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News and Commentaries

Morning Gold & Silver Market Report – 5/17/2013

by Geoffrey Varner May 17, 2013
GOLD DECLINE CONTINUES AS U.S. DOLLAR SURGES The Gold price is continuing its steady march downward and is facing its seventh straight day of losses. The Gold price could post a weekly loss of nearly five percent. Thursday’s data put a damper on Precious Metal’s appeal as a larger-than-anticipated... [more]

Morning Gold & Silver Market Report – 5/16/2013

by Geoffrey Varner May 16, 2013
GOLD PRICE MAY TEST APRIL LOWS The Gold price is falling for the sixth straight session and is reaching lows not seen since April. A strong U.S. dollar and weak investor sentiment for the Precious Metal are the likely reasons for the recent price drops. The continued stock rally has also led funds... [more]

Morning Gold & Silver Market Report – 5/10/2013

by Geoffrey Varner May 10, 2013
GOLD SETTING UP ANOTHER WEEKLY LOSS The drop in Gold price continued overnight, putting the Precious Metal on pace to close lower for the week. The U.S. dollar gained against the yen, adding strength to Gold’s decline as a stronger dollar makes dollar-denominated commodities like Gold more expensi... [more]

Morning Gold & Silver Market Report – 5/9/2013

by Geoffrey Varner May 9, 2013
ETF SELLING VS. PHYSICAL BUYING The Gold price slipped in overnight trading as the U.S. dollar strengthened against a basket of other currencies. Investors were also profit taking on a three-week rally of European shares, which reached multi-year highs, helping keep the dollar steady against the eu... [more]

Morning Gold & Silver Market Report – 5/6/2013

by Geoffrey Varner May 6, 2013
GOLD OPENS ON POSITIVE NOTE Friday’s jobs report strengthened the U.S. dollar and put pressure on Gold, but the Precious Metal rebounded in overnight trading even though European markets are closed for a national holiday. Saxo Bank Vice President Ole Hansen said, “Technically we are in a nice upwa... [more]

Closing Gold & Silver Market Report – 4/30/2013

by Geoffrey Varner April 30, 2013
GOLD CLOSES APRIL DOWN 7.8 PERCENT The Gold price was up again today adding to recent gains but is closing out its worst month since December 2011.  For the trading session, investors seemed reluctant to move much either up or down as they await a decision from the Fed and the ECB.  Richa... [more]

Mid-Day Gold & Silver Market Report – 4/30/2013

by Geoffrey Varner April 30, 2013
WALL STREET THINKS NO END OF QE TILL 2014 CNBC conducted a survey in April and 40 of the 46 Fed Survey respondents said they believe asset purchases by the U.S. central bank will continue into next year. Participants also said that as the economy remains week with the sequester taking effect they ... [more]

Morning Gold & Silver Market Report – 4/29/2013

by Geoffrey Varner April 29, 2013
WILL ECB CUT RATES? It’s been five years since the onset of the global financial crisis, and since then, economies have been conditioned to rely upon their central banks for stimulus. The eurozone is in recession, and momentum is building for the ECB to cut interest rates this week. If the bank doe... [more]

Morning Gold & Silver Market Report – 4/25/2013

by Geoffrey Varner April 25, 2013
GOLD RISES TO 10 DAY HIGH; PHYSICAL BUYING SURGES Gold climbed to its highest price in 10 days during overnight trading, hitting $1,447.66 an ounce. The increase is credited to a weaker dollar, firmer prices in other commodities and a ninth straight session of physical Precious Metals demand. Inve... [more]

Morning Gold & Silver Market Report – 4/22/2013

by Geoffrey Varner April 22, 2013
GOLD SHOWING SIGNS OF RECOVERY The Gold price rose on Monday in overnight trading due to strong physical buying support after last week’s fall to a two year low. However, exchange-traded funds are still uneven after being trimmed down to the lowest levels in three years. Citi analyst David Wilson s... [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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