-- Published: Friday, 13 March 2015 | Print | Disqus
Gold gained $8.26 to $1161.56 in Asia before it fell back to $1151.57 in late morning New York trade, but it then bounced back higher in afternoon trade and ended with a gain of 0.17%. Silver rose to as high as $15.661 in Asia before it fell back to $15.484 and then also bounced back higher, but it still ended unchanged on the day.
Euro gold rose to about €1103, platinum remained at $1113, and copper climbed slightly to about $2.67.
Gold and silver equities fell as much as 3% by midmorning, but they then rallied back higher for most of the rest of trade and ended near unchanged.
Surprise! U.S. Economic Data Has Been the World's Most Disappointing Bloomberg
All of this week’s other economic reports:
Next week’s economic highlights include Empire Manufacturing, Industrial Production, Capacity Utilization, the NAHB Housing Market Index, and Net Long-Term TIC Flows on Monday, Building Permits and Housing Starts on Tuesday, a FOMC Rate Decision on Wednesday, and Initial Jobless Claims, the Current Account Balance, the Philadelphia Fed, and Leading Indicators on Thursday.
Charts Courtesy of http://finance.yahoo.com/
Oil fell almost 5% more as the U.S. dollar index rose despite more poor economic data as traders focused on next week’s fed meeting and the possibility that they will alter their statement in a way that allows them to raise interest rates soon.
Treasuries held near unchanged as the Dow, Nasdaq, and S&P dropped on worries about interest rates and the oil market.
Among the big names making news in the market Friday were Citigroup, Nomura, and Lumber Liquidators.
U.K. seeks to join China-backed Asian infrastructure bank
Activity from: 3/12/2015
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 subtracted 2.09 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 164.02: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,181.17: No change from yesterday’s data.
B2Gold’s (BTG) year end results and Banro’s (BAA) dividends were among the big stories in the gold and silver mining industry making headlines Friday.
SAND +5.78% $2.93
AUY +5.63% $3.75
PZG +5.21% $1.01
AU -4.53% $8.64
FCX -3.97% $18.14
HMY -3.43% $1.69
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 March 2015 | E-Mail | Print | Source: GoldSeek.com