Our Daily Gold & Silver
Market Reports

Weekly Gold & Silver Market Recap – 5/30/2014

The Gold price came under substantial pressure this week as the perception of diminished tension in Ukraine temporarily rescinded safe-haven demand for the yellow metal.  News that elections for new leadership in the nation will go uncontested by Russia saw Gold take a significant dip after a return from the long weekend.  Primary Precious Metals prices have continued to trickle down each subsequent session leaving Silver below $19 an ounce and Gold realizing its worst week since... Read More

Mid-Day Gold & Silver Market Report – 5/30/2014

GOLD & SILVER HEAD FOR WORST WEEK SINCE MARCH The Gold market received support over the past month from tensions in Ukraine. The public perception is that these tensions are easing (despite the loss of 64 lives this week) and this has helped drive Gold prices lower. Asia, who often picks up Gold purchases in declini... Read More

Morning Gold & Silver Market Report – 5/30/2014

ANALYSTS: STOCKS IN FOR ‘NASTY CORRECTION’ The Gold price is steady in early morning trading and is headed for a three percent weekly loss. Peter Fertig of Quantitative Commodity Research said, “The move into riskier assets like equities, which have performed well, is weighing on Gold. Furthermore, the market is not as worried about Ukraine as it has been in March and April. That's reducing support from... Read More

Closing Gold & Silver Market Report – 5/29/2014

STOCK MARKET MAY FACE CORRECTION; INVESTORS WEIGH ECONOMIC FIGURES The Gold price remains under pressure Thursday as positive U.S. economic data, technical selling indicators and increased risk appetite cause the yellow metal to dip for the fourth straight session.  Gold began the short week with a significant drop following news that tensions in Ukraine... Read More

Mid-Day Gold & Silver Market Report – 5/29/2014

GOLD AND SILVER PRICES UP SLIGHTLY FROM MORNING LOWS There were two big news stories this morning. One was not so good and the other positive, yet both the Precious Metals and equity markets reacted to the upside. The U.S. GDP contracted for the first time in three years during the first quarter of 2014. The revised report came out today. Most analysts expected a revision of positive 0.1 percent t... Read More

Morning Gold & Silver Marker Report – 5/29/2014

GOLD PRICES FALL TO 16-WEEK LOW – SILVER DIPS BELOW $19 An improving U.S. economy and a stronger U.S. dollar are pushing Gold and Silver prices lower. The U.S. dollar is at a three-month high compared to the euro. The expectation that the European Central Bank will soon take action to further devalue the euro, the dollar could get even stron... Read More

Closing Gold & Silver Market Report – 5/28/2014

PALLADIUM REACHES 3-YEAR HIGH AS SOUTH AFRICAN MINER STRIKE CONTINUES The Gold price seeped further down today on easing geopolitical tensions following news that Russia will not interfere with Ukraine’s vote for new leadership.  While Gold struggles to find solid footing, Palladium has reached its highest price since 2011, climbing 13 percent since a Read More

Closing Gold & Silver Market Report – 5/28/2014

PALLADIUM REACHES 3-YEAR HIGH AS SOUTH AFRICAN MINER STRIKE CONTINUES The Gold price seeped further down today on easing geopolitical tensions following news that Russia will not interfere with Ukraine’s vote for new leadership.  While Gold struggles to find solid footing, Palladium has reached its highest price since 2011, climbing 13 percent since a Read More

Mid-Day Gold & Silver Market – 5/28/2014

GOLD HITS LOW AS STOCKS BREAK RECORD The Gold price hit a 3-1/2 month low in morning trading, adding to losses from Tuesday’s trade. Strong U.S. data paved the way for record highs in U.S. and German stocks Tuesday, and the losses built as support levels fell. Commerzbank analyst Daniel Briesemann said, “It looks as though the bears are in the driving seat. Equity markets are soaring again, so market pl... Read More

Morning Gold & Silver Market Report – 5/28/2014

GOLD, SILVER STABILIZE AFTER SHARP DECLINE Precious Metal prices remain near yesterday’s close, though upcoming news could eventually affect the movement of Gold and Silver. China is actively approaching major foreign banks and Gold producers to participate in a global Gold exchange. The Shanghai Gold Exchange (SGE) will directly compete with ex... Read More

Closing Gold & Silver Market Report – 5/27/2014

GOLD PRICES FALL 2 PERCENT ON STOCK MARKET RALLY Gold had its sharpest one day decline since December, falling 2 percent, while the S&P 500 climbed to an all-time high. Several factors were in play today to generate this decline. There was a technical sell off driven by a breakout from pennant pattern, called so because of its triangular shape, which triggered co... Read More

Mid-Day Gold & Silver Market Report – 5/27/2014

GOLD PRICES HEAD FOR LOWEST CLOSE IN ALMOST THREE MONTHS Gold prices began today’s trading session on the down side and the decline has only accelerated through morning trading. Analysts are looking at the technical charts and wondering if the bottom has fallen out. Gold has already plunged more than 1 percent today triggered by technical selling, Sunday’s Ukrainian election and a rising equity market. The “ Read More

Morning Gold & Silver Market Report – 5/27/2014

GOLD,  SILVER TO TWO WEEK LOWS Gold and Silver prices have fallen to a two-week low as investors try to assess the results of Sunday’s Ukrainian election. Ukraine President-elect Petro Poroshenko said all the right things about easing tensions in the region, but fighting continued.  For the moment, Gold prices are fal... Read More

Weekly Gold & Silver Market Recap – 5/23/2014

The Gold price remains range-bound as Gold’s 30-day volatility has dropped to its lowest in over one year.  As investors ease into the traditionally low trading volume of summer and a mixed batch of economic data failed to drastically influence bullion prices, Gold is still looking for impetus to break out of its current range.  While both Gold and Sil... Read More

Mid-Day Gold & Silver Market Report – 5/23/2014

GOLD, SILVER REMAIN IN A TIGHT TRADING RANGE Gold and Silver are trading slightly lower, while the S&P 500 tops its record close. The metals have been trading in a tight range for some time now and, according to U.S. Global Investors CEO and CIO Frank Holmes, Gold needs to see a rising GDP and a negative real return. Currently, there is a negativ... Read More

Morning Gold & Silver Market Report – 5/23/2014

DOLLAR FIRMS, METALS FALL Precious Metals prices were lower across the board in early-morning trading as the U.S. dollar firmed. The ongoing Platinum mine strike in South Africa is still lending some support to Platinum and Palladium, though the dollar-euro relationship weighed heavier this morning. INTL FCStone said in a note, “Gold has been trapped in a very compressed range for well over a month, but... Read More

Closing Gold & Silver Market Report – 5/22/2014

GOLD BOOSTED BY LACKLUSTER JOBS REPORT; PLATINUM/PALLADIUM CONTINUE RALLY The Gold price is trading higher today following a disappointing jobs report.  “Today’s data shows that the job market is struggling and rate hikes may be far away,” Chris Gaffney, the senior market strategist at EverBank Wealth Management, said. “‘There is some safe-haven buying.’’  Perhaps more notable is the Read More

Mid-Day Gold & Silver Market Report – 5/22/2014

GOLD & SILVER STAY POSITIVE ON WEAK JOBS REPORT Gold and Silver prices found support yesterday when the minutes were released of last month’s Federal Open Market Committee meeting. The Federal Reserve has no intention of raising interest rates any time soon. Prices also find continuing support from the uncertainty in the Ukraine. Today, Gold and Silver prices spiked ... Read More

Morning Gold & Silver Market Report – 5/22/2014

METALS GAIN DUE TO FED, JOBLESS CLAIMS Precious Metals are gaining in early-morning trading thanks to a renewed commitment by the Federal Reserve to continue supporting the economy. While the Fed is still planning to exit from its quantitative easing program, minutes from the Fed’s April meeting released yesterday revealed the central bank is not ready to raise interest rates. A short-term area of conce... Read More

Closing Gold & Silver Market Report – 5/21/2014

GOLD UNDER PRESSURE AS FED SHOWS NO FEAR OF INFLATION The Gold price is down slightly to end the day following the release of the minutes from the Federal Reserve’s most recent summit.  The text indicated little concern on the part of the Fed for increased inflation stemming from the current pace of monetary stimulus.  With un... Read More

Mid-Day Gold & Silver Market Report – 5/21/2014

GOLD PRICES SLIP DESPITE IMPORTANT NEWS COMING OUT OF INDIA Gold prices remain soft throughout morning trading despite news coming out of India that could very well left Gold prices. India and China buy over 50 percent of the world’s Gold and news broke today that India’s new government is planning to ease Gold import restrictions. In short, this will make it ea... 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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