APMEX Market Commentary Archive - Author Brandi Brundidge

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News and Commentaries Weekly Gold & Silver Market Recap – 3/1/2013 by Brandi Brundidge March 1, 2013 GOLD GAINS AT BEGINNING OF WEEK Gold began the week strong as the prices rebounded from a seven-month low during the week ending February 22. There is still uncertainty in the marketplace; there is a growing sentiment that the price of Gold is moving upward. “After the drop, hopefully the w... [more] Closing Gold & Silver Market Report - 2/28/2013 by Brandi Brundidge February 28, 2013 POSITIVE U.S. NEWS KEEPS GOLD FROM SUPPORTED LEVEL Gold pulled back today on additional positive economic news as the U.S. manufacturing sector developed faster than expected. The data reflected the 0.1 percent growth of the U.S. gross domestic product (GDP) in Q4 of 2012 on improved export perfo... [more] Morning Gold & Silver Market Report – 2/26/2013 by Brandi Brundidge February 26, 2013 INVESTORS RUSHING BACK TO GOLD AS SAFE HAVEN ASSET Gold is on the rise and is taking back its stance as a safe haven asset this morning against the euro as nervous investors react to the Italian election. “(The) Italian elections have been the first of the 2013 scheduled event risks to blow... [more] Closing Gold & Silver Market Report – 2/25/2013 by Brandi Brundidge February 25, 2013 ANALYST PROVIDES BULLISH FORECAST FOR GOLD IN Q3 OF 2013 Gold received a boost today after worried investors watched Italy's election with uncertainty of who might be next in power over the Italian government. “Gold had a 'near-term bottom-out' here. We had a steep selloff in the last few weeks,... [more] Closing Gold & Silver Market Report – 2/21/2013 by Brandi Brundidge February 21, 2013 GOLD REMAINS LOW ON UNCERTAINTY FROM FED, EUROZONE Gold continued to face difficult times as the U.S. dollar strengthened through the course of the day after the Federal Reserve officially commented about the future of further easing. St. Louis Federal Reserve Bank President James Bullard stated la... [more] Mid-Day Gold & Silver Market Report – 2/19/2013 by Brandi Brundidge February 19, 2013 WHAT WILL GOLD’S SUPPORTED PRICE BE? DATA CONFIRMS GERMANY’S ECONOMIC RECOVERY Gold has remained at a 6-month low following last Friday's big loss from positive economic news. At this point the yellow metal requires some pessimistic data to rebound or a heavy demand in the asset. ... [more] Closing Gold & Silver Market Report – 2/14/2013 by Brandi Brundidge February 14, 2013 GOLD FEELS EUROZONE’S HEARTACHE ON GDP NEWS The eurozone is facing difficult times as its recession continues to worsen. In the fourth quarter of 2012, the zone’s Gross Domestic Product (GDP) dropped 0.6 percent from the previous three months, which is the worst drop since the collapse of Lehman ... [more] Mid-Day Gold & Silver Market Report – 2/12/2013 by Brandi Brundidge February 12, 2013 ECB CHIEF SUGGESTS CURRENCY WAR EXAGGERATED The bottom for Gold seems to be tested as the Lunar New Year began Monday, taking some support out of the market for the week long celebration. “Today [the lower Gold price] is the fact that the market's been very much range-bound for a while, funds ar... [more] Closing Gold & Silver Market Report – 2/11/2013 by Brandi Brundidge February 11, 2013 ECONOMISTS HAVE HIGH HOPES FOR U.S. RECOVERY Gold fell today as investors became concerned with the metal’s year to date performance. Also, the Lunar New Year began this week, taking major Asian markets out of trading to celebrate. “There is less liquidity in the market this week, with fewer trade... [more] Closing Gold & Silver Market Report – 2/7/2013 by Brandi Brundidge February 7, 2013 GOLD DROPS AFTER PESSIMISTIC VIEWS FROM ECB PRESIDENT Gold fell slightly today once European Central Bank (ECB) President Mario Draghi created concern in the market from his negative comments. Draghi believes that the eurozone economy will not show growth until later in 2013, saying Europe has m... [more] Month List 2013 May (43) 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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