Mid – Day Gold & Silver Market Report – 11/5/2010
At 12PM (CT) the APMEX precious metal spot prices were:
- Gold price - $1,394.40
- Silver price - $26.74
- Platinum price - $1,766.40
- Palladium price - $688.20
COMMENTARY: Today's active market is an extension of heavy trading and upward price movement,that has been in play all week. Gold began the morning slightly down and then soon shot up, approaching $1400 before backing down to its current level, which is up $10.10 for the day. Silver approached the magic $27 mark before moving to $26.74, which is up 66 cents for the day.Platinum is up $10.50 and Palladium continues to show strength up $11.40.
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.