Daily Gold & Silver Market Report – 09/21/2018
Gold on track for weekly gain in early Friday trading.
Dollar index stays strong as tariffs more modest than expected.
Palladium enjoys 7-week winning streak.
Gold acquisition from central banks on the rise.
The price of Gold lost a bit of strength in early trading Friday but is still on track for an overall gain this week. This narrow slip came amid continued worries regar... Read More
Daily Gold & Silver Market Report – 09/19/2018
Gold prices up amid growing trade war concerns.
Silver’s discount to Gold grows deeper.
Platinum and Palladium see strength Wednesday morning.
Bitcoin watchers await SEC news.
Gold prices went up Wednesday morning as the dollar weakened. This is an indicator of growing concerns about the ramifications of the U.S.-China trade disputes and the potential effects on the g... Read More
Daily Gold & Silver Market Report – 09/17/2018
Price of Gold sees a lift in Monday morning trading.
China could refuse further trade negotiations with the U.S. due to a threat of tariffs.
Overproduction from Platinum mines could lead to long-term low prices.
Economists predict a three-year slump for Platinum.
On Monday, the price of Gold again topped $1,... Read More
Daily Gold & Silver Market Report – 09/14/2018
Earlier this month, the U.S. Mint ran out of 2018 Silver Eagle bullion coins following a temporary sellout. This increased demand is primarily due to the current, multi-year low market price for Silver. The mint released a statement September 6, announcing new stock would be produced. According to Read More
Daily Gold & Silver Market Report – 09/12/2018
Since June, the price of Silver has dropped significantly. Overall, Silver spot prices have gone from $17.35 to $13.91 per ounce, a 19.8 percent decline in three months. According to Seeking Alpha, the chance for more price volatility in the market is rising. If Silver drops below a level last reached December 2015, there ... Read More
Daily Gold & Silver Market Report – 09/10/2018
The price of Gold and several other metals ended weaker last week, under pressure from a positive jobs report in the U.S. on Friday, and President Trump’s determination to add tariffs to another $267 billion in Chinese goods. On Friday, Gold for September delivery fell to $1,293.60 an ounce on the COMEX division of the New York Mercantile Exchange. P... Read More
Daily Gold & Silver Market Report – 09/07/2018The price of Gold climbed higher Thursday, motivated by a weakening U.S. dollar. Short covering and increased buying in Asia also contributed to the increase. Quoted in a report published by Reuter... Read More
Daily Gold & Silver Market Report – 09/05/2018
The price of Gold lifted slightly in early trading Wednesday, getting strength from technical buying by those concerned about rising inflation in emerging economies. The modest gains were constrained by a rising U.S. dollar, gaining momentum again from global worries over international trade wars. As reported by Read More
Daily Gold & Silver Market Report – 08/31/2018
The price of Gold saw its low for the week Thursday, dipping below that $1,200 per ounce mark. While it experienced a slight rebound in early trading Friday, prices are still down more than 1 percent for the month, with August poised to end with a five-month decline in Gold prices. That would be the longest streak of losses since 2013, according to Read More
Daily Gold & Silver Market Report – 08/29/2018
The price of Silver has been stable this week, as it continues to rebound from recent lows. As pointed out in Money Morning, Silver seems to have formed a new, higher low following a brief plateau. Last week, at a meeting of central bankers in Jackson Hole, Wyom... Read More
Daily Gold & Silver Market Report – 08/27/2018
In early trading Monday, Gold prices slipped after on overall advance of 2.5 percent last week. The U.S. dollar showed signs of weakening late last week amid new reports from the Federal Reserve regarding interest rates. Summarized in a release on Ma... Read More
Daily Gold & Silver Market Report – 08/24/2018
During international trading Friday, Gold prices showed small gains but failed to break the $1,200 per ounce threshold. Spot prices for Precious Metals are still pinned down as the world awaits an update on U.S. interest rates and economic data from Federal Reserve Chair Jerome Powell. According to Read More
Daily Gold & Silver Market Report – 08/22/2018
Due to the ongoing strength of the U.S. dollar, commodities trading in dollars have had a tough year, including Silver. Since May 2018, the Bloomberg Commodity Index has dropped 9.9 percent, a decline that began just as the trade dispute between the United States and China gained momentum. However, Read More
Daily Gold & Silver Market Report – 08/20/2018
The price of Gold rose during international trading Monday as hopes of easing tensions between China and the U.S. began to spread. These hopes put pressure on the U.S. dollar, increasing demand for Precious Metals that already improved after the price of Gold hit 19-month lows. According to a report in Read More
Daily Gold & Silver Market Report – 08/17/2018
This week's collapse of the Turkish lira caused a landslide for Platinum prices, reaching the lowest levels seen in 10 years. These events , in turn, weakened the currency of South Africa, the world’s leading producer of Platinum Group Metals (PGMs). The tumble comes amid ongoing issues for Platinum miners dealing with an oversupply in the automo... Read More
Daily Gold & Silver Market Report – 08/15/2018
Gold prices continued their slide as the U.S. dollar strengthened. "Gold remained lower after a trio of economic reports on retails sales, productivity and regional manufacturing hit. The data did little to dissuade market expectations for continued U.S. interest-rate hikes this year and next, a negative factor for nonyielding bullion" ( Read More
Daily Gold & Silver Market Report – 08/13/2018
The price of Gold slipped during international trading Monday, falling $0.57 globally. This decline follows the global trend of weak prices as demand continues to slide. Low demand for Gold from jewelers as well as retail outlets over the last year has been a challenge for the Precious Metal. Silver prices did see an early increase due to a lift in sales from the in... Read More
Daily Gold & Silver Market Report – 08/10/2018
For several consecutive months, Silver prices have dipped to near-record lows. This week, Silver continued its overall decline but some analysts view this as a great investment opportunity for long-term investors. As observed by Moe Zulfiqar on Read More
Daily Gold & Silver Market Report – 08/08/2018
In early international trading Wednesday, Gold prices remained steady after rising slightly in the previous session. This week, the U.S. dollar has softened compared to both the euro and Chinese yuan. All of this comes as the United States starts to collect a 25 percent tariff on another $16 billion worth of Chinese good. According to Read More
Daily Gold & Silver Market Report – 08/06/2018
Increased volatility is expected in the upcoming week, caused in part by lack of Gold bullion liquidity. According to a forecast published by Investopedia, this could be especially true if U.S. inflation reports this week are stronger than predicted. The significant influence of dollar trend... Read More
Daily Gold & Silver Market Report – 08/03/2018
Gold investors have had a challenging year, with a series of sharp downturns in the price of the bullion this year. Gold spot prices have gone down 8 percent in the most recent three month period and nearly 11 percent overall since the beginning of 2018. The U.S. dollar has gained 7 percent during the same window, compared to other g... Read More
Daily Gold & Silver Market Report – 08/01/2018
Pressure continues for Gold prices this week, and several news sources published reports that the Trump administration has discussed increasing the proposed 10 percent tariffs on Chinese goods. Tariffs of up to 25 percent on $200 billion worth of commodities from China are now being considered. Much of the discussion regarding the global economy has focused on tensions... Read More
Daily Gold & Silver Market Report – 07/30/2018
The spot price of Gold remained mostly steady in early trading Monday, just ahead of a scheduled meeting of the U.S. Federal Reserve, where new clues about interest rates are expected. U.S. interest rates and the strength of the U.S. dollar are critical influencers of Precious Metal prices. Analysts project the two-day meeting of the Fed will maintain interest rates fo... Read More
Daily Gold & Silver Market Report – 07/27/2018
According to the Russian Central Bank, reserves of the U.S. dollar have shrunk considerably this year, from $96.1 billion in March to just $14.9 billion in May. According to information published by Nasdaq, Central Bank of Russia Governor Elvira Nabiullina said this move was made in an effort to diversify assets and protec... Read More
Daily Gold & Silver Market Report – 07/25/2018
In recent weeks, sentiment for Gold investing has reached bearish lows. Many analysts see the strong U.S. dollar as the prime reason for summer’s sharp declines in Gold prices. However, the Dow-to-Gold ratio is very high, which some say implies better Gold futures and Gold prices may be on the horizon. Gold's ultra-low values this week, compared to stock market p... Read More
Daily Gold & Silver Market Report – 07/20/2018
Although financial institutions have re-evaluated average Gold prices for the year due to significant losses during the second quarter of 2018, prices are expected to bounce back soon. In a poll of analysts and traders conducted by Read More
Daily Gold & Silver Market Report – 07/20/2018
In the past, investors have turned confidently toward Gold during trade wars, but the tipping point has not yet occurred in 2018. Other reasons cited for recent low prices include low physical demand and rising U.S. interest rates. As reported by CNBC's Suki Cooper, who analyzes the Precious Metals markets for Standard ... Read More
Daily Gold & Silver Market Report – 07/18/2018
Gold continues to fall, reaching the lowest prices seen in the last year. Gold has experienced market pressure over the past few months, held back by a strong U.S. dollar and declining oil prices. This new record low, however, leads some analysts to believe spot prices for Gold bullion may be close to bottoming out. U.S. Gold futures for August are also slightly down. Read More
Daily Gold & Silver Market Report – 07/16/2018
The escalating trade battle between the United States and China has led to the most robust U.S. dollar strength in nearly a year but sent Gold prices to a six-month low. The strong dollar and the Federal Reserve’s quantitative normalization policy contributed to the lowest Gold trading numbers seen in 2018. While President D... Read More
Daily Gold & Silver Market Report – 07/13/2018
On June 14, Silver reached $17.43 per ounce but it has been a steady downhill slide since. “The recovery of the dollar, more hawkish monetary policy, and trade issues that have caused bearish price action on other Precious Metals have taken the spotlight off the typically volatile Silver market” ( Read More
Daily Gold & Silver Market Report – 07/11/2018
Peter Krauth, a resource specialist for Money Morning, believes the recent Federal Reserve interest rate hike may have been a turning point for the dipping price of Silver. With the Silver futures market botto... Read More
Daily Gold & Silver Market Report – 07/09/2018
Over the weekend, Gold prices came to their highest level in nearly two weeks as the U.S. dollar slid to a weaker position and trade tensions continued. Gold futures for August also traded higher. Silver, Platinum and Palladium also reached unexpected one-week highs. In a report published by Read More
Daily Gold & Silver Market Report – 07/06/2018
Shares in Gold mining and Silver mining have continued to suffer from a lack of attention by mainstream investors in the current bull market. As noted in a report from Seeking Alpha, many world investors seem convinced the current bull economy in the U.S., now nine years running, will lead... Read More
Daily Gold & Silver Market Report – 06/29/2018
Amid weaker U.S. dollar values on the price of Gold recovered slightly, following months of decline. Analysts for London’s financial journal, Business Day, have continued to voi... Read More
Daily Gold & Silver Market Report – 06/27/2018
While the price of Silver bullion is down considerably for the year, select mining stocks are performing well, with relatively low levels of decline. New Pacific Metals, SilverCrest Metals and Arizona Mining are among stand-out performers, according to a recent report in Seeking Alpha Read More
Daily Gold & Silver Market Report – 06/25/2018
Gold prices weakened again last week due to publicly volatile international trade negotiations. New data on U.S. customer confidence is expected Tuesday, with a final Q1 GDP release later in the week. This data will be scrutinized by industry leaders and investors, as pricing trends and interest rates will likely be affected. According to an article by Read More
Daily Gold & Silver Market Report – 06/22/2018
Prompted by public arguments between trade leaders in the U.S. and China, many investors have turned to traditionally low-risk investments such as the U.S. dollar, Japanese yen and Treasuries. Historically, Gold investments also increase during turbulent times, but many investors seem to be overlooking this convention... Read More
Daily Gold & Silver Market Report – 06/20/2018
Following five years of declining profits, some analysts predict the Canadian Gold Mining industry will grow next year. Top mining companies in Canada have increased 2018 spending for exploration and process development, aided by increased cash flows. This influx of funds is a result of recent increases in Gold investments. As the price of ... Read More
Daily Gold & Silver Market Report – 06/18/2018
Heraeus, a German technology company with operations in a variety of innovation and entrepreneurial sectors across the globe, announced plans last week to open a Precious Metals refinery in Nanjing, China. As reported in Mining Global, the location will also operate a Platinum, Read More
Daily Gold & Silver Market Report – 06/15/2018
On Wednesday, the Federal Reserve raised the interest rate, which some experts predicted would lead to a decline in Silver prices. However, Silver continued to climb in price, appreciating more than 5 percent over the past few trading sessions. As reported by 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.