-- Published: Friday, 27 March 2015 | Print | Disqus
Gold edged up to $1205.16 in Asia before it fell back to $1192.69 by a little before 10AM EST, but it then bounced back higher into midday and ended with a loss of just 0.39%. Silver slipped to as low as $16.864 and ended with a loss of 0.59%.
Euro gold fell to about €1100, platinum lost $15 to $1134, and copper fell 5 cents to about $2.76.
Gold and silver equities fell over 2% in the first 20 minutes of trade, but they then rallied back higher in early afternoon trade and ended with less than 1% losses.
Yellen Sees Gradual Pace of Rate Increases Starting This Year Bloomberg
Fed's Fischer Says More Work Needed to Protect Financial System Bloomberg
All of this week’s other economic reports:
Next week’s economic highlights include Personal Income and Spending, Core PCE Prices, and Pending Home Sales on Monday, the Case-Shiller 20-city Index, Chicago PMI, and Consumer Confidence on Tuesday, ADP Employment, the ISM Index, and Construction Spending on Wednesday, Initial Jobless Claims, the Trade Balance, and Factory Orders on Thursday, and March’s jobs data on Friday.
Charts Courtesy of http://finance.yahoo.com/
Oil fell on easing worries about conflict in the Middle East.
The U.S. dollar index edged lower on mixed economic data that sent treasuries higher.
The Dow, Nasdaq, and S&P ended slightly higher in relatively quiet trade.
Among the big names making news in the market Friday were Ford, GM, Google, Chevron, ABN Amro, Novo Nordisk, and Dow Chemical.
USAWatchdog's Greg Hunter interviews GoldMoney's Alasdair Macleod
Former BIS official who admitted gold price suppression comes out for free markets
Activity from: 3/26/2015
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: Change in Total Tonnes from yesterday’s data: SPDR subtracted 5.97 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 164.71: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,074.06: -44.63 change from yesterday’s data.
Midway’s (MDW) first gold pour, Pretivm’s (PVG) Environmental Assessment Certificate, and Hecla’s (HL) merger agreement with Revett (RVM) were among the big stories in the gold and silver mining industry making headlines Friday.
1. Gold Resource
GORO +2.47% $3.32
2. MAG Silver
MVG +1.93% $6.85
3. First Majestic
AG +1.21% $5.87
ASM -5.33% $1.42
2. Rio Alto
RIOM -4.73% $2.62
HMY -4.26% $1.80
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 March 2015 | E-Mail | Print | Source: GoldSeek.com