Our Daily Gold & Silver
Market Reports

Daily Gold & Silver Market Report – 4/13/2015

METALS DOWN AS U.S. DOLLAR GAINS Precious Metal prices are slightly lower during morning trading hours, continuing their recent trend of give and take. A rise in the U.S. dollar provided a new round of pressure on metals as investors speculate on the timing of a U.S. Federal Reserve rate hike.  Bank of America Merrill Lynch strategists wrote Monday, “Despit... Read More

Daily Gold & Silver Market Report – 4/10/2015

GOLD UP, STILL PRESSURED BY DOLLAR Gold climbed 0.7 percent to $1,203.10 an ounce Friday morning despite heading for a fall on a stronger dollar and expectations the U.S. will see an interest rate hike this year. “We saw a technical move this morning that pushed prices above $1,200... but if we see some selling into the rally perhaps we can come back down again,” Mitsubishi Corp strategist Jonathan Butler said. Investor... Read More

Daily Gold & Silver Market Report – 4/9/2015

GOLD FALLS ON FED TALK, U.S. JOBLESS CLAIMS DATA Despite recent weak economic data, the U.S. Federal Reserve has kept alive expectations for an interest rate hike this year. Minutes from the Fed’s March meeting show they are keeping the option of a June interest rate hike. Gold fell more than 2 percent from Monday’s seven week high after U.S. jobs data gave expectations the Federal Reserve would delay a rate hike. “What happened after the ... Read More

Daily Gold & Silver Market Report – 4/8/2015

GOLD HOLDS ABOVE $1,200 AN OUNCE; FED MINUTES RELEASED TODAY The U.S. Federal Reserve plans to release its March policy meeting minutes Wednesday, and investors anticipate remarks regarding when interest rates may increase. Gold is holding strong above $1,200 an ounce after soaring following the holiday weekend and Friday’s worse-than-expected U.S. nonfarm payrolls report.  “We really need to break at least ... Read More

Daily Gold & Silver Market Report – 4/7/2015

GOLD DIPS AS OIL RALLIES Gold dropped Tuesday as the U.S. dollar gained strength and global shares rose, but fears about a U.S. interest rate hike kept bullion close to a seven-week high. Precious Metals increased Monday to their highest since February 17, as non-farm payroll data fuelled expectations the U.S. Federal Reserve may not increase rates this year. “Bulls are frustrated yet again to see rallies fade … mome... Read More

Daily Gold & Silver Market Report – 4/6/2015

METALS RISE AS JOBS DATA DISAPPOINTS Precious Metal prices gained through morning trading with Gold reaching a seven week high as investors avoided riskier assets and flocked to metals. As U.S. payroll expectations missed the mark Friday, the U.S. dollar lost steam, leading many to believe the Federal Reserve will postpone raising interest rates. In response to the... Read More

Daily Gold & Silver Market Report – 4/2/2015

GOLD AWAITS PAYROLL DATA; DATA LIFTS PAYROLL HOPES Gold held around $1,200 per ounce as disappointing economic data raised concerns over the U.S. growth outlook and the Federal Reserve’s interest rates policy. “The Precious Metal could face higher volatility as we approach towards the Friday's U.S. non farm payroll number,” AvaTrade chief market analyst Naeem Aslam said. “(But) we may actually see a weak number, ... Read More

Daily Gold & Silver Market Report – 4/1/2015

GOLD UP ON POOR JOBS REPORT; MINABLE RESERVES MAY BE DISAPPEARING Gold climbed back up Wednesday after a report showed U.S. private sector created only 189,000 jobs in March compared to an estimated 225,000. The data reported the majority of new positions came from the service sector in small businesses. This is the first time since January 2014 private companies added less than 200,000 jobs. “The fal... Read More

Daily Gold & Silver Market Report – 3/31/2015

GOLD SEES NO LOVE; U.S. DATA WEAK Gold has experienced very little love and had another 1.25 percent drop Monday, giving up what little gains it has had in 2015. The path ahead does not look inviting as the U.S. Federal Reserve is expected to raise interest rates as early as June. A short-term rise makes holding Gold less attractive as people will likely keep their money in greenbacks. This will cause the dollar to rise in value, which will make the Gold price lower in the U... Read More

Daily Gold & Silver Market Report – 3/30/2015

METALS LOSE GROUND AS U.S. STOCKS REBOUND Precious Metal prices are lower during morning trading hours after gaining most of last week. As the U.S. dollar gains, pressure mounts on metals, with many investors believing the U.S. Federal Reserve will raise interest rates this year.  However, as geopolitical tensions continue in the Middle East, many a... Read More

Daily Gold & Silver Market Report – 3/27/2015

GOLD DOWN SLIGHTLY, STILL UP OVERALL Gold is down Friday following the dollar’s rebound as the U.S. Federal Reserve appears on track to raise interest rates this year. The dollar rose 0.3 percent versus a basket of currencies, supported by strong U.S. jobs and service sector data, while European stocks gained after a two-day retreat. Despite Friday's losses, Gold is on track to finish the week up around 1.5 percent after a seven-day rally, the metal's Read More

Daily Gold & Silver Market Report – 3/26/2015

GOLD HITS 3 WEEK HIGH; JOBLESS CLAIMS SUGGEST IMPROVEMENT Escalating tensions in the Middle East rattled stocks and the U.S. dollar, leading investors into lower risk assets of bullion and German bonds. Gold rallied to a 3 1/2 week high while Silver rose 3 percent. Gold received another boost as soft U.S. data may lead to the U.S. Federal Reserve keeping interest rates low. “Overnight we have seen risk aversion because of what's going on in the Middle East, and the... Read More

Daily Gold & Silver Market Report – 3/25/2015

ANALYSTS FORECAST GOLD TO REACH $1,300; OIL PREDICTED TO INCREASE IN 2016 Gold is trading at a 2-1/2 week high as the market anticipates the U.S. Federal Reserve will not increase interest rates until September compared with the prior probability of June. “For the rest of this month, markets (will be) adjusting to the reality that the Fed is more dovish than previously expected,” Phillip Futures a... Read More

Daily Gold & Silver Market Report – 3/24/2015

Rate Increase Speculation Boosts Gold; Dollar, Euro rally Gold steadied below the 2-1/2 week high Tuesday and is headed for its fifth session of gains on expectations that a U.S. interest rate hike could be delayed until September. The price of Gold was set to post its longest winning streak since January 2014. Investors have rushed toward bullion the past few days because of a slumping U.S. dollar. “The dollar remai... Read More

Daily Gold & Silver Market Report – 3/23/2015

METALS HOLD GAINS AS DOLLAR’S STRUGGLE CONTINUES Precious Metal prices have seen modest movement Monday as Gold holds near a two week high following three consecutive gains last week. As investors await U.S. economic news later this week, the U.S. Federal Reserve’s dovish stance weighs on the dollar.  With many analysts now expecting a rise in interest rates i... Read More

Daily Gold & Silver Market Report – 3/20/2015

GOLD, STOCKS BOOSTED ON SLIGHTLY LOWER DOLLAR Gold is at a two-week high Friday following one of the worst weeks for the U.S. dollar against the euro. This change of pace comes after a four month low due to pressure from expectation the U.S. central bank was on track for its first interest rate hike in nearly a decade. “For the short term, Gold has had a stay of execution,” Mitsubishi analyst Jonathan Butler said. “With yields on Treasuries coming off a bit in the last few days, Read More

Daily Gold & Silver Market Report – 3/18/2015

METALS FLAT AS INVESTORS AWAIT FED STATEMENT Precious Metal prices are relatively flat in early morning trading as investors prepare for the U.S. Federal Reserve’s highly anticipated statement Wednesday. With Gold hovering around four month lows, many analysts speculate the removal of the word “patient” from the Fed’s policy statement will hint toward a rate hike in June.  However, not everyone is sold on the dollar’s strength. Abu Dhabi’s ADS Securities chief market s... Read More

Daily Gold & Silver Market Report – 3/17/2015

Gold Hits Another Low Awaiting Fed Meeting Gold opened on a four-month low Tuesday as investors nervously await the U.S. Federal Reserve policy meeting that could support a mid-year rise in interest rates. The Gold price fell to $1,142.86 an ounce, its lowest since November 7. Fed policymakers start the two-day meeting Tuesday afternoon and rate increases are expected to be the topic. The likely increase will put the Fed a step closer to the first rate increase since 2006. Read More

Daily Gold & Silver Market Report – 3/16/2015

METALS STRONG AHEAD OF WEDNESDAY FED STATEMENT Shaking off recent losses, Precious Metal prices are on the rise as investors prepare for the U.S. Federal Reserve’s statement Wednesday. Gold has been pressured with the continued rise of the U.S. dollar, but some analysts believe a dollar correction is on the way as disinflation becomes a concern.  BK Asset Management managing director of FX strategy Kathy Li... Read More

Daily Gold & Silver Market Report – 3/13/2015

GOLD UP AS STOCKS REMAIN FLAT Gold was on track to its ninth straight session of losses, the most in 40 years.  However, today it has benefited from the dollar falling against other currencies. "The softer dollar is helping Gold but that's only temporary," Societe Generale analyst Robin Bhar said. "The key event now is going to be the [U.S. Federal Reserve] meeting next Wednesday, so more clarity ... Read More

Daily Gold & Silver Market Report – 4/2/2015

GOLD AWAITS PAYROLL DATA; DATA LIFTS PAYROLL HOPES Gold held around $1,200 per ounce as disappointing economic data raised concerns over the U.S. growth outlook and the Federal Reserve’s interest rates policy. “The Precious Metal could face higher volatility as we approach towards the Friday's U.S. non farm payroll number,” AvaTrade chief market analyst Naeem Aslam said. “(But) we may actually see a weak number, ... Read More

Daily Gold & Silver Market Report – 3/11/2015

PRECIOUS METALS, OIL PRESSURED BY STRONG U.S. DOLLAR Friday’s better than expected U.S. non-farm payroll figures quickly motivated the market as investors suggested the U.S. Federal Reserve may change its mind and increase interest rates in June rather than later this year. The news has pushed the U.S. dollar to its highest trading point in more than 11 years, pressuring Gold. “Ultimately support is at $1,130 [per o... Read More

Daily Gold & Silver Market Report – 3/10/2015

GOLD DOWN AGAINST STRONG U.S. ECONOMY, DOLLAR The Gold price has decreased to its lowest price in three months due to newfound life in the U.S. economy. The safe haven appeal for Gold may further dampen if U.S. interest rates are hiked earlier than expected. This potential has hurt the Gold market for more than a year. Friday saw a steep decline in Gold linked to positive U.S. non-farm payrolls data. Read More

Daily Gold & Silver Market Report – 3/9/2015

METALS ON MOVE AS ECB BEGINS NEW QE Precious Metal prices are on the rise Monday after trading near four-month lows the previous week. Although metals have been pressured due to a strengthening U.S. dollar, Greece’s continued financial struggle along with a new round of quantitative easing (QE) by the European Central Bank (ECB) has provided support. Commerzbank ... Read More

Daily Gold & Silver Market Report – 3/6/2015

GOLD DROPS ON STRONG JOB REPORT Gold fell nearly 1 percent after the U.S. employment report showed the unemployment rate dropped to 5.5 percent, marking the fifth weekly decline as the dollar rose near an 11-year high. However, markets believe a strong U.S. jobs report could spur the Federal Reserve to raise interest rates, which would boost the dollar and in turn hurt demand for Precious Metals. The dol... Read More

GOLD DROPS ON STRONG JOB REPORT

Gold fell nearly 1 percent after the U.S. employment report showed the unemployment rate dropped to 5.5 percent, marking the fifth weekly decline as the dollar rose near an 11-year high. However, markets believe a strong U.S. jobs report could spur the Federal Reserve to raise interest rates, which would boost the dollar and in turn hurt demand for Precious Metals. The dollar is a major factor in U.S. oil prices. “Given... Read More

Daily Gold & Silver Market Report – 3/5/2015

GOLD FLAT AHEAD OF ECB NEWS, U.S. JOBLESS CLAIMS While the European Central Bank has held interest rates at record lows, it is expected to detail its 1 trillion euro quantitative easing plan during today’s press conference. These details, as well as key U.S. economic data expected Friday, keep investors cautious. U.S nonfarm payrolls numbers could affect the timing of the Federal Reserve’s interest rate hikes. “ Read More

Daily Gold & Silver Market Report – 3/4/2015

U.S. DOLLAR CLIMB STRESSES GOLD, SILVER; FED COULD POSTPONE RATE HIKE The U.S. dollar reached its highest point since September 2003 due to improved U.S. government bond yields, pressuring Precious Metals.  “We have quite an event-heavy end of the week, with the U.S. payrolls data on Friday and the [European Central Bank] meeting tomorrow, so we are unlikely to see much positioning ahead,”  BN Amro ana... Read More

GOLD INCREASES ON SOFTER DOLLAR

Gold recovered Tuesday morning after briefly dropping below $1,200 an ounce. “Prices…seem to be forming a nice technical base in the low $1,190s,” Deutsche Boerse’s MNI senior analyst Tony Walters said. NRC Commodities analyst Andrey Kryuchenkov reiterated this statement, saying, “Gold…clearly found some support around $1,200 [per ounce] at the start of this month and people are still looking at U.S. data.” Non-farm payroll numbers and the lau... Read More

Daily Gold & Silver Market Report – 3/2/2015

METALS ON RISE AHEAD OF ECONOMIC DATA Precious Metal prices are on the move Monday morning as Gold rose to its highest level in nearly two weeks.  As investors prepare for the release of important economic data this week, Gold received a boost from a surprise move out of China.  The world’s second largest Gold market decided to cut interest rates, which in... Read More

Daily Gold & Silver Market Report – 2/26/2015

GOLD UP ON U.S. RATE HIKE VIEW; U.S. CONSUMER PRICES FALL Chinese buyers investing in Gold upon return from the Lunar New Year break and Federal Reserve Chair Janet Yellen indicating the U.S. Central Bank is in no hurry to raise interest rates gave Gold a one percent boost Thursday. "The combination of China returning, Yellen pushing the can further out, bond yields lower and exchange-traded produc... Read More

Daily Gold & Silver Market Report – 2/25/2015

FED POSTPONES HIKING INTEREST RATES; OIL PRICES RALLY The Federal Reserve announced Wednesday they're in no hurry to increase interest rates, which weighed on the dollar and in turn supported Precious Metals prices across the board, with Silver up more than three percent and Palladium reaching a six-week high. The Precious Metals market also welcomed back Chinese buyers following the Lunar New Year holiday, which... Read More

Daily Gold & Silver Market Report – 2/26/2015

GOLD UP ON U.S. RATE HIKE VIEW; U.S. CONSUMER PRICES FALL Chinese buyers investing in Gold upon return from the Lunar New Year break and Federal Reserve Chair Janet Yellen indicating the U.S. Central Bank is in no hurry to raise interest rates gave Gold a one percent boost Thursday. "The combination of China returning, Yellen pushing the can further out, bond yields lower and exchange-traded produc... Read More

Daily Gold & Silver Market Report – 2/23/2015

METALS FLAT AHEAD OF YELLEN TESTIMONY Precious Metal prices are relatively flat through early morning trading as Gold reached its lowest point in seven weeks.  A lack a major investor buying during the Chinese Lunar New Year along with Greece’s newest agreement with eurozone finance ministers has triggered some selling as investors take on risker assets.  Although metals are experiencing a small pullback, many look to Federal Reserve Chairwoman Janet Yellen’s Read More

Daily Gold & Silver Market Report – 2/20/2015

GOLD, PLATINUM GAP LARGEST IN ALMOST TWO YEARS        Since Gold is generally looked at as a hedge during economic uncertainty, the price gap between Gold and Platinum is widening. At one point Friday morning, the price difference was $54, which is the highest spread between the metals since April 2013. “Gold's safe-haven credentials are much greater than Platinum's,” Capital Economics analyst Caroline Bain said. " Read More

Daily Gold & Silver Market Report – 2/19/2015

GOLD GAINS ON FED’S STANCE; U.S. JOBLESS CLAIMS FALL Gold made gains after January’s Federal Reserve policy meeting minutes showed concern for raising interest rates too soon. The minutes also revealed the struggle to shore up solid U.S. economic growth with weakness in international markets as well as continued concern regarding falling inflation expectations. "Be... Read More

Daily Gold & Silver Market Report – 2/18/2015

GOLD PRESSURED BY GREEK FINANCIAL WOES Gold fell 1.8 percent Tuesday on growing concern over Greece’s financial troubles.  The Greek government will ask for an extension on its loan contract with the eurozone Thursday.  “Greece remains the joker, and from looking at all markets from stocks to bonds and the euro the market firmly believes that a solution will be found despite all the current obstacles.  Failure will attract buying of Gold, but for now traders ... Read More

Daily Gold & Silver Market Report – 2/13/2015

GOLD REBOUNDS ON WEAKER DOLLAR Gold is on the rise Friday due to expectations of higher U.S. interest rates and a possible deal in Greece.  With weak retail sales and  jobless claims, Gold is in a holding pattern. An ING Bank senior strategist said, “We are in a holding pattern between $1,150 and $1,300 [per ounce] just because there isn't enough clarity around when the [U.S. Federal Reserve] is going ... Read More

Daily Gold & Silver Market Report – 2/12/2015

GOLD UP ON WEAKER DOLLAR; U.S. ECONOMY STARTING SOFT Rebounding from a five week low, Gold rose Thursday on news of an easing dollar versus the Japanese yen with more uncertainty over Greece’s debt. The dollar rose to a three week high Wednesday against major world currencies, but fell up to one percent versus the yen Thursday due to reports that more monetary stimulus from the Bank of Japan would be counterproductive. Macquarie analyst Matthew Turner said, "T... Read More

Daily Gold & Silver Market Report – 2/11/2015

GOLD BACK ON GREEK UNCERTAINTY; U.S. HOUSING UNDERPERFORMING Gold fell back a bit Wednesday ahead of a meeting with finance ministers to deliberate Greece’s future in the eurozone. The news lifted the U.S. dollar, but worried financial markets. Natixis analyst Bernard Dahdah said, “There has been some retail demand driven by the situation in Europe from the end of December. That said, prices are flat and people are possibly not expecting a breakthrough from this we... Read More

Daily Gold & Silver Market Report – 2/10/2015

METALS DOWN AS UNCERTAINTY LOOMS Precious Metal prices struggle to gain footing in early morning trading while investors monitor the global economic atmosphere. Although metals are currently experiencing a slight decline, growing concern over Greece’s potential exit from the eurozone coupled with extreme uncertainty in the equities markets has some an... 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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