Gold climbed up to $1664.27 in Asia before it fell back to $1639.54 by a little after 8AM EST, but it then rallied back higher in New York and ended with a gain of 0.13%.Silver slipped to as low as $32.12 before it also rallied back higher in New York and ended with a gain of 0.15%.
Euro gold fell to about €1260, platinum lost $9 to $1668.00, and copper fell a couple of cents to about $3.87.
Gold and silver equities waffled near unchanged and ended with slight losses.
All of this week’s other economic reports:
Philadelphia Fed - March
Net Long-Term TIC Flows - January
PPI - February
Core PPI - February
Initial Claims - 3/10
Empire Manufacturing- March
Export Prices - February
Export Prices ex-ag. - February
Import Prices - February
Import Prices ex-oil - February
Current Account Balance - Q4
FOMC Rate Decision - 3/15
Business Inventories - February
Retail Sales - February
Retail Sales ex-auto - February
Treasury Budget - February
Next week’s economic highlights include the NAHB Housing Market Index on Monday, Housing Starts and Building Permits on Tuesday, Existing Home Sales on Wednesday, Initial Jobless Claims, Leading Economic Indicators, and the FHFA Housing Price Index on Thursday, and New Home Sales on Friday.
Charts Courtesy of http://finance.yahoo.com/
Treasuries continued this week’s substantial move lower on inflation worries.
The Dow, Nasdaq, and S&P waffled near unchanged and ended near mixed.
Among the big names making news in the market Friday were Goldman Sachs, Sprint, and Apple.
Activity from: 3/15/2012
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: 182.36: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,752.67: No change from yesterday’s data.
Extorre’s closed financing and Bear Creek’s (BCM.V) new CFO were among the big stories in the gold and silver mining industry making headlines Friday.
CGR +7.48% $1.15
XPL +7.41% $1.45
XRA -4.24% $2.71
XG -3.64% $6.62
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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