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Market Reports

Closing Gold and Silver Market Report – 01/10/2011

At 4 PM (CT) the APMEX precious metal prices were:

  • Gold price - $1,376.90
  • Silver price - $29.14
  • Platinum price - $1,743.60
  • Palladium price - $753.50


COMMENTARY: Today has been a relatively slow economic news day with earnings announcements expected over the next few days and the tragic news of Representative Giffords of Arizona dominating the headlines. The stock market ended a little lower ahead of Alcoa earnings. Gold is rebounding from last week’s losses as concerns over the euro zone continue to buoy the price of Gold. Anne-Laure Tremblay of BNP Paribas says they “continue to hold a positive view of the Gold price for the balance of 2011,” with sovereign risk remaining a key theme for Gold in 2011.

Gold spot price is up $7.00 – Silver price is up 45 cents – Platinum price is up $7.30 – Palladium spot price is down $3.40

With such a positive outlook still on the horizon for gold, a couple of products that may be of particular interest could be these Pamp Suisse Gold Bars or these American Gold Buffalos may suit your tastes.

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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.

NYMEX Markets
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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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