Our Daily Gold & Silver
Market Reports

Mid-Day Gold & Silver Market Report – 9/20/2011

GREECE LIKELY TO DEFAULT, BUT IS EURO BREAKUP ‘EXAGGERATED?’ In early-morning trading, both the stock market and the precious metals market are up moderately.  The movement in the metals market is thanks to a “move to safety,” as Tom Pawlicki of MF Global says, after S&P cut Italy’s sovereign debt rating.  Perhaps speaking not just of Italy, ... Read More

Morning Gold & Silver Market Report – 9/20/2011

S&P Cuts Italy’s Rating – Gold Prices Climb – Standard & Poor’s (S&P) cut Italy’s debt rating yesterday on concerns that the on going debt crisis will raise borrowing costs throughout the euro zone. This move surprised many and only puts more pressure on policymakers to lead. The chief commodity analyst at Oslo based SEB AB... Read More

Closing Gold & Silver Market Report – 9/19/2011

STOCKS PARE LOSSES AFTER GREEK CONFERENCE CALL; OBAMA UNVEILS DEFICIT PLAN Between the Mid-Day Gold & Silver Report and the posting of this report, precious metals prices have continued to slide, ending the day at a three-week low as investors cashed in their gold. Brien Lundin,... Read More

Mid-Day Gold & Silver Market Report – 9/19/2011

DOLLAR RISES, AS DO GREEK DEBT FEARS Since the Morning Gold & Silver Market Report, precious metals prices have tumbled, largely due to the rising value of the dollar and continued skepticism over a resolution of the debt situation in Greece. "Given ongoing problems in the eurozone and the financial s... Read More

Morning Gold & Silver Market Report – 9/19/2011

European Banks Become Net Buyers of Gold – Most of us know that central banks, as a whole, became net buyers of gold in 2010, thus reversing a 20-year pattern of net selling. Although this was true as an aggregate number, European banks were still net sellers of gold in 2010, but in 2011, they too have jumped on the bandwagon. European central banks have become net buyers ... Read More

Closing Gold & Silver Market Report – 9/16/2011

U.S. STOCKS CLOSED HIGHER FOR 5TH DAY IN A ROW Precious metals have settled since mid-day trading as two U.S. stock indexes continue to rise. Some have an optimistic look at the future of our world’s financial situation, thinking there is a seemingly simple solution to the current financial and political problems we are having.  Benjy Schwartz... Read More

Mid-Day Gold & Silver Market Report – 9/16/2011

EUROPE REBUFFS GEITHNER, PAYROLL DATA AROUSES CONCERNS Trading this morning has been relatively brisk based largely on concerns emanating from U.S. Treasury Secretary Timothy Geithner’s advice being relatively ignored by European Union (EU) financial ministers and payroll data causing at-home economic concerns to grow. Since the Morning Gold & Silver Market Report Read More

Morning Gold & Silver Market Report – 9/16/2011

GEITHNER WARNS OF DAMAGING ‘LOOSE TALK’ In overnight trading, gold was mostly down before turning to gains this morning.  European and Asian stocks were up, but U.S. stock futures on Wall Street (APMEX’s new home) are looking to open sharply down as Read More

Closing Gold & Silver Market Report – 9/15/2011

GOLD DROPS TO THREE-WEEK LOW; ECB ANNOUNCES DOLLAR FUNDING In the time between the Mid-Day Gold & Silver Market Report and the posting of this report, gold has rebounded slightly. Despite that rebound, the precious metal still ended the day down 2.5%. This reflects a drop to g... Read More

Mid-Day Gold & Silver Market Report – 9/15/2011

GOLD SLIDES AS TRADERS TAKE ON MORE RISK Gold and silver prices have both slipped since the Morning Commentary.  Gold has been stronger than silver, with gold only falling by about 0.1% and silver slipping by 0.8% since the Morning Commentary.  It seems the market may be growing more comfortable with the Greek debt situation.  World Read More

Morning Gold & Silver Market Report – 9/15/2011

SOFTENED STANCE ON GREECE, JOBS DATA WORSENS From the Closing Gold and Silver Market Report to now, precious metals pricing has seen a downward turn, primarily on the growing confidence that Greece can be bailed out. Not everyone shares that rosy outlook. "It's the denial stage that's taken hold of all the markets Read More

Closing Gold & Silver Market Report – 9/14/2011

GOLD UP 29% IN 2011; CHINA AND INDIA GOLD DEMAND STILL STRONG Precious metals are up from mid-day trading prices. China’s announcement to help the eurozone has somewhat eased tensions over the financial crisis, for now, giving gold a rest as investors take a shot at riskier investments. As mentioned in this morning’s commentary, the dollar has done well today which has also taken away from the safe haven buying of gold. Read More

Mid-Day Gold & Silver Market Report – 9/14/2011

GREEK DEFAULT COULD BE IMMINENT Gold has slipped slightly since the Morning Commentary, down approximately 0.5% since then.  Silver has ticked down as well by about the same percentage.  Despite stocks being up on U.S. and European exchanges today, the market seems to be anticipating a default by debt-ridden Greece sooner rather than later.  The cos... Read More

Morning Gold & Silver Market Report – 9/14/2011

FRENCH BANKS DOWNGRADED; FED PREPARES TO DO THE ‘TWIST’ Precious metals were mostly down throughout overnight trading, while stock futures were down before turning higher earlier this morning.  The Producer Price Index and retail sales numbers were released at 7:30 am (CT), and showed virtually no change from July’s numbers.... Read More

Closing Gold & Silver Market Report – 9/13/2011

STOCKS SURGE LATE AGAIN; ‘BRICS’ TO BUY EURO DEBT? Much like yesterday, stocks surged late to close in the black after spending most of the day in the red.  Gold and platinum added to gains this afternoon, while silver and palladium have remained relatively flat.  Jeffrey Christian of CPM Group said that investors thought yesterday’s dip in gold... Read More

Mid-Day Gold & Silver Market Report – 9/13/2011

MERKEL REJECTS CALLS FOR GREEK INSOLVENCY; ANOTHER DEBT VOTE? Between the Morning Gold & Silver Market Report and now, prices on gold, silver, platinum, and palladium have all inched up slightly. After yesterday’s losses on gold futures, today the precious metal has seen a 0.4% increase since this morning, with silver increasing 0.8%. In a response to calls by some member... Read More

Morning Gold & Silver Market Report – 9/13/2011

GLOBAL LEADERS WORRY OF GREEK DEFAULT Since the Closing Gold & Silver Market Report yesterday afternoon, precious metals’ prices have climbed. The investor sell-off has abated and appeal for gold is again on the rise thanks in large part to a potential Greek debt default and the European banking crisis. "There is a slow-motion t... Read More

Closing Gold & Silver Market Report – 9/12/2011

MARKET SWINGS WILDLY AS JITTERY INVESTORS SCROUNGE FOR A SCRAP OF GOOD NEWS Gold has ticked upward slightly since the Mid-Day Commentary.  However, the stock market has surged late in the day.  The Dow Jones Industrial Average (DJIA) hit a low point at around 2:15 pm, having lost nearly 170 points.  Following that, stocks surged, and the DJIA closed up by 68 points, a gain of over 200 points in a span of just 45 minutes. Concerns of further Greek debt problem... Read More

Mid-Day Gold & Silver Market Report – 9/12/2011

EUROZONE CONTINUES TO HAMMER AWAY AT CONFIDENCE Since the Morning Gold & Silver Market Report, precious metals have continued to decline, as investors seem to be selling their holdings to cover their losses in other investments. Uneasiness with the market increased due to the lack of any clear message ... Read More

Morning Gold & Silver Market Report – 9/12/2011

CONCERNS OVER EUROZONE HAVE INVESTORS CASHING IN Precious metals dipped in overnight trading, as gold’s mostly-negative correlation to the dollar held true.  The dollar is still strengthening thanks to concerns over the debt situation in Europe, which is also bringing global stocks and U.S. stock futures down.  Read More

Closing Gold & Silver Market Report – 9/9/2011

UNEASINESS IN EUROZONE BUOYS GOLD Precious metals have remained relatively flat this afternoon, while stocks tumbled along with the euro.  The dollar strengthened throughout the day, but its normal negative correlation to gold didn’t force the yellow metal down.  This is likely thanks to the uneasiness in the eurozone.  As James Duni... Read More

Disclaimer:
APMEX’s ‘Market Reports’ 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.

Back To Top

Items In Cart


There are no items in the cart.

AURIC