Our Daily
Market Reports

Closing Gold & Silver Market Report – 12/3/2010

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

  • Gold price – $1414.60
  • Silver price – $29.44
  • Platinum price - $1731.00
  • Palladium price - $769.80

 

COMMENTARY: Multiple factors combine to increase the spot price of gold.  It looks like the European Union may pass a measure regulating position limits which should increase the current demand for precious metals.  In the United States, tax cuts look like they will be extended.  This has driven up the price of many commodities including wheat, corn, oil, and soy.

Diversification seems to be the word of the day.  Buying silver is a popular way to hedge against other investments.

Gold price is up $25.30 – Silver spot price is up $0.87 – Platinum price is up $16.90 – Palladium spot price is up $6.00

« Return to Commentaries

World Market Trading Hours

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.

 
COMEX &
NYMEX Markets
Monday-Friday
8:20AM-1:30PM
Monday-Friday
8:25AM-1:25PM
Monday-Friday
8:20AM-1:05PM
Monday-Friday
8:30AM-1:00PM
CME Globex
World Markets
Monday-Friday
6:00PM-5:00PM
Monday-Friday
6:00PM-5:00PM
Monday-Friday
6:00PM-5:00PM
Monday-Friday
6:00PM-5:00PM

Disclaimer:
APMEX 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. 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 Market Reports are not intended as a comprehensive discussion and there may be other factors affecting the financial marketplace. These Market Reports are provided for informational purposes only and do not constitute a recommendation by APMEX to hold, purchase or sell any Precious Metal product. All orders, purchases and sales, if any, are subject to the terms of the User Agreement and other applicable policies.

Items In Cart


There are no items in the cart.

PLATINUM