-- Published: Monday, 28 March 2016 | Print | Disqus
| Close | Gain/Loss |
Gold | $1220.00 | +$2.80 |
Silver | $15.19 | +$0.02 |
XAU | 67.21 | -0.40% |
HUI | 170.90 | -0.29% |
GDM | 539.36 | -0.17% |
JSE Gold | 2016.08 | +17.74 |
USD | 95.96 | -0.17 |
Euro | 111.99 | +0.24 |
Yen | 88.17 | -0.44 |
Oil | $39.39 | -$0.07 |
10-Year | 1.870% | -0.030 |
T-Bond | 163.3125 | +0.28125 |
Dow | 17535.39 | +0.11% |
Nasdaq | 4766.09 | -0.16% |
S&P | 2037.05 | +0.05% |
The Metals:
Gold gained $5.63 to $1222.83 by a little before 10AM EST before it chopped back lower in the next few hours of trade, but it still ended with a gain of 0.23%. Silver rose to as high as $15.348 and ended with a gain of 0.13%.
Euro gold remained at about €1089, platinum lost $6 to $943, and copper climbed a penny to about $2.25.
Gold and silver equities traded mostly slightly lower and ended with modest losses.
The Economy:
Report | For | Reading | Expected | Previous |
PCE Prices | Feb | 0.1% | 0.2% | 0.3% |
Personal Income | Feb | 0.2% | 0.1% | 0.5% |
Personal Spending | Feb | 0.1% | 0.1% | 0.1% |
Pending Home Sales | Feb | 3.5% | 1.1% | -3.0% |
Tomorrow brings the Case-Shiller 20-city Index and Consumer Confidence.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil ended marginally lower in quiet holiday thinned trade.
The U.S. dollar index fell and treasuries rose on tame inflation data that pushed back expectations for rising interest rates.
The Dow, Nasdaq, and S&P waffled near unchanged and ended mixed.
Among the big names making news in the market today were Starwood, Dell, and Avon.
GATA Posts:
Chinese investors see golden opportunity
The Economist acknowledges 'financial repression' -- at a safe distance from London
Valentin Schmid reviews Jim Rickards' 'The New Case for Gold'
The Statistics:
As of close of business: 3/24/2016
Gold Warehouse Stocks: | 6,825,855.787 | +4,574.928 |
Silver Warehouse Stocks: | 155,624,263.858 | -218,179.48 |
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 | 823.742 | 26,484,117 | US$32,327m |
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$5,423m |
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$5,989m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$438m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 32.71 | 1,051,626 | US$1,280m |
Note: Change in Total Tonnes from yesterday’s data: SPDR added 2.081 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 193.02: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,230.39: No change from yesterday’s data.
The Miners:
AuRico’s (AMI.TO) management update, Banro’s (BAA) 2015 results, and Richmont’s (RIC) filed technical reports were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Paramount | PZG +3.68% $1.41 |
2. Coeur | CDE +3.03% $5.44 |
3. B2Gold | BTG +1.26% $1.61 |
LOSERS
1. Primero | PPP -3.43% $1.69 |
2. Buenaventura | BVN -3.40% $6.25 |
3. Seabridge | SA -3.10% $10.32 |
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: Monday, 28 March 2016 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver End Slightly Higher
