-- Published: Thursday, 30 April 2015 | Print | Disqus
Gold waffled between $1199.95 and $1207.23 in Asia before it fell all of the way back to $1176.94 by a little after 10AM EST and then bounced back higher into the close, but it still ended with a loss of 1.76%. Silver slipped to as low as $15.816 and ended with a loss of 2.48%.
Euro gold fell to about €1054, platinum lost $10 to $1140, and copper climbed 10 cents to about $2.88.
Gold and silver equities fell about 3% in the first half hour of trade and remained near that level for the rest of the day.
PCE Prices – Core
Employment Cost Index
Tomorrow brings Construction Spending, the ISM Index, and Michigan Sentiment.
Charts Courtesy of http://finance.yahoo.com/
Oil rose and the U.S. dollar dropped as the euro climbed higher “on signs Europe’s economy is improving as U.S. growth slows.”
Treasuries fell again on decent economic data in Europe and the US.
The Dow, Nasdaq, and S&P lost roughly 1% on mostly disappointing earnings reports.
Among the big names making news in the market today were Time Warner cable, Viacom, Citigroup, Warren Buffet, and Exxon.
Activity from: 4/29/2015
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: 10,191.78: No change from yesterday’s data.
Banro’s (BAA) closed financing, Goldcorp’s (GG) first quarter results, Timmins Gold’s (TGD) acquisition of Newstrike Capital, and Alexco’s (AXU) updated mineral resource estimates were among the big stories in the gold and silver mining industry making headlines today.
1. Tahoe Resources
TAHO +4.44% $14.11
FCX +1.66% $23.27
FNV +0.82% $51.83
GG -6.60% $18.83
HMY -5.83% $1.94
3. Silver Standard
SSRI -5.63% $5.45
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, 30 April 2015 | E-Mail | Print | Source: GoldSeek.com