-- Posted Friday, 15 March 2013 | | Disqus
| Close | Gain/Loss | On Week |
Gold | $1591.60 | +$3.10 | +0.86% |
Silver | $28.73 | -$0.02 | -0.76% |
XAU | 134.46 | +0.37% | +0.88% |
HUI | 352.26 | +0.36% | +0.55% |
GDM | 1035.49 | +0.25% | +0.60% |
JSE Gold | 1953.00 | +23.90 | +2.78% |
USD | 82.22 | -0.36 | -0.65% |
Euro | 130.61 | +0.57 | +0.47% |
Yen | 104.83 | +0.76 | +0.70% |
Oil | $93.45 | +$0.42 | +1.63% |
10-Year | 1.996% | -0.037 | -2.92% |
Bond | 143.34375 | +0.53125 | +0.61% |
Dow | 14514.11 | -0.17% | +0.81% |
Nasdaq | 3249.06 | -0.30% | +0.14% |
S&P | 1560.70 | -0.16% | +0.61% |
The Metals:
Gold climbed $10.04 to $1598.54 at about 10AM EST before it fell back off into the close, but it still ended with a gain of 0.2%. Silver surged to as high as $29.01 and ended with a loss of 0.07%.
Euro gold fell to under €1219, platinum lost $2.25 to $1585.25, and copper fell slightly to about $3.52.
Gold and silver equities traded mostly slightly higher and ended with modest gains.
The Economy:
Report | For | Reading | Expected | Previous |
CPI | Feb | 0.7% | 0.5% | 0.0% |
Core CPI | Feb | 0.2% | 0.2% | 0.3% |
Empire Manufacturing | Mar | 9.2 | 6.5 | 10.0 |
Net Long Term TIC Flows | Jan | $25.7B | - | $64.2B |
Industrial Production | Feb | 0.7% | 0.4% | 0.0% |
Capacity Utilization | Feb | 79.6% | 79.4% | 79.2% |
Michigan Sentiment | Mar | 71.8 | 77.6 | 77.6 |
Fed to hold course on stimulus despite debate over risks Reuters
All of this week’s other economic reports:
Next week’s economic highlights include the NAHB Housing Market Index on Monday, Housing Starts and Building Permits on Tuesday, a FOMC Rate Decision on Wednesday, and Initial Jobless Claims, the FHFA Housing Price Index, Existing Home Sales, the Philadelphia Fed, and Leading Economic Indicators on Thursday.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil rose as the U.S. dollar index fell on doubts that the fed will halt its quantitative easing program anytime soon.
Treasuries rose as the Dow, Nasdaq, and S&P fell on a surprisingly large drop in Michigan Sentiment.
Among the big names making news in the market Friday were SAC Capital, Pinnacle Foods, Boeing, JPMorgan, and Chesapeake Energy.
GATA Posts:
Manipulation, confiscation raised in Goldcore's Internet seminar with Silver-Investor.com's Morgan
So what if all markets are manipulated? This is what
Audio of GATA secretary's interview on Hong Kong radio is posted
One CFTC member talks down, another talks up probing gold, silver fixes
The Statistics:
Activity from: 3/14/2013
Gold Warehouse Stocks: | 9,736,296.774 | - |
Silver Warehouse Stocks: | 163,588,053.389 | +560,682.50 |
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 | 1236.307 | 39,748,497 | US$63,026m |
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) | Gold Bullion Securities | 138.13 | 4,441,056 | US$7,085m |
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) AND NYSE Euronext Amsterdam | ETFS Physical Gold | 152.66 | 4,908,200 | US$8,004m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$572m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 42.45 | 1,364,715 | US$2,214m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 213.53: -0.26 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,703.60: No change from yesterday’s data.
The Miners:
Comstock’s (LODE) completed stock offering, Centamin’s (CEE.TO) gold resource estimate, Paramount’s (PZG) warrant exercise, and Alexco’s (AXU) filed technical report were among the big stories in the gold and silver mining industry making headlines Friday.
WINNERS
1. Vista Gold | VGZ +9.80% $2.24 |
2. Exeter | XRA +8.40% $1.29 |
3. Great Panther | GPL +7.63% $1.41 |
LOSERS
1. Gold Resource | GORO-3.06% $12.68 |
2. Franco Nevada | FNV -2.86% $45.80 |
3. Avino | ASM -1.91% $1.54 |
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 2013
Note: This article may be reproduced provided the article, in full, is used and mention to Gold-Seeker.com 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. Gold-Seeker.com 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 Gold-Seeker.com’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 Friday, 15 March 2013 | Digg This Article
| Source: GoldSeek.com
Gold Seeker Weekly Wrap-Up: Gold and Silver End Mixed on the Week
