hp-free-shipping-truck Free Shipping On Orders Over $99

Our Daily
Market Reports

Morning Gold & Silver Market Report – 9/27/2013


Gold and Silver prices are hovering just over one percent higher this morning as investors continue to weigh a potential shutdown in Washington. Saxo Bank’s Ole Hansen said, “Many traders are sidelined at the moment as a general level of confusion exits. Support is obviously coming from the U.S., where lawmakers are once again playing Russian roulette with the budget and debt limit. … [F]or now the main focus [is] on the U.S. Congress.”

MarketWatch’s Howard Gold believes a government shutdown or default by the U.S. is not priced into the market, and that should concern more people. Chris Krueger of Guggenheim Partners explained to Gold, “The complacency on this issue is alarming. Clearly with Washington policy, everybody’s been focusing on the Fed and the taper.” Krueger also wrote in a note to clients, “Our growing concern is that everyone is far too complacent that just because there has been a deal in all the prior fiscal cliff fights that there has to be a deal in this debt ceiling fight. There is no evidence to suggest that the debt ceiling will be raised in time.”

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

  • Gold, $1,339.00, Up $12.80.
  • Silver, $21.87, Up $0.08.
  • Platinum, $1,418.40, Up $6.70.
  • Palladium, $725.80, Up $3.30.

APMEX’s Account Managers now have extended hours Mondays through Thursdays and are here to serve you until 8 p.m. (EDT)! Or call us Fridays until 6 p.m. (EDT)! 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.


There are no items in the cart.