-- Published: Friday, 6 March 2015 | Print | Disqus
Gold dropped $34.13 to $1163.87 by early afternoon in New York before it edged back higher in late trade, but it still ended with a loss of 2.7%. Silver slipped to as low as $15.777 and ended with a loss of 2.1%.
Euro gold fell to about €1075, platinum lost $20 to $1156, and copper fell 4 cents to about $2.61.
Gold and silver equities fell about 7% by midafternoon and remained near that level for the rest of the day.
The BLS net birth/death adjustment added 132,000 payrolls to February’s data. Private Payrolls rose 288,000.
62.8%: Labor Force Participation Has Hovered Near 37-Year-Low for 11 Months CNS News
U.S. begins measures to buy time under debt limit Reuters
All of this week’s other economic reports:
Next week’s economic highlights include Wholesale Inventories on Tuesday, the Treasury Budget on Wednesday, Initial Jobless Claims, Retail Sales, Import and Export Prices, and Business Inventories on Thursday, and PPI and Michigan Sentiment on Friday.
Charts Courtesy of http://finance.yahoo.com/
Oil fell as the U.S. dollar index jumped higher on better than expected jobs data that sent treasuries higher and the Dow, Nasdaq, and S&P lower on interest rate concerns.
Among the big names making news in the market Friday were Etsy, Nissan, and Apple.
Does Rob McEwen really not wonder why gold isn't at $5,000 already?
Activity from: 3/5/2015
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: 165.46: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,181.17: +41.67 change from yesterday’s data.
No “winners” today.
HMY -10.96% $1.95
HL -10.27% $2.97
CDE -10.02% $5.03
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, 6 March 2015 | E-Mail | Print | Source: GoldSeek.com