-- Published: Tuesday, 7 April 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1210.30 | -$5.40 |
Silver | $16.88 | -$0.12 |
XAU | 69.06 | -2.00% |
HUI | 169.60 | -2.12% |
GDM | 534.63 | -1.96% |
JSE Gold | 1253.48 | +32.30 |
USD | 97.94 | +0.92 |
Euro | 108.12 | -1.12 |
Yen | 83.07 | -0.62 |
Oil | $53.98 | +$1.84 |
10-Year | 1.893% | -0.011 |
Bond | 164.90625 | +1.15625 |
Dow | 17875.42 | -0.03% |
Nasdaq | 4910.23 | -0.14% |
S&P | 2076.33 | -0.21% |
The Metals:
Gold dropped $8.10 to $1207.60 in late Asian trade before it bounced back higher in London, but it then drifted back lower in New York and ended with a loss of 0.44%. Silver slipped to as low as $16.74 and ended with a loss of 0.71%.
Euro gold rose to about €119, platinum lost $4 to $1171, and copper climbed 4 cents to about $2.75.
Gold and silver equities fell almost 2% at the open before they rallied back to almost unchanged in the next 45 minutes of trade, but they then fell back off into the close and ended near their early lows.
The Economy:
Report | For | Reading | Expected | Previous |
JOLTS - Job Openings | Feb | 5.133M | - | 4.965M |
Consumer Credit | Feb | $15.5B | $12.5B | $11.6B |
Tomorrow brings FOMC Minutes.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil jumped up another 3.5% ahead of tomorrow’s supply data.
The U.S. dollar rose ahead of tomorrow’s fed minutes.
Treasuries ended decently higher in mixed trade.
The Dow, Nasdaq, and S&P saw decent gains for most of trade on mergers and acquisitions news, but they then fell back off into the close and ended slightly lower in low volume trade.
Among the big names making news in the market today were Vivendi, FedEx and TNT, Berkshire Hathaway, and Informatica.
GATA Posts:
Russia ready to offer Greeks cash in return for assets
World Bank chief endorses rival Asian Infrastructure Investment Bank
Ted Butler: An unavoidable comparison
The Statistics:
Activity from: 4/6/2015
Gold Warehouse Stocks: | 7,849,806.094 | - |
Silver Warehouse Stocks: | 176,687,541.039 | +399,879.21 |
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 | 735.447 | 23,645,347 | US$28,620m |
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$5,383m |
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$434m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 30.65 | 985,279 | US$1,193m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 1.79 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 164.88: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,010.34: No change from yesterday’s data.
The Miners:
Goldcorp’s (GG) dividend, Lake Shore’s (LSG) record quarterly production, Seabridge’s (SA) closed financing, and Banro’s (BAA) 2014 results were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Sandstorm | SAND +1.09% $3.72 |
2. Seabridge | SA +1.06% $6.67 |
LOSERS
1. First Majestic | AG -5.81% $5.35 |
2. Gold Fields | GFI -5.59% $4.22 |
3. Avino | ASM -4.23% $1.36 |
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, 7 April 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Fall Slightly
