-- Published: Friday, 27 February 2015 | Print | Disqus
Gold edged down to $1204.71 in late Asian trade before it climbed up to $1219.32 in late morning New York trade and then fell back off into the close, but it still ended with a gain of 0.22%. Silver rose to as high as $16.697 and ended with a gain of 0.18%.
Euro gold rose to about €1082, platinum gained $13 to $1185, and copper remained at about $2.69.
Gold and silver equities rose over 2% by late morning before they drifted back lower in afternoon trade, but they still ended with over 1% gains.
Pending Home Sales
All of this week’s other economic reports:
Next week’s economic highlights include Personal Income and Spending, Core PCE Prices, the ISM Index, and Construction Spending on Monday, ADP Employment, ISM Services, and the fed’s Beige Book on Wednesday, Initial Jobless Claims, Productivity, Unit Labor Costs, and Factory Orders on Thursday, and February’s jobs data, the Trade Balance, and Consumer Credit on Friday.
Charts Courtesy of http://finance.yahoo.com/
Oil traded mostly higher after “Baker Hughes reported that the number of U.S. rigs actively drilling for oil and natural gas as of Feb. 27 fell 43 rigs to 1,267.”
The U.S. dollar index held near unchanged along with treasuries on mixed economic data that sent the Dow, Nasdaq, and S&P lower.
Among the big names making news in the market Friday were Hyflux, Warren Buffet, Apple, and J.C. Penney
Brien Lundin: Don't expect much from Justice probe of gold market rigging
Activity from: 2/26/2015
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: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 166.43: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,131.48: No change from yesterday’s data.
Banro’s (BAA) financing, Richmont’s (RIC) COO resignation, and Buenaventura’s (BVN) year end results were among the big stories in the gold and silver mining industry making headlines Friday.
BVN +6.53% $11.58
EGO +4.88% $5.80
CDE +4.47% $5.84
1. Allied Nevada
ANV -2.91% $1.00
2. Alamos Gold
AGI -2.10% $6.05
SA -1.40% $7.77
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, 27 February 2015 | E-Mail | Print | Source: GoldSeek.com