-- Published: Friday, 13 February 2015 | Print | Disqus
Please Note: US and Canadian stock markets are closed on Monday for President’s Day (and a variety of other holidays in Canada).
| Close | Gain/Loss | On Week |
Gold | $1228.50 | +$6.50 | -0.58% |
Silver | $17.29 | +$0.43 | +3.22% |
XAU | 77.28 | +0.85% | +0.23% |
HUI | 191.17 | +0.31% | -1.18% |
GDM | 590.26 | +0.55% | -1.00% |
JSE Gold | 1482.83 | -7.21 | -3.37% |
USD | 94.12 | UNCH | -0.56% |
Euro | 113.97 | -0.06 | +0.69% |
Yen | 84.19 | +0.25 | +0.15% |
Oil | $52.78 | +$1.57 | +2.11% |
10-Year | 2.021% | +0.035 | +4.28% |
Bond | 145.6875 | -1.125 | -1.35% |
Dow | 18019.35 | +0.26% | +1.09% |
Nasdaq | 4893.83 | +0.75% | +3.15% |
S&P | 2096.99 | +0.41% | +2.02% |
The Metals:
Gold climbed $9.18 to $1231.18 in Asia before it fell back to $1223.30 in London, but it then climbed to a new session high of $1234.85 in New York and ended with a gain of 0.53%. Silver rose to as high as $17.44 and ended with a gain of 2.55%.
Euro gold rose to about €1078, platinum gained $8 to $1204, and copper remained at about $2.60.
Gold and silver equities rose about 2% in the first 45 minutes of trade before they drifted back lower in afternoon trade, but they still ended with about 0.5% gains.
The Economy:
Report | For | Reading | Expected | Previous |
Export Prices | Jan | -2.0% | - | -1.0% |
Export Prices ex-ag. | Jan | -2.1% | - | -1.0% |
Import Prices | Jan | -2.8% | - | -1.9% |
Import Prices ex-oil | Jan | -0.7% | - | -0.1% |
Michigan Sentiment | Feb | 93.6 | 98.3 | 98.1 |
All of this week’s other economic reports:
Next week’s economic highlights include Empire Manufacturing, the NAHB Housing Market Index, and Net Long-Term TIC Flows on Tuesday, Housing Starts, Building Permits, PPI, Industrial Production, Capacity Utilization, and FOMC Minutes on Wednesday, and Initial Jobless Claims, 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 held yesterday’s losses on more poor economic data.
Treasuries fell as the Dow, Nasdaq, and S&P traded mostly higher on optimism about Europe.
German growth stunner cheers markets Reuters
Among the big names making news in the market Friday were ArcelorMittal, Qualcomm, Alibaba, and Apple.
GATA Posts:
The U.S. government wouldn't rig markets this way anymore, would it?
25% of physical gold buyers are crazy, metals executive says
Sweden cuts rates below zero as currency wars spread
The Statistics:
Activity from: 2/12/2015
Gold Warehouse Stocks: | 8,231,895.701 | -64.3 |
Silver Warehouse Stocks: | 176,338,461.590 | +774,026.155 |
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 | 771.513 | 24,804,923 | US$30,554m |
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$5,460m |
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$441m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 38.40 | 1,234,459 | US$1,506m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 1.792 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 167.03: -0.72 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,963.31: No change from yesterday’s data.
The Miners:
Midway’s (MDW) Draft EIS and Silvercorp’s (SVM) dividend were among the big stories in the gold and silver mining industry making headlines Friday.
WINNERS
1. McEwen | MUX +5.77% $1.10 |
2. Avino | ASM +5.23% $1.63 |
3. DRDGOLD | DRD +4.61% $2.27 |
LOSERS
1. Kinross | KGC -5.70% $2.81 |
2. Gold Fields | GFI -4.96% $4.83 |
3. IAMGOLD | IAG -3.46% $2.23 |
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, 13 February 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Weekly Wrap-Up: Gold and Silver End Mixed on the Week
