-- Published: Friday, 15 May 2015 | Print | Disqus
| Close | Gain/Loss | On Week |
Gold | $1224.90 | +$3.10 | +3.06% |
Silver | $17.53 | +$0.10 | +6.37% |
XAU | 75.12 | -0.32% | +3.67% |
HUI | 181.26 | -0.56% | +2.99% |
GDM | 574.42 | -0.45% | +3.84% |
JSE Gold | 1211.65 | +28.26 | -0.27% |
USD | 93.25 | -0.14 | -1.60% |
Euro | 114.44 | +0.30 | +2.14% |
Yen | 83.80 | -0.11 | +0.34% |
Oil | $59.69 | -$0.19 | +0.51% |
10-Year | 2.141% | -0.098 | -0.42% |
Bond | 155.50 | +2.50 | -0.46% |
Dow | 18272.56 | +0.11% | +0.45% |
Nasdaq | 5048.29 | -0.05% | +0.89% |
S&P | 2122.73 | +0.08% | +0.31% |
The Metals:
Gold dipped $9.35 to $1212.45 in London, but it then climbed to as high as $1225.91 in New York and ended with a gain of 0.25%. Silver rose to as high $17.574 and ended with a gain of 0.57%.
Euro gold fell to about €1070, platinum gained $8 to $1164 and copper remained at about $2.93.
Gold and silver equities ended slightly lower in mixed trade.
The Economy:
Report | For | Reading | Expected | Previous |
Empire Manufacturing | May | 3.1 | 4.5 | -1.2 |
Industrial Production | April | -0.3% | 0.1% | -0.3% |
Capacity Utilization | April | 78.2% | 78.4% | 78.6% |
Michigan Sentiment | May | 88.6 | 96.0 | 95.9 |
Net Long-Term TIC Flows | Mar | $17.6B | - | $9.8B |
All of this week’s other economic reports:
Next week’s economic highlights include the NAHB Housing Market Index on Monday, Housing Starts and Building Permits on Tuesday, FOMC Minutes on Wednesday, Initial Jobless Claims, Existing Home Sales, the Philadelphia Fed, and Leading Economic Indicators on Thursday, and CPI on Friday.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell along with the U.S. dollar index on more poor economic data that sent treasuries higher.
The Dow, Nasdaq, and S&P waffled near unchanged as worries about the economy were offset by expectations for low interest rates.
Among the big names making news in the market Friday were Toyota, Google, and Netflix.
GATA Posts:
On GoldSeek Radio, London trader Maguire describes efforts to expose metals market rigging
India's gold imports top 100 tons for second straight month
The Statistics:
Activity from: 5/14/2015
Gold Warehouse Stocks: | 7,788,444.895 | +3,517.75 |
Silver Warehouse Stocks: | 177,485,228.980 | -93,018.791 |
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 | 723.911 | 23,274,469 | US$28,400m |
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$5,428m |
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$6,000m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$440m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 28.66 | 921,598 | US$1,125m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 4.414 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 166.14: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,976.46: -89.2 change from yesterday’s data.
The Miners:
Almaden’s (AAU) proposed spin-out, B2Gold’s (BTG) first quarter results, and Aurcana’s (AUN.V) first quarter results were among the big stories in the gold and silver mining industry making headlines Friday.
WINNERS
1. Gold Resource | GORO +4.88% $3.44 |
2. DRDGOLD | DRD +2.66% $1.93 |
3. SilverCrest | SVLC +2.62% $1.17 |
LOSERS
1. AngloGold | AU -3.51% $10.98 |
2. Rubicon | RBY -2.61% $1.12 |
3. Richmont | RIC -1.47% $3.34 |
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, 15 May 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Weekly Wrap-Up: Gold and Silver Gain Over 3% and 6% on the Week
