Call Us: 800.375.9006

Free Shipping on Orders Over $99



Our Daily
Market Reports

Morning Gold & Silver Market Report – 4/30/2014


The Gold price erased nearly all losses in early-morning trading after first-quarter U.S. gross domestic product (GDP) numbers were released. Gold and Silver had fallen due to high expectations for the report and ahead of this afternoon’s Federal Reserve policy announcement. Tensions in Ukraine continue to bolster the Gold price, though HSBC analysts said, “The combination of the [Federal Open Market Committee] and the economic releases occurring on the same day may cause Gold volatility to pick-up in the near-term and may put to test the recent tight $30 price range of between $1,280-$1,310 [per ounce].”

U.S. GDP showed that the economy grew by just 0.1 percent, the smallest gain in three years. Economists had expected a one percent growth, which was already set to be disappointing. One problem the U.S. economy has faced in recent months is a widening trade deficit, as exports fell by 6.2 percent more than imports.

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

  • Gold, $1,296.30, Down $2.00.
  • Silver, $19.37, Down $0.21.
  • Platinum, $1,425.80, Down $5.60.
  • Palladium, $803.00, Down $5.90.

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.