-- Published: Wednesday, 1 April 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1204.20 | +$20.00 |
Silver | $16.96 | +$0.31 |
XAU | 68.89 | +5.19% |
HUI | 169.14 | +5.98% |
GDM | 530.52 | +4.51% |
JSE Gold | 1197.42 | -29.12 |
USD | 98.22 | -0.09 |
Euro | 107.62 | +0.25 |
Yen | 83.53 | +0.25 |
Oil | $50.09 | +$2.49 |
10-Year | 1.868% | -0.066 |
Bond | 165.96875 | +2.09375 |
Dow | 17698.18 | -0.44% |
Nasdaq | 4880.22 | -0.42% |
S&P | 2059.69 | -0.40% |
The Metals:
Gold edged down to $1181.23 at about 6AM EST, but it then rose to as high as $1208.50 by early afternoon in New York and ended with a gain of 1.69%. Silver soared to as high as $17.089 and ended with a gain of 1.86%.
Euro gold rose to about €1119, platinum gained $21 to $1161, and copper climbed slightly to about $2.75.
Gold and silver equities climbed higher throughout most of the day and ended with about 5% gains.
The Economy:
Report | For | Reading | Expected | Previous |
ADP Employment | Mar | 189K | 225K | 214K |
ISM Index | Mar | 51.5 | 52.5 | 52.9 |
Construction Spending | Feb | -0.1% | -0.3% | -1.7% |
U.S. mortgage applications rise in latest week: MBA Reuters
Tomorrow brings Initial Jobless Claims, the Trade Balance, and Factory Orders.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil added to early Iranian driven gains and ended over 5% higher after The U.S. Energy Information Administration reported the crude inventories rose 4.8 million barrels, gasoline inventories fell 4.3 million barrels, and distillates rose 1.3 million barrels.
The U.S. dollar fell on poor economic data that sent treasuries higher and the Dow, Nasdaq, and S&P lower.
Among the big names making news in the market today were Monsanto, GE, and GoDaddy.
GATA Posts:
Iceland looks at ending boom and bust with radical money plan
The Statistics:
Activity from: 3/31/2015
Gold Warehouse Stocks: | 8,010,641.894 | -32.15 |
Silver Warehouse Stocks: | 176,650,138.709 | - |
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$28,360m |
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$5,340m |
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$432m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 30.65 | 985,344 | US$1,179m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 164.92: +0.21 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,014.56: -59.50 change from yesterday’s data.
The Miners:
Goldcorp’s (GG) commercial production at Éléonore, Timberline’s (TLR) closed project acquisition, Kirkland’s (KGI.TO) Debentures, and First Majestic’s (AG) 2014 Mineral Reserve and Resource estimates were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Harmony | HMY +14.37% $1.99 |
2. Barrick | ABX +9.58% $12.01 |
3. Gold Resource | GORO +9.40% $3.49 |
LOSERS
1. Alamos | AGI -0.68% $5.82 |
2. Fortuna | FSM -0.52% $3.82 |
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: Wednesday, 1 April 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Gain Almost 2% While Stocks Fall
