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, May 31, 2012

Safe-haven buying continues to flow into fixed income assets

Safe-haven buying continues to flow into fixed income assets that are now offering historically low returns underscoring the concern over sovereign debt contagion that is plaguing the European Union. The U.S. 10-year not has broken through the 1.60% (now 1.598%) and German Bunds are now yielding 1.27%. Spain is wondering where they are going to find nearly €100 billion to fund a bailout of its banking system amidst yields on the Spanish 10-year that are at 6.49% .  Anticipation of next month’s elections in Greece have many worried that the country’s exit from the euro is becoming more and more inevitable. If you’re looking for any positive news don’t look across the pond. U.S. initial jobless claims numbers rose 10,000 to 383,000 and first-quarter GDP was revised to 1.9% from 2.2%. The ADP report on private sector jobs is expected to show 157,000 people added to the payroll in May. However, the ADP report is simply regarded as a preview to the big show… the government’s monthly jobs report, due tomorrow, that is expected to show unemployment remaining at 8.1%.
 
 
Metals
Last
 %Change
 Low
 High
Au-Aug
1570
0.28%
1560.1
1572.6
 Pt-Jul
1409.1
0.54%
1393.2
1414.6
 Pd-Jun
606.2
0.39%
602.75
609.80
 Ag-Jul
27.985
0.01%
27.725
28.190
London
AM
PM
Minor
PGMs
Au
1567.5
                   -
 Rh
1260
Pt
1412
1405
 Ru
115
Pd
610
611
 Ir 
1100
Ag
28.1
 DJI
12430.15
10.29
Currencies




USD
EUR
JPY
GBP
USD
0
1.2398
0.012724
1.549
EUR
0.8065
0
1.02628
1.2494
JPY
78.59
97.44
0
121.74
GBP
0.6456
0.80039
0.8214
0





Crude Brent
103.37
Comex Copper
346.35

Crude WTI
87.74
Nat Gas
2.395

*THESE PRICES ARE FOR INDICATION ONLY CALL FOR QUOTES

Tuesday, May 29, 2012

The extended weekend in the U.S. seems to be just what the doctor ordered

There was a report over the weekend that a 16 year-old had solved a mathematical problem that stumped Sir Isaac Newton and has since baffled the world’s great minds for over 300 years. It had something to do with the angle of trajectory of a ball when subjected to gravity and wind resistance. However, the 16 year-old didn’t stop there, he also ventured to explain what happens when a ball hits a wall. Now, that’s all well and good but unless his newly derived equations can keep home prices in the U.S. from hitting the floor, keep the Eurozone together and help China maintain sustainable growth he’s not exactly solving some of the world’s more pressing problems. Nonetheless, kudos for the accomplishment! The extended weekend in the U.S. seems to be just what the doctor ordered for investors as markets kick off the short week on the upside. Major financial institutions in Greece were able to replenish capital with the help of a bailout on Monday easing concerns, for now, that the country may exit the Euro. However, Spain and it’s banking system are raising new concerns following bank downgrades at the end of last week. China’s slowing economy had weighed on the psyche of investors but hopes of stimulus spending in the world’s #2 economy has eased those concerns as well. Home prices in the U.S. have hit new lows with average home prices down 2.6% from the same time last year. According to S&P/Case-Shiller, prices haven’t been this low since 2002.
 
Metals
Last
 %Change
 Low
 High
Au-Aug
1582.3
0.72%
1572.9
1584.8
 Pt-Jul
1447.8
1.47%
1429.4
1448.7
 Pd-Jun
610.65
3.50%
588.70
613.55
 Ag-Jul
28.590
0.72%
28.140
28.760
London
AM
PM
Minor
PGMs
Au
1573.75
1579.5
 Rh
1280
Pt
1436
1435
 Ru
115
Pd
606
608
 Ir 
1100
Ag
28.25
 DJI
12602.26
147.43
Currencies




USD
EUR
JPY
GBP
USD
0
1.2535
0.012584
1.5687
EUR
0.7978
0
1.00389
1.2515
JPY
79.46
99.61
0
124.659
GBP
0.6375
0.79908
0.8022
0





Crude Brent
107.75
Comex Copper
349.45

Crude WTI
91.79
Nat Gas
2.525

*THESE PRICES ARE FOR INDICATION ONLY CALL FOR QUOTES

Friday, May 25, 2012

U.S. markets are expected to be quiet today

U.S. markets are expected to be quiet today as traders position themselves ahead of the extended holiday weekend. So quiet, in fact, that even a COMEX margin cut in the yellow metal may not entice market participants to do anything that may jeopardize a relatively relaxing 3-day weekend. The CME Group decision will take effect at close of business on Tuesday, May 29th. The Eurozone turmoil, highlighted by Greece and Spain’s economic uncertainty, coupled with the prospects of slowing growth in China will give investors plenty to think about over the next few days as they contemplate their next moves. Greece will lend some of the spotlight to Spain today amid an inevitable bailout request from the county’s fourth largest bank, Bankia. The request is expected to top €15 billon ($19 billion). Consumer sentiment in the U.S. hit a four-year high with the University of Michigan’s index climbing to 79.3 from Aprils 76.4. I suppose that when you can’t be any more pessimistic the only thing you can do is be optimistic? Best wishes to you all for a safe and enjoyable weekend.
 
Metals
Last
 %Change
 Low
 High
Au-Jun
1565.7
0.53%
1550.7
1569.9
 Pt-Jul
1422.6
0.03%
1412.0
1433.8
 Pd-Jun
590.25
0.37%
584.70
595.00
 Ag-Jul
28.320
0.58%
27.875
28.475
London
AM
PM
Minor
PGMs
Au
1560.5
1569.5
 Rh
1340
Pt
1430
1423
 Ru
115
Pd
592
590
 Ir 
1100
Ag
28.24
 DJI
12504.25
-25.5
Currencies




USD
EUR
JPY
GBP
USD
0
1.2528
0.012557
1.5671
EUR
0.7981
0
1.00228
1.2509
JPY
79.64
99.77
0
124.801
GBP
0.6381
0.7994
0.8013
0





Crude Brent
106.92
Comex Copper
345.6

Crude WTI
90.86
Nat Gas
2.566

*THESE PRICES ARE FOR INDICATION ONLY CALL FOR QUOTES