Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | 

Commentary : Gold Stock Review : Markets : News Wire : Quotes : Radio : Silver : Stocks - Main >> News >> Story  Disclaimer 
Latest Headlines

Gold: Debates, Inflation, And Option Expiry
By: Stewart Thomson

Do You Really Own Your Gold?
By: Ted Bauman

The Debate Results - Who Won? Who Lost? Who Was the Mystery Third Debater?
By: Nathan McDonald

Will the Fed be able to fight the next recession?
By: Steve Saville, The Speculative Investor

The Case for Natural Resource Equities
By: Frank Holmes

PanTerra Withdraws from the Option Agreement for New Polaris Gold Mine Project
By: Canarc Resource Corp.

Gold and Silver Market Morning: Sep-27-2016 -- Gold and silver still building strength!
By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch

Asian Metals Market Update: Sep 27, 2016
By: Chintan Karnani, Insignia Consultants

Gold Seeker Closing Report: Gold and Silver Fall With Stocks and Dollar
By: Chris Mullen,

Brazil Resources completes final milestone payments for the Cachoeira Gold Project and provides an update on Brazilian gold projects
By: Brazil Resources Inc.


GoldSeek Web

Gold Seeker Closing Report: Gold Gains While Dow Drops
By: Chris Mullen,

-- Posted Tuesday, 10 April 2012 | | Disqus



















JSE Gold
































The Metals:


Gold rose to as high as $1653.82 in Asia before it fall all the way back to $1631.92 by about 11AM EST, but it then shot back higher midday and ended near its early afternoon high of $1662.90 with a gain of 1.08%.  Silver climbed to $31.83 before it dropped back to $31.161, but it also rallied back higher in late trade and ended with a gain of 0.73%.


Euro gold rose to about €1268, platinum lost $16.50 to $1594, and copper dropped 7 cents to about $3.65.


Gold and silver equities traded lower for most of the morning, but they then climbed back higher in afternoon trade and ended with about 1% gains.


The Economy:







Wholesale Inventories






Job Openings in U.S. Rose in February, Hiring Accelerated Bloomberg

Bernanke Calls on Regulators to Curb Shadow Banking Risks Bloomberg


Tomorrow at 8:30AM EST brings Import and Export Prices for March and at 2PM is the fed’s Beige Book for April and the Treasury Budget for March expected at -$193.0 billion.


The Markets:


Charts Courtesy of


The U.S. dollar index and treasuries rose while oil fell along with the Dow, Nasdaq, and S&P as a surge in Spanish and Italian bond yields fueled concern Europe’s debt crisis is worsening.


Among the big names making news in the market today were Facebook, Best Buy, Yahoo, DirecTV, Goldman Sachs, and GM.


GATA Posts:



Ted Butler: JPM's TV appearance hints of major change in silver market

Financial Survival Network interviews GATA Chairman Murphy

Allan Flynn: Two simple questions would explode the BIS' gold rigging


The Statistics:

As of close of business: 4/09/2012

Gold Warehouse Stocks:



Silver Warehouse Stocks:




Global Gold ETF Holdings

[WGC Sponsored ETF’s]


Product name

Total Tonnes

Total Ounces

Total Value

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: 180.77: No change from yesterday’s data.


Silver Trust (SLV) Total Tonnes in Trust: 9,665.38: No change from yesterday’s data.


The Miners:


Tanzanian Royalty’s (TRX) assay results, SEMAFO’s (SMF.TO) first quarter gold production, Allied Nevada’s (ANV) updated mine plan, Seabridge’s (SA) trading on the NYSE, Brigus Gold’s (BRD) drill results, Randgold’s (GOLD) settlement in Mali, SilverCrest’s (SVL.V) 2011 financial results, and Golden Minerals’ (AUMN) NI 43-101 report and increased production were among the big stories in the gold and silver mining industry making headlines today.



1.  Jaguar

JAG +14.11% $4.61

2.  Nevsun

NSU +5.37% $3.53

3.  Buenaventura

BVN+4.85% $41.93



1.  Entree

EGI -5.22% $1.09

2.  Revett

RVM-4.10% $3.74

3.  Loncor

LON-3.28% $1.18

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


- Would you like to receive the Free Daily Gold Seeker Report in your e-mail? Click here

Additional Resources for today’s Gold Seeker Report can be found:

© Gold Seeker 2012

Note: This article may be reproduced provided the article, in full, is used and mention to is given.



Disclosure: The owner, editor, writer and publisher and their associates are not responsible for errors or omissions.  The author of this report is not a registered financial advisor.  Readers should not view this material as offering investment related advice. has taken precautions to ensure accuracy of information provided. Information collected and presented are from what is perceived as reliable sources, but since the information source(s) are beyond’s control, no representation or guarantee is made that it is complete or accurate.  The reader accepts information on the condition that errors or omissions shall not be made the basis for any claim, demand or cause for action.  Past results are not necessarily indicative of future results.  Any statements non-factual in nature constitute only current opinions, which are subject to change.  Nothing contained herein constitutes a representation by the publisher, nor a solicitation for the purchase or sale of securities & therefore information, nor opinions expressed, shall be construed as a solicitation to buy or sell any stock, futures or options contract mentioned herein.  Investors are advised to obtain the advice of a qualified financial & investment advisor before entering any financial transaction.

-- Posted Tuesday, 10 April 2012 | Digg This Article | Source:

comments powered by Disqus


Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to >> Story

E-mail Page  | Print  | Disclaimer 

© 1995 - 2016 Supports

©, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of, its affiliates or advertisers. makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of, is strictly prohibited. In no event shall or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.