Morning Gold & Silver Market Report – 12/17/2010

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

  • Gold price - $1,373.90
  • Silver price – $28.97
  • Platinum price - $1,697.60
  • Palladium price –$ 738.10


COMMENTARY: The markets are fairly calm this morning and gold prices have rebounded from early morning losses. Our culture feeds on news cycles. You do not hear anymore about Greece so everything must be okay in Greece. You do not hear anything more about the tension between North and South Korea , so they must have kissed and made up. Unfortunately, we know this is not true and there are still many potential foreseen and unforeseen negative events on the horizon. By the way, Ireland is back in the news as Moody’s slashes their rating five notches.  The bi-partisan tax cut measures were passed in Congress yesterday. They better add  to the top line (improved business climate) because they are definitely adding to the bottom line (deficits).

Gold spot price is up $2.40 – Silver price is up 18 cents – Platinum price is down $2.00 – Palladium price is down $5.50

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APMEX’s ‘News and Commentaries’ provide our readers with a review of spot price activity and some of the factors that may be affecting the market for precious metals, three times during the trading day. 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 "News and Commentaries" are not intended as a comprehensive discussion and there may be other factors that may be affecting the financial marketplace. These "News and Commentaries" are provided for informational purposes only and do not constitute a recommendation by APMEX to hold, to purchase or to sell any precious metal product. All orders, all purchases and all sales, if any, are subject to the terms of the User Agreement and other applicable policies.

US Dollar Prices are in USD

Precious Metal Prices
4/25/2014 1:36:16 AM EST

Metal Bid Ask Change
Gold $1,293.30 $1,295.30 $2.70
Silver $19.52 $19.62 ($0.13)
Platinum $1,403.10 $1,413.10 $3.50
Palladium $798.60 $803.60 $0.40
4/25/2014 1:36:16 AM EST

Click here for Historical Charts*All Charts are in USD

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