-- Published: Friday, 11 April 2014 | Print | Disqus
| Close | Gain/Loss | On Week |
Gold | $1317.80 | -$0.20 | +1.10% |
Silver | $19.95 | -$0.10 | +0.05% |
XAU | 92.65 | -1.74% | -0.69% |
HUI | 226.35 | -1.49% | -0.03% |
GDM | 674.12 | -1.50% | +0.31% |
JSE Gold | 1536.24 | -4.52 | +3.93% |
USD | 79.50 | +0.09 | -1.14% |
Euro | 138.82 | -0.06 | +1.30% |
Yen | 98.39 | -0.08 | +1.59% |
Oil | $103.74 | +$0.34 | +2.57% |
10-Year | 2.619% | -0.009 | -3.93% |
Bond | 134.8125 | +0.375 | +1.41% |
Dow | 16026.75 | -0.89% | -2.35% |
Nasdaq | 3999.73 | -1.34% | -3.10% |
S&P | 1815.69 | -0.95% | -2.65% |
The Metals:
Gold edged down to $1314.22 at about 4:30AM EST before it rallied back to $1323.21 in the next few hours of trade, but it then dropped back down to $1315.61 in New York and ended with a loss of 0.015%. Silver slipped to $19.932 before it rallied back to $20.132, but it also fell back again off in New York and ended with a loss of 0.5%.
Euro gold remained at about €949, platinum gained $1 to $1452, and copper remained at about $3.04.
Gold and silver equities saw slight gains at the open, but they then fell back off for most of the rest of trade and ended with about 1.5% losses.
The Economy:
Report | For | Reading | Expected | Previous |
PPI | Mar | 0.5% | 0.1% | -0.1% |
Core PPI | Mar | 0.6% | 0.1% | -0.2% |
Michigan Sentiment | Apr | 82.6 | 81.0 | 80.0 |
All of this week’s other economic reports:
Next week’s economic highlights include Retail Sales and Business Inventories on Monday, CPI, Empire Manufacturing, Net Long-Term TIC Flows, and the NAHB Housing Market Index on Tuesday, Housing Starts, Building Permits, Industrial Production, Capacity Utilization, and the fed’s Beige Book on Thursday, and Initial Jobless Claims and the Philadelphia Fed on Thursday.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil ended slightly higher along with the U.S. dollar index on decent economic data.
Treasuries saw decent gains as the Dow, Nasdaq, and S&P fell again on poor earnings reports.
Among the big names making news in the market Friday were Coldwater Creek, GM, Samsung, Wells Fargo, and JPMorgan.
GATA Posts:
Koos Jansen: New physical gold exchange in Singapore
The Statistics:
Activity from: 4/10/2014
Gold Warehouse Stocks: | 7,759,543.962 | - |
Silver Warehouse Stocks: | 177,173,488.722 | -1,174,288.908 |
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) AND Mexico Stock Exchange (BMV) | SPDR® Gold Shares | 806.221 | 25,920,819 | US$34,156m |
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$5,857m |
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$473m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 40.38 | 1,298,280 | US$1,714m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 0.262 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 164.41: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,228.97: No change from yesterday’s data.
The Miners:
WINNER
1. Eldorado | EGO +0.17% $5.90 |
LOSERS
1. Comstock | LODE -9.30% $1.56 |
2. Pretivm | PVG -6.57% $6.11 |
3. Avino | ASM -5.88% $1.60 |
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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-- Published: Friday, 11 April 2014 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Weekly Wrap-Up: Gold and Silver End Slightly Higher on the Week
