Call Us: 800.375.9006

Free Shipping on Orders Over $99



Our Daily
Market Reports

Morning Gold & Silver Market Report – 4/7/2014


The Gold price is hovering around the $1,300 per ounce mark in early morning trading. With no overly-supportive news to boost the safe-haven value of the yellow metal, the Gold price is subject to economic data and technical trends. Saxo Bank’s Ole Hansen said, “If you look at the overall quarter, (the second quarter) is historically a low period for Gold. Even when we were in the bull market, there were some monthly corrections in April, May and June. We had a good move to the upside in March, but there is really not any major bullish news out there at the moment, which I think will put a limit on the upside.”

U.S. stock futures are pointing to a lower open for Wall Street ahead of earnings season. Craig Erlam, market analyst at Alpari U.K., believes that news isn’t bright for stocks, either. He said, “The next few weeks are shaping up to be fairly gloomy, with earnings season reminding investors that not only is the [U.S. Federal Reserve] taking a step back from its ultra-supportive stance, but corporate America is not yet ready to fill the void.”

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

  • Gold, $1,301.10, Down $3.90.
  • Silver, $19.91, Down $0.09.
  • Platinum, $1,436.10, Down $14.80.
  • Palladium, $786.20, Down $5.50.

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.