Mid-Day Gold & Silver Market Report – 1/19/2012


Mixed economic data in the United States sent precious metals prices lower in morning trading. Weekly jobless claims figures came in much lower than expected and inflation is still under control, but housing starts unexpectedly weakened. The weekly unemployment benefit applications fell to its lowest number in four years, but the housing starts data tempered hopes that the housing sector might boost the economy this year.

Robert Melstein of CNBC wrote that 40 percent of affluent Americans are optimistic about the U.S. economy. This is the highest level in about six months. At the same time, their No. 1 investment pick was not stocks or real estate; it was Gold.

At noon (CST), the APMEX precious metals spot prices were:

  • Gold - $1,655.10 – Down $6.30.
  • Silver - $30.60 – Down $0.03.
  • Platinum - $1,523.00 – Down $3.30.
  • Palladium - $678.60 – Up $9.20.

« Return to Commentaries


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
4/23/2014 4:30:31 PM EST

Metal Bid Ask Change
Gold $1,284.30 $1,286.30 $3.20
Silver $19.41 $19.51 $0.10
Platinum $1,395.60 $1,405.60 $5.30
Palladium $782.70 $787.70 $3.10
4/23/2014 4:30:31 PM EST

Click here for Historical Charts*All Charts are in USD

Sell To Us

Selling your bullion or collectible coins is very easy and safe with APMEX! We are one of the largest gold & silver dealers in the country. Read More

APMEX Reviews

Just a short note, I've been dealing with you for several years your products are excellent customer service top shelf, packaging delivery top notch, and a easy fun website to look at.

Kevin | January, 2014 View All

As seen on...