Call Us: 800.375.9006

Free Shipping on Orders Over $99



Our Daily
Market Reports

Morning Gold & Silver Market Recap - 2/4/2014

Precious Metals prices are trading lower today as the U.S. dollar has gained strength and equities are possibly set for a small rebound.  Although Gold prices tumbled in 2013, one analyst sees a potential boom as investors prepare for Friday’s jobs report.  INTL FCStone analyst Edward Meir said, “We continue to suspect that the global equity markets will likely see more turbulence in February.  Which likely will mean that Gold should be fairly resilient for a little while longer.”

Global markets opened Tuesday on a down turn and slumped near a four-month low.  With emerging markets currently in a sell-off state and weaker than expected U.S. factory numbers, global equities are falling.  Societe Generale strategist Kit Juckes said, “It does look as if developed-market equities are playing catch-up with emerging markets.  The dollar has somewhat run out of steam, and I suspect the focus today may well be on [Japanese] yen strength as well as how much further the equity market falls can go.”

At 10:00 a.m. (ET), the APMEX Precious Metals spot prices were:

  • Gold, $1,252.30, Down $9.60.
  • Silver, $19.38, Down $0.08.
  • Platinum, $1,370.30, Down $18.30.
  • Palladium, $702.40, Down $1.40.

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.

 (0)

There are no items in the cart.