-- Published: Friday, 29 April 2016 | Print | Disqus
Gold gained $28.66 to $1296.56 by late morning in New York before it edged back lower at times, but it still ended with a gain of 1.97%. Silver rose to as high as $17.951 and ended with a gain of 1.31%.
Euro gold rose to about €1129, platinum gained $25 to $1073, and copper climbed 6 cents to about $2.28.
Gold and silver equities rose throughout most of trade and ended with about 7% gains.
Core PCE Prices
Employment Cost Index
Next week’s economic highlights include the ISM Index and Construction Spending on Monday, ADP Employment, Productivity, the Trade Balance, Factory Orders, and ISM Services on Wednesday, Initial Jobless Claims on Thursday, and April’s jobs data and Consumer Credit on Friday.
Charts Courtesy of http://finance.yahoo.com/
Oil fell on news of rising output out of OPEC, but losses pared after Baker Hughes reported another drop in rigs drilling for crude in the US.
The U.S. dollar index dropped on poor economic data that sent treasuries higher and the Dow, Nasdaq, and S&P lower.
Among the big names making news in the market Friday were Valeant, Exxon, Amazon, Apple, and Delta.
This is what happens when you don't issue the world reserve currency
Deutsche Bank tires quickly of its experiment with integrity
Dissatisfied Zero Hedge employee feeds his resentments to Bloomberg
Following ancients, explorers hunt gold in the Egyptian desert
Putin's decade-old dream realized as Russia to price its own oil
Activity from: 4/28/2016
Gold Warehouse Stocks:
Silver Warehouse Stocks:
Global Gold ETF Holdings
[WGC Sponsored ETF’s]
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
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra)
Gold Bullion Securities
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) AND NYSE Euronext Amsterdam
ETFS Physical Gold
Australian Stock Exchange (ASX)
Gold Bullion Securities
Johannesburg Securities Exchange (JSE)
New Gold Debentures
Note: Change in Total Tonnes from yesterday’s data: SPDR added 1.486 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 187.56: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,437.72: No change from yesterday’s data.
Seabridge’s (SA) closed offering, Randgold’s (GOLD) vesting of CEO career shares, and Golden Minerals’ (AUMN) first quarter results were among the big stories in the gold and silver mining industry making headlines Friday.
FCX +10.66% $14.00
ABX +10.31% $19.37
KGC +10.06% $5.70
AAU -1.72% $1.14
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
- Would you like to receive the Free Daily Gold Seeker Report in your e-mail? Click here
Additional Resources for today’s Gold Seeker Report can be found:
© Gold Seeker 2016
Note: This article may be reproduced provided the article, in full, is used and mention to Gold-Seeker.com is given.
Disclosure: The owner, editor, writer and publisher and their associates are not responsible for errors or omissions. The author of this report is not a registered financial advisor. Readers should not view this material as offering investment related advice. Gold-Seeker.com has taken precautions to ensure accuracy of information provided. Information collected and presented are from what is perceived as reliable sources, but since the information source(s) are beyond Gold-Seeker.com’s control, no representation or guarantee is made that it is complete or accurate. The reader accepts information on the condition that errors or omissions shall not be made the basis for any claim, demand or cause for action. Past results are not necessarily indicative of future results. Any statements non-factual in nature constitute only current opinions, which are subject to change. Nothing contained herein constitutes a representation by the publisher, nor a solicitation for the purchase or sale of securities & therefore information, nor opinions expressed, shall be construed as a solicitation to buy or sell any stock, futures or options contract mentioned herein. Investors are advised to obtain the advice of a qualified financial & investment advisor before entering any financial transaction.
| Digg This Article
-- Published: Friday, 29 April 2016 | E-Mail | Print | Source: GoldSeek.com