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Our Daily
Market Reports

Closing Gold & Silver Market Report – 2/25/2011

At 4PM (CT) the APMEX precious metal prices were:

  • Gold price - $1.411.00
  • Silver price - $33.42
  • Platinum price - $1,808.90
  • Palladium price - $792.90

 

COMMENTARY: Stagflation: a condition of slow economic growth and relatively high unemployment accompanied by a rise in prices, or inflation. Is it possible that one of the Federal Reserve’s worst enemies is beginning to rear its ugly head? Austerity measures and rising oil prices are beginning to tell us that stagflation is entirely possible. T.Boone Pickens stated today, that he expects oil prices to rise as high as $120 per barrel. It is hard to forecast an economic recovery with $100 a barrel oil.

Gold spot price held above $1400 for the week and climbed back up today to finish only $5.80 down. Silver prices rebounded even more sharply from morning lows, finishing up 17 cents. Platinum price climbed back over $1800 finishing up $21.10. Palladium is once again nearing $800. as it was up $13.10

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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.

 
COMEX &
NYMEX Markets
Monday-Friday
8:20 a.m.-1:30 p.m. (ET)
Monday-Friday
8:25 a.m.-1:25 p.m. (ET)
Monday-Friday
8:20 a.m.-1:05 p.m. (ET)
Monday-Friday
8:30 a.m.-1:00 p.m. (ET)
CME Globex
World Markets
Monday-Friday
6:00 p.m.-5:00 p.m. (ET)
Monday-Friday
6:00 p.m.-5:00 p.m. (ET)
Monday-Friday
6:00 p.m.-5:00 p.m. (ET)
Monday-Friday
6:00 p.m.-5:00 p.m. (ET)

Disclaimer:
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.

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