Our Daily
Market Reports

Morning Gold & Silver Market Report – 1/3/2011

At 8AM (CT) the APMEX precious metal prices were:

  • Gold price - $1,420.10
  • Silver price - $30.96
  • Platinum price - $1,783.10
  • Palladium price - $802.40

 

COMMENTARY: Although our web site is open 24/7, APMEX did close our offices on Friday, 12/31/2010, to observe the holiday.  Since our Closing Gold & Silver Market Report on Thursday, 12/30/2010, at 4PM (CT), precious metal prices have moved up sharply. Gold is within 1% of its all time high, while silver and palladium hit multi-year peaks.

This recent move is driven by pent up demand and the same old concerns about the euro debt crisis, inflation and the US deficit. Investors should keep an eye on the rhetoric flying back and forth between the Democrats and the Republicans over raising the US Debt limit. The democrats warn of a catastrophe, while the Republicans are insisting on deficit reductions first.

Since last Thursday at 4PM (CT),  Gold spot price is up $15.10 – Silver is up 50 cents - Platinum spot price is up $34.10 – Palladium price is up $14.40

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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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