Mid-Day Gold & Silver Market Report – 3/18/2011

At 12PM (CT) the APMEX precious metal prices were:

  • Gold price -$1,418.40
  • Silver price - $35.13
  • Platinum price - $1,722.70
  • Palladium price - $732.50


COMMENTARY: Gold price is currently up $13.20 – Silver spot price is up 80 cents – Platinum spot price is up $14.80 – Palladium price is up $14.70

Libya responded to the United Nation's declaration of a no-fly zone by declaring a ceasefire. This took place as President Gaddafi became aware that Western airplanes were preparing to attack his forces. Some fighting still persists, but this ceasefire has allowed oil prices to rise and precious metal prices along with it.

The US stock market is still in triple-digit gains, but it has retraced from morning highs. Events in Libya have been positive for stocks and the deteriorating situation in Japan has not knocked them down.

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APMEX’s ‘News and Commentaries’ 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.

US Dollar Prices are in USD

Precious Metal Prices
4/24/2014 12:30:00 AM EST

Metal Bid Ask Change
Gold $1,286.70 $1,288.70 $2.10
Silver $19.42 $19.52 $0.04
Platinum $1,395.30 $1,405.30 $1.40
Palladium $782.80 $787.80 $0.80
4/24/2014 12:30:00 AM EST

Click here for Historical Charts*All Charts are in USD

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