Our Daily
Market Reports

Morning Commentary – 10/21/2010

At 8AM (CT) the APMEX spot prices were:

  • Gold - $1,340.60
  • Silver - $23.76
  • Platinum - $1,673.30
  • Palladium - $596.50

 

COMMENTARY: Precious metals were relatively quiet overnight before drifting downwards this morning. The US Dollar continues to retreat and has more than given back Tuesday’s gains. As you would expect, the equity markets rebounded as the US Dollar fell, recovering most of their losses. Although, the same recovery for precious metals is expected, it has not occurred. Gold is down $4 – Silver 8 cents – Platinum $3, while Palladium is up almost $4.

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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
8:20 a.m.-1:30 p.m. (ET)
Monday-Friday
8:25 a.m.-1:25 p.m. (ET)
Monday-Friday
8:20 a.m.-1:05 p.m. (ET)
Monday-Friday
8:30 a.m.-1:00 p.m. (ET)
CME Globex
World Markets
Monday-Friday
6:00 p.m.-5:00 p.m. (ET)
Monday-Friday
6:00 p.m.-5:00 p.m. (ET)
Monday-Friday
6:00 p.m.-5:00 p.m. (ET)
Monday-Friday
6:00 p.m.-5:00 p.m. (ET)

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.

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