Our Daily
Market Reports

Mid-Day Gold & Silver Market Report – 2/25/2011

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

  • Gold - $1,409.10
  • Silver - $33.04
  • Platinum - $1,803.00
  • Palladium - $789.60

COMMENTARY:  The GDP has not risen as much as the original estimate, which does not seem to be affecting the price of gold and silver at this time. Stocks are advancing after three straight days of losses, and concerns over oil supply are fading. Also, consumer sentiment has hit a fresh three-year high. The situation in Libya has drawn the attention of the U.N. Security Council, who will meet later to discuss sanctions on Libyan leaders. French estimates say “some 2,000 people may have died.” Gold is on its way to a fourth straight week of gains, despite being down on the day.

Gold spot price is down $7.70 on the day.  Silver is down $0.22.  Platinum is up $15.20.  Palladium is up $9.90.

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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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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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