COMMENTARY: It was an up and down trading day for precious metals with gold,silver and platinum finishing slightly off, while palladium finished slightly up. Recent news concerning the Fed QE2, euro debt crisis and the Chinese tightening of their market still persist, but appear to be digested in the pricing. Gold spot price was down $5.50 – Silver spot down 44 cents – Platinum spot price down $8.80 – Palladium up 70 cents
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.
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