Precious Metals Market Reports
Closing Gold & Silver Market Report – 2/8/2011
At 4PM (CT) the APMEX precious metal prices were: Gold price - $1,365.10 Silver price - $30.40 Platinum price - $1,859.20 Palladium price - $840.40 COMMENTARY: Precious metal prices surged today and gold may get a continued boost as JP Morgan joined the two biggest futures markets in allowi... Read More
Mid-Day Gold & Silver Market Report – 2/8/2011
At 12PM (CT) the APMEX precious metal prices were: Gold price - $1,369.00 Silver price - $30.31 Platinum price - $1,861.70 Palladium price - $840.60 COMMENTARY: Gold prices continue to surge and are now up $20.30. Silver spot price has once again crossed $30 and is up 90 cents on the day. Platinum spot price is up $17.50 and palladium price is up $19.60 Inflation has the market’s attention today. Whe... Read More
Morning Gold & Silver Market Report – 2/8/2011
At 8AM the APMEX precious metal prices were: Gold price - $1,363.70 Silver price - $29.75 Platinum price - $1,852.20 Palladium price - $825.00 COMMENTARY: Precious metal prices are beginning to rise as Gold spot is currently up $15.00 –Silver price is up 34 cents – Platinum spot price is up $7.20 – Palladium price is up $4.00 The news that China is raising int... Read More
Closing Gold & Silver Market Report – 2/7/2011
At 4PM (CT) the APMEX precious metals prices were: Gold price - $1,351.80 Silver price - $29.43 Platinum price - $1,840.80 Palladium price - $820.00 COMMENTARY: Precious metals struggled today as physical buying supported prices but technical selling kept the prices from really taking off. Gold is currently trending below its 100 day moving average ($1,362.20), which is usually the best time to buy. There is news that Read More
Mid-Day Gold & Silver Market Report – 2/7/2011
At 12PM (CT) the APMEX precious metals prices were: Gold price - $1,350.00 Silver price - $29.39 Platinum price - $1,845.60 Palladium price - $821.50 COMMENTARY: Overall, precious metal prices have remained relatively stable for the day. The stock market seems to be rebounding with all the corporate deals and earnings, highli... Read More
Morning Gold & Silver Market Report – 2/7/2011
At 8AM (CT) the APMEX precious metals prices were: Gold price - $1,353.00 Silver price - $29.36 Platinum price - $1,848.50 Palladium price - $822.30 COMMENTARY: Just when investors thought it was safe to go back into the water, news of hackers successfully infiltrating NASDAQ computers will be yet another blow to i... Read More
Closing Gold & Silver Market Report – 2/4/2011
At 4PM (CT) the APMEX precious metal prices were: Gold price - $1,350.00 Silver price - $29.19 Platinum price - $1,846.50 Palladium price - $817.00 COMMENTARY: Precious metals prices today are moving in different directions with gold and palladium trending down while silver and platinum have moved up. As referenced before, the mixed information about the ... Read More
Mid-Day Gold & Silver Market Report – 2/4/2011
At 12PM (CT) the APMEX precious metal spot prices were: Gold – $1,348.40 Silver – $28.99 Platinum – $1846.40 Palladium – $818.50 COMMENTARY: The precious metals market is mixed today, with gold and palladium slightly down, and silver and platinum slightly up. Gold is shying away from a two-week high, which was hit yesterday. As mentioned this morning, ... Read More
Morning Gold & Silver Report – 2/4/2011
At 8AM (CT) the APMEX precious metal prices were: Gold price - $1,356.00 Silver price – $29.13 Platinum price - $1,844.30 Palladium price – $817.00 COMMENTARY: Economists had anticipated an increase of 145,000 in non-farm payrolls, but today's report just came out with a disappointing number of only 36,000. The overall unemployment rate somehow still dropped... Read More
Closing Gold & Silver Market Report – 2/3/2011
At 4PM (CT) the APMEX precious metal prices were: Gold price - $1,356.60 Silver price - $28.99 Platinum price - $1,840.60 Palladium price - $822.20 COMMENTARY: Precious metal prices surged shortly before 12 Noon (CT) and maintained these gains throughout the afternoon. Most analysts attribute this to safe haven buying a... Read More
Mid-Day Gold & Silver Market Report – 2/3/2011
At 12PM (CT) the APMEX precious metal prices were: Gold price - $1,354.90 Silver price - $28.87 Platinum price - $1,842.00 Palladium price - $822.30 COMMENTARY: After trading lower for most of the morning precious metal prices have surged in the past twenty minutes. Gold spot price is now up $22.30 – Silver price is up 51 cents – Platinum price is up $13.40 – Palladium spot price is up $9.80 It is un... Read More
Morning Gold & Silver Market Report – 2/3/2011
At 8AM (CT) the APMEX precious metal prices were: Gold price - $1,338.10 Silver price - $28.50 Platinum price - $1,832.40 Palladium price - $813.00 COMMENTARY: Precious metal prices were down in overnight trading, but they are rebounding this morning. Gold spot price is up $5.50 – Silver price is up 14 cents – Platinum spot price is up $3.80 – Palladium spot is up 50 cents Egypt continues to dominate ... Read More
Closing Gold & Silver Market Report –1/31/2011
At 4PM (CT) the APMEX precious metal prices were: Gold price - $1,338.30 Silver price - $28.02 Platinum price - $1,797.20 Palladium price - $818.00 COMMENTARY: Precious metals are down slightly from the mid-day commentary (save silver) in spite of the continued negative news coming out of Egypt. Richard Bove, banking analyst at Rochadale Securities, says that Read More
Mid-Day Gold & Silver Market Report – 1/31/2011
At 12PM (CT) the APMEX precious metal prices were: Gold price - $1,338.50 Silver price - $28.44 Platinum price - $1,799.20 Palladium price - $824.50 COMMENTARY: As suspected, precious metal prices have made a strong comeback since this morning's commentary. The end-game for the crisis in Egypt is not clear and tensions remain. Egypt’s largest private employer, Or... Read More
Morning Gold & Silver Market Report – 1/31/2011
At 8AM (CT) the APMEX precious metal prices were: Gold price - $1,327.10 Silver price - $27.89 Platinum price - $1,783.50 Palladium price -$809.00 COMMENTARY: I must confess I am surprised by early market indicators already discounting the news coming out of Egypt. I suppose it gets boring watching the rioting footage day after day and people are ready to move on to the next story. The unrest must be quietin... Read More
Closing Gold & Silver Market Report –1/28/2011
At 4PM (CT) the APMEX precious metal prices were: Gold price - $1,338.30 Silver price - $28.02 Platinum price - $1,797.20 Palladium price - $818.00 COMMENTARY: The protests going on in Egypt were the big game changers today and they do have the attention of the world. The fear is not only the awkward position it puts the West, as we ar... Read More
Mid-Day Gold & Silver Market Report – 1/28/2011
At 12PM (CT) the APMEX precious metal spot prices were: Gold – $1,344.50 Silver – $28.03 Platinum – $1,804.70 Palladium – $820.10 COMMENTARY: Gold and silver are turning their early morning losses into decent gains. The unrest over the situation in Egypt seems to be supporting the safe haven appeal of precious metals, while driving stock prices down. Earlier, we mentioned th... Read More
Morning Gold & Silver Market Report – 1/28/2011
At 8AM (CT) the APMEX precious metal prices were: Gold price - $1,315.10 Silver price - $26.86 Platinum price - $1,789.60 Palladium price - $809.30 COMMENTARY: The economy grew at a slightly less than expected 3.2% in the fourth quarter. It was supported by the largest gain in consumer spending in over four years. However, the unemployment picture remains bleak e... Read More
Closing Gold & Silver Market Report – 1/27/2011
At 4PM (CT) the APMEX precious metals spot prices were: Gold - $1,315.00 Silver - $26.98 Platinum - $1789.20 Palladium – $806.20 COMMENTARY: The precious metals market is down this afternoon. Some say the safe-haven demand of gold and the other metals is down amid the optimism of the global economic outlook. Read More
Mid-Day Gold & Silver Market Report – 1/27/2011
At 12 PM (CT) the APMEX precious metal prices were: Gold price: $1,322.50 Silver price: $27.13 Platinum price: $1,801.00 Palladium price: $813.40 COMMENTARY: Precious metals are definitely on the move today, as the initial positive economic data and potential increases in global interest rates had tempered the safe haven appeal of gold. However, the news reg... Read More
Morning Gold & Silver Market Report – 1/27/2011
At 8AM (CT) the APMEX precious metal prices were: Gold price - $1,336.40 Silver price - $27.59 Platinum price - $1,808.00 Palladium price - $814.70 COMMENTARY: Precious metal prices surged yesterday on the Fed announcement that the economy was not showing significant recovery an... Read More
Closing Gold & Silver Market Report –1/26/2011
At 4PM (CT) the APMEX precious metal prices were: Gold price - $1,347.70 Silver price - $27.63 Platinum price - $1,812.60 Palladium price - $814.80 COMMENTARY:The Federal Open Market Committee announcement was not at all bullish on the economy nor was it impressed with the growth seen so far. Precious metal... Read More
Mid-Day Gold & Silver Market Report – 1/26/2011
At 12PM (CT) the APMEX precious metals spot prices were: Gold – $1,333.20 Silver – $27.10 Platinum – $1,796.50 Palladium – $805.70 COMMENTARY: Gold is trading slightly down today, while silver and platinum are modestly up and palladium holding on to good gains. The stock markets are mostly higher today, and the Dow Jones I... Read More
Morning Gold & Silver Market Report – 1/26/2011
At 8AM the APMEX precious metal prices were: Gold price - $1,332.90 Silver price - $26.88 Platinum price - $1,793.40 Palladium price - $792.30 COMMENTARY: No matter what your thoughts are on President Obama’s State of the Union Address last night, there were indicators his administration would be more business friendly and there was an appeal that we have turned the corner and we are heading for better econo... Read More
Closing Gold & Silver Market Report 1/25/2011
At 4 PM (CT) the APMEX precious metal spot prices were: Gold: $1,334.00 Silver: $26.89 Platinum: $1,788.30 Palladium: $783.00 COMMENTARY: Precious metals continue to trade down today. Gold price fell to 3-month low, and is down 6% for the year. Experts say that the rate hike from the Reserve Bank of India (as well as rate hikes in China) has likely reduced the physical demand for precious metals. In a contrary view... Read More
Mid-Day Gold & Silver Market Report 1/25/2011
At 12 PM (CT) the APMEX precious metal spot prices were: Gold: $1,333.70 Silver: $26.90 Platinum: $1,786.10 Palladium: $786.00 COMMENTARY: The safe-haven appeal of precious metals seems to be waning over increased consumer confidence and the outlook for jobs looking a lot more favorable. The e... Read More
Morning Gold & Silver Market Report – 1/25/2011
At 8AM (CT) the APMEX precious metal spot prices were: Gold - $1,330.10 Silver – $26.92 Platinum - $1,787.40 Palladium – $785.10 COMMENTARY: Precious metals prices are dipping in early morning trading. Commerzbank analyst Daniel Briesemann explained that investors aren’t feeling as much of a need for safety as they were just a few short weeks ago, when... Read More
Closing Gold & Silver Market Report -1/24/2011
At 4PM (CT) the APMEX precious metal prices: Gold price - $1,335.00 Silver price - $26.98 Platinum price - $1,815.40 Palladium price - $812.00 COMMENTARY: Precious metal prices gave into selling pressure and dipped this afternoon with Gold spot price off $8.10 – Silver spot price off 51 cents – Platinum price down $5.90 – Palladium price is down $5.80 The corrections going on in the precious me... Read More
Mid-Day Gold & Silver Market Report – 1/24/2011
At 12PM the APMEX precious metal prices were: Gold price - $1,345.00 Silver price - $27.34 Platinum price - $1,817.20 Palladium price -$816.40 COMMENTARY: Precious metal trading may be in for a bumpy ride today, as mixed messages make their way into the market. The US Dollar was down 0.41%, but the stock marke... Read More
Morning Gold & Silver Market Report – 1/24/2011
At 8AM (CT) the APMEX precious metal prices were: Gold price - $1,348.30 Silver price - $27.38 Platinum price - $1,822.70 Palladium price - $819.00 COMMENTARY: Precious metal prices are up in early morning trading as recent price drops attract current investors. Generally, current investors buy as the price drops to add to their positions, whi... Read More
Closing Gold & Silver Market Report – 1/21/2011
At 4PM (CT) the APMEX precious metal prices were: Gold price -$1,343.40 Silver price -$27.56 Platinum price - $1,829.70 Palladium price - $823.40 COMMENTARY:Considering that precious metal prices began the day retreating sharply, there was quite a nice turn around. Gold rallied to only being down $4.30, while silver was up 2 cents, platinum was up $10.80 and palladium rallies up $8.20. A positive econ... Read More
Mid-Day Gold & Silver Market Report – 1/21/2011
At 12PM (CT) the APMEX precious metal prices were: Gold – $1,344.00 Silver – $27.39 Platinum – $1,822.50 Palladium – $817.00 COMMENTARY: Gold and silver prices are down slightly at the moment (silver previously recovered all losses from the day before dipping back down), and platinum and palladium are up slightly. The U.S. stock market is up today mostly on the tails of Read More
Morning Gold & Silver Market Report – 1/21/2011
At 8AM (CT) the APMEX precious metal prices were: Gold price - $1,345.10 Silver price -$27.38 Platinum price - $1,819.00 Palladium price - $815.00 COMMENTARY: Precious metal prices are bouncing off morning lows and platinum spot price is now in the black. In 2010, China imported 40%... Read More
Closing Gold & Silver Market Report – 1/20/2011
At 4PM (CT) the APMEX precious metal prices were: Gold price - $1,346.80 Silver price - $27.53 Platinum price - $1,811.90 Palladium price - $812.90 COMMENTARY: Precious metal prices fell in early morning trading and then stabilized.Although precious metals are a long term play for those acquiring the actual physical metal, the popularity of gold has allowed for price movements based on nothing but the day’s ... Read More
Mid- Day Gold & Silver Market Report – 1/20/2011
At 12PM (CT) the APMEX precious metal prices were: Gold price - $1,349.60 Silver price -$27.58 Platinum price - $1,819.00 Palladium price - $813.40 COMMENTARY: Precious metal prices are down this morning as Brazil is leading a charge to control inflation by raising interest rates. Investors are watching ... Read More
Morning Gold & Silver Market Report – 1/20/2011
At 8:25AM (CT) the APMEX precious metal prices were: Gold price: $1350.30 Silver price: $27.88 Platinum price: $1810.50 Palladium price: $805.00 COMMENTARY: The news this morning from an economic standpoint is pretty positive with news of the drop in unemployment benefits claims and the Read More
Closing Gold & Silver Market Report – 1/19/2011
At 4PM (CT) the APMEX precious metal prices were: Gold price - $1,371.00 Silver price - $28.82 Platinum price - $1,836.50 Palladium price - $816.90 Precious metals are not moving much this afternoon after they took advances earlier in the day. Holding back gold prices a little might be the numbers from IAMGOLD that stated that they were over on their predictions for Q4 production in 2010 from 940,000 to 970,000 which ha... Read More
Mid-Day Gold & Silver Market Report
At 12PM (CT) the APMEX precious metal prices were: Gold price – $1,371.50 Silver price – $28.83 Platinum price – $1,826.50 Palladium price – $821.50 COMMENTARY: Gold is trading slightly up, silver slightly down, while platinum and palladium hold on to their gains. As mentioned earlier, optimism on the industrial side (automobiles, for example) is driving the prices of the latter two precious metals up, along with supp... Read More
Morning Gold & Silver Market Report – 1/19/2011
At 8AM (CT) the APMEX precious metal prices were: Gold price - $1,379.90 Silver price - $29.50 Platinum price - $1,847.30 Palladium price - $824.70 COMMENTARY: Precious metal prices are up for the third day in a row as a result of a weak dollar and increased demand out of Asia. Platinum hit a 30-month high and palladium continues to go up as ... Read More
Closing Gold & Silver Market Report – 1/18/2011
At 4PM (CT) the APMEX precious metal prices were: Gold price - $1,369.20 Silver price - $28.90 Platinum price - $1,828.50 Palladium price - $812.90 COMMENTARY: Higher than expected inflation data from the UK pushed precious metal prices even further up today. In addition, the US Dollar slipped .46% while the Euro gained .55%. The debt crisis abroad and here at ho... Read More
Mid-Day Gold & Silver Market Report – 1/18/2011
At 1 PM (CT) the APMEX precious metal prices were: Gold price: $1368.20 Silver price: $28.93 Platinum price: $1826.00 Palladium price: $810.80 COMMENTARY: The U.S. Dollar continues to decline against the euro based on improved German business confidence. Gold climbed on the continued uncertainty over the dollar’s decline, Asian physical demand of gold and continued uncertainty o... Read More
Morning Gold & Silver Market Report – 1/18/2011
At 8AM (CT) the APMEX precious metal prices were: Gold price - $1,375.00 Silver price - $28.92 Platinum price - $1,825.80 Palladium price - $808.00 COMMENTARY: Precious metal prices are up sharply in early morning trading. Gold price is currently up $13 – Silver spot price is up 57 cents – Platinum price is up $10.80 – Palladium spot price is up $16.40 From time to time it is helpful to step back and... Read More
Mid-Day Gold & Silver Market Report – 1/17/2011
At 12PM (CT) the APMEX precious metal prices were: Gold price - $1,362.60 Silver price – $28.35 Platinum price - $1,809.50 Palladium price - $795.50 COMMENTARY: On one hand, renewed concerns on the European debt crisis are causing a flight to safety, which will boost gold prices. On the other hand, it also depreciates the Euro dollar causing the US Dollar to go up, thus suppressing gold prices. Read More
Closing Gold & Silver Market Report – 1/17/2011
At 4PM (CT) the APMEX precious metal prices were: Gold price - $1,362.60 Silver price - $28.35 Platinum price - $1,809.50 Palladium price - $795.50 COMMENTARY: The precious metals market has been closed since 12:15 PM (CT) for the holiday. It will re-open at 5PM (CT). Gold price rebounded up 60 cents – Silver price was even – Platinum spot price was down $5.50 – Palladium rebounded strongly up $4.00 ... Read More
Morning Gold & Silver Market Report – 1/17/2011
At 8AM (CT) the APMEX precious metal prices were: Gold price $1,360.80 Silver price - $28.26 Platinum price - $1,805.80 Palladium price - $791.00 COMMENTARY: In recognition of today’s holiday, the precious metals markets will close at 12:15 PM (CT) and then re-open at 5PM (CT). Gold prices are stabilizing and may gain as Greece’s downgrade could boost demand for safe assets. Read More
Closing Gold & Silver Report – 1/14/2011
At 3:15 PM (CT) the APMEX precious metal prices were: Gold price: $1362.90 Silver price: $28.51 Platinum price: $1816.00 Palladium price: $798.90 COMMENTARY: The brighter outlook of the euro zone debt crisis, due to the successful bond bids of Portugal, Spain and Italy, and the Read More
Mid – Day Gold & Silver Market Report – 1/14/2010
At 12PM (CT) the APMEX precious metal prices were: Gold price: $1,359.70 Silver price: $28.31 Platinum price: $1,81.80 Palladium price: $792.50 COMMENTARY - Precious metal prices seem to be dropping dramatically today, which may be due in part to the news of Europe’s debt easing, the dollar rising and China raising its reserve requirement for lenders. There is also talk of rising mine production for gold. Read More
Morning Gold & Silver Market Report – 1/14/2011
At 8AM (CT) the APMEX precious metal prices were: Gold price: $1,365.90 Silver price: $28.71 Platinum price: $1,814.00 Palladium price: $797.50 COMMENTARY: Precious metals are trading down this morning on news of a higher U.S. dollar and optimism that the euro zone debt crisis may soon be over. China is raising its reserve requirement for lenders, which allo... Read More
Closing Gold and Silver Market Report – 01/13/2011
At 4 PM (CT) the APMEX precious metal prices were: Gold price: $1374.40 Silver price: $28.74 Platinum price: $1803.60 Palladium price: $808.50 COMMENTARY: The stock market is down for the day amid news of unemployment claims rising after the holiday vacation and large developer Read More
Mid-Day Gold & Silver Market Report – 1/13/2011
At 12PM (CT) the APMEX precious metal prices were: Gold price: $1,385.80 Silver price: $29.33 Platinum price: $1,821.00 Palladium price: $814.00 COMMENTARY: Gold and silver are staying in limbo today with mixed news floating about. Platinum and Palladium are continuing to make gains on the industrial market’s gains. As mentioned this morning, Portugal and Spain did exceptionally better than expected in the debt auc... Read More
Morning Gold & Silver Market Report – 1/13/2011
At 8AM (CT) the APMEX precious metal prices were: Gold price: $1,393.50 Silver price: $29.79 Platinum price: $1,828.10 Palladium price: $823.70 COMMENTARY: Gold and silver are starting to rise this morning amid a number of news stories and data. Spain today, like Portugal yesterday, had what was considered to be a successful bond auction, which has driven up the euro versus the ... Read More
Closing Gold and Silver Market Report – 01/12/2011
At 4 PM (CT) the APMEX precious metal prices were: Gold price - $1,388.80 Silver price - $29.71 Platinum price - $1,803.90 Palladium price - $812.00 COMMENTARY: Today’s precious metals trend continued as gold and silver remained relatively flat, while platinum and palladium gained on industrial demand. As mentioned earlier in this space, Portugal’s debt auction was considered successful by many, and Read More
Morning Gold & Silver Market Report – 1/12/2011
At 8AM (CT) the APMEX precious metal prices were: Gold price - $1,382.10 Silver price - $29.66 Platinum price - $1,794.50 Palladium price - $806.00 COMMENTARY: Platinum and palladium are off to a strong start this morning, likely thanks to optimism in the auto industry. Such optimism off of the Detroit Auto Show will increa... Read More
Closing Gold and Silver Market Report – 1/11/2011
At 4 PM (CT) the APMEX precious metals prices were: Gold price - $1,382.30 Silver price - $29.56 Platinum price - $1,771.30 Palladium price - $786.00 COMMENTARY: The stock market looks to have found some higher ground for the day as the earnings season’s optimism is buoyed by the news of Japan buying part of the Europ... Read More
Morning Gold & Silver Market Report – 1/11/2011
At 8AM (CT) the APMEX precious metal prices were: Gold price - $1,384.30 Silver price - $29.66 Platinum price - $1,760.00 Palladium price - $775.00 COMMENTARY: Precious metals prices are back on the rise this morning amid deepening worries about the spread and severity of the European debt crisis. Portugal has a “ Read More
Closing Gold and Silver Market Report – 01/10/2011
At 4 PM (CT) the APMEX precious metal prices were: Gold price - $1,376.90 Silver price - $29.14 Platinum price - $1,743.60 Palladium price - $753.50 COMMENTARY: Today has been a relatively slow economic news day with earnings announcements expected over the next few days and the tragic news of Representative Giffords of Arizona dominating the ... Read More
Mid-Day Gold and Silver Market Report – 1/12/2011
At 12PM (CT) the APMEX precious metal prices were: Gold price - $1,384.50 Silver price - $29.60 Platinum price - $1,797.80 Palladium price - $807.50 COMMENTARY: Precious metals seem to be moving in opposite directions today with gold and silver moving slightly down while platinum and palladium seem to be experiencing good gains. The prices of gold and silver moving down probably have to do with the fact that Portugal’s auc... Read More
Morning Gold & Silver Market Report – 1/10/2011
At 8AM (CT) the APMEX precious metal prices were: Gold price - $1,372.90 Silver price - $28.95 Platinum price - $1,744.30 Palladium price - $755.80 COMMENTARY: Precious metals are flat this morning, but there are plenty of stories around the world brewing under the surface that may affect prices at some point. Here in the U.S., we had the tragedy in Arizona Read More
Closing Gold & Silver Market Report – 1/7/2011
At 4PM (CT) the APMEX precious metal prices were: Gold price - $1,370.70 Silver price - $28.72 Platinum price - $1,736.80 Palladium price - $754.40 COMMENTARY:Today followed the trend of the last couple days as precious metals moved slightly lower in daily trading. They began at their low and then rebounded on the disappointing Labor Department’s nonfarm jobs report. Read More
Mid-Day Gold & Silver Market Report – 1/7/2011
At 12 PM (CT) the APMEX precious metals prices were: Gold price - $1368.70 Silver price - $28.86 Platinum price - $1,735.40 Palladium price - $755.00 COMMENTARY: Today’s disappointing job report could not be tempered by a slight drop in overall unemployment. Simply stated, the economic outlook is not as favorable as some thought earlier in the week. Bruce Bittles, chief investment strategist at Robert W. Baird, Read More
Morning Gold & Silver Market Report – 1/7/2011
At 8AM (CT) the APMEX precious metal prices were: Gold price - $1,368.10 Silver price - $28.80 Platinum price - $1,737.70 Palladium price - $753.60 COMMENTARY:Precious metal prices are already rebounding off their morning lows. The Labor Department’s nonfarm jobs report for new jobs created in December was released, and there is disappointment in the air. 103,000 job... Read More
Closing Gold & Silver Market Report – 1/6/2011
At 4PM (CT) the APMEX precious metal prices were: Gold price – $1,372.40 Silver price – $29.12 Platinum price – $1,735.00 Palladium price – $763.30 COMMENTARY: Today’s news stays steady on its positive outlook for the stock markets as well as the U.S. dollar moving slightly higher recently. Fewer Americans filed for unemployment checks which boosts prospects for the labor market whose numbers will be released tomorrow. “You... Read More
Mid – Day Gold & Silver Market Report – 1/6/2011
At 12PM (CT) the APMEX precious metal prices were: Gold price - $1,375.10 Silver price - $29.30 Platinum price - $1,732.50 Palladium price - $764.30 COMMENTARY: There has been much written this week about the price of precious going down due to the renewed enthusiasm for more risk (stocks), however, nothing significant has materialized. Read More
Morning Gold & Silver Market Report – 1/6/2011
At 8AM (CT) the APMEX precious metal prices were: Gold price - $1,372.40 Silver price - $29.30 Platinum price - $1,732.50 Palladium price - $766.40 COMMENTARY: Economic optimism remains a key phrase this morning as the metals market is trading slightly down. The official U.S. nonfarm payrolls data report comes out tomorrow and some analysts feel that a strong report (like the ADP report from yesterday) will ... Read More
Closing Gold & Silver Market Report – 1/5/2011
At 4PM (CT) the APMEX precious metal prices were: Gold price - $1,379.60 Silver price - $29.30 Platinum price - $1,732.00 Palladium price - $777.40 COMMENTARY:Precious metal prices fluctuated in a tight range today, finishing slightly down. This was due to the positive numbers in the stock market, as well as gains on the U.S. dollar. Gold hit three-week lows yesterday but as Matt Zeman , a trader at La... Read More
Mid – Day Gold & Silver Market Report – 1/5/2011
At 12PM (CT) the APMEX precious metal prices were: Gold price - $1,378.40 Silver price - $29.34 Platinum price - $1,733.20 Palladium price - $776.00 COMMENTARY: Precious metal prices are rebounding despite the positive jobs report and a strengthening US Dollar. Gold price is up $2.40 from the Morning Commentary – Silver spot price is up 2 cents – Platinum price is up $11.10 – Palladium price is up $20 since ... Read More
Morning Gold & Silver Market Report – 1/5/2011
At 8AM (CT) the APMEX precious metal prices were: Gold price - $1,376.00 Silver price - $29.32 Platinum price - $1,722.10 Palladium price - $757.40 COMMENTARY: Yesterday’s drop in precious metals (commodities in general) was a result of traders taking profits. Gold had gone up $100 in the past two months while silver gained 25%. Traders were saying that the fact that... Read More
Closing Gold & Silver Market Report – 1/4/2010
At 4PM (CT) the APMEX precious metal prices were: Gold price - $1,383.00 Silver price - $29.85 Platinum price - $1,761.40 Palladium price - $780.00 COMMENTARY: Precious metals prices went through (as some would say) a much needed correction today. December was a month of sharp increases so giving some back is not necessarily a bad thing. Investors showed an appetite for risk, so the equity market has b... Read More
Mid – Day Gold & Silver Market Report – 1/4/2011
At 12PM (CT) the APMEX precious metal prices were: Gold price - $1,379.40 Silver price - $29.58 Platinum price - $1,747.90 Palladium price - $772.80 COMMENTARY: Gold spot price is down $26.10 – Silver price is down $1.03 – Platinum price is down $26.90 – Palladium spot price is down $16.20 Commodities have declined sharply from their December rally. The n... Read More
Morning Gold & Silver Market Report – 1/4/2011
At 8AM (CT) the APMEX precious metal prices were: Gold price - $1,396.40 Silver price - $30.27 Platinum price - $1,755.30 Palladium price -$785.00 COMMENTARY: Although not supported by any significant news (Lindsey Lohan was released from jail?), the stock market exuberantly celebrated the first day of trading in the New Year. It is set for a fast start today as well. Precious metals prices are... Read More
Closing Gold & Silver Market Report – 1/3/2011
At 4PM (CT) the APMEX precious metal prices were: Gold price - $1,415.30 Silver price - $30.72 Platinum price - $1,782.10 Palladium price - $793.90 COMMENTARY: Considering that the stock market boomed on the first day of 2011 trading, precious metal prices held their ground. Data came out in... Read More
Mid – Day Gold & Silver Market Report – 1/3/2011
At 12 PM (CT) the APMEX precious metal prices were: Gold price - $1,422.50 Silver price - $31.10 Platinum price -$1,779.60 Palladium price - $803.90 COMMENTARY: Precious metal prices have remained stable throughout the morning and have maintained Friday's gains. After last year’s increases, perhaps a breat... Read More
Morning Gold & Silver Market Report – 1/3/2011
At 8AM (CT) the APMEX precious metal prices were: Gold price - $1,420.10 Silver price - $30.96 Platinum price - $1,783.10 Palladium price - $802.40 COMMENTARY: Although our web site is open 24/7, APMEX did close our offices on Friday, 12/31/2010, to observe the holiday. Since our Closing Gold & Silver Market Report on Thursday, 12/30/2010, at 4PM (CT), precious metal prices have moved up sharply. G... Read More
Closing Gold & Silver Market Report – 12/30/2010
At 4PM (CT) the APMEX precious metal prices were: Gold price - $1,405.00 Silver price - $30.46 Platinum price - $1,749.00 Palladium price - $788.00 COMMENTARY: Stocks are down modestly for the day. Precious metal prices diminished with stock prices, probably due to brokerage sell-off and the Read More
Mid – Day Gold & Silver Market Report – 12/30/2010
At 12PM (CT) the APMEX precious metal prices were: Gold price - $1,406.00 Silver price - $30.48 Platinum price - $1,746.00 Palladium price – $787.50 COMMENTARY: The dollar continued to decline today, but there is some good news. Jobless claims decreased to the lowest levels in two years. John Silvia, Chief Econom... Read More
Morning Gold & Silver Market Report – 12/30/2010
At 8AM (CT) the APMEX precious metal prices were: Gold price - $1,409.30 Silver price - $30.64 Platinum price -$1,754.80 Palladium price - $800.00 COMMENTARY: Silver futures were at a 30 year high in early New York trading. Gold appears to be consolidating and awaiting the next news cycle. Palladium just hit $800! The weekly job claims came out at a 29 month low.... Read More
Closing Gold & Silver Market Report – 12/29/2010
At 4 PM (CT) the APMEX precious metals prices were: Gold price - $1,412.50 Silver price - $30.63 Platinum price - $1,760.60 Palladium price - $795.10 COMMENTARY: The news that central banks in emerging markets are getting themselves ahead of the inflation curve sparked a nice r... Read More
Mid-Day Gold & Silver Market Report – 12/29/2010
At 12PM (CT) the APMEX precious metal prices were: Gold price – $1,413.30 Silver price - $30.61 Platinum price - $1754.40 Palladium price - $793.50 COMMENTARY: Precious metals are continuing their bullish trend today, partly thanks to weakness in the U.S. dollar, and managing director at Barclays Capital, Kevin Norrish, says Read More
Morning Gold & Silver Market Report – 12/29/2010
At 8AM (CT) the APMEX precious metal prices were: Gold price - $1,406.30 Silver price - $30.47 Platinum price - $1,749.50 Palladium price - $789.30 COMMENTARY: Gold is holding steady above $1400 as recent US data showed a decline in consumer confidence and housing. Palladium is hitting nine-year highs on expectations of high demand in 2... Read More
Closing Gold & Silver Market Report – 12/28/2010
At 4PM (CT) the APMEX precious metal prices were: Gold price - $1,407.20 Silver price - $30.32 Platinum price - $1,756.40 Palladium price - $789.00 COMMENTARY: Precious metals prices are holding on to their gains from earlier in the day, with gold still above $1,400 and silver above $30. Marketwatch has a short summary ... Read More
Mid-Day Gold and Silver Market Report – 12/28/2010
At 12PM (CT) the APMEX precious metal prices were: Gold price – $1405.60 Silver price - $30.35 Platinum price - $1754.00 Palladium price – $788.10 Precious metals continue to rise today after news of the US Dollar index shedding 0.12% and after the government raised $35 billion in two-year bonds. George Gero, vice president of RBC Cap... Read More
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.
