-- Published: Wednesday, 15 April 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1202.50 | +$10.00 |
Silver | $16.32 | +$0.12 |
XAU | 71.83 | +3.94% |
HUI | 178.03 | +3.42% |
GDM | 553.02 | +2.72% |
JSE Gold | 1333.99 | +27.81 |
USD | 98.34 | -0.45 |
Euro | 106.76 | +0.19 |
Yen | 83.88 | +0.14 |
Oil | $56.39 | +$3.10 |
10-Year | 1.900% | -0.004 |
Bond | 164.25 | -0.125 |
Dow | 18112.61 | +0.42% |
Nasdaq | 5011.01 | +0.68% |
S&P | 2106.63 | +0.51% |
The Metals:
Gold edged up to $1194.65 in Asia before it fell back to $1188.83 at about 8:30AM EST, but it then rose to as high as $1204.48 in New York and ended with a gain of 0.84%. Silver surged to as high as $16.403 and ended with a gain of 0.74%.
Euro gold rose to about €1125, platinum gained $11 to $1160, and copper climbed a couple of cents to about $2.72.
Gold and silver equities climbed higher throughout most of trade and ended with almost 4% gains.
The Economy:
Report | For | Reading | Expected | Previous |
Empire Manufacturing | Apr | -1.2 | 7.0 | 6.9 |
Industrial Production | Mar | -0.6% | -0.3% | 0.1% |
Capacity Utilization | Mar | 78.4% | 78.7% | 78.9% |
NAHB Housing Market Index | Apr | 56 | 55 | 52 |
U.S. mortgage applications fall in latest week-MBA Reuters
The fed's Beige Book noted that “the U.S. central bank said most of its regional Fed banks described growth as either progressing at a "moderate" or "modest" pace.”
Tomorrow brings Initial Jobless Claims, Housing Starts, Building Permits, and the Philadelphia Fed.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil extended higher after the Energy Information Administration reported that crude inventories rose 1.3 million barrels, gasoline inventories fell 2.1 million barrels, and distillates rose 2.0 million barrels.
The U.S. dollar fell on mostly disappointing economic data that sent treasuries higher in early trade, but bonds then fell back off a bit by the close.
The Dow, Nasdaq, and S&P rose on relief over decent earnings reports.
Among the big names making news in the market today were Toyota, Intel, Delta, Google, Bank of America, Nokia, and U.S. Bancorp.
The Statistics:
Activity from: 4/14/2015
Gold Warehouse Stocks: | 7,865,699.514 | - |
Silver Warehouse Stocks: | 173,679,036.406 | -36,063.30 |
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 | 736.081 | 23,665,725 | US$28,224m |
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$5,315m |
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$5,868m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$431m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 29.81 | 958,352 | US$1,145m |
Note: Change in Total Tonnes from yesterday’s data: SPDR added 1.791 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 165.28: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,105.52: No change from yesterday’s data.
The Miners:
Great Panther’s (GPL) first quarter production results and Fresnillo’s (FRES.LN) first quarter production results were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Freeport | FCX +10.61% $20.96 |
2. Rubicon | RBY +10.42% $1.06 |
3. DRDGOLD | DRD +8.74% $1.99 |
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, 15 April 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Gain About 1%
