-- Published: Tuesday, 31 March 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1184.20 | -$1.30 |
Silver | $16.65 | -$0.06 |
XAU | 65.49 | -1.53% |
HUI | 159.60 | -1.67% |
GDM | 507.49 | -1.09% |
JSE Gold | 1226.54 | -14.50 |
USD | 98.31 | +0.27 |
Euro | 107.54 | -0.70 |
Yen | 83.37 | +0.13 |
Oil | $47.60 | -$1.08 |
10-Year | 1.934% | -0.029 |
Bond | 163.8125 | +0.34375 |
Dow | 17776.12 | -1.11% |
Nasdaq | 4900.88 | -0.94% |
S&P | 2067.89 | -0.88% |
The Metals:
Gold dropped $6.79 to $1178.71 in Asia before it rallied back to $1190.56 in late morning New York trade and then fell back off into midday, but it then bounced back higher in the last couple of hours of trade and ended with a loss of just 0.11%. Silver rose to as high as $16.84 before it also fell back off, but it ended with a loss of just 0.36%.
Euro gold rose to about €1101, platinum gained $23 to $1140, and copper fell 4 cents to about $2.74.
Gold and silver equities saw slight gains in the first 90 minutes of trade, but they then fell back off for most of the rest of the day and ended with about 1.5% losses.
The Economy:
Report | For | Reading | Expected | Previous |
Case-Shiller 20-city Index | Jan | 4.6% | 4.6% | 4.4% |
Chicago PMI | Feb | 46.3 | 52.0 | 45.8 |
Consumer Confidence | Mar | 101.3 | 96.4 | 98.8 |
Tomorrow brings ADP Employment, the ISM Index, and Construction Spending.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell over 2% on hopes for a successful resolution for a nuclear deal with Iran.
The U.S. dollar rose as the euro dropped on continued worries about Greece.
Treasuries saw decent gains as the Dow, Nasdaq, and S&P dropped about 1% by the close on uncertainty about upcoming earnings and economic reports.
Among the big names making news in the market today were Charter, Comcast, and Cablevision.
The Statistics:
Activity from: 3/30/2015
Gold Warehouse Stocks: | 8,010,674.044 | +29,738.75 |
Silver Warehouse Stocks: | 176,650,138.709 | -429,177.29 |
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$28,123m |
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$5,274m |
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$426m |
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:
AngloGold’s (AU) mines in Mali, Gold Fields (GFI) executive pay and Integrated Annual Report, SEMAFO’s (SMF.TO) mineral resource estimate, Crocodile Gold’s (CRK.TO) Mineral Reserve and Mineral Resource base, and First Majestic’s (AG) Technical Report were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Turquoise | TRQ +4.35% $3.12 |
2. DRDGOLD | DRD +4.22% $1.73 |
3. Primero | PPP +2.39% $3.43 |
LOSERS
1. Rio Alto | RIOM -5.73% $2.47 |
2. Tahoe | TAHO-5.35% $10.96 |
3. Seabridge | SA -5.34% $5.49 |
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: Tuesday, 31 March 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver End Slightly Lower in Mixed Trade
