Our Daily
Market Reports

Mid – Day Gold & Silver Market Report – 11/23/2010

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

  • Gold price -$1,380.80
  • Silver price - $27.67
  • Platinum price - $1,658.50
  • Palladium price - $691.00

COMMENTARY: Trading in precious metals has been volatile all morning. At this moment, precious metals have reversed early trends and are up sharply. Gold price is the leading gainer as the geopolitical tensions between North and South Korea are causing worldwide concerns. These tensions will continue to drive investors to the safety of precious metals.

 This same tension driving precious metals prices up are driving stocks down. Gold spot price is up $21.40 – Silver price is up 15 cents – Platinum spot price is up $3.00 – Palladium has recovered from a long way down, to up $4.20

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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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