APMEX Market Commentary Archive - Author Geoffrey Varner

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News and Commentaries Mid-Day Gold & Silver Market Report – 3/15/2013 by Geoffrey Varner March 15, 2013 INFLATION HIGHEST IN THREE YEARS; CONSUMER SENTIMENT DROPS According to the U.S. Department of Labor, February’s increase in gasoline prices was an unexpected primary contributor to the 0.7 percent increase in the consumer price index (CPI), accounting for about three quarters of the increase. The... [more] Morning Gold & Silver Market Report – 3/14/2013 by Geoffrey Varner March 14, 2013 U.S. DOLLAR HIGHS SUPPRESS GOLD; ECONOMY SHOWING SIGNS OF RECOVERY One of Gold’s broader appeals is its inverse correlation to the U.S. dollar, making it an ideal safety net for investors. The dollar is currently near seven month highs against the basket of global currencies. Bullish retail sales s... [more] Morning Gold & Silver Market Report – 3/11/2013 by Geoffrey Varner March 11, 2013 GOLD STEADY; ANNIVERSARY OF JAPAN’S DEVASTATING QUAKE Gold investment demand started low Monday as the U.S. dollar showed some strength and the European market dropped on Chinese economic data and Italian worries. The Gold price has been difficult to pin down lately but analysts expect the metal to... [more] Morning Gold & Silver Market Report – 3/7/2013 by Geoffrey Varner March 7, 2013 GOLD HOLDS ON TO GAINS; US MINT GOLD EAGLE SALES UP 240% The Gold price has been trading in a tight range most of the week but speculation that central banks will continue loose monetary policy, or quantitative easing, has kept a floor under prices. Quantitative easing has been a boon for Gold in r... [more] Morning Gold & Silver Market Report – 3/04/2013 by Geoffrey Varner March 4, 2013 GOLD REACTS TO POOR EUROPEAN TRADING, U.S. SPENDING CUT REALITY All three major indexes are poised to start lower this morning. Mainland Chinese stocks tumbled after Beijing announced new property buying restrictions. Those restrictions included higher down payments and mortgage rates on second ho... [more] Morning Gold & Silver Market Report – 3/01/2013 by Geoffrey Varner March 1, 2013 IS GOLD’S BULL RUN OVER? SEQUESTER DEADLINE TODAY Gold bugs and novices alike are looking at the recent five month decline in the Gold price, wondering if the historic decade-long bull run is finally over. While there is no crystal ball to read the future, we can look at factors contributing to th... [more] Morning Gold & Silver Market Report – 2/28/2013 by Geoffrey Varner February 28, 2013 AUTOMATIC SPENDING CUTS TO START; RECORD EXIT FROM GOLD ETFS The Dow Jones Industrial Average reached a five year high on Wednesday, just days before mandatory spending cuts are set to take effect. Both White House and Congressional leaders seem content to let Friday’s deadline come and go, each p... [more] Morning Gold & Silver Market Report – 2/27/2013 by Geoffrey Varner February 27, 2013 U.S. DURABLE GOOD ORDERS, GOLD FALL Orders for durable goods fell 5.2 percent in January, mostly due to declines in defense and commercial aircraft orders. When those specific items are removed, there was actually a rise in orders for the fifth straight month. Ahead of the durable goods release, t... [more] Mid-Day Gold & Silver Market Report – 2/22/2013 by Geoffrey Varner February 22, 2013 FED UNDECIDED ON QE POLICY; GOLD LEVELING OFF? St. Louis Fed President James Bullard told CNBC Friday that the Federal Reserve’s “very aggressive” easy money policy is going to stay that way. He is even quoted as saying, “This is a monetary policy that packs a punch.” Bullard is a voting member of ... [more] Morning Gold & Silver Market Report – 2/21/2013 by Geoffrey Varner February 21, 2013 GOLD TAKES A BEATING, INVESTORS SEE BUYING OPPORTUNITY The Gold price fell more than 2.5 percent on Wednesday, the biggest drop since July of last year. Yesterday saw heavy Gold selling on Comex and a variety of other channels. Standard Chartered analyst Dan Smith said, “Investor selling has been s... [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. 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