by
Peter LaTona
November 24, 2010
At 4PM (CT) the APMEX precious metal prices were:
- Gold price - $1,373.40
- Silver price - $27.61
- Platinum price - $1,660.20
- Palladium price - $699.00
COMMENTARY: The stock market demonstrated strong gains today, while gold and silver pulled back slightly. Dennis Gartman, publisher of the highly respected “The Gartman Letter” came out with his Top 3 trades for 2011 today. Number one was Gold! The US is deploying an aircraft carrier towards the Korean Peninsula. Although there have been no new flare-ups, this will remain an uncertain geopolitical situation for some time.
Gold spot price was down $5.70 – Silver price off 2 cents – Platinum spot price up $2.50 – Palladium price up $5.90
Happy Thanksgiving!
DISCLAIMER:
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.