APMEX Market Commentary Archive January 2013

REGISTER TO WIN a 1oz Gold Eagle!

News and Commentaries Closing Gold & Silver Market Report – 1/16/2013 by Brandi Brundidge January 16, 2013 GLOBAL GROWTH OUTLOOK AFFECTS GOLD; GERMANY REQUESTS GOLD RESERVES The price of Gold fluctuated slightly as the World Bank predicted weaker global growth for 2013. “Today's setback was World Bank lowering growth expectations, anti inflationary somewhat,” George Gero, Precious Metals strategist at R... [more] Mid-Day Gold & Silver Market Report – 1/16/2013 by Nicholas Wilsey January 16, 2013 GOLD FORECAST CHANGES; GOVERNMENT SPENDING QUESTIONED Most financial experts are forecasting the Gold price to increase in 2013 for the 13th year in a row. However, some financial institutions are scaling back their initial Gold forecast. “The Gold market tends to look beyond headline inflation, to... [more] Morning Gold & Silver Market Report – 1/16/2013 by Ryan Schwimmer January 16, 2013 STOCKS TRADING LOW; GOLD OVERTAKES PLATINUM U.S. stock futures and Precious Metals are trading lower this morning. Data showed that consumer prices were flat in December thanks to falling energy costs, but the core prices, which do not include food or energy, went up by 0.1 percent. For stocks, ear... [more] Closing Gold & Silver Market Report – 1/15/2013 by Nicholas Wilsey January 15, 2013 GOLD STARTS THE WEEK MOVING UPWARD Gold has seen a two week high so far this week. Most financial experts agree that the yellow metal is set to continue its twelve year climb. Most forecasts point to central banks’ continuing stimulus programs and record low interest rates as driving factors ... [more] Mid-Day Gold & Silver Market Report – 1/15/2013 by Ted Prince January 15, 2013 BUNDESBANK WANTS GOLD RESERVES TO STAY AT HOME Gold piggybacked off both yesterday’s gains and the dramatic rise in Platinum price to pull within striking distance of its critical support level of $1,700 per ounce. Germany’s central bank, Bundesbank, plans to keep its Gold holdings in close proximi... [more] Morning Gold & Silver Market Report – 1/15/2013 by Ryan Schwimmer January 15, 2013 PLATINUM BOOSTS GOLD; FITCH WARNS ON DEBT CEILING Gold is higher this morning, thanks in large part to Platinum. Since the world’s top Platinum producer reported output would be cut by 400,000 ounces, Platinum’s price has overtaken Gold’s for the first time since March; however, it is seemingly boo... [more] Closing Gold & Silver Market Report – 1/14/2013 by Brandi Brundidge January 14, 2013 GOLD FINDS SUPPORT AS DEBT CEILING ISSUES ARISE; U.S. ECONOMY SHOWS PROGRESS The Gold price increased today as concerns grow on two economic matters: First, whether the Federal Reserve will continue its bond buying program as the economy appears to be recovering, and second, if politicians will co... [more] Mid-Day Gold & Silver Market Report – 1/14/2013 by Ted Prince January 14, 2013 STRONG EURO LIFTS GOLD AHEAD OF FED SPEECHES A strong euro, aggressive physical buying in China, and reports that the Bank of Japan will increase its inflation target have all driven the Gold price up today. The marginal gain comes following a significant price dip Friday. “We [saw] a fair amount o... [more] Morning Gold & Silver Market Report – 1/14/2013 by Geoffrey Varner January 14, 2013 GOLD GAINS, STOCKS HOLDING STEADY Chinese export data and investor optimism about fourth quarter earnings helped push the S&P 500 (SPX) up 0.4 percent last week. This two week rally showed the highest trading levels since December 2007. Fed Chairman Ben Bernanke is scheduled to speak toda... [more] Weekly Gold & Silver Market Recap – 1/11/2013 by Nicholas Wilsey January 11, 2013 GOLD MOVES UP, DOWN, ENDS FLAT Gold started this week off flat after last week’s drop due to uncertainty in the market. The lower price did lead to more buying across the globe. It held flat Monday following last week’s pullback as speculators remain uncertain over the future of the Federal Reserve... [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.