Morning Commentary – 10/22/2010

At 8AM (CT) the APMEX spot prices were:

  • Gold - $1326.00
  • Silver - $23.20
  • Platinum - $1674.00
  • Palladium - $585.50

 

COMMENTARY: The US Dollar has shown some weakness Friday morning, which curbs selling pressure as we move into the new trading session. At the G – 20 meeting, Tim Geithner’s proposal, aimed to drive up world currencies has been met with immediate resistance.  Japan’s Finance Minister expressed he thought it was “unrealistic” to set targets. Precious metals investors will continue to monitor this world forum carefully. Gold is down $2.80 from 4PM (CT) on Thursday – Silver down 3 cents – Platinum down $3 – Palladium down $4.30.

« 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
4/17/2014 5:15:48 PM EST

Metal Bid Ask Change
Gold $1,294.60 $1,296.60 ($8.90)
Silver $19.60 $19.70 $0.02
Platinum $1,405.70 $1,415.70 ($22.10)
Palladium $792.10 $797.10 ($6.20)
4/17/2014 5:15:48 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...