-- Published: Friday, 10 April 2015 | Print | Disqus
| Close | Gain/Loss | On Week |
Gold | $1208.20 | +$13.10 | +0.57% |
Silver | $16.49 | +$0.29 | -1.49% |
XAU | 69.27 | +2.36% | +1.94% |
HUI | 171.18 | +2.92% | +2.48% |
GDM | 538.95 | +2.54% | +2.23% |
JSE Gold | 1246.29 | +49.90 | +2.06% |
USD | 99.34 | +0.28 | +1.86% |
Euro | 106.04 | -0.54 | -2.55% |
Yen | 83.20 | +0.29 | -0.38% |
Oil | $51.64 | +$0.85 | +5.09% |
10-Year | 1.951% | -0.007 | +2.47% |
Bond | 163.59375 | +0.34375 | -0.48% |
Dow | 18057.62 | +0.55% | +1.66% |
Nasdaq | 4995.97 | +0.43% | +2.23% |
S&P | 2102.06 | +0.52% | +1.70% |
The Metals:
Gold climbed $15.61 to $1210.71 at about 9:45AM EST before it chopped back lower into early afternoon trade, but it still ended with a gain of 1.1%. Silver rose to as high as $16.682 and ended with a gain of 1.79%.
Euro gold rose to about €1139, platinum gained $17 to $1171, and copper remained at about $2.73.
Gold and silver equities rose over 2% at the open and remained near that level for the rest of the day.
The Economy:
Report | For | Reading | Expected | Previous |
Export Prices | Mar | 0.1% | - | -0.2% |
Export Prices ex-ag. | Mar | 0.2% | - | -0.1% |
Import Prices | Mar | -0.3% | - | -0.2% |
Import Prices ex-oil | Mar | -0.4% | - | -0.3% |
Investors Size Up Yellen Collar as Dudley Outlines Fed Thinking Bloomberg
All of this week’s other economic reports:
Next week’s economic highlights include Retail Sales, PPI, and Business Inventories on Tuesday, Empire Manufacturing, Industrial Production, Capacity Utilization, the NAHB Housing Market Index, the Fed's Beige Book, and Net Long-Term TIC Flows on Wednesday, Initial Jobless Claims, Housing Starts, Building Permits, and the Philadelphia Fed on Thursday, and CPI, Michigan Sentiment, and Leading Economic Indicators on Friday.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil climbed almost 2% on worries about Iran over the weekend.
The U.S. dollar index saw decent gains as the euro fell on the view that the fed is more hawkish than the ECB for the time being.
Treasuries traded mostly higher on geopolitical concerns.
The Dow, Nasdaq, and S&P rose on cautious optimism about upcoming earnings reports.
Among the big names making news in the market Friday were Alibaba, GE, and Carrefour.
GATA Posts:
Tocqueville's strategy letter: Gold is as contrarian as it was in 1999
India's rich temples may open gold vaults for Prime Minister Modi
The Statistics:
Activity from: 4/9/2015
Gold Warehouse Stocks: | 7,793,472.603 | -56,172.741 |
Silver Warehouse Stocks: | 175,068,529.856 | -1,305,141.912 |
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 | 736.044 | 23,664,535 | US$28,556m |
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$5,359m |
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$433m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 30.65 | 985,279 | US$1,193m |
Note: Change in Total Tonnes from yesterday’s data: SPDR added 2.985 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 165.28: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,010.34: No change from yesterday’s data.
The Miners:
Gold Fields’s (GFI) wage agreement, Buenaventura’s (BVN) first quarter production results, and Crocodile Gold’s (CRK.TO) first quarter production results were among the big stories in the gold and silver mining industry making headlines Friday.
WINNERS
1. DRDGOLD | DRD +7.87% $1.92 |
2. AngloGold | AU +7.56% $10.24 |
3. Gold Fields | GFI +6.45% $4.29 |
LOSERS
1. SilverCrest | SVLC -2.80% $1.04 |
2. Freeport | FCX -2.56% $18.30 |
3. Tahoe | TAHO-1.64% $11.97 |
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, 10 April 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Weekly Wrap-Up: Gold and Silver End Mixed on the Week
