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, February 28, 2013

The good news is that the U.S. economy didn’t contract in the last quarter of 2012

The good news is that the U.S. economy didn’t contract  in the last quarter of 2012. The bad news is that data shows the economy is growing slower than molasses, up .1% from October to December to be exact. However, recent positive economic data surrounding the country’s housing market and consumer confidence have helped perpetuate the recent risk-on sentiment as of late. Weekly jobless claims will only add to the heightened sense of optimism as data shows 22,000 fewer people filed for unemployment last week. U.S. equities markets have pushed higher over the past few sessions and look poised to continue the uptrend. This has pretty much put the kibosh on any upward momentum gold may have had as investors look to be favoring riskier assets despite tomorrows scheduled sequestration. Platinum continues to search for direction as the white metal trades either side of the $1600 mark. Palladium made a push back toward $750 but has since retreated to yesterday’s closing levels. Have a great day!

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