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News and Commentaries
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News and Commentaries

Closing Gold & Silver Market Report – 2/22/2012

by Craig C. Calvin February 22, 2012
GOLD SETTLES AT THREE-MONTH HIGH; SKEPTICISM ON GREECE JUSTIFIED, PIMCO CEO SAYS After a sluggish performance earlier in the day, Gold settled at a three-month high this afternoon. With investors engaging in profit-taking in the wake of fading enthusiasm for Greece’s bailout agreement and the rele... [more]

Mid-Day Gold & Silver Market Report 2/22/2012

by Brandi Brundidge February 22, 2012
GREEK PROTESTS PLANNED; DEFAULT SWAPS ARE CONCERN   Precious metals prices have moved little today with the exception of Platinum’s, which is up considerably since this morning. Platinum’s price has rallied due to a labor dispute at one of the world’s largest Platinum mines, Impala Plati... [more]

Morning Gold & Silver Market Report – 2/22/2012

by Ryan Schwimmer February 22, 2012
GOLDMAN SACHS SEES SLOW U.S. GROWTH, HIGHER GOLD PRICE IN 2012 Precious metals are experiencing mixed trading this morning, with Gold and Palladium relatively flat, Silver down about 1 percent, and Platinum up about 1 percent. For Gold, the concerns over the state of European debt have brought down... [more]

Closing Gold & Silver Market Report – 2/21/2012

by Peter LaTona February 21, 2012
GOLD, SILVER PRICES HEAD HIGHER THROUGH DAY   The headlines give the Greek bailout settlement credit for the big move in Gold and Silver prices today, and that was no doubt a factor. However, the wise investor might look deeper. These prices might reflect a world in constant turmoil, and... [more]

Mid-Day Gold & Silver Market Report 2/21/2012

by Brandi Brundidge February 21, 2012
SILVER PRICE UP 20% IN JANUARY; GREECE DEAL GETS MIXED REVIEWS   Precious metals prices continued to climb this morning. A deal was reached for the Greek bailout package, which encouraged a stronger euro and boosted Gold’s price. Andrey Kryuchenkov at VTB Capital said, “The biggest probl... [more]

Morning Gold & Silver Market Report – 2/21/2012

by Ryan Schwimmer February 21, 2012
PESSIMISM SURROUNDS GREEK BAILOUT; MORE THREATS FROM IRAN European stocks were trading flat this morning, and U.S. stock futures are pointing to a higher opening for Wall Street. Eurozone finance ministers finally approved a second bailout package for Greece late Monday, but pessimism still surroun... [more]

Closing Gold & Silver Market Report – 2/20/2012

by Craig C. Calvin February 20, 2012
GOLD PRICE UP; ISRAEL MULLS ATTACK ON IRAN’S NUCLEAR PROGRAM   Gold prices ended the day up, buoyed by a Chinese cut in lender reserve requirements and optimism in the markets that Greece’s bailout would be approved by eurozone finance ministers. In an e-mail today, William Adams, the he... [more]

Mid-Day Gold & Silver Market Report – 2/20/2012

by Timothy Oakes February 20, 2012
GREEK RESOLUTION SEEMS A DONE DEAL, BUT GAPS WILL REMAIN   Precious metals prices continued to rally today on news that Greek debt resolution deal is almost a formality at this point. Consultant Paul Fertig reiterated that point, saying, “It seems today that eurozone finance ministers wi... [more]

Morning Gold & Silver Market Report – 2/20/2012

by Peter LaTona February 20, 2012
WEEKEND EVENTS PUSH GOLD, SILVER HIGHER   The New York Stock Exchange is closed for President’s Day, but the precious metals market opened at its regularly scheduled time at 5 p.m. (CST) Sunday. Two events over the weekend pushed precious metals prices upward. First, the People’s Bank of... [more]

Closing Gold & Silver Market Report – 2/17/2012

by Peter LaTona February 17, 2012
IS CHINA’S CENTRAL BANK BUILDING GOLD RESERVES?  The first question might be, if the Chinese central bank is increasing Gold reserves, why is this significant? First and foremost, it could have a major effect on Gold prices. The Chinese central bank is the sixth-largest holder of Gold (relati... [more]
DISCLAIMER:

APMEX’s ‘News and Commentaries’ 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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