Call Us: 800.375.9006

Free Shipping on Orders Over $99



Our Daily
Market Reports

Morning Gold & Silver Market Report – 7/18/2013


The Gold price gave up early gains after the release of the weekly jobless claims report, but has since recovered into the black again. The report showed a drop in new claims to the lowest level in more than two months, which should lead investors and analysts to believe the U.S. Federal Reserve will have more reason to begin tapering its quantitative easing (QE) program. Continuing claims, however, rose to the highest level since February.

Fed Chairman Ben Bernanke will continue his testimony to Congress today. Yesterday, the Gold price dipped after Bernanke stated that the plan is still in place to begin tapering QE later this year, though the Fed could alter that plan if needed, based on changing economic climate. Commerzbank analyst Eugen Weinberg said, “The market is today stabilizing as there is no more expectations for an imminent QE3 end.”

At 9 a.m. (ET), the APMEX Precious Metals spot prices were:

  • Gold, $1,287.20, $6.70.
  • Silver, $19.56, Up $0.05.
  • Platinum, $1,416.00, Up $5.00.
  • Palladium, $735.50, Down $0.90.

APMEX’s Account Managers now have extended hours Mondays through Thursdays and are here to serve you until 7 p.m. (CDT)! Or call us Fridays until 5 p.m. (CDT)! If you have any questions about investing in precious metals or simply would prefer to place your order by telephone, we are here to help.

« 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.