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Market Reports

Mid-Day Gold & Silver Market Report – 3/18/2011

At 12PM (CT) the APMEX precious metal prices were:

  • Gold price -$1,418.40
  • Silver price - $35.13
  • Platinum price - $1,722.70
  • Palladium price - $732.50


COMMENTARY: Gold price is currently up $13.20 – Silver spot price is up 80 cents – Platinum spot price is up $14.80 – Palladium price is up $14.70

Libya responded to the United Nation's declaration of a no-fly zone by declaring a ceasefire. This took place as President Gaddafi became aware that Western airplanes were preparing to attack his forces. Some fighting still persists, but this ceasefire has allowed oil prices to rise and precious metal prices along with it.

The US stock market is still in triple-digit gains, but it has retraced from morning highs. Events in Libya have been positive for stocks and the deteriorating situation in Japan has not knocked them down.

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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.

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
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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.

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