Our Daily
Market Reports

Mid-Day Gold & Silver Market Report – 4/9/2014

GOLD & SILVER PRICES PULL BACK FROM RECENT HIGHS

Gold & Silver prices are down as investors capture gains from recent highs. “Weak equity markets and the geopolitical tensions in Ukraine have given the gold price a boost, allowing it to trade back above $1,300 per troy ounce,” Commerzbank’s Eugen Weinberg, said. “Nonetheless, the latest price increase appears to have been driven to a large extent by speculative investors, whilst physical demand from China has been weak of late.”

U.S. stocks are up this morning, as Alcoa’s quarterly report beat expectations. "So far, 24 companies have reported, counting Alcoa, on the first-quarter earnings clock, and the guidance is not as severe [as the prior quarter,]” Nick Raich, chief executive officer at the Earnings Scout, said. Investors are looking forward to the release of the Fed March meeting minutes. “My guess is there is nothing in the minutes that we haven't heard plenty about over the course of the past couple of weeks," Hogan said.

At 1:00 p.m. (ET), the APMEX Precious Metals spot prices were:

  • Gold, $1,307.80, Down $3.30.
  • Silver, $19.80, Down $0.31.
  • Platinum, $1,440.80, Down $0.90.
  • Palladium, $782.80, Up $6.00.

APMEX’s Account Managers now have extended hours Mondays through Thursdays and are here to serve you until 8 p.m. (EDT)! Or call us Fridays until 6 p.m. (EDT)! If you have any questions about investing in Precious Metals or simply would prefer to place your order by telephone, we are here to help.

« 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
8:20 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.

Items In Cart


There are no items in the cart.

PLATINUM