Our Daily
Market Reports

Morning Gold & Silver Report – 2/25/2011

At 8:04 AM (CT) the APMEX precious metals prices were:

  • Gold price - $1,409.20
  • Silver price - $33.02
  • Platinum price - $1,793.10
  • Palladium price - $786.60

COMMENTARY: The stock market seems to be on the move with oil starting to stabilize over news from Libya that Moammar Gadhafi’s grip is slipping, especially in the oil-rich eastern region. The domestic economic news revolves around a revision to the Gross Domestic Product (GDP) for the 4th quarter that actually downgraded the GDP from 3.2 originally to 2.8. This report confirms the Federal Reserve’s concerns over growth being tied so heavily to unemployment. This report is easing inflation concerns, as the Federal Reserve will look to continue with their QE2 plans and try and keep interest rates lower.

Gold spot price is down $7.60 – Silver price is down 25 cents – Platinum spot price is up $5.30 – Palladium price is up $6.90

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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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