Spot prices

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.

Thursday, December 29, 2011

The Euro is still getting punished

The Euro is still getting punished even though bond auctions today in Italy went well. This has surprisingly continued the downward spiral of the precious metals. But this is all on the back of very low volumes due to the holiday season. The bleeding seems to have stopped for now and some commodities such as copper are flat. It looks like we may be at the bottom but with no industrial consumers in the market place the bottom will remain weak. We expect an uptick on the return of vacationing consumers and investors next week. Jobless claims reports this morning were worse than expected and maybe that may be the backstop the precious metals needed as the few people in the market seem to be giddy over buying US Dollars.

12/29/2011 10:12

Last

%Change

Low

High

Au- Feb

1,534.50

(1.89)

1,523.90

1,562.80

Pt-April

1,370.00

(1.60)

1,347.60

1,390.00

Pd-Mar

632.70

(2.23)

626.50

641.30

Ag-Mar

26.755

(1.750)

26.145

27.160

EFPs

Au 1/1.50

Pt 2/6

Pd 0/4

Ag -4/2

London

AM

PM

Minor

PGMs

Au

1,537.50

1,531.00

Rh

1400

Pt

1,364.00

1,354.00

Ru

110

Pd

636.00

630.00

Ir

1100

Ag

26.16

DJI

12,227.25

75.84

FX

Last

%Change

Low

High

EUR

1.2915

(0.18)

1.2855

1.2945

JPY

77.75

(0.26)

77.63

77.98

GBP

1.5411

(0.29)

1.5357

1.5476

CHF

0.9427

0.03

0.9410

0.9470

Others

Last

%Change

Low

High

Crude- Jan

99.380

(0.320)

99.100

100.230

Copper-Dec

*THESE PRICES ARE FOR INDICATION ONLY CALL FOR QUOTES

Date

Time

Statistic

For

Actual

Forecast

Expects

Prior

Revised

29-Dec

8:30 AM

Initial Claims

24-Dec

381K

370K

368K

366K

364K

29-Dec

8:30 AM

Continuing Claims

17-Dec

3601K

3625K

3600K

3567K

3546K

29-Dec

9:45 AM

Chicago PMI

Dec

62.5

59

60.1

62.6

-

29-Dec

10:00 AM

Pending Home Sales

Nov

-

1.00%

0.60%

10.40%

-

29-Dec

11:00 AM

Crude Inventories

24-Dec

-

NA

NA

-10.570M

-
















Tuesday, December 27, 2011

Continued concerns with the European economy

We have the continued concerns with the European economy where they continue to kick the can down the road. We have worries from Iran threatening at the Strait of Hormuz and in Iraq possible pending civil war after the withdrawal of US troops. However it is not all doom and gloom as last week’s U.S. economic statistics were much better than expected. But don’t get overly happy either, this morning Sears announced the closing of up to 120 retail store in the Sears and Kmart brand. Not a positive announcement. We also have next week to look forward to. The Mayan prediction of the end of the world in 2012 is sure to come and pass without fanfare. This week we will surely be range bound and though gold is feeling pressure, rumored to be Central bank selling, we do not expect a major move in either direction for gold or the rest of the group. Consumer Confidence came out better than expected this morning a continuation of the positive string of data for the US of late.*London is closed today. There will be no fixes.

12/27/2011 10:15

Last

%Change

Low

High

Au- Feb

1,598.40

(0.47)

1,592.50

1,609.20

Pt-April

1,442.20

0.55

1,425.30

1,443.00

Pd-Mar

660.10

(0.92)

651.65

661.00

Ag-Mar

29.030

(0.180)

28.720

29.220

EFPs

Au 1.20/2

Pt 4/8

Pd 0/4

Ag -3/3

London

AM

PM

Minor

PGMs

Au

-

-

Rh

1400

Pt

-

-

Ru

110

Pd

-

-

Ir

1100

Ag

-

DJI

12,315.42

21.42

FX

Last

%Change

Low

High

EUR

1.3063

0.03

1.3040

1.3083

JPY

77.84

(0.13)

77.76

78.03

GBP

1.5664

0.23

1.5591

1.5701

CHF

0.9345

(0.11)

0.9327

0.9384

Others

Last

%Change

Low

High

Crude- Jan

100.650

0.670

99.670

100.950

Copper-Dec

3.419

(1.290)

3.430

3.399

*THESE PRICES ARE FOR INDICATION ONLY CALL FOR QUOTES

Wednesday, December 14, 2011

Weak US retail sales numbers yesterday

UK unemployment at 17 ½ year high. Euro Zone troubles still unsolved. Weak US retail sales numbers yesterday. The global economy still looking weak. Then why are precious metals being beat up with Palladium leading today’s collapse with almost an 8% decline? One explanation may be that the demand by Euro Zone officials that Banks shore up their capital base may have many firms deleveraging by liquidity positions to raise their capital base. Even if the banks were not in commodities their customers that they are lending money to most probably have been. This action is part of the trigger that also forces other hands to fold as the market makes new short term lows. Technically the charts also have turned bearish and market sentiment plus media sentiment is throwing in behind this downward move. Meanwhile the Gold and Silver ETF have been holding their ground. The famed Economist speculator Dennis Gartman has been quoted as saying that the bull run for gold is over, of course he is talking his book. That doesn’t mean he isn’t right because he puts his money where his mouth is. Still he will flip his position faster than any US politician on record if the facts change. With the global financial markets in critical condition precious metals will most likely regain some ground in the near future. But for now the bears are in the driver’s seat.

12/14/2011 10:06

Last

%Change

Low

High

Au- Feb

1,606.60

(3.39)

1,605.00

1,645.80

Pt-Jan

1,433.40

(3.94)

1,428.00

1,484.10

Pd-Mar

616.35

(7.19)

606.95

649.50

Ag-Mar

29.220

(6.520)

28.855

31.070

EFPs

Au 2.60/3.20

Pt 1/5

Pd 0/4

Ag 2/8

London

AM

PM

Minor

PGMs

Au

1,635.00

1,603.00

Rh

1450

Pt

1,476.00

1,454.00

Ru

110

Pd

642.00

617.00

Ir

1100

Ag

29.92

DJI

11,887.16

(67.78)

FX

Last

%Change

Low

High

EUR

1.2979

(0.42)

1.2963

1.3064

JPY

78.04

0.06

77.87

78.16

GBP

1.5456

(0.16)

1.5439

1.5532

CHF

0.9492

0.39

0.9422

0.9510

Others

Last

%Change

Low

High

Crude- Jan

96.820

(3.310)

96.510

100.330

Copper-Dec

3.318

(3.350)

3.410

3.316

*THESE PRICES ARE FOR INDICATION ONLY CALL FOR QUOTES

14-Dec

7:00 AM

MBA Mortgage Index

10-Dec

4.10%

NA

NA

12.80%

-

14-Dec

8:30 AM

Export Prices ex-ag.

Nov

-0.10%

NA

NA

-1.50%

-

14-Dec

8:30 AM

Import Prices ex-oil

Nov

-0.20%

NA

NA

-0.20%

-

14-Dec

10:30 AM

Crude Inventories

10-Dec

-

NA

NA

1.336M

-