Our Daily Gold & Silver
Market Reports

Morning Gold & Silver Market Report – 6/13/2014

INVESTORS WORRY ABOUT IRAQ Gold and Silver prices are relatively flat in morning trading. Gold’s safe haven appeal could receive a boost if violence in Iraq escalates, and the U.S. government has said it will not rule out air strikes to assist the Iraqi government. Platinum and Palladium are trading in the red after a major dip yesterday caused by a looming deal to end the five-month mine strike in Sout... Read More

Closing Gold & Silver Market Report – 6/12/2014

GOLD AND SILVER HIGHER ON IRAQI VIOLENCE; PLATINUM AND PALLADIUM PLUNGE Geopolitical turmoil has resurfaced as a motivator for higher metals prices as violence in northern and central Iraq has shaken markets and increased the safe-haven demand for Gold.  Islamist militants have struck against the newly formed Iraqi government causing fear ... Read More

Mid-Day Gold & Silver Market Report – 6/12/2014

METALS CLIMB ON RISING OIL PRICES, DECLINING RETAIL SALES, POOR JOBS REPORT News that has boosted Gold and Silver prices has predictably soured early morning stock gains, and markets are once again in the red. May retail sales numbers did not meet expectations and the jobs report unexpectedly went up. A Sunni militant uprising in Iraq has driven Brent oil futures above $110 a barrel. In gauging "retail sale... Read More

Morning Gold & Silver Market Report – 6/12/2014

PROFIT-TAKING DROPS PLATINUM, PALLADIUM Gold and Silver prices are slightly higher in early-morning trading. UBS said in a note, “Gold remains nearly consistently negatively correlated with equity markets, and the (dollar index).” The industrial Precious Metals, Platinum and Palladium, fell victim to profit-taking after Palladium rallied to its highest level in 13-1/2 years. The five-month Platinum mine... Read More

Mid-Day Gold & Silver Market Report – 6/11/2014

METALS CONTINUE CLIMB ON WORLD BANK NEWS Precious Metals continued to trade slightly higher through afternoon trading.  Metals have been boosted and stocks around the world are pulling back after the World Bank’s announcement late Tuesday that it is cutting its global growth forecast for 2014.  Art Hogan, chief market strategist at Wunderlich Securities in New... Read More

Closing Gold & Silver Market Report – 6/11/2014

METALS CONTINUE CLIMB ON WORLD BANK NEWS Precious Metals continued to trade slightly higher through afternoon trading.  Metals have been boosted and stocks around the world are pulling back after the World Bank’s announcement late Tuesday that it is cutting its global growth forecast for 2014.  Art Hogan, chief market strategist at Wunderlich S... Read More

Mid-Day Gold & Silver Market Report – 6/11/2014

RUSSIA’S WAR AGAINST DOLLAR WILL SUPPORT GOLD Russia’s actions in the Ukraine, and the U.S.’s efforts to galvanize the West to impose economic sanctions on Russia, have widened the gap between the two countries. Russia understands these sanctions would hurt their economy and will take protective action. One action is the selling of U.S. Treasuries out ... Read More

Morning Gold & Silver Market Report – 6/11/2014

PALLADIUM HITS 3-1/2 YEAR HIGH Precious Metals prices are moderately higher in early-morning trade. Palladium hit a fresh 3-1/2 year high thanks to the ongoing mine strike in South Africa. MKS SA senior vice president Bernard Sin said, “Palladium touched new highs yesterday but holders of long positions are now being cautious because these are at very high levels and there is not much room to increase e... Read More

Closing Gold & Silver Market Report – 6/10/2014

GOLD LIFTED AS STOCKS HALT MULTI-SESSION RALLY The Gold price was lifted today as stock indexes turned lower, with the metal trading above $1,260 per ounce for the first day in two weeks. There is little economic data to influence markets until Thursday’s release of unemployment data, but some experts predict a potential rebound for Gold and Silver due to recent tec... Read More

Mid-Day Gold & Silver Market Report – 6/10/2014

INDIAN & CHINESE CENTRAL BANKS TO PURCHASE 90% OF GOLD MINE OUTPUT Gold and Silver have maintained morning gains, most likely reacting to stock market losses, and a report released today could influence future Gold prices. In its weekly Precious Metals report, ETF Securities indicated Indian and Chinese central banks will likely purchase... Read More

Morning Gold & Silver Market Report – 6/10/2014

Precious Metals prices are gaining momentum and trading higher through early morning trading.  A day after the S&P 500 and the Dow Jones Industrial Average closed at record levels U.S. stocks are losing steam and are on the way down.  As investors await Tuesday’s jobs opening data, some economists are watching market trends and waiting for what’s next... Read More

Closing Gold & Silver Market Report – 6/9/2014

GOLD STEADY AS STOCKS CONTIUE RALLY Precious Metals prices are holding firm today as waning investor confidence in the euro zone helped buoy Gold and Silver as a safe-haven.  “Worries about Europe are bringing in some safe-haven buying,” Fain Shaffer, the president of Infinity Trading Corp., said. Prices will “remain range-bound as t... Read More

Mid-Day Gold & Silver Market Report – 6/9/2014

CHINA: MOST IMPORTANT TREND IN GOLD INVESTING TODAY Gold and Silver prices have maintained equilibrium despite stocks once again hitting new highs. One reason for this may be that the U.S. does not affect the Gold and Silver market nearly as much as China and India do. India has slowed somewhat due to high taxes and tariffs on Gold imports, which may be lifted with their new president. China, however, maintains a voracious appetite with both the central bank and consumers bu... Read More

Morning Gold & Silver Market Report – 6/9/2014

EUROPEAN EASING SEEN AS POSITIVE FOR GOLD Precious Metals prices are mostly higher in early-morning trade. With the caveat that U.S. monetary policy could tighten further, Societe Generale analyst Robin Bhar said, “We are above the $1,250 [per ounce] level based on last week's news dataflow. Clearly, the [European Central Bank] easing for the moment is seen as positive.” With stocks constantly h... Read More

Weekly Gold & Silver Market Recap – 6/6/2014

Precious Metals prices fluctuated very little following last week’s significant drop that saw Gold fall below $1,250 per ounce and Silver dip under $19 per ounce.  Thursday was the only trading day that saw noteworthy movement as the European Central Bank (ECB) announced a plan for negative deposit rates and an asset purchase program, which helped boost Gold and push stocks to new record highs.  Sluggish trading volume and volatility were compounded by heightened risk tolerance a... Read More

Mid-Day Gold & Silver Market Report – 6/6/2014

GOLD, SILVER HOLD AS STOCKS CONTINUE RECORD RISE  This morning’s positive job growth announcement has stocks soaring to new highs.  Gold and Silver, which often act with more skepticism to such news, are down just slightly.  "Investors are getting a little more confident that the U.S. economy will recover from that sluggish first quarter. But it's still not enough to propel th... Read More

Morning Gold & Silver Market Report – 6/6/2014

JOBS ADDED AS EXPECTED The U.S. dollar and U.S. stock futures gained after the release of the monthly jobs report. The expected result came to fruition with over 200,000 jobs added for a fourth straight month. The unemployment rate held steady at 6.3 percent. Many investors will now look for more clues to the Federal Reserv... Read More

Closing Gold & Silver market Report – 6/5/2014

ECB STIMULUS, RATE CUT BOOSTS GOLD AND STOCKS The Gold price rose for the first time in over a week as European Central Bank’s (ECB) President, Mario Draghi, announced that deposit rates for the region will be cut to 0.1 percent in an effort to combat deflation.  “The market is trained to react every time a major central bank makes a big ... Read More

Mid-Day Gold & Silver market Report – 6/5/2014

METALS PRICES RISE ON ECB NEGATIVE INTEREST RATES ANNOUNCEMENT Gold is widely accepted as a hedge against both inflationary and deflationary pressures, so it is no surprise to see Gold prices jump as the European Central Bank’s decision to declare a negative interest rate on deposits proves there is a global war against deflation. Deflation is defined as a general decline in prices, often caused by a reduction in... Read More

Morning Gold & Silver Market Report – 6/5/2014

ECB RATE GOES NEGATIVE Gold and Silver prices jumped suddenly as European Central Bank (ECB) President Mario Draghi spoke at a press conference, saying the central bank is not finished with monetary easing, if needed. Earlier today, the ECB cut its deposit rate for banks to –0.1 percent. This negative rate means that banks will now be charged to hold funds at the... Read More

Closing Gold & Silver Market Report – 6/4/2014

METALS FLAT AS INVESTORS AWAIT IMPORTANT DATA RELEASE Precious Metal prices continued their sideways movement and traded mostly flat through the afternoon.  As investors continue to await Friday’s much anticipated jobs report and the conclusion of the European Central Bank (ECB) policy meeting, some traders are speculating on what th... 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.

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