-- Published: Tuesday, 28 April 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1212.20 | +$9.80 |
Silver | $16.61 | +$0.23 |
XAU | 74.11 | +3.40% |
HUI | 183.59 | +3.67% |
GDM | 568.82 | +3.72% |
JSE Gold | 1354.59 | +56.50 |
USD | 96.12 | -0.64 |
Euro | 109.72 | +0.83 |
Yen | 84.13 | +0.12 |
Oil | $57.06 | +$0.07 |
10-Year | 1.973% | +0.049 |
Bond | 161.125 | -1.71875 |
Dow | 18110.14 | +0.40% |
Nasdaq | 5055.42 | -0.10% |
S&P | 2114.76 | +0.28% |
The Metals:
Gold dipped $3.01 to $1199.39 in Asia before it edged up to $1205.47 in London and then dropped back to $1201.46 after this morning’s housing data was released, but it then shot to as high as $1214.91 by early afternoon in New York and ended with a gain of 0.82%. Silver slipped to $16.33 in Asia, but it then rose to as high as $16.689 in New York and ended with a gain of 1.4%.
Euro gold rose to about €1105, platinum gained $7 to $1153, and copper climbed slightly to about $2.78.
Gold and silver equities rose throughout most of trade and ended with almost 4% gains.
The Economy:
Report | For | Reading | Expected | Previous |
Case-Shiller 20-city Index | Feb | 5.0% | 4.7% | 4.5% |
Consumer Confidence | Apr | 95.2 | 102.2 | 101.3 |
Tomorrow brings GDP, Pending Home Sales, and a FOMC Rate Decision.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil ended slightly higher on reports that Iranian forces seized a cargo ship.
The U.S. dollar fell on a surprisingly weak Consumer Confidence reading.
Treasuries remained lower after today’s $35 billion 5-year note auction sold at a yield of 1.38% with a bid to cover of 2.56.
The Dow, Nasdaq, and S&P traded mixed on worries about Consumer Confidence and tomorrow’s fed meeting.
Among the big names making news in the market today were Google, Pfizer, Nomura, Toyota, Deutsche Bank, Apple, and Ford.
GATA Posts:
Barrick Gold investors protest in executive pay vote
The Statistics:
Activity from: 4/27/2015
Gold Warehouse Stocks: | 7,745,701.961 | -6,839.22 |
Silver Warehouse Stocks: | 175,361,059.272 | +129,811.626 |
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 | 739.065 | 23,761,676 | US$28,504m |
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$5,388m |
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$5,951m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$435m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 29.03 | 933,347 | US$1,116m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 3.282 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 165.58: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,283.96: +44.61 change from yesterday’s data.
The Miners:
Barrick’s (ABX) rejected executive compensation plan, Nevsun’s (NSU) drill results, and Alamos Gold’s (AGI) Environmental Impact Assessment were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. MAG Silver | MVG +10.14% $6.95 |
2. Agnico Eagle | AEM +6.51% $32.06 |
3. Endeavour Silver | EXK +5.91% $2.15 |
LOSERS
1. SilverCrest | SVLC -1.66% $1.08 |
2. Buenaventura | BVN-1.25% $11.04 |
3. Coeur | CDE -0.88% $5.65 |
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, 28 April 2015 | E-Mail | Print | Source: GoldSeek.com