APMEX Market Commentary Archive - Author Nicholas Wilsey

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News and Commentaries Weekly Gold & Silver Market Report for May 3, 2013 by Nicholas Wilsey May 3, 2013 GOLD HOLDS STEADY AS EASING CONTINUES This week’s news was dominated by the central banks’ news of more monetary easing. Past rounds of easing have given support direction to the physical metals market, so investors were paying close attention. There was speculation at the beginning of the week. Th... [more] Morning Gold & Silver Market Report – 5/2/2013 by Nicholas Wilsey May 2, 2013 GOLD GAINS AS EUROPE CUTS RATES The European Central Bank (ECB) cut its main interest rate down to 0.5 percent. This highly anticipated move has had little effect on the European stock market and the value of the euro; however, the Gold market is moving upward on the news. “The ECB's decision to c... [more] Mid-Day Gold & Silver Market Report – 5/1/2013 by Nicholas Wilsey May 1, 2013 GOLD PRICE LOWERS DESPITE NEGATIVE MARKET REPORTS Today the price of Gold and other Precious Metals has moved down while the market waits for the U.S. Federal Reserve to announce its game plan later today. There are reports that show which way the Fed may be leaning. “In last month's (Fed) meeting ... [more] Weekly Gold & Silver Market Recap – 4/26/2013 by Nicholas Wilsey April 26, 2013 PHYSICAL BUYERS DRIVE GOLD MARKET After last week’s Gold and Silver prices hit a two year low, physical buyers jumped on the opportunity to buy at the reduced market pricing. That buying of Gold and Silver gave prices a boost this week. On Monday, the Gold price recovered some of the ground lost af... [more] Mid-Day Gold & Silver Market Report – 4/24/2013 by Nicholas Wilsey April 24, 2013 GOLD MOVING UPWARD MID-WEEK The Gold price is moving toward its third gain in four days. One of the driving factors of the increase in the Gold price today is the U.S. durable goods report, which was lower than expected. “Overall, the weak tone of this report underscored the emerging narrative of a... [more] Closing Gold & Silver Market Report – 4/23/2013 by Nicholas Wilsey April 23, 2013 GOLD PRICE FINISHES LOWER DESPITE PHYSICAL DEMAND Gold and Silver prices fell today based on the strength of the U.S. dollar. "Gold is lower as well as other commodities, including crude oil and base metals, which fell after weaker than expected economic data out of China and Europe, which gav... [more] Weekly Gold & Silver Market Report for April 19, 2013 by Nicholas Wilsey April 20, 2013 BUYERS REACT TO LOWER METAL PRICES This week Gold & Silver prices started in the same way it ended last week, moving lower. The price for Gold officially closed below $1,400 Monday, experiencing its largest one-day drop since February 1983. Prices for Silver, Platinum, and Palladium saw signif... [more] Mid-Day Gold & Silver Market Report – 4/17/2013 by Nicholas Wilsey April 17, 2013 GOLD AND SILVER COIN SALES SURGE The recent drop in the price of Gold and Silver has caused coin sales to surge. Sales of Gold American Eagle coins have risen more than 65% since Friday. The U.S. Mint has sold more than 83,000 ounces of Gold Eagles in the first three weeks of the month, compared to... [more] Closing Gold & Silver Market Report – 4/16/2013 by Nicholas Wilsey April 16, 2013 GOLD PRICE CLOSES ON AN UPSWING After two days of losses for the price of Gold, today’s market turned in a positive direction. “We have had technical barriers broken in the past two days, while the overall macro environment has been moving away from the inflation bias ... and some institutional inv... [more] Weekly Gold & Silver Market Report for Apr 12, 2013 by Nicholas Wilsey April 12, 2013 GOLD REACTS TO ECONOMIC CONDITIONS As the week began, the price of Gold was mostly flat after positive gains last week. There is a continued move from commodities into equities, though many economists wonder how long this trend will last. “Equities are stronger, and that's why we are seeing some pr... [more] Month List 2013 May (55) 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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