-- Published: Friday, 25 April 2014 | Print | Disqus
Gold climbed $12.06 to $1304.96 at about 10:30AM EST before it chopped back lower into midday, but it still ended with a gain of 0.76%. Silver surged to as high as $19.803 and ended with a gain of 0.2%.
Euro gold rose to about €941, platinum gained $9.05 to $1416.75, and copper remained at about $3.10.
Gold and silver equities rose about 1.5% in the first half hour of trade before they pared their gains a bit into midday, but they then rose to new highs in the closing minutes of trade and ended with about 2% gains.
U.S. services sector expands at slower pace in April Reuters
Yellen Concerned Fed Model Fails to Predict Price Moves Bloomberg
All of this week’s other economic reports:
Next week’s economic highlights include Pending Home Sales on Monday, the Case-Shiller 20-city Index and Consumer Confidence on Tuesday, ADP Employment, GDP, the Employment Cost Index, Chicago PMI, and a FOMC rate decision on Wednesday, Initial Jobless Claims, Personal Income and Spending, Core PCE Prices, the ISM Index, and Construction Spending on Thursday, and April’s jobs data and Factory Orders on Friday.
Charts Courtesy of http://finance.yahoo.com/
Oil fell on ample supply levels in the US.
The U.S. dollar index traded mostly lower on worries about Ukraine that sent treasuries higher and the Dow, Nasdaq, and S&P down roughly 1%.
Among the big names making news in the market Friday were Amazon, BofA, Ford, State Street, Kellogg, AbbVie, and Netflix.
Canadian bank CIBC starts selling real gold, not just paper
U.S. suits hobble Deutsche Bank's bid to sell gold fix seat
Will regulators and journalists ever dare to look behind the London gold fix banks?
Koos Jansen: Russia, Belarus, and Kazakhstan plan Eurasian currency union
Activity from: 4/24/2014
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: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 164.41: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,282.78: No change from yesterday’s data.
1. Tanzanian Royalty
TRX +5.69% $2.23
HMY +5.35% $3.34
SAND +4.93% $5.53
XPL -2.33% $1.08
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, 25 April 2014 | E-Mail | Print | Source: GoldSeek.com