until a longer term resolution can be put in place. Regarding the long-term... [more] Closing Gold & Silver Market Report – 1/22/2013 by Nicholas Wilsey January 22, 2013 GOLD PRICE HITS A HIGH TODAY As the United States financial markets start a shorten week, Gold price hit its highest point since December 17 of last year. Early in the day, news of Japan continuing its’ monetary easing, followed by two different reports from the U.S., gave the market a boost. Exist... [more] Mid-Day Gold & Silver Market Report – 1/22/2013 by Brandi Brundidge January 22, 2013 U.S. DOLLAR DOWN AS YEN, EURO RECEIVE BOOST Gold prices rose after the Bank of Japan announced its new monetary easing strategy. “Bank of Japan move signals possible inflation down the road as well as continued return to Gold [in the] first weeks of the year by funds,” George Gero, Precious Metal... [more] Morning Gold & Silver Market Report – 1/22/2013 by Ryan Schwimmer January 22, 2013 BANK OF JAPAN TO EASE, SUPPORTING GOLD PRICE Gold and Silver prices are trading flat this morning, held down by a weak U.S. stock market. Helping the price of Gold, however, is the announcement by the Bank of Japan that further easing is on its way. GFMS analyst Rhona O’Connell said, “At the intern... [more] Weekly Gold & Silver Market Recap – 1/18/2013 by Nicholas Wilsey January 18, 2013 GOLD MOVES UP WITH ASSISTANCE, U.S. MINT SILVER SHORTAGE It is well know that the price of Gold can be affected by many sources, and this week was no different. Monday the price of Gold got a boost from economies around the globe. The Gold price rose overnight as the U.S. dollar lost ground against... [more] Mid-Day Gold & Silver Market Report – 1/18/2013 by Geoffrey Varner January 18, 2013 U.S MINT SELLS OUT OF SILVER AMERICAN EAGLES The United States Mint may not be a common conversation topic around the dinner table, but so far this month, the 6,007,000 ounces of Silver they have sold has been enough to suspend Silver sales. In essence, the Mint has sold out of Silver coins. We hav... [more] Morning Gold & Silver Market Report – 1/18/2013 by Ryan Schwimmer January 18, 2013 CHINA’S ECONOMY, U.S. MANUFACTURING KEEP METALS FLAT Gold and Silver are mostly flat this morning after economic data showed China’s economy grew 7.9 percent in the fourth quarter compared to last year, which was well above forecasts. The safe haven appeal of Gold received a boost after the Federal... [more] Closing Gold & Silver Market Report – 1/17/2013 by Brandi Brundidge January 17, 2013 OPTIMISTIC U.S. NEWS BOOSTS METALS; AAA STATUS IN JEOPARDY Precious Metals prices edged up today as the Labor Department confirmed weekly unemployment benefit applications dropped to the lowest level since January 2008. Also, the Commerce Department stated that new home construction rose by 12.1 p... [more] Mid-Day Gold & Silver Market Report – 1/17/2013 by Ted Prince January 17, 2013 PLATINUM AND PALLADIUM ON A RUN; S&P AT HIGHEST LEVEL IN OVER FIVE YEARS Optimistic U.S. housing and jobs data has boosted stocks and increased the appetite for commodities; thus, Platinum and Palladium are trading at their highest levels in months. Platinum and Palladium have lived in the rela... [more] Morning Gold & Silver Market Report – 1/17/2013 by Geoffrey Varner January 17, 2013 SPANISH DEBT AUCTION A SUCCESS; PLATINUM TOPS GOLD If you are looking for excitement in the U.S. stock market, you may be left wanting. Futures on the Dow and the S&P are not showing us much this morning; however, the euro took a stronger position against the dollar and yen in overnight trading... [more] Month List 2013 May (47) 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.