Close | Gain/Loss | On Week | |
Gold | $1662.70 | +$20.20 | +0.16% |
Silver | $32.13 | +$0.71 | -1.17% |
XAU | 177.10 | +1.63% | -0.13% |
HUI | 473.42 | +1.74% | -0.65% |
GDM | 1377.40 | +1.90% | -0.35% |
JSE Gold | 2464.65 | +32.55 | +0.30% |
USD | 79.33 | -0.37 | -0.59% |
Euro | 132.68 | +0.71 | +0.77% |
Yen | 121.31 | +0.16 | +1.12% |
Oil | $106.87 | +$1.52 | -0.18% |
10-Year | 2.237% | -0.038 | -2.65% |
Bond | 137.875 | +0.8125 | UNCH |
Dow | 13080.73 | +0.27% | -1.15% |
Nasdaq | 3067.92 | +0.15% | +0.41% |
S&P | 1397.11 | +0.31% | -0.50% |
The Metals:
Gold steadily rose throughout most of world trade and ended near its late session high of $1666.22 with a gain of 1.23%.Silver surged to as high as $32.26 and ended with a gain of 2.26%.
Euro gold fell to about €1255, platinum gained $4.50 to $1621.50, and copper gained 5 cents to about $3.81.
Gold and silver equities rose about 2% by midmorning and remained near that level for the rest of the day.
Mali coup could put gold miners at risk canada
Bullion strike on Day 7 deccanherald
Report | For | Reading | Expected | Previous |
New Home Sales | Feb | 313K | 323K | 318K |
All of this week’s other economic reports:
Initial Claims - 3/17 |
FHFA Housing Price Index - January |
Leading Indicators - February |
Existing Home Sales - February |
Building Permits - February |
Housing Starts - February |
NAHB Housing Market Index - March |
Next week’s economic highlights include Pending Home Sales on Monday, the Case-Shiller 20-city Index and Consumer Confidence on Tuesday, Durable Goods Orders on Wednesday, Initial Jobless Claims and GDP on Thursday, and Personal Income and Spending, Core PCE Prices, Chicago PMI, and Michigan Sentiment on Friday.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil rose as the U.S. dollar index fell on easing worries about Europe.
Treasuries rose as the Dow, Nasdaq, and S&P held near unchanged on disappointing housing data.
Among the big names making news in the market Friday were BATS, Zynga, Credit Suisse, and US Airways.
GATA Posts:
Wall Street Journal misses the point about gold twice in one day
China and Australia in US$31 billion currency swap
The Statistics:
Activity from: 3/22/2012
Gold Warehouse Stocks: | 11,408,690.210 | - |
Silver Warehouse Stocks: | 135,850,575.600 | +1,204,956,69 |
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) | SPDR® Gold Shares | 1282.693 | 41,239,868 | US$68,600m |
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) | Gold Bullion Securities | 119.15 | 3,830,754 | US$6,361m |
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) AND NYSE Euronext Amsterdam | ETFS Physical Gold | 126.23 | 4,058,350 | US$6,985m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 14.21 | 472,596 | US$760m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 39.75 | 1,277,936 | US$2,090m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 7.554 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 182.36: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,726.99: No change from yesterday’s data.
United Silver’s (USC.TO) exploration and development plan was the only big story in the gold and silver mining industry making headlines Friday.
WINNERS
1.Solitario | XPL+10.53% $1.47 |
2.Nevsun | NSU +8.92% $3.54 |
3.Exeter | XRA +6.98% $2.76 |
LOSERS
1.Avino | ASM -7.42% $2.12 |
2.Comstock | LODE-2.67% $1.82 |
3.Gold Reserve | GRZ -2.59% $3.01 |
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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- http://www.goldreview.com
©Gold Seeker 2012
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