Call Us: 800.375.9006

Free Shipping on Orders Over $99



Our Daily
Market Reports

Closing Gold & Silver Market Report 1/25/2011

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

  • Gold: $1,334.00
  • Silver: $26.89
  • Platinum: $1,788.30
  • Palladium: $783.00

COMMENTARY:  Precious metals continue to trade down today. Gold price fell to 3-month low, and is down 6% for the year. Experts say that the rate hike from the Reserve Bank of India (as well as rate hikes in China) has likely reduced the physical demand for precious metals. In a contrary view, Reuters released a poll today that shows the consensus among Wall Street analysts is that the gold prices for this year will average at $1,450 an ounce.

Even though most news this week is focused on optimism and financial recovery, anti-government riots plague Egypt. Today tear-gas was released as thousands of rioters hurled rocks and climbed on police armored vehicles. About 10,000 protesters filled the Tahrir square chanting and raising flags in protest to the government. At least 3 known deaths have occurred in confrontations around the country. Geopolitical upheaval tends to send people running to the safety of precious metals.

APMEX just released the 2011 MS 70 First Strike Silver Eagles.There is a limited supply.

Gold spot price is down $12.50 – Silver price is down 50 cents – Platinum spot price is down $30.30 – Palladium price is down $34.60

« Return to Commentaries

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

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.

 (0)

There are no items in the cart.