Our Daily Gold & Silver
Market Reports

Mid-Day Gold & Silver Market Report – 12/10/2012

STIMULUS TALKS BOOST GOLD The Gold price is rising for a third straight session as speculators anticipate additional monetary stimulus following the Dec. 11–12 Federal Reserve meeting. Many analysts are expecting the announcement of additional bond purchases to add to the unlimited mortgage backed security purchases program, also known as QE3, announced in September... Read More

Morning Gold & Silver Market Report – 12/10/2012

GOLD STARTS WEEK UP; FISCAL CLIFF FINGER POINTING This week is starting well for Gold prices. As of this morning Gold is on the way up thanks to the United States Federal Reserve’s upcoming meetings on Tuesday and Wednesday of this week. There are rumors that a new round of monetary easing will be announced. “Market expectation is that there could be more ... Read More

Weekly Gold & Silver Market Recap — 12/7/2012

GOLD STARTS AND ENDS WEEK WELL: After last week’s dip in the Gold market, Monday showed Gold starting December strong on positive manufacturing news from China, regaining some of the footing lost in November. The data from a private manufacturing purchasing-managers index came in slightly stronger than anticipated. In addition, Gold could stabilize after last week’s s... Read More

Mid-Day Gold & Silver Market Report – 12/7/2012

BI-PARTISAN BICKERING ON “CLIFF”; GOLD SET FOR WEEKLY LOSS Political disagreements are fast becoming a constant in today’s world. Republican leader John Boehner accused President Obama of “slow walking” the economy to the edge of the fiscal cliff. He was quoted saying, “It's time for the president, if he's serious, to come back to us with a counteroffer... Read More

Morning Gold & Silver Market Report – 12/7/2012

SILVER GAINING TRACTION AS INVESTMENT ASSET All eyes were on the jobs report this morning, with expectations of just 80,000 to 93,000 jobs added in November. When the report came out, it showed that 146,000 jobs had been added and the unemployment rate dropped .2 percent down to 7.7 percent. Hurricane Sandy was expected to have more of a negative impact on the report, but the Labor Department said that ... Read More

Closing Gold & Silver Market Report – 12/6/2012

INVESTORS AWAIT JOBS REPORT DATA AND FISCAL CLIFF DECISION It appears that investors patiently await imperative data and decisions, such as tomorrow’s U.S. nonfarm payrolls data and the decision on the fiscal cliff that is approaching at the end of December. Today, European Central Bank President Mario Draghi confirmed that the eurozone requires a suitable fiscal policy be in place to begin growi... Read More

Mid-Day Gold & Silver Market Report – 12/6/2012

BARGAIN HUNTERS, ECB BOOST GOLD AFTER TWO DAYS OF LOSSES Following two straight sessions of losses, Gold is up slightly. Bargain hunters who have purchased on the recent dips along with meager economic forecasts by the European Central Bank (ECB) are the cause of the modest rebound. After losing 1.6 percent over the past two days, Read More

Morning Gold & Silver Market Report – 12/6/2012

ECB HOLDS LOW RATES; U.S. JOBLESS CLAIMS DROP The European Central Bank held interest rates to a record low of 0.75 percent Thursday. This move hinted at the possibility of cuts next year. Recent policymakers’ comments have suggested that rate cuts are not likely in the near future; however, some have speculated that cuts might happen in March.  U.S. stock futures stayed mostly unchanged a... Read More

Closing Gold & Silver Market Report – 12/5/2012

CONFIDENCE IN “CLIFF” RESOLUTION BOOSTS STOCKS; PHYSICAL GOLD DEMAND STILL STRONG Precious Metals have ended the day flat while the Dow Jones Industrial Average rallied on news that officials in Washington are making bipartisan strides to avoid the dreaded fiscal cliff. “You get the impression that there’s movement in Washington, that positions are not ideolog... Read More

Mid-Day Gold & Silver Market Report – 12/5/2012

CENTRAL BANKS CONTINUE TO BUY GOLD; SPAIN BRINGS DOWN EURO Gold’s unpredictable market price this year has not stopped many of the world’s largest central banks from buying in massive numbers. The Bank of Korea was the latest to add to their Gold holdings by adding 14 metric tons in November. Central banks make these moves to protect th... Read More

Morning Gold & Silver Market Report – 12/5/2012

STRATEGISTS: GOLD, SILVER LOSSES WILL BE SHORT-LIVED Gold & Silver prices are rising this morning, recovering from losses earlier this week. Strategists at Deutsche Bank believe that, due to the U.S. dollar’s recent performance, losses in those metals will not last. Their belief is that currency markets have not shown that investors ... Read More

Closing Gold & Silver Market Report – 12/4/2012

GOLD DROPS MORE THAN ONE PERCENT; OUTLOOK FOR 2013 Today’s Gold market ended at its lowest point since November 4, dropping more than one percent of its total value. There have been multiple factors that attributed to the move, such as the United States’ inability to deal with the budget crisis and the major sell-off of Gold by investors in the past week. ... Read More

Mid-Day Gold & Silver Market Report – 12/4/2012

INVESTORS SELLING OFF GOLD AT YEAR END; CHINA’S ECONOMY UPBEAT Gold has dropped as analysts are under the assumption there was a large fund account that was traded to short the market during Asian trading hours. Gold has experienced an 8 percent year-to-date gain, and as the end of the year approaches, many investors are taking new positions, ... Read More

Morning Gold & Silver Market Report – 12/4/2012

METALS DOWN ON TECHNICAL TRADING Precious Metals are trading lower this morning, with Gold and Platinum down approximately 1.5 percent, Palladium down one percent and Silver down more than two percent. Analysts at UBS explained that “taking positions ahead of key policy decisions – with the [Federal Open Market Committee] meeting next week and the ongoing negotiation on the fiscal cliff – has become inc... Read More

Closing Gold & Silver Market Report – 12/3/2012

GOLD ON RISE AFTER SELLOFF; GLOBAL ECONOMY SHOWING RECOVERY Gold is on the move as investors flock back to the metal after last Friday’s selloff. “[For] a lot of commodity firms, their fiscal year ended in November, December starts another year, and these guys could have liquidated some [Gold positions] and they could be re-establishing right now,” Phil Streible, senior commodities broker at RJO Futures, said. Read More

Mid-Day Gold & Silver Market Report – 12/3/2012

PRECIOUS METALS UP SLIGHTLY ON GLOBAL INDUSTRIAL DATA Gold is up to start December following a 0.5 percent drop over the month of November. United States manufacturing activity fell last month to its lowest level since July 2009. Though U.S. industrial output faltered in November, China posted stronger-than-expected production data for the month. Global increases in... Read More

Morning Gold & Silver Market Report – 12/03/2012

GOLD STARTS DECEMBER STRONG The Gold price started December strong on positive manufacturing news from China, regaining some of the footing lost in November. The data from a private manufacturing purchasing-managers index came in slightly stronger than anticipated. In addition, the Gold price could stabilize after last week’s sell off. A strategist at ... Read More

Weekly Gold &Silver Market Recap – 11/30/2012

GOLD LOWERS IN SELL-OFF: The week started off well for Gold. As of Monday morning Gold prices stayed near five week highs in overnight trading even after the dollar strengthened. Edel Tully, an analyst at UBS AG in London said, “The uncertainties surrounding the euro group meeting on Greece have impacted the euro-dollar and in turn Gold.” However, by th... Read More

Mid-Day Gold & Silver Market Report – 11/30/2012

HOME PRICES ON THE RISE; GOLD SET TO GAIN Home prices rose in September, sending a signal that the housing market is showing signs of a recovery.The S&P/Case-Shiller home-price index was released this week, showing that “prices gained 3 percent over the past 12 months.” The Gold price has held mostly steady Friday with a recent dip as U.... Read More

Morning Gold & Silver Market Report – 11/30/2012

ANALYSTS ASSERT ‘GOLD REMAINS IN HIGH DEMAND’ Gold is looking to end the month of November on the positive side despite being down in early trading today. Analysts at Commerzbank said that one bullish sign for Gold’s price is the number of investors interested in not only physical metals, but exchange-traded funds (ETF) as well. “ETF investors … are proof that Gold remains in high demand as a store of va... Read More

Closing Gold & Silver Market Report – 11/29/2012

GOLD SLOWLY RECOVERS; DO BRITISH BANKS HAVE ADEQUATE CAPITAL PROTECTION? Gold is slowly recovering today after yesterday's profit taking took the metal’s price down. The price of Gold has increased more than 10 percent for the year so far as investors have flocked to the yellow metal as a safe haven. Jeff Kilburg, CEO of Killir Kapital Management believes the... 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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