-- Published: Monday, 9 March 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1166.90 | +$1.20 |
Silver | $15.79 | -$0.08 |
XAU | 65.22 | -3.51% |
HUI | 160.37 | -3.74% |
GDM | 500.33 | -3.76% |
JSE Gold | 1152.55 | -65.44 |
USD | 97.61 | -0.05 |
Euro | 108.53 | +0.10 |
Yen | 82.54 | -0.22 |
Oil | $50.00 | +$0.39 |
10-Year | 2.195% | -0.045 |
Bond | 144.125 | +0.75 |
Dow | 17995.72 | +0.78% |
Nasdaq | 4942.43 | +0.31% |
S&P | 2079.43 | +0.39% |
The Metals:
Gold climbed almost $10 to $1175.38 at about 7AM EST before it fell back off throughout all of trade in New York, but it still ended with a gain of 0.1%. Silver rose to as high as $15.98 before it also fell back off and ended with a loss of 0.5%.
Euro gold remained at about €1075, platinum lost $11 to $1145, and copper climbed 6 cents to about $2.67.
Gold and silver equities fell almost 4% by early afternoon and remained near that level for the rest of the day.
The Economy:
CBO raises U.S. fiscal 2015 deficit forecast to $486 billion Reuters
Tomorrow brings Wholesale Inventories for January expected at -0.1%.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil rose as the U.S. dollar edged lower on profit taking.
Treasuries rose as the European Central Bank started its bond-buying program.
The Dow, Nasdaq, and S&P rose on deal making news.
Among the big names making news in the market today were Simon, Janus, and HSBC.
GATA Posts:
Ed Steer: Gold manipulation -- the 'London bias' -- 1970-2014
Because of HFT, markets are more easily manipulated now, Chilton tells Martenson
Comex gold can't be crashed but would go to cash settlement, Grant Williams says
Banking, currency risks argue for monetary metals, Sprott tells Future Money Trends
This is the only gold central banks will let go up
The Statistics:
Activity from: 3/6/2015
Gold Warehouse Stocks: | 8,263,301.845 | -123,067.60 |
Silver Warehouse Stocks: | 178,035,659.070 | -550,818.19 |
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 | 756.321 | 24,316,469 | US$28,398m |
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$5,188m |
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$419m |
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 4.478 tonnes.
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: No change from yesterday’s data.
The Miners:
WINNERS
1. Freeport | FCX +0.93% $19.62 |
2. Turquoise | TRQ +0.64% $3.15 |
LOSERS
1. Avino | ASM -9.22% $1.28 |
2. First Majestic | AG -9.09% $5.00 |
3. NovaGold | NG -7.98% $3.00 |
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: Monday, 9 March 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver End Mixed
