-- Posted Tuesday, 30 April 2013 | | Disqus
| Close | Gain/Loss |
Gold | $1476.00 | +$5.60 |
Silver | $24.26 | -$0.07 |
XAU | 109.35 | +1.36% |
HUI | 283.78 | +1.03% |
GDM | 840.74 | +1.40% |
JSE Gold | 1497.98 | -42.70 |
USD | 81.72 | -0.40 |
Euro | 131.67 | +0.68 |
Yen | 102.60 | +0.30 |
Oil | $93.46 | -$1.04 |
10-Year | 1.675% | +0.007 |
T-Bond | 148.46875 | -0.125 |
Dow | 14839.80 | +0.14% |
Nasdaq | 3328.79 | +0.66% |
S&P | 1597.57 | +0.25% |
The Metals:
Gold fell $9.50 to $1460.90 in Asia before it jumped up to $1479.80 at about 4AM EST and then drifted back lower in morning New York trade, but it then rallied back higher in afternoon trade and ended with a gain of 0.38%. Silver surged to as high as $24.449 in Asia before it also fell back off in morning New York trade, but it then bounced back higher in afternoon trade and ended with a loss of just 0.27%.
Euro gold fell to about €1121, platinum lost $0.50 to $1503.50, and copper fell a few cents to about $3.19.
Gold and silver equities fell about 3% by midday, but they then rallied back higher in the last four hours of trade and ended with over 1% gains.
The Economy:
Report | For | Reading | Expected | Previous |
Employment Cost Index | Q1 | 0.3% | 0.5% | 0.4% |
Case-Shiller 20-city Index | Feb | 9.3% | 8.7% | 8.1% |
Chicago PMI | Apr | 49.0 | 52.0 | 52.4 |
Consumer Confidence | Apr | 68.1 | 61.0 | 59.7 |
Tomorrow brings ADP Employment, the ISM Index, Constructions Spending, and a FOMC Rate Decision.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell on expectations for ample supplies in tomorrow’s inventory report.
The U.S. dollar index fell ahead of tomorrow’s FOMC meeting while the euro rose ahead of Thursday’s ECB meeting.
Treasuries waffled near unchanged on mixed economic data.
The Dow, Nasdaq, and S&P traded mixed on varied earnings reports.
Among the big names making news in the market today were Symantec, Hartford Financial, IBM, Aetna, MGIC, Starwood Hotels, McGraw-Hill, and Apple.
GATA Posts:
Dwindling U.S. gold stocks signal surge in physical demand
Kinross probably can't make big Mauritania mine work even at $1,500 gold
Perth Mint testifies to exploding demand for gold after price fall
The Statistics:
As of close of business: 4/29/2013
Gold Warehouse Stocks: | 8,129,154.235 | +79,911.854 |
Silver Warehouse Stocks: | 166,050,018.074 | -2,655.026 |
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 | 1080.644 | 34,743,798 | US$51,015m |
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$6,521m |
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$528m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 42.45 | 1,364,715 | US$2,214m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 2.407 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 195.56: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,407.44: +15.02 change from yesterday’s data.
The Miners:
Gold Fields’ (GFI) Mineral Resources and Mineral Reserves publications, Allied Nevada’s (ANV) bought deal financing and operations update, AuRico’s (AUQ) executive chairman leave of absence, Timmins Gold’s (TGD) drill results, Buenaventura’s (BVN) first quarter results, Barrick’s (ABX) debt pricing, and Newmont’s (NEM) first quarter results were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. McEwen | MUX +6.88% $2.33 |
2. Eldorado | EGO +5.88% $7.92 |
3. Harmony | HMY +4.69% $5.13 |
LOSERS
1. Allied Nevada | ANV-9.55% $10.70 |
2. Eurasian | EMXX-6.54% $1.43 |
3. Buenaventura | BVN-5.66% $20.02 |
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 Tuesday, 30 April 2013 | Digg This Article
| Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver End Near Unchanged
