Our Daily
Market Reports

Mid-Day Gold & Silver Market Report

At 12PM (CT) the APMEX precious metal prices were:

  • Gold price – $1,371.50
  • Silver price – $28.83
  • Platinum price – $1,826.50
  • Palladium price – $821.50

COMMENTARY:  Gold is trading slightly up, silver slightly down, while platinum and palladium hold on to their gains. As mentioned earlier, optimism on the industrial side (automobiles, for example) is driving the prices of the latter two precious metals up, along with supply concerns on palladium’s end. U.S. stocks are mixed today, as large companies like American Express announced layoffs, which dropped their stock, while IBM reported a near doubling of second-quarter net income, bringing their price up.

The Euro is gaining today amid thoughts that the debt crisis in Europe is under control, and the U.S. dollar is weakening. However, countries like Greece and Portugal seem to tell a different story.

Gold spot price is up $2.00 on the day – Silver spot price is down 13 cents – Platinum spot price is up $9.60 – Palladium spot price is up $10.00.

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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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