-- Published: Monday, 30 March 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1185.50 | -$13.20 |
Silver | $16.71 | -$0.24 |
XAU | 66.51 | -1.79% |
HUI | 162.32 | -2.35% |
GDM | 513.08 | -2.12% |
JSE Gold | 1241.04 | -18.64 |
USD | 98.04 | +0.71 |
Euro | 108.13 | -0.80 |
Yen | 83.22 | -0.72 |
Oil | $48.68 | -$0.19 |
10-Year | 1.963% | +0.015 |
Bond | 163.53125 | -0.875 |
Dow | 17976.31 | +1.49% |
Nasdaq | 4947.11 | +1.15% |
S&P | 2086.24 | +1.22% |
The Metals:
Gold dropped $16.14 to $1182.56 by a little after 9AM EST before it bounced back higher at times, but it still ended with a loss of 1.1%. Silver slipped to as low as $16.64 and ended with a loss of 1.42%.
Euro gold fell to about €1096, platinum lost $17 to $1117, and copper climbed a couple of cents to about $2.78.
Gold and silver equities fell about 2.5% at the open and remained near that level for the rest of the day.
The Economy:
Report | For | Reading | Expected | Previous |
Personal Income | Feb | 0.4% | 0.3% | 0.4% |
Personal Spending | Feb | 0.1% | 0.2% | -0.2% |
PCE Prices – Core | Feb | 0.1% | 0.1% | 0.1% |
Pending Home Sales | Feb | 3.1% | 0.4% | 1.2% |
Tomorrow brings the Case-Shiller 20-city Index, Chicago PMI, and Consumer Confidence.
When do markets close for Good Friday? MarketWatch
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil traded mixed and ended slightly lower on uncertainty about talks over Iran’s nuclear program.
The U.S. dollar rose as the euro fell on renewed worries about Greece’s debt.
Treasuries edged lower as the Dow, Nasdaq, and S&P rose over 1% on deal making news.
Among the big names making news in the market today were Horizon and Hyperion, AIG, Teva and Auspex, Fidelity, Morgan Stanley, and UnitedHealth and Catamaran.
GATA Posts:
Australia ready to join Asian Infrastructure Investment Bank
Former Canadian foreign minister, former U.S. House speaker join Barrick advisory board
Miners' gold forward sales surged 103 tonnes last year, most since 1999
The Statistics:
Activity from: 3/27/2015
Gold Warehouse Stocks: | 7,980,935.794 | -160.75 |
Silver Warehouse Stocks: | 177,079,315.999 | +601,401.898 |
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 | 737.237 | 23,702,920 | US$28,088m |
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$5,264m |
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 | 30.65 | 985,365 | US$1,168m |
Note: No change in Total Tonnes from yesterday’s data.
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: No change from yesterday’s data.
The Miners:
Claude’s (CGR) 2014 results, Randgold’s (GOLD) dividend, reserves, and growth opportunities, Fortuna’s (FSM) credit facility, and Revett’s (RVM) 2014 results were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Freeport | FCX +3.09% $19.38 |
2. Buenaventura | BVN +1.77% $10.34 |
LOSERS
1. MAG Silver | MVG -7.15% $6.36 |
2. IAMGOLD | IAG -6.93% $1.88 |
3. Avino | ASM -5.63% $1.34 |
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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© Gold Seeker 2015
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-- Published: Monday, 30 March 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Fall Over 1%
