Call Us: 800.375.9006

Free Shipping on Orders Over $99



Our Daily
Market Reports

Gold Pricing Hits 4-Month High

Daily Gold & Silver Market Report – 01/15/2018

NASDAQ reports spot Gold prices were up 1 percent Friday as “President Donald Trump said he would waive nuclear sanctions against Iran for the last time to give Washington and its European allies a chance to fix the "terrible flaws" of the 2015 nuclear deal.” Pushing spot prices higher was the dollar index, which dropped 0.2 percent Monday, reaching its lowest since January 2015. Moreover, Reuters said, “U.S. producer prices fell for the first time in nearly 1 1/2 years in December amid declining costs for services, which could temper expectations that inflation will accelerate in 2018.”

Palladium Value Continues to Rise

Palladium investors are celebrating as prices get higher with help of simple supply and demand. To recap 2017, Palladium spot price jumped 56 percent. With a tightening in available supplies, market analysts including Bob Haberkorn, a senior market strategist RJO Futures in Chicago, said in a telephone interview, “It's the better outlook for demand, from an industrial standpoint, and the squeeze in supply’ that's making Palladium outperform other Precious Metals.” Morgan Stanley analysts said in a December 11 report “Palladium production will lag behind consumption until at least 2022,” according to Economic Times.

Bitcoin To Reach $15k

According to CoinDesk's Bitcoin Price Index, the digital currency is up 0.80 percent in the last 24 hours, leaning toward a rise to $15,000 by the end of Monday. However, data source OnChainFX says the world's largest cryptocurrency, by market capitalization, has depreciated by 11 percent on a weekly basis.

At 1:26 p.m. (ET), the APMEX Precious Metals spot prices were:

  • Gold, $1,342.50 Up $5.60
  • Silver, $17.43 Up $0.23
  • Platinum, $1,000.90 Up $5.70
  • Palladium, $1,132.50 Up $19.20

APMEX’s Account Managers now have extended hours Mondays through Thursdays and are here to serve you until 8 p.m. (ET)! Or call us Fridays until 6 p.m. (ET)! 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.