This dataset provides daily spot prices for gold, silver, palladium, and platinum, and gold coin prices. Xignite collects, compiles and curates its precious metals data from a variety of high quality sources, including Morningstar, Six Financial Information, Chicago Mercantile Exchange, London Bullion Market Association, and the London Platinum and Palladium Market.
Xignite provides on-demand financial market data covering global equities, commodities, currencies, options, fixed income, mutual funds, derivatives, and OTC (“over-the-counter” or those traded in a context other than a formal exchange) instruments.
[Note that the dataset is a premium offering with Data-Planet Statistical Datasets. To see if your institution subscribes, look for the Precious Metals entry in the Stocks and Commodities folder in the Browse by Subject listing of the indicator tree.]
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Navigate to the Precious Metals Daily Spot Prices database in Data-Planet Statistical Datasets by using the Browse by Subject option or Search. You'll find the database in the indicator tree on the left-hand side of the screen by Browsing by Subject to the Stocks and Commodities folder. For Search, start typing daily prices and then select the database from the type-ahead as below:
In Data-Planet Statistical Datasets, daily spot prices for precious metals and coins can be viewed as stand-alone trends. For example, the chart below shows the trend in the daily spot price of the Bank of France Napoleon Gold coin.
Create a comparison of precious metals and/or coin prices as in the chart below. To select multiple indicators, hold down the control (Ctrl) key when clicking on the second (or third) item on the indicator tree. For more information on selecting data for viewing, see http://data-planet.libguides.com/statisticaldatasets .
Try it yourself with another indicator, eg, comparing daily prices of precious metals and/or coins to the prime rate, exchange rates, etc. Keep in mind that the graphs you create do not necessarily imply causality: the results may suggest a potential relationship between the variables you select, which may be an interesting line of inquiry for your own research.
For more information on using Data-Planet Statistical Datasets, see http://data-planet.libguides.com/statisticaldatasets .
Export data and/or infographics by using one of the many options available in Data-Planet Statistical Datasets.
For example, export the data in xls, csv, or SAS to manipulate in other statistical software. Embed an XML export on another web page.
The pdf option exports the chart you've created, along with descriptive metadata about the indicator and database, including a DOI link that provides a permanent link to the chart at the time it was created: