Our Daily
Market Reports

Morning Gold & Silver Market Report – 1/19/2011

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

  • Gold price - $1,379.90
  • Silver price - $29.50
  • Platinum price - $1,847.30
  • Palladium price - $824.70

 

COMMENTARY: Precious metal prices are up for the third day in a row as a result of a weak dollar and increased demand out of Asia. Platinum hit a 30-month high and palladium continues to go up as well. These two metals have important industrial applications and therefore they are rising on the improved economic outlook.

Housing starts fell lower than expected in December, once again indicating that housing remains a major roadblock to economic recovery. On the European front, Portuguese stocks are getting battered as default worries paint a cloudy picture for even the best of companies.

Gold spot price is up $9.80 – Silver spot is up 56 cents – Platinum spot price is up $20.00 – Palladium spot is up $13.30

« 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