-- Published: Tuesday, 5 May 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1192.90 | +$4.10 |
Silver | $16.54 | +$0.12 |
XAU | 72.92 | -0.72% |
HUI | 178.71 | -0.72% |
GDM | 561.35 | -0.63% |
JSE Gold | 1352.31 | +12.60 |
USD | 95.09 | -0.33 |
Euro | 111.88 | +0.40 |
Yen | 83.44 | +0.19 |
Oil | $60.40 | +$1.47 |
10-Year | 2.176% | +0.041 |
Bond | 156.3125 | -0.46875 |
Dow | 17928.20 | -0.79% |
Nasdaq | 4939.32 | -1.55% |
S&P | 2089.46 | -1.18% |
The Metals:
Gold climbed $10.90 to $1199.70 at about 10AM EST before it chopped back lower into the close, but it still ended with a gain of 0.35%. Silver rose to as high as $16.706 and ended with a gain of 0.73%.
Euro gold remained at about €1066, platinum lost $1 to $1143, and copper climbed slightly to about $2.93.
Gold and silver equities gained almost 2% at the open before they fell to see over 1% losses by midafternoon, but they then edged back higher in the last 30 minutes of trade and ended with only minor losses.
The Economy:
Report | For | Reading | Expected | Previous |
Trade Balance | Mar | -$51.4B | -$40.0B | -$35.9B |
ISM Services | Apr | 57.8 | 56.3 | 56.5 |
U.S. small-business borrowing up in March: PayNet Reuters
Tomorrow brings ADP Employment, Productivity, and Unit Labor Costs.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil rose back above $60 ahead of tomorrow’s inventory data.
The U.S. dollar fell along with treasuries on mixed economic data and worries about Greece that sent the Dow, Nasdaq, and S&P roughly 1% lower.
Among the big names making news in the market today were Cisco, Goldman Sachs, and Disney.
GATA Posts:
Even Brown Brothers Harriman admits rigging of gold market by central banks
The Statistics:
Activity from: 5/4/2015
Gold Warehouse Stocks: | 7,761,692.293 | -578.70 |
Silver Warehouse Stocks: | 175,260,861.819 | +606,058.38 |
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 | 741.750 | 23,848,011 | US$28,032m |
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$5,313m |
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$5,870m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$429m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 28.67 | 921,749 | US$1,088m |
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.
The Miners:
Randgold’s (GOLD) AGM results and dividend, Timmins Gold’s (TGD) first quarter financial results, Paramount’s (PZG) updated NI-43-101 compliant resource estimate, Revett’s (RVM) first quarter financial and operating results, and Santacruz Silver’s (SCZ.V) new director were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Richmont | RIC +2.17% $3.29 |
2. Turquoise | TRQ +1.86% $4.39 |
3. DRDGOLD | DRD +1.73% $1.76 |
LOSERS
1. Coeur | CDE -6.42% $5.10 |
2. Paramount | PZG -5.75% $1.64 |
3. Sandstorm | SAND -4.05% $3.32 |
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, 5 May 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Gain While Stocks Fall
