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We Moved Our Blog!

3/12/2010 03:53:00 PM, Posted by APMEX, No Comment

We moved the APMEX News Blog to a new address at If you have subscribed to the blog feed service, your feed has already been automatically forwarded, however if you have bookmarked our blog, you will need to update your bookmark link.

Thank you! We look forward to seeing you on our new blog!

Market Recap 3/5/10

3/05/2010 06:28:00 PM, Posted by APMEX, No Comment

The U.S. economy shed an additional 36,000 jobs in February. Although fewer jobs were lost than expected, the unemployment rate remained at 9.7%, according to The Wall Street Journal. An industry report said the U.S. manufacturing sector grew in February but at a slower rate than was expected.

The Commerce Department said on Monday that spending rose 0.5%, increasing for the fourth straight month, reported Reuters. Analysts polled by Reuters had expected consumer spending, which normally accounts for over two-thirds of U.S. economic activity, to increase 0.4% in January. “The message is continuing progress for the economy, if not as fast as hoped,” said Pierre Ellis, a senior economist at Decision Economics in New York.

MSN Money warned this week that the Federal Reserve’s recent increase in the discount rate may mean that higher interest rates are coming. Although the move came sooner than many had expected, it was a step toward more-normal conditions. The Fed stressed that the move doesn’t mean an imminent rise in the more-important federal funds rate. But despite those words, it’s a clear warning from the Fed that near-zero interest rates won’t last forever. This action has led some to speculate that U.S. consumers may begin to feel the pinch of inflation very soon, making precious metals all the more attractive as a hard asset.

Spot gold prices opened this week at $1,119.00. The high during the week was on Wednesday, March 3rd, at $1,145.80, while the low for the week occurred on Monday, March 1st, at $1,112.10. Gold ended the week up $17.20 at $1,136.20. This week, Gold American Eagles, Canadian Gold Maple Leafs, and 1 oz. .9999 Pamp Suisse Gold Bars remained popular with investors.


Spot silver prices opened this week at $16.62. Silver reached a high of $17.52 on Friday, March 5th, while the low for silver occurred on Tuesday, March 2nd, at $16.42. Silver ended the week up $0.80 at $17.42. This week, the most popular silver items included 1 oz. APMEX .999 Fine Silver Rounds, Silver American Eagles, and 1 oz. Silver Buffalo Rounds.

Spot platinum prices opened this week at $1,540.00 and ended the week up $41.90 at $1,581.90. 1 oz. Pamp Suisse Platinum Bars, Platinum American Eagles, and 1 gram Credit Suisse Platinum Bars were popular with platinum investors this week.

Spot palladium prices opened this week at $433.90 and ended the week up $48.50 at $482.40. Popular palladium products this week included 2009 Palladium Canadian Maple Leafs MS-69 NGC and 1 oz. .999 Fine Pamp Suisse Palladium Bars.

Featured Bullion Product:
Each week, APMEX features a different bullion product for the benefit of our readers. This week’s featured product is the Australian Gold Kangaroo from the Perth Mint.

Founded in 1899, the Perth Mint is a world leader in the innovative design and minting of precious metal products. The Perth Mint introduced the Australian Gold Kangaroo/Nugget series of bullion coins in 1987. From its beginning, this issue of coins had two unique features: these coins featured a 'two-tone' frosted design effect, and each coin was sealed in an individual hard plastic case. Issued as Australian legal tender, gold Kangaroos are a favorite with investors worldwide.

At first, the reverse of these coins displayed an Australian gold nugget. Then in 1989, the design was changed to feature a more world-recognized symbol of Australia — the kangaroo. The Australian Kangaroo designs vary every year, making these bullion coins highly sought after as collectibles. Struck from .9999 pure gold, Australian Kangaroos make a great addition to anyone's bullion position.

APMEX offers Australian Gold Kangaroo/Nugget coins in a variety of sizes, including 1 ounce gold coins and fractional gold coins in 1/2, 1/4, 1/10 and 1/20 ounce weights.

APMEX - Watch Less, Plan More With Market Alerts

3/03/2010 04:17:00 PM, Posted by APMEX, No Comment

Free personalized APMEX Market Alerts give you exclusive VIP information – delivered by text message or email!

As an APMEX Customer, you can take advantage of this FREE service – only available at APMEX! We understand that you are busy and we value your time. The market moves quickly and that can be incredibly frustrating at times, especially when you have missed your target prices.

You don’t need to spend your valuable time watching spot metal price movements. We’ll watch the market movements minute by minute for you! When any of your target prices are met, we will immediately text message or email you. This tool helps you uncover those great buying and selling opportunities. With APMEX at your side 24/7, you can buy or sell EXACTLY when the price is right for you.

What are the advantages of APMEX Market Alerts?
  • Sends you text messages or emails when metals reach your target price
  • Helps you maximize your buy-in position
  • Helps you maximize your sell or exit strategy
  • Keeps you on track with your investment goals
  • Allows you to react faster to changes in the market

APMEX Market Alerts are simple to set up and manage. You may create a free account at APMEX or login to your existing account. While on your “My Account” page, click the tab at the top of the page labeled “Market Alerts”. You may then use the drop down menus to select the metal type for your alert, whether you are interested in a price rise or a price fall, and then enter a specific dollar amount in the field.

For example, if you are interested in receiving an APMEX Market Alert email when the price of Gold dips below $1,200.00 per ounce, you should set your Market Alert for Gold: Ask Falls Below: $1,200.00. If you want to know when the price of silver moves up to $16.00, simply set your Market Alert to Silver: Ask Rises Above: $16.00.

It’s that easy! Once you have successfully set up your Market Alerts, we will automatically email you when the precious metal’s spot price meets your specific criteria. This will allow you to make informed decisions about your precious metals trades.

Create your FREE Market Alerts now to start buying low and selling high!