Our Daily
Market Reports

Closing Gold & Silver Market Report – 11/18/2010

At 4PM (CT) the APMEX precious metal prices were:

  • Gold price - $1,354.50
  • Silver price - $26.99
  • Platinum price – $1,664.80
  • Palladium price -$696.80

 

COMMENTARY: Stocks and commodities climbed today, as Ireland finally concedes it must accept a bailout. The Euro strengthened, driving the US Dollar down and precious metals prices sharply up. Gold spot price was up $16.10 – Silver price up $1.44 – Platinum spot price up $23.90 – Palladium back to near $700 up $42.50

US Half dollar, quarters and dimes minted 1964 or earlier still contained .715 oz of silver per every dollar in face (actual) value. $1000 in any combination have 715 ounces of silver and these coins remain a popular way to invest in the rising silver prices.

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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.

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