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Our Daily
Market Reports

Morning Gold & Silver Market Report – 12/6/2010

At 8AM (CST) the APMEX precious metals prices were:

  • Gold price – $1,413.00
  • Silver price – $29.62
  • Platinum price - $1,721.20
  • Palladium price - $758.50

 

COMMENTARY: Foreign issues seem to dominate the headlines as China ramps up activity in many sectors. Platinum and palladium continue to fluctuate, while the gold spot price is pushed up by uneasiness in the European Union. Canada is taking a novel approach to economic uncertainty.  The Bank of Canada is monitoring students at McGill University who are taking part in an experiment aimed at forecasting economic movements.  If these students can pinpoint the tell-tale signs of a recession, economists around the globe should rejoice.

Gold price is up $6.80 – Silver spot price is up $0.35 – Platinum price is down $8.30 – Palladium spot price is down $11.70

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World Market Trading Hours

Our spot prices are subject to change during the following hours, excluding holidays. View current spot prices for Gold, Silver, Platinum and Palladium on our Spot Price Charts page.

 
COMEX &
NYMEX Markets
Monday-Friday
8:20 a.m.-1:30 p.m. (ET)
Monday-Friday
8:25 a.m.-1:25 p.m. (ET)
Monday-Friday
8:20 a.m.-1:05 p.m. (ET)
Monday-Friday
8:30 a.m.-1:00 p.m. (ET)
CME Globex
World Markets
Monday-Friday
6:00 p.m.-5:00 p.m. (ET)
Monday-Friday
6:00 p.m.-5:00 p.m. (ET)
Monday-Friday
6:00 p.m.-5:00 p.m. (ET)
Monday-Friday
6:00 p.m.-5:00 p.m. (ET)

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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