At 8AM (CT) the APMEX spot prices were:
- Gold - $1,377.90
- Silver - $24.38
- Platinum - $1,711.50
- Palladium - $601.00
COMMENTARY – Overnight, Gold prices reached new all-time highs with gold spot rallying to $1,388.20 per Troy Ounce. Silver also showed remarkable strength climbing to a 30-year high of $24.94. One of the factors continuing to push precious metal prices higher is that the US Dollar index, a measure of the strength of the US Dollar against a basket of six major currencies, hit the lowest price it has seen this year. The Canadian Dollar traded on an equal par basis with the US Dollar for the first time since April of this year.Investors remain worried that the Federal Reserve will continue its quantitative easing policy. Overnight interest from Chinese and Indian buyers continued to push the yellow metal prices even higher.