Our Daily
Market Reports

Closing Gold & Silver Market Report – 12/13/2010

  • Gold price - $1,395.20
  • Silver price - $29.59
  • Platinum price - $1,701.30
  • Palladium price – $ 758.00

 

COMMENTARY: Precious metals prices held their early morning gains throughout the day. The driving force was the Chinese decision not to raise interest rates. A weaker US Dollar also factored in to today’s trades. Bailing out Greece and Ireland is one thing, but the real concern is Spain.  If it gets to that, and there are many who think it will, go long gold!

Gold spot price is up $10.30 – Silver spot is up 98 cents – Platinum spot price is up $25.00 – Palladium price is up $25.30

The Black Diamond Gold Buffalo is a true American treasure! If you want at least one gold coin to show your friends and family, this could be the one.

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Disclaimer:
APMEX’s ‘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, 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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