Our Daily
Market Reports

Mid-Day Gold & Silver Market Report –4/14/2014

GOLD & SILVER PRICES MAINTAIN MORNING MOMENTUM

Gold futures are heading to their highest close in three weeks. Combinations of investor skittishness about events unfolding in Ukraine and the sharp stock sell-off last week are keeping Gold prices up. It is interesting to note that Gold and Silver remain positive despite a rebounding equity market. Palladium has been in the spotlight as of late. Concerns about Russian Palladium supplies are driving prices to their highest level in two years.

The stock market is up over 100 points, as the U.S. retail sales rose 1.1% in March. This supports speculation that the economy is shaking off the effects of a cold winter. March results are the strongest gains since September 2012. “The overall tone of this report was unambiguously constructive, underscoring that U.S. consumers are back in the game after the weather-induced slump in spending in earlier months,” Millan Mulraine, economist at TD Securities, said. It is significant to note that auto sales were up 3.1% in March. Platinum and Palladium prices are correlated to the health of the automobile industry.

At 12:00 p.m. (ET), the APMEX Precious Metals spot prices were:

  • Gold, $1,328.40, Up $7.40.
  • Silver, $20.04, Up $0.05.
  • Platinum, $1,467.70, Up $5.10.
  • Palladium, $812.80, Up $5.00.

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.

AURIC