Call Us: 800.375.9006

Free Shipping on Orders Over $99



Our Daily
Market Reports

Mid-Day Gold & Silver Market Report – 10/10/2013


House Speaker John Boehner announced to reporters this morning that Congressional Republicans will offer a temporary resolution to the debt ceiling debate in exchange for negotiations with President Barack Obama about other fiscal issues.  Democratic Senator Chuck Schumer said it was good news that Republicans “are backing off their stand that they have to attach something to it.  I think they’re realizing they were playing with fire.  [That being said,] to do this every six weeks would be very devastating to the markets.”

Precious Metals prices were little-changed after the announcement.  Though the U.S. dollar has gained ground over the past two days, Sharps Pixley CEO Ross Norman said that “…the possible default and shutdown in the U.S. will unquestionably undermine confidence in the U.S. dollar longer term as [the international community looks] on in disbelief.  Reserve currencies simply should not be held hostage to domestic politics and the theme of Gold buying by emerging nation central banks looks assured.”

At 1 p.m. (ET), the APMEX Precious Metals spot prices were:

  • Gold, $1,300.10, Down $9.10.
  • Silver, $21.96, Up 40.04.
  • Platinum, $1,395.00, Up $13.00.
  • Palladium, $713.60, Up $8.50.

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