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

Our Daily
Market Reports

Morning Gold & Silver Market Report – 12/4/2013


The Silver price added to gains and the Gold price recovered from early losses after San Francisco Federal Reserve President John Williams said the Fed should only consider tapering its quantitative easing program when it is “completely confident” the economy is on the road to recovery. At that point, according to Williams, the Fed should announce an end date and begin tapering. Williams also mentioned that even while the Fed tapers its bond-buying program, interest rates will remain low, continuing the highly-accommodative stance of the central bank.

Ava Trade chief market analyst Naeem Aslam wrote that Williams’ “comments further assured markets that the Fed should be extremely careful in their observation before they announce anything, although their wrapping up the ultra loose monetary policy could be unwrapped again.” U.S. stock futures turned lower after the comments, pointing to a negative start for Wall Street. Williams’ comments appeared to override the positive Automatic Data Processing report on private-sector employment for November.

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

  • Gold, $1,227.30, Up $4.50.
  • Silver, $19.31, Up $0.21.
  • Platinum, $1,358.80, Up $1.50.
  • Palladium, $719.20, Up $4.40.

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.