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Westminster Mint provides free real time price quotes on gold, silver, platinum and palladium. People interested in the precious metals market can follow the prices and see trends develop 24/7 on the world market by using our free current and historic price charts and graphs. Track your holding and measure how you are performing against other commodities and stock market indexes such as the Dow Jones, S&P 500, S&P Euro currency, Crude Oil and the U.S. Dollar. You get access to exactly what you need to know-when you need to know free and in real time.

Wednesday, August 19, 2015

2015 $125 ½ kilo Whooping Crane NGC PR70 - FDI

2015 $125 ½ kilo Whooping Crane NGC PR70 - FDI


http://www.coin-rare.com/2015-125-kilo-whooping-crane-ngc-pr70---fdi.aspxhttp://www.coin-rare.com/2015-125-kilo-whooping-crane-ngc-pr70---fdi.aspx


2015 $125 ½ kilo Whooping Crane NGC PR70 - FDI
 
Only 500 of these stunning pure silver ½ kilo coin have been minted

This Whooping crane is depicted on the first coin released in a new 3- coin series by the Royal Canadian Mint highlighting Canada’s rich biodiversity and natural heritage. The large surface of the coin that measures 85 mm in diameter allows you to see all of the fine detail in the design. We are offering the coin in perfect PR70 condition certified by NGC. These coins also have the special First Day of Issue label.

Specifications

Date: 2015
Denomination: $125
Metal: Silver
Weight: Half – kilo – 16.075 oz.
Purity: .9999
Mintage: 500
Condition: PR70
Service: NGC First day of Issue

Friday, August 7, 2015

This morning in the New York precious metals market we saw inordinate price moves

This morning in the New York precious metals market we saw inordinate price moves. At the time of the Unemployment data which was not great and only close to expectations there was a sell off on the gold market. Most likely big funds seeing the weakness in the thin summer markets took the opportunity to test downward. There was a quick flush out that lasted for about 30 minutes. Without any more success to the downside it was obvious we saw position covering and the market went back to where we started. It seems like maybe they also took the time to read the actual report by the Bureau of Labor and Statistics. The report tells us that the unemployment rate for teenagers was down 16.2% while that of adults declined only 4.8%. Sure kids need jobs but it seems like adults with families probably could use the income more. Hopefully these teenagers are helping at home. Average hours worked remain at 34.60 hours and Labor Force Participation at 62.6% both which are not positive signals for a strong economy. Silver is trying to go back above $15 this morning on what may be the sense that many have gotten that fundamental demand, which is high, does matter and it should disconnect from the more prominent gold price. But for the rest of the complex you can expect the markets to stay near current prices as the traders in the USA prepare for a summer weekend.

Monday, August 3, 2015

Holy Cimoli! The market is so dead that HBO might start a new show to compete against AMC

Holy Cimoli! The market is so dead that HBO might start a new show to compete against AMC’s The Walking Dead except it will be base around people working in the precious metals market. That being said there was some news this morning which par for the course had little to no effect. The ISM Manufacturing Index came out lower than expected and Construction Spending was also weaker. But what does this have to do with precious metals? It seems very little. With what looks like deflationary signals such as the ISM Prices Paid which came in lower as well, precious metal no longer look like an interesting vehicle for dollar denominated investors. In this lazy summer atmosphere look for less than stellar volumes and dampened volatility.
 

Thursday, June 4, 2015

The Bank of England kept its key interest rate the same this morning and reported the same level of asset purchases.

The Bank of England kept its key interest rate the same this morning and reported the same level of asset purchases. The US Jobless Claims report came in close to expectations. We remain at the status quo level and though there have been attempts to the downside gold for instance is still stuck within the recent ranges. We will need to see a real breakdown below 1176 to see the bears take any stronghold on direction. It seems the market wants to keep trying lower but buyers especially in the New York market view every dip as another opportunity to buy in at discount levels. The US dollar has not moved significantly the last couple of days and most likely is waiting on tomorrow’s Unemployment report to give direction.

Tuesday, June 2, 2015

The US dollar came under some pressure this morning from what appears to be positive numbers for the Euro Zone.

The US dollar came under some pressure this morning from what appears to be positive numbers for the Euro Zone. Their Producer Price Index was lower than expectations while the Consumer Price Index was higher than expected creating a better atmosphere for business in their market. Meanwhile in the USA the Factory Orders report surprised downward -.4% which has added downward pressure on the US Dollar as well. Hence the precious metals are higher today, but guess what the anchor is still down and we are not far from the dock.
 
Most Important data this week will be this Friday’s Unemployment reports.

Monday, April 27, 2015

Excitement hits the precious metals market this morning as gold climbs from 1185

Excitement hits the precious metals market this morning as gold climbs from 1185 before 10 am to set the LBMA PM gold price at 1200-. This was preceded by silver making an upward move that may have been perceived to be directed by the poor Markit Services PMI report which missed the mark 1.2 coming in at 57.8, and right fully so indicating that Friday’s Durable Goods report though mixed may be showing signs of weakness. Yet a report by Reuters Friday announces a $1bn gold swap between Venezuela and Citibank which to many traders may be where the unending pressure on the gold market may have been coming from. With that report in tow traders may have felt that the news allows them to change direction and put on new longs. The upward move of course triggers stops making the precious metals  climb higher on the move. Today’s settlement prices on the metals are important to clarify whether this is a short term blip or a new trend to the upside is developing. This week’s news to watch for are the FOMC report and Gross Domestic Product both out on Wednesday.

Thursday, April 16, 2015

Is there really a rebound on the way for the US economy?

Is there really a rebound on the way for the US economy? That is the question that is constantly dogging the precious metals market while traders have their ears perked for any positive sign that may direct the Fed to raise interest rates. This morning group was trading much higher than currently on concerns of Greek default. It is obviously less of a concern for the US investor as they quickly dumped metals on the back of an better than expected Philadelphia Fed Manufacturing Survey. Oddly enough, that was the only truly positive indicator versus what others believe are more important numbers such as Housing Starts, Building Permits and Jobless claims which did little to reaffirm a positive US economy. Where is the rebound? It is in the positive attitude of US business but numbers of late don’t prove it out. The continued underwhelming indicators balanced against the European economic and political back drop leaves the metals trading in current ranges. Unless gold the leader of the group breaks above 1225 we won’t be discussing any major bullish price direction. Tomorrows Consumer Price Index report  might be a catalyst to end the doldrums if it shows any major divergence.

Thursday, April 9, 2015

Yesterday’s Federal Reserve announcement was mixed which leaves the market status quo.

Yesterday’s Federal Reserve announcement was mixed which leaves the market status quo. This has led to downward pressure on the precious metals market. Silver has had the biggest negative reaction trading as low as 16.14 and currently trading 16.21. Silver is down 6% on the week which is either a signal of more to come in the rest of the group or a good buying opportunity for the silver consumers. It almost appears as if the Friday’s Non-farm Payrolls never happened. Todays’ weekly Jobless claims report was slightly better than expectations but not an important factor to shape expectations, unless you are on television and selling the perception that everything is better than the recent more important figures convey. Technically the group looks weak and will remain under pressure. We are back to expecting downward moves to test lower price levels that will be short lived. For the US based market no important economic report is due until next week when we will have the US Retail Sales and Consumer Price Index.

Wednesday, April 8, 2015

Due to the holidays and Spring Break the market have been very slow

Due to the holidays and Spring Break the market have been very slow . The precious metals market received a boost on Friday when Non-Farm Payrolls missed the target by a wide margin. Off at almost 50% less than expectations with lower participation rates you would think that we would see a weaker dollar. However the market believes that all this means is that the Fed will still raise rates only later than sooner. This makes the US dollar and its equities markets the best looking when compare with other markets. After the initial boost which saw gold trade as high as 1225 the metals have seemed to hit a wall and come off due to a stronger US dollar. For today do not expect much action and expect sideways trading for the rest of the day.

Friday, March 27, 2015

The Yemen news yesterday gave a short lived pop to gold.

The Yemen news yesterday gave a short lived pop to gold. But yet there is something else going. In Asia gold traded as high as 1206. In London and NY it has traded above 1200 only to retreat. Today’s  fourth  quarter GDP report was  a little higher but the annualized was lower than expected which should have been bullish for gold. Reuter’s Michigan Consumer sentiment was slightly higher than expected causing a net zero effect on market direction. The precious metals complex remains under the gun from the expectations of higher interest rates, futures shorts and ETF liquidations. But in the battle of direction it does not seem that shorts hold all the cards as every good dip has been met by buying. The question is who will tire first, the bulls or the bears before a new direction is made clear when the dust finally settles.