-- Published: Tuesday, 14 April 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1192.50 | -$7.20 |
Silver | $16.20 | -$0.10 |
XAU | 69.11 | +1.20% |
HUI | 172.14 | +1.29% |
GDM | 538.15 | +0.80% |
JSE Gold | 1306.18 | +26.99 |
USD | 98.79 | +0.36 |
Euro | 106.49 | +0.76 |
Yen | 83.72 | +0.48 |
Oil | $53.29 | +$1.38 |
10-Year | 1.904% | -0.035 |
Bond | 164.46875 | +1.00 |
Dow | 18036.70 | +0.33% |
Nasdaq | 4977.28 | -0.22% |
S&P | 2095.84 | +0.16% |
The Metals:
Gold dropped $16.53 to $1183.17 at about 8:30AM EST before it bounced back towards $1200 by late morning in New York, but it then drifted back lower into the close and ended with a loss of 0.6%. Silver slipped to as low as $15.999 and ended with a loss of 0.61%.
Euro gold fell to about €1120, platinum lost $2 to $1149, and copper fell slightly to about $2.70.
Gold and silver equities rose about 2% by midmorning before they fell back off at times, but they still ended with about 1% gains.
The Economy:
Report | For | Reading | Expected | Previous |
Retail Sales | Mar | 0.9% | 1.1% | -0.5% |
Retail Sales ex-auto | Mar | 0.4% | 0.6% | 0.0% |
PPI | Mar | 0.2% | 0.2% | -0.5% |
Core PPI | Mar | 0.2% | 0.1% | -0.5% |
Business Inventories | Feb | 0.3% | 0.2% | 0.0% |
Tomorrow brings Empire Manufacturing, Industrial Production, Capacity Utilization, the NAHB Housing Market Index, the Fed's Beige Book, and Net Long-Term TIC Flows.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil rose on geopolitical tensions and expectations for falling shale production in the US.
The U.S. dollar fell on poor economic data that sent treasuries higher.
The Dow, Nasdaq, and S&P traded mixed on uncertainty about earnings reports.
Among the big names making news in the market today were J.C. Penney, Nokia, Wells Fargo, and JPMorgan.
GATA Posts:
Gold Reserve makes push in Luxembourg to collect Venezuela award
FT: Greece prepares for debt default if talks with creditors fail
The Statistics:
Activity from: 4/13/2015
Gold Warehouse Stocks: | 7,865,699.514 | +32,161.32 |
Silver Warehouse Stocks: | 173,715,099.706 | -1,224,729.74 |
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 | 734.290 | 23,608,157 | US$28,200m |
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$5,314m |
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$428m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 30.65 | 985,279 | US$1,193m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 165.28: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,105.52: +20.82 change from yesterday’s data.
The Miners:
Gold Fields’ (GFI) production and cost guidance, Timmins Gold’s (TGDD) preliminary production results, Rubicon’s (RBY) commissioning process, and Coeur’s (CDE) updated and re-scoped mine plan were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Anglogold | AU +5.43% $10.88 |
2. Eldorado | EGO +4.73% $4.87 |
3. Coeur | CDE +4.07% $5.62 |
LOSERS
1. SilverCrest | SVLC -3.82% $1.01 |
2. Sandstorm | SAND -1.96% $3.51 |
3. Fortuna | FSM -1.94% $3.54 |
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, 14 April 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver End Slightly Lower
