Daily Gold & Silver Market Report – 1/16/2018
Gold remains stable amid U.S. government shutdown and Brexit woes.
Analysts say Bitcoin has yet to reach a bottom.
Silver faces challenges above $15 per troy ounce.
Wednesday morning, the price of Gold remained stable, building support mainly from political uncertainty. The unrest stemming from the failure of the Brexit proposal, alongside the ongoing U.S. government shutdown, has man... Read More
Daily Gold & Silver Market Report – 1/14/2018
Slipping U.S. dollar index gives Gold additional lift.
Weak import and export data from China leads to global stock market declines.
Fourth-quarter Wall Street numbers expected this week.
Gold prices eased higher Monday morning amid declines in both global stock markets and the U.S. dollar index. February futures for Gold... Read More
Daily Gold & Silver Market Report – 1/11/2018
Gold poised for a fourth-consecutive weekly gain.
Some investors unwavering in their confidence in the U.S. economy.
Rising Palladium prices too low for substantial supply increase.
Building support from predictions that U.S. interest rate hikes could soon cease, Gold rose again Friday morning. Rising interest rates added stren... Read More
Daily Gold & Silver Market Report – 1/7/2018
After seeing upward movement in Silver prices, the gray metal appeared to test the $15.50 per ounce breaking point. This is a good sign for investors and traders because this trend could continue for days to come. There is significant pressure on the U.S dollar, which is benefiting not just from Silver but other metals too. This rise in prices is a good sign, bu... Read More
Daily Gold & Silver Market Report – 1/7/2018
Gold seems ready for a rebound after Friday's losses.
Palladium price reaches new record high.
Trade and interest rate data scheduled for release this week.
Gold futures traded higher Monday morning following Friday’s significant decline. The drop last week was the biggest single-session slip in two weeks, according to a report published by Read More
Daily Gold & Silver Market Report – 1/4/2018
Gold slightly down but on track for a weekly gain.
Price of Gold remains stable following U.S. jobs news.
Bitcoin rings in new year with new-found stability.
The price of Gold slipped Friday morning following a six-month peak the previous day. At 8:30 p.m. (ET) Thursday, Gold traded at $1,300.52 per troy ounce, the highest level... Read More
Daily Gold & Silver Market Report – 1/2/2018
Investors move away from riskier assets toward Gold.
Silver prices rise above $15.50 per troy ounce.
Bitcoin and other cryptos rally collectively adding $8 billion.
On Monday, Silver spot prices rose above $15.50 per troy ounce. While trading briefly dipped below this mark a few times since then, as of 11:20 a.m. (ET) Wednesday, the white metal was up to $15.68, the highest price of th... Read More
Daily Gold & Silver Market Report – 12/31/2018
Gold prices set to see the first annual decline in three years.
Many analysts predicting bull markets for Gold in 2019.
Growing hybrid car sales good for Palladium.
Gold Positioned for Annual Decline, First in Three Years
Challenged by trade tensions and the U.S. dollar for much of the year, Gold prices early Monday were set for an... Read More
Daily Gold & Silver Market Report – 12/28/2018
U.S. dollar sees losses amid stock market unrest.
Rare coin market in U.S. exceeds $4 billion for 2018.
Palladium shortage could mean continued price gains.
The U.S. dollar lost strength Thursday as high market volatility sent many investors fleeing to safe-haven assets such as Gold. The ... Read More
Daily Gold & Silver Market Report – 12/26/2018
Precious Metal prices rise on new market uncertainties.
Two- to three-year bull market predicted for Gold.
Over 90 fraud cases concerning cryptocurrency filed in the last two years.
The price of Gold reached a six-month high Wednesday, driven by growing concerns of a shaky stock market. Slowing growth around the globe and a U.S. government shutdown gave many investors a push to... Read More
Daily Gold & Silver Market Report – 12/24/2018
Volatility from U.S. government shutdown could boost Gold.
Bitcoin losing support from many on Wall Street.
Stock markets see worst December since the Great Depression.
As the U.S. government shuts down due to disagreements between President Donald Trump and Congress, Gold investors are closely watching the situation. The price of Read More
Daily Gold & Silver Market Report – 12/21/2018
Gold prices see setback but still on track for a weekly gain.
U.S. stock markets open higher after Thursday declines.
Platinum has potential for much growth in 2019.
In early trading Friday, Gold futures backed off from the recent six-month high. In spite of this retreat, the yellow metal is still set to close the week with co... Read More
Daily Gold & Silver Market Report – 12/19/2018
Price of Gold increases ahead of Fed announcement.
Bank of Japan and Bank of England meet this week to decide interest rate policy.
Bitcoin benefits from a three-day rally.
Spot prices for Gold crawled up Wednesday morning toward some of the best rates in almost six months. A weakened U.S. dollar fueled this strength as market... Read More
Daily Gold & Silver Market Report – 12/17/2018
Gold prices lift ahead of Federal Reserve meeting.
Silver, Platinum and Palladium trade higher Monday.
November U.S. housing data could also influence spot prices.
This week is expected to be pivotal for Gold prices, as many market watchers wait patiently for announcements from the U.S. Federal Reserve. Many economists have forecast that the central bank will raise interest rat... Read More
Daily Gold & Silver Market Report – 12/14/2018
Gold price on track to decline for the week.
Palladium sees three days of gains.
Bitcoin could dip below $3,000 soon.
This week, Gold prices have slipped, with a 0.8 percent decrease as of Friday morning. This ebb puts the yellow Precious Metal on track for an overall weekly decline, potentially the biggest of the ... Read More
Daily Gold & Silver Market Report – 12/12/2018
Gold prices stable after U.S. inflation report.
Palladium on track for continued strength.
Silver reaches five-week high.
Silver futures for March delivery were trading higher Wednesday morning, achieving the best price levels of the last five weeks. Michael Seery, principal analyst at Seery Futures, writes on Read More
Daily Gold & Silver Market Report – 12/10/2018
Ongoing stock market losses give Gold a boost.
American Silver Eagles see uptick in popularity for November.
Bitcoin volatility triples in recent weeks.
Last week, investors continued a significant sell-off of stocks, in the U.S. and elsewhere. This ongoing pressure to sell shares has boosted Gold. It is widely known people turn to safe-haven investments such as Precious Metals when ... Read More
Daily Gold & Silver Market Report – 12/7/2018
Weaker-than-expected U.S. jobs report boosts Gold.
Platinum and Palladium prices up in early Friday trading.
Interest in Silver could surge if spot price reaches $15.
Following new U.S. jobs numbers that were weaker than expected, February Gold futures went up 0.4 percent to $1,249.60 per ounce. The weakening U.S. dollar also helped boost Read More
Daily Gold & Silver Market Report – 12/5/2018
Increased demand for Palladium leads to record highs.
Gold declines ahead of new Fed data.
Global stocks decline as trade tensions rise.
For the first time in 16 years, the price of Palladium pushed beyond that of Gold. Driven by industrial demand, Palladium saw several record highs over the past four months, coming strikingly close to parity with Gold on a few occasions. The automoti... Read More
Daily Gold & Silver Market Report – 11/30/2018
U.S. dollar dips amid sell-off, boosting Gold prices.
Palladium sees record high, near parity with Gold.
Investors eased but cautious about the future of U.S.-China tariffs.
On Monday morning, Precious Metals prices were up following a U.S. dollar sell-off driven by news regarding the U.S.-China trade war. At the G20 summit in Argentina, U.S. President Donald Trump and Chinese ... Read More
Daily Gold & Silver Market Report – 11/30/2018
Gold prices slip amid U.S. dollar gains.
Some analysts are still optimistic about Precious Metals in Q1 2019.
The G-20 Summit in Argentina could ease U.S.-China trade woes.
Friday morning, Gold prices fell and may be set for a weekly decline as the U.S. dollar gained strength late in the week and the stock market saw significa... Read More
Daily Gold & Silver Market Report – 11/26/2018
Major U.S. bank predicts higher Gold prices in 2019.
Gold mining on the rise for the next four years.
G20 Summit in Argentina could lead to more market stability.
In a report released Monday, analysts at Goldman Sachs predict a price surge for commodities over the next few months. They forecast this rebound will include Gold a... Read More
Daily Gold & Silver Market Report – 11/21/2018
U.S. dollar index slips, giving Gold prices a boost.
Silver visits highest spot prices since early November.
London market daily Precious Metals trading volume smaller than estimated.
The price of Gold edged up during international trading Wednesday morning. Trade activity was somewhat low as the U.S. Thanksgiving holiday appr... Read More
Daily Gold & Silver Market Report – 11/16/2018
Brexit uncertainty is a boost for Gold prices.
Silver oversold during long-term bear market.
Palladium nearing price parity with Gold.
The price of Gold saw increased traction Friday morning as many investors moved away from risky investments on continued Brexit turbulence. On Thursday, U.K. Brexit Secretary Dominic Raab resigned, leading to further concern over Prime Minister Theres... Read More
Gold sees continued challenges.
Silver down as trade tensions fuel 2019 concerns.
Demand for bullion by central banks grows in Q3.
Investment by central banks in Gold coins and bars has been on the rise in 2018 and this trend continued during the third quarter. Coin World cited numbers from the World Gold Council that indicate global de... Read More
Daily Gold & Silver Market Report – 11/12/2018
Gold prices fall for the third-consecutive session.
Silver, Platinum and Palladium all see declines in spot prices.
U.S. inflation data to be released Wednesday.
Gold spot prices fell again Monday morning for the third-consecutive session. While they are certainly still up from the lows seen in August, the yellow metal is down 8 percent for 2018. The Read More
Precious Metals prices take a hit following Federal Reserve meeting.
U.S. dollar gains momentum as Brexit worries loom.
Mid-term elections could mean a win for Bitcoin.
After news that the U.S. Federal Reserve would deliver another interest rate hike in December, the U.S. dollar rose and Precious Metals took a hit. Gold prices today were at $1,213.30 per ounce as of 10:10 a.m. (ET), w... Read More
Gold prices climb following U.S. mid-term elections.
Palladium spot price sees major Wednesday morning gains.
U,S. Dollar index down amid new market uncertainty.
Wednesday morning, investors sought a safe haven in Gold to hedge against market volatility surrounding mid-term elections in the United States. This movement gave Gold prices a significant boost, reaching $1,230.90 per ounce as of 9:50 a.m. (ET). December Gold ... Read More
Daily Gold & Silver Market Report – 11/5/2018
Price of Gold steady ahead of U.S. elections.
Federal Reserve meeting mid-week could also impact the market.
Producing Bitcoin requires more energy than mining Precious Metals.
As analysts look toward mid-term election results this week, Gold prices showed little change Monday morning. As of 11:45 a.m. (ET), the spot price of Gold was $1,232.50 per ounce. Voters will decide several ke... Read More
Daily Gold & Silver Market Report – 11/2/2018
Gold prices dip amid strong U.S. job growth.
Central bank purchases of Gold still rising.
Platinum trades at the highest range since September.
Friday morning, Gold futures showed small declines after a surprisingly strong October jobs report. Economists predicted a strong jobs report would pressure Gold by supporting the assumption that the Federal Reserve will raise interest rates a... Read More
The London Bullion Market Association, whose membership includes a number of key central banks and financial institutions, recently announced data for September 2018. As cited by an article for Coin World, Silver bullion transfers increased 20.6 percent compared to the previous month. Gold transfers were at the same level as August, seeing no significant flu... Read More
Many central banks around the world have increased their Gold reserves in 2018, a trend that is likely to continue. Earlier this year, Poland and Hungary, two of the biggest economies in eastern Europe, made atypical Gold acquisitions. An article published by Bloomberg observed these purchases&nbs... Read More
Market volatility drives Gold prices up.
Pressures on Gold to Silver ratio could mean a rally for Silver.
Interest grows for classic Gold coins as bullion investments.
Recent instability in the stock market along with U.S. dollar volatility could signal a rally for Silver. As Gold prices rise, and general uncertainty about global trade continues, the Gold to Silver ratio is under significant pressure, which is edging the price of Silver up. Becaus... Read More
Daily Gold & Silver Market Report – 10/24/2018
Even with geopolitical events supporting Gold, Silver has yet to outperform the yellow metal. That is rather unusual, but there is more than meets the eye. "The Silver price also incorporates a less 'speculative' component than Gold. It benefits from considerable industrial demand," (Lombardi Letter). The relationship between Gol... Read More
Daily Gold & Silver Market Report – 10/22/2018
Gold readies for a fourth-straight week of gains.
Developing countries turn to Gold as a safe haven.
Blockchain may soon be key to Precious Metals authentication.
Following three weeks of gains for Gold spot prices, market analysts will keep a sharp eye on the geopolitical climate and equity markets during the coming week. Several significant announcements are expected this week that... Read More
Daily Gold & Silver Market Report – 10/19/2018
Spot prices for Gold see a lift in early Friday trading.
Minutes for September Federal Reserve meeting reflect uncertainty.
Platinum miners increase chrome production to offset waning profits.
On Wednesday, the U.S. Federal Reserve released their September meeting minutes after a three-week delay. Precious Metals investors look to these minutes as critical information for forecasting... Read More
Daily Gold & Silver Market Report – 10/17/2018
Gold holds stable near recent high levels.
The bullish Gold market could signal new hope for Silver.
Despite Bitcoin price correction, more volatility ahead.
The price of Gold stayed relatively unchanged Wednesday morning. Comex Gold futures were up 50 cents at 9:05 a.m. (ET), incredibly close to a recent high mark of $1,236.9... Read More
Daily Gold & Silver Market Report – 10/15/2018
Price of Gold reaches highest levels since July.
European stocks hit a 22-month low.
Rising Gold prices give a boost to Canadian mining stocks.
The price of Gold increased by more than 1 percent during international trading Monday, reaching the highest level in approximately 2 1/2 months. Investors seem to be seeking safety in the Precious Metal as global markets suffer from feuds be... Read More
Daily Gold & Silver Market Report – 10/12/2018
Gold prices dip in early Friday trading.
Silver prices see positive moves Thursday.
Palladium continues to trade at premium to Platinum.
Trading was exceptionally bulling on Thursday for Silver, which got very close to the $14.50 per ounce level. This price is critical for the Precious Metal, as a sweeping selloff occurred from that area earlier this year. According to a forecast pub... Read More
APMEX 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. 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 Market Reports are not intended as a comprehensive discussion and there may be other factors affecting the financial marketplace. These Market Reports are provided for informational purposes only and do not constitute a recommendation by APMEX to hold, purchase or sell any Precious Metal product. All orders, purchases and sales, if any, are subject to the terms of the User Agreement and other applicable policies.