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Our Daily
Market Reports

Mid-Day Gold & Silver Market Report – 11/30/2010

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

  • Gold price - $1,389.40
  • Silver price - $28.32
  • Platinum price - $1,665.50
  • Palladium price – $704.00

 

COMMENTARY: The European debt crisis remains front and center with most financial analysts forecasting the worst is yet to come. Pimco’s CEO Mohamed El-Erian likens the debt crisis to a slow-motion wreck. As long as efforts are reactive and do not address the fundamental underlying financial problems, we will be witnessing a continuing spread of debt crisis in more countries. These fears and others continue to drive investors to precious metals.

Gold continued to rise throughout the morning and is now up $21.90. Silver has once again crossed the $28 threshold up $1.12.Platinum is up $20.90 and Palladium has cleared $700, up $9.00.

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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 &
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Monday-Friday
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World Markets
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Monday-Friday
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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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