-- Published: Friday, 20 March 2015 | Print | Disqus
| Close | Gain/Loss | On Week |
Gold | $1183.20 | +$12.90 | +2.42% |
Silver | $16.73 | +$0.60 | +7.45% |
XAU | 69.24 | +3.01% | +5.60% |
HUI | 169.76 | +2.70% | +5.67% |
GDM | 533.77 | +2.72% | +6.31% |
JSE Gold | 1276.97 | +26.55 | +13.71% |
USD | 97.89 | -1.33 | -2.38% |
Euro | 108.10 | +1.56 | +3.12% |
Yen | 83.27 | +0.49 | +1.08% |
Oil | $45.72 | +$1.76 | +1.96% |
10-Year | 1.930% | -0.047 | -8.62% |
Bond | 148.59375 | +0.625 | +1.79% |
Dow | 18127.72 | +0.94% | +2.13% |
Nasdaq | 5026.41 | +0.68% | +3.17% |
S&P | 2108.06 | +0.90% | +2.66% |
The Metals:
Gold held near unchanged in Asia and London, but it then climbed to as high as $1187.83 in New York and ended with a gain of 1.1%. Silver surged to as high as $16.90 and ended with a gain of 3.72%.
Euro gold fell to about €1095, platinum gained $14 to $1135, and copper climbed 9 cents to about $2.75.
Gold and silver equities rose about 4% by midday before they drifted back lower into the close, but they still ended with about 3% gains.
The Economy:
All of this week’s economic reports:
NAHB Housing Market Index - March | 53 v. 55 |
Next week’s economic highlights include Existing Home Sales on Monday, CPI, the FHFA Housing Price Index, and New Home Sales on Tuesday, Durable Goods Orders on Wednesday, Initial Jobless Claims on Thursday, and GDP and Michigan Sentiment on Friday.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil rose 4% on another decline in U.S. rig counts as the U.S. dollar index fell markedly and treasuries rose along with the Dow, Nasdaq, and S&P on renewed belief that the fed will not be raising interest rates anytime soon.
Among the big names making news in the market Friday were Holcim, Biotech, Nike, Tiffany, and Simon Property.
GATA Posts:
Ronan Manly: London gold trading data disappears as new fix mechanism begins
Bank of New York Mellon will settle currency trade case for $714 million
The Statistics:
Activity from: 3/19/2015
Gold Warehouse Stocks: | 7,836,627.072 | -67,368.132 |
Silver Warehouse Stocks: | 174,874,700.845 | -1,541,256.164 |
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 | 749.774 | 24,105,991 | US$28,511m |
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$5,273m |
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$425m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 38.40 | 1,234,459 | US$1,506m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 164.71: +0.69 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,181.17: No change from yesterday’s data.
The Miners:
Sandstorm’s (SAND) restructuring with Luna Gold (LGC.TO) and Randgold’s (GOLD) scrip dividend were among the big stories in the gold and silver mining industry making headlines Friday.
WINNERS
1. New Gold | NGD +7.54% $3.85 |
2. B2Gold | BTG +7.24% $1.63 |
3. Coeur | CDE +7.01% $5.34 |
LOSERS
1. Fortuna | FSM -2.08% $3.76 |
2. DRDGOLD | DRD -1.25% $1.58 |
3. Seabridge | SA -1.10% $6.29 |
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 March 2015 | E-Mail | Print | Source: GoldSeek.com