The Prices of Gold and Silver Change Often
Gold, Silver, Platinum, and Palladium prices are in a state of constant flux during market hours. The most significant factors that impact this are foreign and domestic exchanges. Because of the foreign markets that affect the Spot Price of Precious Metals and differences in time zone, these prices update from Sunday through Friday, 6:00 pm EST until 5:15 am EST.
Among the contributing factors that determine the Gold and Silver Spot Prices are market conditions, political and social events, and, most importantly, supply and demand.
How can I Track the Price of Precious Metals?
The price of Gold, Silver, Platinum, and Palladium can be challenging to keep track of, because of fluctuations in the global market. There are many ways to track this, such as checking market reports, watching the APMEX Spot Price pages, and even using the APMEX app on your Android or Apple mobile device.
Savvy investors can use the APMEX app to automatically alert them if the spot prices rises or falls to certain levels you determine.