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.

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.

No comments:

Post a Comment