-- Published: Wednesday, 22 April 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1186.80 | -$15.00 |
Silver | $15.79 | -$0.22 |
XAU | 69.38 | -2.57% |
HUI | 172.51 | -3.63% |
GDM | 537.94 | -2.73% |
JSE Gold | 1352.21 | -20.95 |
USD | 98.02 | +0.05 |
Euro | 107.25 | -0.08 |
Yen | 83.37 | -0.16 |
Oil | $56.16 | -$0.45 |
10-Year | 1.972% | +0.056 |
Bond | 161.0625 | -2.3125 |
Dow | 18038.27 | +0.49% |
Nasdaq | 5035.17 | +0.42% |
S&P | 2107.96 | +0.51% |
The Metals:
Gold bumped up to $1204.68 in Asia before it fell back to $1185.87 by late morning in New York and then bounced back higher into early afternoon, but it then drifted back lower into the close and ended with a loss of 1.25%. Silver slipped to as low as $15.70 and ended with a loss of 1.37%.
Euro gold fell to about €1106, platinum lost $21 to $1126.50, and copper fell a few cents to about $2.67.
Gold and silver equities fell as much as 3% by midmorning and remained near that level for the rest of the day.
The Economy:
Report | For | Reading | Expected | Previous |
FHFA Housing Price Index | Feb | 0.7% | - | 0.3% |
Existing Home Sales | Mar | 5.19M | 5.05M | 4.89M |
Mortgage applications rose in latest week: MBA Reuters
Tomorrow brings Initial Jobless Claims and New Home Sales.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil briefly turned higher after the Energy Information Administration reported that crude inventories rose 5.3 million barrels, gasoline inventories fell 2.1 million barrels, and distillates rose 400,000 barrels, but it then fell back off by the close and ended with a near 1% loss after traders looked deeper into the report.
The U.S. dollar erased overnight losses and treasuries fell on better than expected housing data that lifted the Dow, Nasdaq, and S&P higher for most of the rest of trade.
Among the big names making news in the market today were Boeing, Gazprom, Tesco, Yahoo, Coke, and McDonald’s.
GATA Posts:
Swiss central bank reduces exemptions from negative interest rates
Book tells of Germany's foreign-vaulted gold and the campaign to bring it home
The Statistics:
Activity from: 4/21/2015
Gold Warehouse Stocks: | 7,912,357.942 | +140,931.041 |
Silver Warehouse Stocks: | 175,238,357.145 | +76,730.305 |
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 | 742.347 | 23,867,202 | US$28,375m |
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$5,283m |
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$5,839m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$427m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 29.03 | 933,357 | US$1,117m |
Note: Change in Total Tonnes from yesterday’s data: SPDR added 3.282 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 165.58: +0.30 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,150.14: No change from yesterday’s data.
The Miners:
Gold Resource’s (GORO) preliminary production results, Richmont’s (RIC) first quarter gold production, and First Majestic’s (AG) closed financing were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Freeport | FCX +1.68% $20.57 |
2. SilverCrest | SVLC +0.94% $1.07 |
3. Avino | ASM +0.74% $1.36 |
LOSERS
1. Harmony | HMY -6.83% $1.91 |
2. Alamos | AGI -5.47% $6.74 |
3. Gold Fields | GFI -4.99% $4.19 |
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, 22 April 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Fall Over 1%
