-- Posted Thursday, 22 March 2012 | | Disqus
Gold saw slight gains in Asia before it fell to as low as $1628.00 by about 9:30AM EST, but it then rallied back higher into the close and ended with a loss of just 0.41%. Silver slipped to as low as $31.09 by early afternoon in New York before it also bounced back higher in late trade, but it still ended with a loss of 2.18%.
Euro gold fell to about €1256, platinum lost $20 to $1617, and copper dropped 8 cents to about $3.76.
Gold and silver equities fell about 2% at the open and remained near that level for the rest of the day.
FHFA Housing Price Index
Mortgage Rates for 30-Year Loans Rise to Highest in Five Months Bloomberg
Most Americans Since 2004 See Economy Improving as Jobs Pick Up Bloomberg
Tomorrow at 10AM EST brings New Home Sales for February expected at 323,000.
Charts Courtesy of http://finance.yahoo.com/
Oil fell as the U.S. dollar index and treasuries rose on worries about slowing economic growth in Europe and China that sent the Dow, Nasdaq, and S&P lower.
Among the big names making news in the market today were FedEx, Fannie Mae and Freddie Mac, and McDonald’s.
Turkey targets gold stashes
Finance council should speed up speculation curbs, Chilton says
The CFTC has already done all it can about silver -- and everything else
James Turk: Bernanke goes to (my) college
As of close of business: 3/21/2012
Gold Warehouse Stocks:
Silver Warehouse Stocks:
Global Gold ETF Holdings
[WGC Sponsored ETF’s]
New York Stock Exchange Arca (NYSE Arca) AND Singapore Exchange (SGX) AND Tokyo Stock Exchange (TSE) AND Hong Kong Stock Exchange (HKEx)
SPDR® Gold Shares
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra)
Gold Bullion Securities
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) AND NYSE Euronext Amsterdam
ETFS Physical Gold
Australian Stock Exchange (ASX)
Gold Bullion Securities
Johannesburg Securities Exchange (JSE)
New Gold Debentures
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 182.36: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,726.99: -25.68 change from yesterday’s data.
Eldorado’s (EGO) Greece activity update, NovaGold’s (NG) spin-out recommendation, New Gold’s (NGD) acquisition of mineral claims, ITH’s (THM) operations update, Randgold’s (GOLD) monitoring of event in Mali, Gold Fields’ (GFI) exercised option, and MAG Silver’s (MVG) drill results were among the big stories in the gold and silver mining industry making headlines today.
ASM +6.51% $2.29
2. Tanzanian Royalty
TRX +5.02% $4.81
3. Endeavour Silver
EXK +2.82% $9.49
THM -9.17% $4.16
BAA -6.76% $4.55
Winners & Losers tracks NYSE and AMEX listed gold and silver mining stocks that trade over $1.
Please see Yahoo’s Mining/Metals News Wire for all of today’s mining news.
- Chris Mullen, Gold Seeker Report
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© Gold Seeker 2012
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-- Posted Thursday, 22 March 2012 | Digg This Article | Source: GoldSeek.com