APMEX Market Commentary Archive - Author Robert Davis

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News and Commentaries Closing Gold & Silver Report, 5/23/2012 by Robert Davis May 23, 2012 MARKETS FALL AS EUROPEAN FEARS SWELL Gold retreated today as Europe continued to fan flames of fear worldwide. Markets were in selloff mode, as more than two-thirds of stocks on the New York Stock Exchange lost value, and oil prices fell below $80 a barrel for the first time in eight m... [more] Closing Gold & Silver Market Report, 05/22/2012 by Robert Davis May 22, 2012 METALS RETREAT AS DOLLAR CONTINUES TO CLIMB Currency markets pushed the American dollar higher amid dim hopes for a European solution. Kevin Hebner, a foreign exchange strategist for JPMorgan in London, in a note to clients wrote, “For the second time in six months, Greece’s Economic a... [more] Closing Gold & Silver Market Report – 05/17/2012 by Robert Davis May 17, 2012 GOLD CLOSES HIGHER TO END 4-DAY LOSING STREAK After closing lower for four consecutive trading days, Gold prices rebounded today after hitting a 10-month low. Oil prices continued to decline today, providing some welcome relief to American consumers. “We had soft economic data and Eur... [more] Closing Gold & Silver Market Report – 5/15/2012 by Robert Davis May 15, 2012 EURO TUMBLES AS GREEKS WILL HEAD BACK TO POLLS After weeks of infighting and deadlock among Greek politicians, party leaders declared their inability to form a unified government. The nation will return to the voting booth to reshuffle the deck again in an election that will essentiall... [more] Closing Gold & Silver Market Report – 2/1/2012 by Robert Davis February 1, 2012 DOLLAR FALLS AS EUROPE LOOKS MORE STABLE Precious metals prices rose slightly today as the market absorbed positive news surrounding the German economy. This news gave investors a sense of stability in European markets, as investors are hopeful that a resolution to the ongoing sa... [more] Mid-Day Gold & Silver Market Report – 11/28/2011 by Robert Davis November 28, 2011 GOLD HOLDS ON TO GAINS IN MORNING TRADING Gold, which posted big gains in overnight trading, held on to most of the climb it made, although prices did slip slightly. Silver is higher since this morning’s Market Report, having posted an increase of more than 3.5%. Platinum and palladium prices also ... [more] Closing Gold & Silver Market Report – 11/21/2011 by Robert Davis November 21, 2011 NO DEAL ON SPENDING CUTS COULD LEAD TO FURTHER LOSSES & DOWNGRADES Gold and silver have bounced off of their lows for the day, but still have posted significant drops today, following the announcement by members of the congressional super committee that no deal would be reached by Wednesday’s d... [more] Closing Gold & Silver Market Report – 11/15/2011 by Robert Davis November 15, 2011 GOLD ENDS HIGHER AS NERVOUS INVESTORS STILL SEEK SAFE HAVEN Gold prices closed the day slightly higher. Silver prices closed with a solid gain of about 1.5%. This time of year, hedge funds and other investment firms are required to make regulatory filings with the SEC and report their holdings. Th... [more] Mid-Day Gold & Silver Market Report – 11/9/2011 by Robert Davis November 9, 2011 IMF CHIEF WARNS OF ANOTHER LOST DECADE; GREEK PM RESIGNS Gold and silver prices have slipped somewhat since the morning commentary. Stock markets have also fallen sharply as worries about Italy becoming the next Greece abound. Greek Prime Minister George Papandreou will hand in his resignati... [more] Closing Gold & Silver Market Report – 11/8/2011 by Robert Davis November 8, 2011 The price of Gold peaked briefly above $1,800 before short-term profit taking took prices quickly lower. Silver prices quickly rose about the same time but also dropped after peaking at $35.35. “The daily battle is headlines from Europe (and) short-term profit taking, which keeps gold’s progression... [more] Month List 2013 May (40) 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.