Our Daily Gold & Silver
Market Reports

Mid-Day Gold & Silver Market Report – 2/11/2013

GOLD TO EXPECT SECOND HALF BOOST ON GLOBAL CURRENCY WAR? Gold and Silver are trading lower today as concern over currency competition has weighed heavily on commodities markets. Investors are awaiting a statement from the Group of 20 nations (G20) who are meeting this week to discuss global exchange troubles. Along with the United States’ quantitative easing strategy... Read More

Morning Gold & Silver Market Report – 2/11/2013

DOW STARTS STRONG; ASIAN NEW YEAR SLOWS GOLD SALES The U.S. economic calendar is clear today as investors look forward to President Barack Obama’s State of the Union address Tuesday night. Ahead of that and Wednesday’s release of January retail sales data, the market is starting strong. Rockwell Global Capital’s Chief Market Economist P... Read More

Weekly Gold & Silver Market Recap – 2/8/2013

GOLD OUTLOOK POSITIVE IN FLAT MARKET This week was lacking any major events to drive the Gold prices up or down, keeping the price of Gold within a tight range all week. Even without any major market indicators, many economist are very positive on Gold investing. In a recent interview with CNBC Harry Colvin, director and senior economist at Longview Economics said, ... Read More

Mid-Day Gold & Silver Market Report – 2/8/2013

ECB CHIEF COMMENTS TIE GOLD TO EURO Precious Metals prices continued to trade in a tight range this morning with very little movement in either direction. After yesterday’s statements by European Central Bank chief Mario Draghi that the central bank will keep interest rates low and that there are downside risks to the economy in the eurozone, the Gold price remains closely tied to the euro. “Investor ri... Read More

Morning Gold & Silver Market Report – 2/8/2013

PLATINUM TO OUTPERFORM GOLD? Precious Metals prices are relatively flat this morning, following the euro’s lead, as has been the case recently. The Platinum price, however, seems to be getting more attention from analysts. Strategists at Commerzbank said, “Given the concerns about further production losses in South Africa, we expec... Read More

Closing Gold & Silver Market Report – 2/7/2013

GOLD DROPS AFTER PESSIMISTIC VIEWS FROM ECB PRESIDENT Gold fell slightly today once European Central Bank (ECB) President Mario Draghi created concern in the market from his negative comments. Draghi believes that the eurozone economy will not show growth until later in 2013, saying Europe has more negative risks than positive at this time. “Gold showed resilience even as the dollar strengthened ... Read More

Mid-Day Gold & Silver Market Report – 2/7/2013

GOLD, EQUITIES DOWN FOLLOWING UP & DOWN MORNING Gold is back down at mid-day today in turbulent trading that has seen the price fluctuate throughout the morning. “Gold is experiencing a volatile day,” Jeffrey Wright, managing director at Global Hunter Securities, said. Prices saw a large trading range “due to positive economic updates from ECB President Draghi ... Read More

Morning Gold & Silver Market Report – 2/7/2013

EUROPEAN CENTRAL BANK KEEPS RATES LOW The ECB met overnight Thursday deciding to keep its main interest rate at 0.75 percent. Economists speculated last week that the ECB wouldn’t change rates till Summer 2014. The ECB made no other monetary policy decisions, but investors are looking to see how much further the euro can rise before the ECB needs to be worried. Read More

Closing Gold & Silver Market Report – 2/6/2013

GOLD, STOCKS STAGNATE AS PLATINUM SURGES Gold continues to hover inside a narrow range as a low volume trading day has kept the price fairly flat. The upcoming European Central Bank meeting and recent pressure on equities markets have failed to cause significant price movement for the yellow metal. However, as Gold stalled today, the Platinum price is up 1.5 percent... Read More

Mid-Day Gold & Silver Market Report – 2/6/2013

GOLD PRICE HOLDS STEADY AS DEMAND STAYS UP The price of Gold has remained relatively flat today. It has raised a small amount on news out of Europe concerning more negative economic reports. A major issue facing the Precious Metals market is a lack of direction. The reports from the United States show an improvement in many major areas such as employment and durable goods, however, looming budget cuts at the firs... Read More

Morning Gold & Silver Market Report – 2/6/2013

BOND-FUND CHIEF PICKS GOLD Precious Metals prices are fluctuating this morning, with Gold flat, Silver and Palladium down, and Platinum up more than one percent. PIMCO’s Bill Gross picked Gold as his Number One investment for 2013. He said, “The real risk to the financial markets is the marginal proclivity of investors to put their money in real assets, or under the mattress. Read More

Closing Gold & Silver Market Report – 2/5/2013

GOLD PRICE LOWERS ON POSITIVE ECONOMIC REPORTS New reports today from major economies around the world shed a positive light on the economic outlook. The United States, China and the United Kingdom saw an expansion in their respective service industries. “We are starting to see more evidence of an improving labor market.... Read More

Mid-Day Gold & Silver Market Report – 2/5/2013

ECONOMIST FORESEES GOLD RETURNING AS OFFICIAL FINANCIAL ASSET Analysts are trying to identify Gold’s next move and what might trigger it. “Gold is historically positively correlated to the euro,” Precious Metals strategists at HSBC said. “The bullion market may focus on the upcoming European Central Bank meeting and its corresponding euro reaction, we b... Read More

Morning Gold & Silver Market Report – 2/5/2013

PHYSICAL DEMAND SUPPORTS GOLD PRICE; NEXT CRISIS CAUSED BY THE DOLLAR The Gold price is relatively flat this morning, while the Silver price is enjoying a modest gain. To go along with physical demand of the metal, “Gold has been following the euro/dollar movements, which are playing a big part on an intraday basis,” according to Standard Bank’s Walter de Wet. He continued, “On a more fundamental side, ... Read More

Closing Gold & Silver Market Report – 2/4/2013

GOLD FINDS SUPPORT; U.S. STOCK MARKET IMPACTED BY EUROPE Gold received support today from the Chinese New Year that begins Saturday, Feb. 9, which is providing demand for the yellow metal. “Physical demand is reasonably good because the Chinese New Year is round the corner and will continue to hold the market this week, but next week Asian markets will be on holidays and that source of support will disappear,” Bernard Sin, senior vice president at MKS SA, said. “ Read More

Mid-Day Gold & Silver Market Report – 2/4/2013

GOLD UP SLIGHTLY WHILE S&P REALIZES LARGEST DIP OF 2013 The Gold price is trickling up today, though recent U.S. economic recovery data has temporarily stalled the climb of the yellow metal. The Gold price has remained trapped in a tight range over the last several weeks. Chen Min, an analyst at Jinrui Futures, said, “Unless we see surprisingly good news for Gol... Read More

Mid-Day Gold & Silver Market Report – 2/4/2013

GOLD UP SLIGHTLY WHILE THE S&P REALIZES ITS LARGEST DIP OF 2013 The Gold price is trickling up today, though recent U.S. economic recovery data has temporarily stalled the climb of the yellow metal. The Gold price has remained trapped in a tight range over the last several weeks. Chen Min, an analyst at Jinrui Futures said, "Unless we see surprisingly good ... Read More

Morning Gold & Silver Market Report – 2/4/2013

POLITICAL TURMOIL RETURNS TO EUROPE; GOLD POISED FOR MORE GAINS Investors have their eye on Europe as there are signs of returning political turmoil. Spanish government bonds rose as Spain’s prime minister is working to contain a corruption scandal. Later this month, Italy will have a general election, and investors will watch the actions of that new government. There is concern the next government will change economic measures already in place. Read More

Weekly Gold & Silver Market Recap – 2/01/2013

GOLD ENCOUNTERS SOME KEY FACTORS THIS WEEK The week began with a slight downward movement in Precious Metals prices as the U.S. dollar regained some ground against foreign currencies. The market anticipated a shift in prices from a heavy slate of U.S. data that was released throughout the week along with the Federal Reserve announcement on further stimulus measures. In... Read More

Mid-Day Gold & Silver Market Report – 2/01/2013

SENATE SUSPENDS DEBT CEILING, DOW BREAKS 14,000 The U.S. Senate approved legislation today suspending the debt ceiling until May 18, 2013. This gives the U.S. the ability to borrow any amount until that day in May. Those additional debt obligations will be added to the current debt limit of $16.4 trillion. This brings to light the March 1 deadline for sequ... Read More

Morning Gold & Silver Market Report – 2/1/2013

JOBS DATA DISAPPOINTS AS UNEMPLOYMENT RISES Gold and Silver prices jumped this morning after the release of U.S. payrolls data. In a report before the release, UBS said, “Current price levels, which are essentially where Gold hovered before the U.S. GDP print, suggest that expectations are once again skewed towards positive payrolls figures.” The prices of... 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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