Our Daily
Market Reports

Morning Gold & Silver Market Report – 10/26/2010

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

  • Gold - $1,334.90
  • Silver - $23.38
  • Platinum - $1,698.50
  • Palladium - $609.00

 

COMMENTARY:The US Dollar is up moderately against most rivals in morning trading.Many analysts see the dollar stabilizing in the short term because the effect of the expected quantitative easing is already built into the price structure. The one exception was the British pound, which surged on the news of stronger than expected economic growth in the UK. Concerns on foreclosure problems at US Banks will continue to be a factor, until there is more transparency and information.

Gold spot prices are down $5.30 since yesterdays Closing Commentary – Silver spot down 30 cents – Platinum spot down $2.50 – Palladium spot down $3.

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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 &
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Monday-Friday
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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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