Mid – Day Gold & Silver Market Report – 12/23/2010

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

  • Gold price - $1,380.90
  • Silver price - $29.40
  • Platinum price - $1,718.80
  • Palladium price  -$757.00

 

COMMENTARY: Oil hit its highest level since October 2008 and it seems inevitable that we will see $100 a barrel again.  North and South Korea are in the news  with each warning the other prior to military exercises in South Korea. North Korea warns of a “sacred war” while South Korea vowed a “merciless counterattack. Ireland announced today that it is taking over yet another bank. The government will be injecting $4.8 billion dollars into Allied Irish. This is the fourth bank the Irish government has taken over. 

Despite news that would normally drive precious metals upwards, there very low volume leading into the holidays. Gold spot price is down $7.00 – Silver price is unchanged –Platinum spot price is down $13.10 – Palladium spot is 90 cents.

« Return to Commentaries

Disclaimer:

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
4/24/2014 3:17:50 PM EST

Metal Bid Ask Change
Gold $1,291.50 $1,293.50 $6.90
Silver $19.65 $19.75 $0.25
Platinum $1,403.00 $1,413.00 $9.10
Palladium $797.10 $802.10 $15.10
4/24/2014 3:17:50 PM EST

Click here for Historical Charts*All Charts are in USD


Sell To Us

Selling your bullion or collectible coins is very easy and safe with APMEX! We are one of the largest gold & silver dealers in the country. Read More



APMEX Reviews

Just a short note, I've been dealing with you for several years your products are excellent customer service top shelf, packaging delivery top notch, and a easy fun website to look at.

Kevin | January, 2014 View All

As seen on...