Morning Gold & Silver Market Report – 11/15/2010
Peter LaTona
11/15/2010 8:26:00 AM
At 8AM the APMEX precious metal prices were:
- Gold price - $1,368.30
- Silver price - $26.00
- Platinum price - $1,676.10
- Palladium price -$677.50
COMMENTARY: The US Dollar appears to be firming as the Euro continues to weaken. Despite much speculation, there was no announcements from China over the weekend regarding a tightening monetary policy. A relative lack of new information has left the early morning precious metal market relatively flat. Gold spot price is up $2.20 since Friday’s Closing Commentary – Silver price is down 1 cent – Platinum spot price is down $11.80 – Palladium price is up 50 cents.
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
