-- Published: Thursday, 23 April 2015 | Print | Disqus
Gold traded mostly slightly higher in Asia and London before it dropped back to $1186.35 at about 10AM EST, but it then climbed back higher for most of the rest of trade and ended near its early afternoon high of $1197.96 with a gain of 0.67%. Silver rose to $15.958 in London before it fell back to $15.755 at about 10AM EST, but it then rallied back higher into the close and ended with a gain of 0.63%.
Euro gold fell to about €1104, platinum gained $7.50 to $1134, and copper climbed a few cents to about $2.70.
Gold and silver equities chopped steadily higher for most of the day and ended with about 2% gains.
New Home Sales
Fed eyes ability of asset managers to repay in a panic Reuters
U.S. factory activity growth slows in April: Markit Reuters
Tomorrow brings Durable Goods Orders for March.
Charts Courtesy of http://finance.yahoo.com/
Oil rose almost 3% on renewed worries about escalating unrest in the Middle East.
The U.S. dollar fell on poor economic data in the US while the euro jumped higher “on speculation that Greece and its creditors will reach a deal to receive aid payments before the country runs out of money.”
Treasuries bounced back from yesterday’s notable selloff.
The Dow, Nasdaq, and S&P reversed early losses and ended with modest gains on mixed earnings reports.
Among the big names making news in the market today were Dow Chemical, P&G, Caterpillar, 3M, YouTube, Facebook, GM, and Deutsche Bank.
Sprott said planning unsolicited bid for Canadian metals trusts
Lawrence Williams: Does any nation hold the gold it says it does?
Deutsche Bank to pay record $2.5 billion to resolve LIBOR rigging
Swiss gold exports show Asia buying more as investors sell bars
Deutsche Bank sets aside E1.5 billion as Libor settlement looms
Chilean regulator seeks new sanctions against Barrick's Pascua-Lama
Flash crash arrest lays bare regulatory lapses at all levels -- starting with CME Group
Activity from: 4/22/2015
Gold Warehouse Stocks:
Silver Warehouse Stocks:
Global Gold ETF Holdings
[WGC Sponsored ETF’s]
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
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra)
Gold Bullion Securities
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) AND NYSE Euronext Amsterdam
ETFS Physical Gold
Australian Stock Exchange (ASX)
Gold Bullion Securities
Johannesburg Securities Exchange (JSE)
New Gold Debentures
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 165.58: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,150.14: No change from yesterday’s data.
Freeport’s (FCX) first quarter results and MAG Silver’s exploration results were among the big stories in the gold and silver mining industry making headlines today.
1. MAG Silver
MVG +11.97% $6.36
FSM +5.73% $3.69
3. Endeavour Silver
EXK +5.38% $1.96
FCX -2.43% $20.07
PZG -1.17% $1.69
TRQ -1.03% $3.86
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: Thursday, 23 April 2015 | E-Mail | Print | Source: GoldSeek.com