Daily Gold & Silver Market Report – 4/17/2019
Gold prices see limited gains, held back by stock market wins.
U.S. dollar tries and fails at a full recovery.
South African mining stocks poised for promising future.
The price of Gold briefly moved upward during early Wednesday trading, following significant declines the day before. The Precious Metal has since declined but r... Read More
Daily Gold & Silver Market Report – 4/15/2019
Treasury Secretary Mnuchin gives market confidence a boost by signaling final rounds of U.S.-China talks.
Silver prices testing lower support after a recent rally.
Platinum-Gold spread shows potential for price correction.
The price of Gold went down Monday morning to hit a one-week low amid growing appetites for equities and r... Read More
Daily Gold & Silver Market Report – 4/12/2019
Gold remains stable as investors hopeful for weekly gain.
New momentum for Gold could give traction to Silver, as well.
Buyers finally take interest in Platinum's bargain pricing.
As the U.S. dollar weakened this week, Gold prices remained stable. While spot Gold went down 1 percent the previous session, prices were up Friday m... Read More
Daily Gold & Silver Market Report – 4/10/2019
Price of Gold stable as equity markets pull back.
IMF cuts global economic growth forecast.
Rising Platinum prices may not lead to increased supply.
Gold prices were stable Wednesday morning near a two-week high. This steady position comes as equities markets around the world retreat, following news the International Monetary Fund (IMF) cut growth expectations. IMF released the ... Read More
Daily Gold & Silver Market Report – 4/5/2019
Gold prices continue to drop as stock investors gain confidence.
Price of Silver sees volatility amid new employment data.
U.S. manufacturing companies cut 6,000 jobs in March.
Gold prices declined once again Friday morning as global stocks continued to rise. The U.S. dollar also rose as compared to the Japanese yen. Despite the... Read More
Daily Gold & Silver Market Report – 4/3/2019
Stock markets rally after promising update on U.S.-China negotiations.
Gold prices drop as buyers turn back to equities.
Single-digit increases for Silver could mean decades-long boom.
As stock markets worldwide rallied Wednesday morning, Gold prices sank. The boost for equities comes on the tails of hope the United States and China will soon reach a trade deal. A weaker U.S. dollar, h... Read More
Daily Gold & Silver Market Report – 4/1/2019
Increase in Chinese economic activity hits Gold prices.
Sales of Gold at The Perth Mint skyrocket in March.
Analyst believes Palladium price slump is only temporary.
Monday morning, Gold futures dropped a bit following better-than-expected Chinese economic data. The news from China showed an increase in activity that lifted equity markets and tarnished the appeal of some safe-have... Read More
Daily Gold & Silver Market Report – 3/29/2019
Gold price falls amid U.S. dollar strength.
Palladium bubble may have already burst.
Bitcoin on track for the second month of wins.
The price of Gold was mostly stable Friday morning, poised for the most significant month of losses since August 2018. A stronger U.S. dollar contributed to market pressures, as dollar-denominated Gold... Read More
Daily Gold & Silver Market Report – 3/27/2019
Stronger U.S. dollar sends Gold prices downward.
More bullish signals from Silver markets.
Palladium prices fall, testing support for prices at $1,500.
Spot prices and Gold futures dipped Wednesday morning, pushed down by new U.S. dollar strength. The Precious Metal was held back from further losses due to increased demand for safe-haven assets around the globe. As reported by Read More
Daily Gold & Silver Market Report – 3/25/2019
Growing demand for safe-haven assets boosts Gold prices.
Spot Silver climbs to $15.64 per troy ounce.
Chicago Fed President Charles Evans and other key leaders will speak this week.
The price of Gold was up Monday morning as more buyers turned to safe-haven assets, including Precious Metals. Growing worries over a potential recession have challenged the U.S. dollar and contribut... Read More
Price of Gold unsteady as markets await new Fed policy statement.
India’s demand for Silver expected to rise.
Exchange levels for Bitcoin may be severely over-reported.
The demand for Silver in India is expected to rise this year, as Indian farmers from rural areas begin spending cash handouts distributed by the government. These handouts were meant to aid small local economies ahead of the next general election in India. In a Bloomberg repo... Read More
Daily Gold & Silver Market Report – 3/18/2019
Brexit concerns continue supporting Gold prices.
All Precious Metals, including Platinum, trading up early Monday.
Rate hike patience from U.S. Fed good for Silver.
On Friday, the price of Gold came back to the critical $1,300 per ounce level. This movement followed a statement by China Premier Li Keqiang suggesting ... Read More
Gold higher after dovish policy announcement from Bank of Japan.
Brexit problems move Gold markets closer to rally.
Bitcoin aims at four-week winning streak.
The price of Bitcoin moved up Friday morning, raising the potential for a four-week winning streak. If Bitcoin closes the week above $3,930, it would be the most consecutive weekly gains since early 2018. While Bitcoin prices have stay... Read More
Daily Gold & Silver Market Report – 3/13/2019
Gold dips Monday morning as equity markets gain new support.
New Brexit vote scheduled for Tuesday.
Platinum/Palladium ratio remains wide.
While Silver prices have been stronger, it may be trading into some resistance. Market analyst Paul Robinson, writing for Read More
Daily Gold & Silver Market Report – 3/11/2019
Gold dips Monday morning as equity markets gain new support.
New Brexit vote scheduled for Tuesday.
Platinum/Palladium ratio remains wide.
As equity markets garnered more support Monday morning, Gold prices slipped. The yellow metal dipped to $1,294.22 per troy ounce as of 10:40 a.m. (ET) Monday, following a brief visit a... Read More
Gold prices lift as U.S. jobs report looms.
China’s central bank lowers 2019 growth target.
Bitcoin aims for a fourth day of gains.
Friday morning, Gold prices saw a significant lift for the first time in multiple weeks. This upward movement came as the U.S. dollar slipped downward and market watchers stayed focused on an upcoming jobs report. Signs of a global economic slowdown seem to be rising and new employment data from the United State... Read More
Daily Gold & Silver Market Report – 3/4/2019
Rising Treasuries send Gold prices downward.
U.S. jobs report this week could influence Gold prices.
Study finds increase in global Silver production.
Last week, Gold futures fell more than 1 percent, hitting the lowest price since late J... Read More
Daily Gold & Silver Market Report – 3/12019
Gold spot price sinks as dollar firms up.
Palladium upswing could save South African mining industry.
Facebook rumored to have Bitcoin rival in development.
The price of Gold sank to two-week lows Friday morning as the U.S. dollar gained strength from positive economic data. The losses for Gold were minimized, however, by o... Read More
As the U.S. dollar experiences a bounce-back, Gold prices sank to two-week lows Wednesday. Following remarks from U.S. Trade Representative Robert Lighthizer, many investors lost hope of a fast resolution to trade disputes between the U.S. and China. In a report from Reuters India, Gold futures f... Read More
Daily Gold & Silver Market Report – 2/25/2019
Optimistic news regarding U.S.-China tariff talks boosts Gold spot prices.
Palladium hits record high price.
Silver markets once again show signs of a bullish turnaround.
The price of Gold got a boost Monday morning after news of productive trade negotiations between the U.S. and China. President Donald Trump said he would delay the tariff hike longer than initially stated in ho... Read More
As the U.S. dollar continues to show weakness, Gold prices are poised for a second weekly gain. As of 8:49 a.m. (ET) Friday, Gold futures were up 0.26 percent, while spot prices were up 0.39 percent, according to CNBC. Recent support for Gold was fueled by less-than-positive U.S. economic data and concerns over a slowdown in growt... Read More
For the first time, Palladium prices rose above $1,500 per troy ounce. Investing.com Australia reports this upward movement is primarily due to an ongoing supply deficit. New concerns bubbled up as reports from South Africa, a leading producer of Platinum Group Metals, indicate new challenges for the mining industry. Recent power blackouts i... Read More
Daily Gold & Silver Market Report – 2/18/2019
Gold bullion prices hit a two-week high.
Federal Reserve speeches scheduled for Friday could offer new U.S. policy insights.
Power crisis in South Africa provides new challenge to Precious Metals mining industry.
Gold traded at its highest price in more than two weeks during international trading Monday morning. This upward movement came after the U.S. dollar weakened from rumors the ... Read More
Daily Gold & Silver Market Report – 2/15/2019
The price of Gold and all Precious Metals get boost from Trump's morning speech.
The outlook for Gold prices in 2019 brightens amid changing inflation expectations.
JPMorgan Chase announces its own cryptocurrency.
In a televised speech Friday morning, U.S. President Donald Trump declared a national emergency, calling for the construction of a southern border wall. Following the speech... Read More
Daily Gold & Silver Market Report – 2/13/2019
Hope for U.S.-China trade war resolution challenges Gold price.
The diminishing potential for another government shutdown builds market confidence.
Palladium shortage likely to worsen in the coming year.
As news mounts that the United States and China may finally resolve a months-long trade war, Gold prices are challenged. Precious Metals like Read More
“In 9 out of 11 (almost 82% cases) when Palladium rallied for a week on very strong volume, we saw a decline in Gold shortly,” (FX Street). Palladium has shown unprecedented strength and may signal an increase of interest to the public. More Palladium and Platinum are being used in electric cars and new technology, fueling demand in recent months. Both ... Read More
Daily Gold & Silver Market Report – 2/8/2019
Gold prices move up as U.S. dollar shows signs of weakness.
The U.S. government shutdown did not impact economy as harshly as many predicted.
St. Louis Fed President describes current monetary policy as "restrictive."
As U.S. Treasury yields soften and the dollar shows signs of weakness, Gold prices have again started highe... Read More
Daily Gold & Silver Market Report – 2/6/2019
Gold prices slip as market awaits new statements from the Fed.
Mining association predicts a 7 percent price lift for Silver in 2019.
Weaker rand helps lower costs for South African Platinum miners.
The price of Gold slid downward Wednesday morning as investors await comments from U.S. Federal Reserve Chair Jerome Powell. Wednes... Read More
Daily Gold & Silver Market Report – 2/4/2019
Growing Treasury yields entice buyers away from Gold.
Goldman Sachs reduces Gold price predictions for 2019.
The popularity of American Silver Eagles grows in January.
Greater Treasury Yields Pressure Gold Prices
For the second session in a row, Gold prices went down on Monday morning. Much of this downward pressure comes from... Read More
Daily Gold & Silver Market Report – 2/1/2019
Exceptional jobs report challenges Gold prices.
Former presidential candidate could become Federal Reserve Board nominee.
Gold acquisition by central banks rose substantially in 2018.
Following a better-than-anticipated U.S. employment report, Gold prices dipped slightly. The new data show signs of a robust and active labor market, leading many investors to pause their acquisitio... Read More
Daily Gold & Silver Market Report – 1/30/2018
Gold futures traded at highest price in eight months.
Financial exec believes Palladium is driving Gold higher.
Recent poll reflects expectation that Platinum will continue to struggle.
The price of Gold reached its best level in more than eight months Wednesday morning. As the U.S. Federal Reserve plans to announce new monetary policy decisions, investors expect to hear pr... Read More
Daily Gold & Silver Market Report – 1/28/2018
Gold hits a crucial psychological price level.
Silver follows Gold, potentially ready for a breakout.
U.S. Fed monetary policy news expected Wednesday.
Gold bullion prices reached $1,300 per ounce early Monday, reaching a crucial psychological trading threshold. While the yellow Precious Metal has yet to show a clear breakthrough above this level, analysts are optimistic about t... Read More
Daily Gold & Silver Market Report – 1/25/2018
U.S. dollar weakness gives Gold prices a boost.
Platinum production decreased due to low trade value.
Ongoing government shutdown hits commodities markets worldwide.
Gold futures moved up during early trading Friday, aiming for an overall weekly gain. Meanwhile, the U.S. dollar saw losses driven by economic growth concerns in many major markets around the world. Read More
Daily Gold & Silver Market Report – 1/23/2018
Gold prices stable as investors turn away from riskier assets.
The surge in demand for Palladium could face challenges.
Evidence of a Gold/Bitcoin correlation begins to emerge.
Palladium prices have seen record growth over the last year, trading at a premium to Platinum for several months and recently pricing higher than Gold. An article on Read More
Daily Gold & Silver Market Report – 1/21/2018
Gold prices sink to new low mark for the year.
Silver struggles to hold onto price gains.
U.S. dollar index up with stock markets on holiday.
Prices for Gold fell Monday morning to the lowest seen this year. This drop was motivated by continued investor confidence in riskier investments, as China’s 2018 economic growth slowed to a near-30 year low. Read More
Daily Gold & Silver Market Report – 1/18/2018
Gold pulls back for the second-consecutive day.
Investors remain cautious but optimistic regarding trade war and Brexit negotiations.
Positive trade developments could mean boost for industrial Silver.
With recent statements from the U.S. Federal Reserve that interest rate hikes could stop for 2019, many analysts have predicted a down year for the dollar. This weakening alone could be... Read More
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
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.