-- Posted Monday, 1 April 2013 | | Disqus
| Close | Gain/Loss |
Gold | $1598.50 | +$0.90 |
Silver | $28.01 | $-0.41 |
XAU | 133.98 | -1.30% |
HUI | 353.15 | -1.11% |
GDM | 1037.46 | -1.22% |
JSE Gold | 1856.04 | -8.85 |
USD | 82.74 | -0.25 |
Euro | 128.49 | +0.31 |
Yen | 107.14 | +0.93 |
Oil | $97.07 | -$0.16 |
10-Year | 1.840% | -0.012 |
T-Bond | 144.84375 | +0.375 |
Dow | 14572.85 | -0.04% |
Nasdaq | 3239.17 | -0.87% |
S&P | 1562.17 | -0.45% |
The Metals:
Gold chopped around in a tight range of $1595.00 to $1600.90 in lackluster post-holiday trade and ended with a gain of 0.06%. Silver slipped to as low as $27.87 and ended with a loss of 1.44%.
Euro gold closed above €1244, platinum gained $24 to $1588, and copper settled near $3.71.
Gold and silver equities traded mostly slightly lower and ended with about 1% losses.
The Economy:
Report | For | Reading | Expected | Previous |
ISM Index | Mar | 51.3 | 54.0 | 54.2 |
Construction Spending | Feb | 1.2% | 0.9% | -2.1% |
Tomorrow at 10AM EST brings Factory Orders for February expected at 2.6%.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell along with the U.S. dollar index on this morning’s worse than expected manufacturing data that sent treasuries higher and the Dow, Nasdaq, and S&P lower.
Among the big names making news in the market today were J.C. Penney, Novartis, Tesla, Chesapeake, Exxon, and Lear.
GATA Posts:
Australia and China plan to trade directly in their own currencies
In Daily Reckoning interview, Sprott notes central banks' deceptive accounting of gold
Fed shorting gold to support dollar, former Assistant Treasury Secretary Roberts says
The Statistics:
As of close of business: 3/28/2013
Gold Warehouse Stocks: | 9,246,067.464 | -33,365.535 |
Silver Warehouse Stocks: | 164,446,884.569 | +283,792.63 |
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 | 1221.260 | 39,264,721 | US$62,727m |
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$7,084m |
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$573m |
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: 212.16: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,703.59: No change from yesterday’s data.
The Miners:
Alamos Gold’s (AGI) dividend and permitting update, MAG Silver’s (MVG) 2012 results, Alexco’s (AXU) private placement, and Impact Silver’s (IPT.V) 2012 results were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Golden Minerals | AUMN +2.94% $2.45 |
2. Avino | ASM +1.36% $1.49 |
3. Alamos | AGI +0.95% $13.84 |
LOSERS
1. Revett | RVM -9.21% $2.07 |
2. Vista Gold | VGZ -6.94% $2.01 |
3. Almaden | AAU -6.94% $2.01 |
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 2013
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-- Posted Monday, 1 April 2013 | Digg This Article
| Source: GoldSeek.com
Gold Seeker Closing Report: Gold Edges Up While Silver Slips
