Morning Gold & Silver Market Report – 11/11/2010

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

  • Gold price - $1,407.70
  • Silver price - $27.39
  • Platinum price - $1751.00
  • Palladium price - $718.00

COMMENTARY: Former Federal Reserve Chairman, Alan Greenspan, said that Washington was pursuing policies that will weaken the dollar. U.S. Treasury Secretary, Tim Geithner, claims the US will not weaken the dollar to spur growth. All of this remains the backbone of a contentious G20 meeting, where world finance ministers continue to express their objections over last week's Fed QE2 announcement.

Precious metal spot prices are rising in early morning trading. Bargain hunters have stepped in and the  Chinese reported higher than expected inflation.  Gold spot price is up $10.50 – Silver price up 64 cents – Platinum spot price is up $21.70 – Palladium price is up $22.50.

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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 2:43:34 PM EST

Metal Bid Ask Change
Gold $1,291.40 $1,293.40 $6.80
Silver $19.64 $19.74 $0.24
Platinum $1,403.10 $1,413.10 $9.20
Palladium $797.00 $802.00 $15.00
4/24/2014 2:43:34 PM EST

Click here for Historical Charts*All Charts are in USD


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