-- Published: Thursday, 28 April 2016 | Print | Disqus
| Close | Gain/Loss |
Gold | $1267.90 | +$22.20 |
Silver | $17.60 | +$0.38 |
XAU | 86.89 | +4.15% |
HUI | 217.83 | +4.99% |
GDM | 670.57 | +4.16% |
JSE Gold | 2062.55 | +110.62 |
USD | 93.74 | -0.97 |
Euro | 113.58 | +0.34 |
Yen | 92.51 | +2.75 |
Oil | $46.03 | +$0.70 |
10-Year | 1.838% | -0.022 |
T-Bond | 163.09375 | +0.40625 |
Dow | 17830.76 | -1.17% |
Nasdaq | 4805.29 | -1.19% |
S&P | 2075.81 | -0.92% |
The Metals:
Gold climbed higher throughout most of world trade and ended near its late session high of $1269.49 with a gain of 1.78%. Silver rose to as high as $17.636 and ended with a gain of 2.21%.
Euro gold rose to about €1117, platinum gained $31 to $1048, and copper remained at about $2.22.
Gold and silver equities rose over 4% by midday and remained near that level for the rest of trade.
The Economy:
Report | For | Reading | Expected | Previous |
Initial Claims | 4/23 | 257K | 259K | 248K |
GDP | Q1 | 0.5% | 0.9% | 1.4% |
Chain Deflator | Q1 | 0.7% | 0.6% | 0.9% |
Tomorrow brings Core PCE Prices, the Employment Cost Index, Personal Income and Spending, Chicago PMI, and Michigan Sentiment.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil rose 1.5% on falling US production while the U.S. dollar index dropped nearly 1% as the yen jumped higher after the Bank of Japan defied market expectations and held off from expanding monetary stimulus.
Treasuries rose as the Dow, Nasdaq, and S&P fell about 1% by the close on poor economic data and central bank uncertainty.
Among the big names making news in the market today were Ford, Pfizer, Apple, and AbbVie.
GATA Posts:
Alasdair Macleod: Taking the petro out of the dollar
The Statistics:
As of close of business: 4/27/2016
Gold Warehouse Stocks: | 7,250,269.872 | +8,626.175 |
Silver Warehouse Stocks: | 151,683,841.171 | +224,580.15 |
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 | 802.654 | 25,806,141 | US$32,403m |
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$5,614m |
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$6,205m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$455m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 34.72 | 1,116,345 | US$1,401m |
COMEX Gold Trust (IAU) Total Tonnes in Trust: 187.56.
Silver Trust (SLV) Total Tonnes in Trust: 10,437.72.
The Miners:
Centerra Gold’s (CG.TO) office search by the Kyrgyz Republic General Prosecutor's Office, Golden Star’s (GSS) bought deal financing, B2Gold’s (BTG) first quarter gold production, Goldcorp’s (GG) first quarter results, AuRico (AMI.TO) first quarter results, Royal Gold’s (RGLD) third quarter results and increase in reserves, Silver Bear’s (SBR.TO) debt funding package, and SilverCrest’s (SIL.V) drill results were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Great Panther | GPL +10.67% $1.97 |
2. Kinross | KGC +10.0% $5.17 |
3. DRDGOLD | DRD +8.75% $4.97 |
LOSER
1. New Gold | NGD -1.54% $4.48 |
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, 28 April 2016 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Gain About 2% on BOJ Surprise
