Our Daily
Market Reports

Morning Gold & Silver Market Report – 12/30/2010

At 8AM (CT) the APMEX precious metal prices were:

  • Gold price - $1,409.30
  • Silver price - $30.64
  • Platinum price -$1,754.80
  • Palladium price - $800.00

 

COMMENTARY: Silver futures were at a 30 year high in early New York trading. Gold appears to be consolidating and awaiting the next news cycle. Palladium just hit $800! The weekly job claims came out at a 29 month low.  Although the holiday season is difficult to use as a barometer, it is still good news to hear. Housing is going to be a big issue next year with many analysts predicting that housing prices will go down.

Gold spot price is down $3.70 – Silver price is down 6 cents – Platinum spot price is down 82 cents – Palladium price is up $4.90

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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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