April 20: Gold and Silver End Mixed on the Week
Gold traded mostly slightly higher and ended with a gain of 0.07%.Silver saw slight gains in Asia and London, but it then fell back off in New York and ended with a loss of 0.13%.
Euro gold fell to about €1243, platinum gained $0.50 to $1575, and copper gained 7 cents to about $3.70.
Gold and silver equities saw slight gains at the open, but they then drifted back lower for most of the rest of trade and ended with almost 1% losses.
All of this week’s other economic reports:
Leading Indicators - March
Philadelphia Fed - April
Existing Home Sales - March
Initial Claims - 4/14
Capacity Utilization - March
Industrial Production - March
Housing Starts - March
Building Permits - March
NAHB Housing Market Index - April
Business Inventories - February
Net Long-Term TIC Flows - Feb
Empire Manufacturing - April
Retail Sales - March
Retail Sales ex-auto - March
Next week’s economic highlights include the Case-Shiller 20-city Index, Consumer Confidence, New Home Sales, and the FHFA Housing Price Index on Tuesday, Durable Goods Orders and a FOMC Rate Decision on Wednesday, Initial Jobless Claims and Pending Home Sales on Thursday, and GDP and Michigan Sentiment on Friday.
Charts Courtesy of http://finance.yahoo.com/
Treasuries fell as the Dow, Nasdaq, and S&P rose on relief about Europe, but worries about what may transpire next week pared those moves by the close.
Among the big names making news in the market Friday were McDonald’s, GE, US Airways, Honeywell, Bank of America, and Riverbed Technology.
Activity from: 4/19/2012
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)
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: 180.17: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,591.40: -45.29 change from yesterday’s data.
Minco Gold’s (MGH) exploration program, Tanzanian Royalty’s (TRX) assay results, and Minco Silver’s (MSV.TO) water monitoring study report were among the big stories in the gold and silver mining industry making headlines Friday.
PZG +5.31% $2.38
LON +4.81% $1.22
XPL -3.60% $1.34
NSU -2.91% $3.34
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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