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News and Commentaries
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News and Commentaries

Closing Gold & Silver Market Report – 3/28/2013

by Brandi Brundidge March 28, 2013
GOLD SLIDES BELOW SUPPORTED LEVELS Gold lost its momentum today, dipping just below its support price of $1,600 on the last trading day of the quarter. The safe haven appeal has disappeared for the moment as expected protesting in Cyprus over the reopening of their banks did not occur. “Prices ar... [more]

Mid-Day Gold & Silver Market Report – 3/28/2013

by Ryan Schwimmer March 28, 2013
GOLD DOWN ON PEACEFUL CYPRIOT BANK OPEN Gold is settling back below $1,600 as the anxiety surrounding Cypriot banks has been eased following today’s very civil bank reopening. “Gold market was anticipating safe haven demand once Cypriot banks opened, and apparently it has been fairly calm per repor... [more]

Morning Gold & Silver Market Report – 3/28/2013

by Geoffrey Varner March 28, 2013
CYPRUS BANKS REOPEN, GOLD HOLDS STEADY After nearly two weeks, Cyprus’ banks reopened today with strict limits on cash withdrawal amounts. Early information is that the limits are working and there have been few, if any, signs of panic. Today’s reopening has had little impact on the markets, with ... [more]

Closing Gold & Silver Market Report – 3/27/2013

by Ted Prince March 27, 2013
GOLD UP; PLATINUM, PALLADIUM LOOK TO RALLY After four straight sessions of losses, Gold is up today as the safe haven appeal of Precious Metals is currently resonating with investors. “Gold looked attractive today as a safe-haven asset in reaction to the decline in equity markets and in anticipatio... [more]

Mid-Day Gold & Silver Market Report – 3/27/2013

by Nicholas Wilsey March 27, 2013
GOLD MOVES UP ON UNCERTAINTY As we have reached the midway point of the week, the Gold price has hopped back over the $1,600 level. Monday saw a slight price dip due to the last minute bailout agreement in Cyprus. However, as details of said agreement came to light, investors’ uncertainty returned... [more]

Morning Gold & Silver Market Report – 3/27/2013

by Ryan Schwimmer March 27, 2013
GOLD REGAINS $1,600 ON EURO WORRIES Gold is looking to reclaim the $1,600 level this morning thanks to worries in the eurozone, though it is fighting a battle with upbeat U.S. economic data, as home prices and durable goods have improved. Dominic Schnider of UBS Wealth Management said, “When we get... [more]

Closing Gold & Silver Market Report – 3/26/2013

by Nicholas Wilsey March 26, 2013
GOLD DOWN ON POSITIVE ECONOMIC REPORTING At the close of business here in the United States, the price of Gold has ended down, closing below $1,600 an ounce for the first time in 10 days. Gold has struggled to find direction as a mixed bag of good and bad financial data has been released. The situa... [more]

Mid-Day Gold & Silver Market Report – 3/26/2013

by Brandi Brundidge March 26, 2013
INVESTOR GOLD HOLDINGS DECREASE; HOUSING MARKET CONFIDENCE RISING As the U.S. economy shows growth and stability from optimistic data, the amount of Gold investors are adding to their portfolios has dropped. Commodities research firm CPM Group said in a statement, “Present sentiment has reduced the... [more]

Morning Gold & Silver Market Report – 3/26/2013

by Ryan Schwimmer March 26, 2013
GOLD PICKED AS BEST INVESTMENT IN CNBC SURVEY The latest CNBC All-America Economic Survey showed that Gold is still in favor with most investors. The survey showed that Americans’ confidence in investments is rising overall, but not exclusively in stocks. When asked about the best investment, 35 pe... [more]

Closing Gold & Silver Market Report – 3/25/2013

by Brandi Brundidge March 25, 2013
GOLD FEELING PRESSURE OF CYPRUS Gold is holding above $1,600 even as concerns develop over the new Cyprus agreement. “Although there is still some uncertainty around the details of the Cyprus deal, the assumption is that it will now be finalized and will meet the conditions that the EU expected a... [more]
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.

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