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

Our Daily
Market Reports

Morning Gold & Silver Market Report – 6/3/2014


Precious Metal prices are trading relatively flat through early morning trading.  Many investors are eyeing Friday’s job reports for direction, but they will also pay close attention to the results of the European Central Bank’s policy meeting Thursday.  When asked his opinion on why he sees weakness for Gold’s future, an analyst at INTL FCStone, a financial services firm that specializes in commodity trading, said, “We base this view on the notion that this year’s ‘Black Swan’ event — the Ukrainian crisis — while still potentially dangerous, is turning less ‘Black.’”

U.S. stocks are declining this morning as traders have little reason to buy with indexes pulling  back from record highs.  As investors still try to weigh the strength of the U.S. economic recovery, one fund manager believes things are headed in the right direction.  Deutsche Asset & Wealth Management fund manager Ivo Weinoehrl said, “The market bounces back and forth, but fundamentally nothing much has changed. The economy is definitely improving after a disappointing first quarter, and we’re still expecting earnings growth of 7 to 8 percent. We’re in a stable environment, but it’s nothing to get excited about and I don’t see the real pick-up coming through just yet.”

At 9:20 a.m. (ET), the APMEX Precious Metals spot prices were:

  • Gold, $1,245.80, Down $0.20.
  • Silver, $18.86, Up $0.06.
  • Platinum, $1,433.30, Down $4.40.
  • Palladium, $834.50, Up $1.90.

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.


There are no items in the cart.