Our Daily
Market Reports

Mid-Day Gold & Silver Market Report – 11/11/2013

POLITICAL BATTLES STILL A MAJOR FOCUS FOR INVESTORS

Gold and Silver prices have remained mostly flat in morning trading. Although Friday’s payrolls report caused a selloff of Gold, many investors are looking forward to the political battles that await the U.S. in early 2014. INTL FCStone analyst Edward Meir said, “We think that the Fed will likely stand pat [on monetary policy] in December, as investors have yet to discount the inevitable political bickering that will soon arise ahead of the January/February debt and budget deadlines and perhaps prompt the central bank to hold its fire.”

U.S. stocks are mostly flat as well, with the Dow Jones Industrial Average and S&P 500 fluctuating between gains and losses. The record rally in the stock market is expected to continue, according to Rockwell Global Capital chief market economist Peter Cardillo. “I think the market will continue to rally, with some intraday corrections, but my target remains 1,800 on the S&P by year end,” Cardillo said.

At 1 p.m. (ET), the APMEX Precious Metals spot prices were:

  • Gold, $1,283.40, Down $3.20.
  • Silver, $21.36, Down $0.01.
  • Platinum, $1,434.70, Down $9.20.
  • Palladium, $755.70, Down $3.20.

APMEX’s Account Managers now have extended hours Mondays through Thursdays and are here to serve you until 8 p.m. (EDT)! Or call us Fridays until 6 p.m. (EDT)! If you have any questions about investing in Precious Metals or simply would prefer to place your order by telephone, we are here to help.

« Return to Commentaries

World Market Trading Hours

Our spot prices are subject to change during the following hours, excluding holidays:

 
Gold
Silver
Platinum
Palladium
COMEX &
NYMEX Markets
Monday-Friday
8:20AM-1:30PM
Monday-Friday
8:25AM-1:25PM
Monday-Friday
8:20AM-1:05PM
Monday-Friday
8:30AM-1:00PM
CME Globex
World Markets
Monday-Friday
6:00PM-5:15PM
Monday-Friday
6:00PM-5:15PM
Monday-Friday
6:00PM-5:15PM
Monday-Friday
6:00PM-5:15PM

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.

Back To Top

Items In Cart


There are no items in the cart.

PLATINUM