-- Published: Friday, 14 November 2014 | Print | Disqus
Gold dropped $13.52 to $1148.28 by a little after 8:30AM EST, but it then jumped to as high as $1193.50 by early afternoon in New York and ended with a gain of 2.49%. Silver surged to as high as $16.384 and ended with a gain of 4.42%.
Euro gold climbed back over €950, platinum gained $18 to $1211, and copper climbed 6 cents to about $3.05.
Gold and silver equities fell over 2% at the open, but they then rallied back higher for most of the rest of trade and ended with about 6% gains.
Retail Sales ex-auto
Export Prices ex-ag.
Import Prices ex-oil
Fed's Bullard says sticking to interest rate and inflation forecasts Reuters
All of this week’s other economic reports:
Next week’s economic highlights include Empire Manufacturing, Industrial Production, and Capacity Utilization on Monday, PPI, the NAHB Housing Market Index, and Net Long-Term TIC Flows on Tuesday, Housing Starts, Building Permits, and FOMC Minutes on Wednesday, and Initial Jobless Claims, CPI, Existing Home Sales, the Philadelphia Fed survey, and Leading Economic Indicators on Thursday.
Charts Courtesy of http://finance.yahoo.com/
Oil rebounded from the last several weeks of notable losses.
The U.S. dollar index erased early gains and ended modestly lower as the euro rose on decent GDP data out of Germany and France.
Treasuries rose as the Dow, Nasdaq, and S&P waffled near unchanged in relatively quiet trade.
Among the big names making news in the market Friday were Hertz, Old Navy, Twitter, and Wells Fargo.
Ted Butler urges silver miners to stand up and fight market rigging
Activity from: 11/13/2014
Gold Warehouse Stocks:
Silver Warehouse Stocks:
Global Gold ETF Holdings
[WGC Sponsored ETF’s]
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
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: Change in Total Tonnes from yesterday’s data: SPDR subtracted 2.052 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 160.42: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,789.82: +62.59 change from yesterday’s data.
Freeport’s (FCX) completed note sale, B2Gold’s third quarter results, Silvercorp’s (SVM) dividend, and Pan American’s (PAAS) third quarter results were among the big stories in the gold and silver mining industry making headlines Friday.
IAG +21.84% $2.12
2. Allied Nevada
ANV +14.17% $1.37
CDE +12.89% $4.29
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, 14 November 2014 | E-Mail | Print | Source: GoldSeek.com