-- Published: Friday, 1 May 2015 | Print | Disqus
| Close | Gain/Loss | On Week |
Gold | $1178.00 | -$4.80 | -0.05% |
Silver | $16.16 | +$0.04 | +2.80% |
XAU | 73.18 | +0.44% | +4.62% |
HUI | 179.90 | -0.04% | 3.52% |
GDM | 561.88 | +0.42% | +4.16% |
JSE Gold | 1352.61 | -8.37 | +4.20% |
USD | 95.16 | +0.40 | -1.82% |
Euro | 112.15 | -0.05 | +3.23% |
Yen | 83.23 | -0.41 | -1.02% |
Oil | $59.15 | -$0.48 | +3.50% |
10-Year | 2.117% | +0.071 | +10.43% |
Bond | 157.75 | -1.84375 | -3.03% |
Dow | 18024.06 | +1.03% | -0.31% |
Nasdaq | 5005.39 | +1.29% | -1.70% |
S&P | 2108.29 | +1.09% | -0.44% |
The Metals:
Gold edged up to $1183.70 in Asia before it fell back to $1170.79 by midday in New York and then bounced back higher into the close, but it still ended with a loss of 0.41%. Silver slipped to as low as $15.949 by late morning in New York, but it then rallied back higher in the last five hours of trade and ended with a gain of 0.25%.
Euro gold fell to about €1051, platinum lost $13 to $1127, and copper climbed 5 cents to about $2.93.
Gold and silver equities waffled near unchanged and ended mixed.
The Economy:
Report | For | Reading | Expected | Previous |
ISM Index | Apr | 51.5 | 51.9 | 51.5 |
Construction Spending | Mar | -0.6% | 0.4% | 0.1% |
Michigan Sentiment | Apr | 95.9 | 96.0 | 95.9 |
All of this week’s other economic reports:
Next week’s economic highlights include Factory Orders on Monday, the Trade Balance and ISM Services on Tuesday, ADP Employment, Productivity, and Unit Labor Costs on Wednesday, Initial Jobless Claims and Consumer Credit on Thursday, and April’s jobs data and Wholesale Inventories on Friday.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell “after Iraq said its crude oil exports hit a record in April.”
The U.S. dollar index rose and treasuries fell on mixed economic data and earnings reports that sent the Dow, Nasdaq, and S&P higher.
Among the big names making news in the market Friday were Lumber Liquidators, Chevron, Fiat Chrysler, Tesla, Verizon, and Lloyds.
GATA Posts:
CME Group suspends two gold traders for 60 days for spoofing
The Statistics:
Activity from: 4/30/2015
Gold Warehouse Stocks: | 7,795,755.174 | +6,748.273 |
Silver Warehouse Stocks: | 174,680,121.139 | +299,390.73 |
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 | 739.363 | 23,771,269 | US$27,942m |
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$5,213m |
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$5,754m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$422m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 28.67 | 921,749 | US$ |
Note: Change in Total Tonnes from yesterday’s data: SPDR added 0.298 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 165.58: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,191.78: No change from yesterday’s data.
The Miners:
Barrick’s (ABX) new head of business performance, Eldorado’s (EGO) election of its Board of Directors, Turquoise Hill’s (TRQ) expired agreement, and Santacruz Silver’s (SCZ.V) fourth quarter results were among the big stories in the gold and silver mining industry making headlines Friday.
WINNERS
1. Agnico Eagle | AEM +4.72% $31.73 |
2. Franco-Nevada | ANV +2.97%$53.37 |
3. First Majestic | AG +2.87% $5.01 |
LOSERS
1. Rubicon | RBY -3.64% $1.06 |
2. Gold Fields | GFI -3.50% $4.41 |
3. Sandstorm | SAND -2.79% $3.46 |
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: Friday, 1 May 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Weekly Wrap-Up: Gold Slips but Silver Gains Almost 3% on the Week
