Our Daily
Market Reports

Closing Gold & Silver Market Report – 4/6/2011

GOLD, SILVER CLOSE AT NEW HIGHS:  For the second day in a row both gold and silver have closed at record and recent highs.  Investors are still buying on safe haven appeal ahead of a U.S. government shutdown and news that Portugal is seeking a bailout

Lawerence Williams, an author of Mineweb.com, focuses not on quantity but on quality in his recent article. He says, “If the world around us collapses, gold may be our only saving grace.” He goes on to talk about the history of inflation and geopolitical turmoil and its direct correlation to market collapses. “Gold has stood the test of time as a protector of wealth - not necessarily as a growth investment, but as an insurance policy against market collapse and/or rampant inflation.” Although precious metals serve as a positive investment in many different ways, one of its best qualities is that of peace of mind.

APMEX is selling 90% silver bags at spot! Take advantage of our low prices while supplies last! ($1000 and $500 face value)

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

  • Gold – $1,460.00 (up $7.50 on the day)
  • Silver – $39.57 (up $0.32)
  • Platinum – $1,798.00 (up $2.20)
  • Palladium – $785.00 (down $9.10)

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Our spot prices are subject to change during the following hours, excluding holidays. View current spot prices for gold, silver, platinum and palladium on our Spot Price Charts page.

 
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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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