-- Published: Thursday, 31 March 2016 | Print | Disqus
| Close | Gain/Loss |
Gold | $1231.20 | +$5.60 |
Silver | $15.42 | +$0.21 |
XAU | 69.50 | -1.17% |
HUI | 178.24 | -1.01% |
GDM | 556.13 | -1.20% |
JSE Gold | 2030.43 | -41.73 |
USD | 94.60 | -0.23 |
Euro | 113.82 | +0.46 |
Yen | 88.86 | -0.09 |
Oil | $34.34 | +$0.02 |
10-Year | 1.786% | -0.044 |
T-Bond | 164.50 | +1.03125 |
Dow | 17685.09 | -0.18% |
Nasdaq | 4869.84 | +0.01% |
S&P | 2059.74 | -0.20% |
The Metals:
Gold gained $14.60 to $1240.20 at about 9AM EST before it chopped back lower into the close, but it still ended with a gain of 0.46%. Silver rose to as high as $15.521 and ended with a gain of 1.38%.
Gold scores biggest quarterly gain in nearly 30 years MarketWatch
Even Bulls Get Stampeded by Gold's Best Quarter in Three Decades Bloomberg
Euro gold rose to about €1082, platinum gained $9.50 to $970.50, and copper fell slightly to about $2.19.
Gold and silver equities traded mostly slightly lower and ended with about 1% losses.
The Economy:
Report | For | Reading | Expected | Previous |
Initial Claims | 3/26 | 276K | 265K | 265K |
Chicago PMI | Mar | 53.6 | 49.9 | 47.6 |
Tomorrow brings March’s jobs data, Construction Spending, the ISM Index, Michigan Sentiment, and Construction Spending.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil ended slightly higher as the U.S. dollar index fell again and treasuries rose ahead of tomorrow’s jobs report.
The Dow, Nasdaq, and S&P saw slight gains for most of the morning, but they then drifted back lower in afternoon trade and ended mixed on interest rate uncertainty.
Among the big names making news in the market today were Tesla, Microsoft, GE Capital, and Valeant.
GATA Posts:
China's forex regulator buys $4.2 billion in stocks via new platform
The Statistics:
As of close of business: 3/30/2016
Gold Warehouse Stocks: | 6,851,169.567 | +1,699.93 |
Silver Warehouse Stocks: | 154,998,963.668 | -593,194.72 |
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 | 819.282 | 26,340,747 | US$32,572m |
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$5,484m |
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$6,067m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$442m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 32.71 | 1,051,615 | US$1,284m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 1.189 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 185.88: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,276.27: No change from yesterday’s data.
The Miners:
Gold Fields’ (GFI) 2015 annual report, Randgold’s (GOLD) 2015 annual report, Sandstorm’s (SAND) first quarter sales, Lake Shore’s (LSG) business combination with Tahoe Resources (TAHO), Silver Wheaton’s (SLW) increased public offering, First Majestic’s (AG) 2015 Mineral Reserve and Resource estimates, and Excellon’s (EXN.TO) investment by Eric Sprott were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Avino | ASM +3.87% $1.02 |
2. Paramount | PZG +1.41% $1.44 |
3. Alamos | AGI +1.15% $5.29 |
LOSERS
1. Silver Wheaton | SLW-6.01% $16.58 |
2. Harmony | HMY -4.71% $3.64 |
3. First Majestic | AG -4.00% $6.48 |
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, 31 March 2016 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Gain Before Jobs Day
