-- Published: Friday, 20 February 2015 | Print | Disqus
Gold dipped down to $1201.64 in late Asian trade before it bounced back to $1214.54 in London, but it then fell to a new 7 week low of $1198.52 in New York and ended with a loss of 0.53%. Silver slipped to as low as $16.191 and ended with a loss of 0.98%.
Euro gold fell to about €1056, platinum lost $5 to $1161, and copper fell a couple of cents to ab $2.60.
Gold and silver equities saw over 1% gains throughout the morning, but they then fell back off in afternoon trade and ended near unchanged.
All of this week’s other economic reports:
NAHB Housing Market Index - February
55 v. 57
Next week’s economic highlights include Existing Home Sales on Monday, the Case-Shiller 20-city Index and Consumer Confidence on Tuesday, New Home Sales on Wednesday, Initial Jobless Claims, CPI, Durable Goods Orders, and the FHFA Housing Price Index on Thursday, and GDP, Chicago PMI, Michigan Sentiment, and Pending Home Sales on Friday.
Charts Courtesy of http://finance.yahoo.com/
Oil fell on the continued outlook for ample supplies.
The U.S. dollar index dropped as the euro climbed higher in afternoon trade on word that Euro zone finance ministers reached an agreement with Greece.
Treasuries erased early gains as the Dow, Nasdaq, and S&P climbed higher in late trade on optimism about Greece.
Among the big names making news in the market Friday were Pimco, Takata, RBS, and Credit Suisse.
The Danish krone suppression scheme joins the gold suppression scheme
March date set for gold fix switch
Activity from: 1/19/2015
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 added 1.493 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 167.03: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,086.84: No change from yesterday’s data.
Kirkland’s (KGI.TO) Chairman of the board appointment, SEMAFO’s (SMF.TO) historical resources, and Randgold’s (GOLD) joint corporate broker appointment were among the big stories in the gold and silver mining industry making headlines Friday.
NEM +4.58% $25.58
EGO +2.79% $5.16
HMY +1.68% $2.42
PZG -7.09% $1.18
2. Pan American
3. Silver Standard
SSRI -6.33% $5.41
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, 20 February 2015 | E-Mail | Print | Source: GoldSeek.com