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-- Posted 28 October, 2011 | |
| Close | Gain/Loss | On Week | Gold | $1745.40 | -$0.80 | +6.71% | Silver | $35.25 | +$0.08 | +13.09% | XAU | 207.98 | +2.27% | +12.50% | HUI | 582.70 | +2.55% | +12.56% | GDM | 1677.55 | +2.44% | +12.18% | JSE Gold | 3057.89 | +61.44 | +9.42% | USD | 75.04 | +0.09 | -1.63% | Euro | 141.57 | -0.36 | +1.88% | Yen | 131.99 | +0.32 | +0.46% | Oil | $93.32 | -$0.64 | +6.77% | 10-Year | 2.306% | -0.089 | +4.68% | Bond | 136.875 | +1.46875 | -1.17% | Dow | 12231.11 | +0.18% | +3.58% | Nasdaq | 2737.15 | -0.05% | +3.78% | S&P | 1285.08 | +0.04% | +3.78% |
The Metals: Gold climbed up to $1752.38 in early Asian trade before it fell back to $1732.45 by a little after 8AM EST, but it then bounced back higher in New York and ended with a loss of just 0.05%. Silver rose to $35.521 in Asia before it fell back to $34.72, but it also rallied back higher in late trade and was able to close with a gain of 0.23%. Euro gold rose to about €1232, platinum gained $8.25 to $1643, and copper remained at about $3.69. Gold and silver equities rose over 2% by midmorning and remained near that level for the rest of the day. 1-metric-ton gold coin minted in Australia MarketWatch The Economy: Report | For | Reading | Expected | Previous | Personal Income | Sep | 0.1% | 0.3% | -0.1% | Personal Spending | Sep | 0.6% | 0.6% | 0.2% | PCE Prices - Core | Sep | 0.0% | 0.1% | 0.1% | Employment Cost Index | Q3 | 0.3% | 0.6% | 0.7% | Michigan Sentiment | Oct | 60.9 | 58.0 | 57.5 |
All of this week’s other economic reports: Next week’s economic highlights include Chicago PMI on Monday, the ISM Index and Construction Spending on Tuesday, ADP Employment and a FOMC Rate Decision on Wednesday, Initial Jobless Claims, Productivity, Unit Labor Costs, Factory Orders, and ISM Services on Thursday, and October’s jobs data on Friday. The Markets: 
Charts Courtesy of http://finance.yahoo.com/ Oil pared some of this week’s notable gains on profit taking ahead of the weekend. The U.S. dollar index saw slight gains as the euro fell a bit after an Italian bond auction did not go as well as hoped. Treasuries rose as the Dow, Nasdaq, and S&P struggled to add to yesterday’s impressive gains. Among the big names making news in the market Friday were RIM, Whirlpool, Merck, Chevron, MF Global, Sprint, HP, Ford, and General Motors. GATA Posts: 
James Turk reviews Jim Rickards' 'Currency Wars' Kevin Michael Grace: Auguries -- What's behind door No. 3? Jeff Nielson: 'D-Day' near for GLD The Statistics: Activity from: 10/27/2011 Gold Warehouse Stocks: | 11,245,033 | +9,225 | Silver Warehouse Stocks: | 105,715,088 | -91,554 |
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 | 1243.551 | 39,981,398 | US$69,587m | London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) | Gold Bullion Securities | 115.35 | 3,708,632 | US$6,441m | 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$7,057m | Australian Stock Exchange (ASX) | Gold Bullion Securities | 14.21 | 473,382 | US$797m | Johannesburg Securities Exchange (JSE) | New Gold Debentures | 42.47 | 1,365,570 | US$2,346m | NASDAQ Dubai | Dubai Gold Securities | 0.154 | 4,947 | US$9m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 0.605 tonnes. COMEX Gold Trust (IAU) Total Tonnes in Trust: 164.61: No change from yesterday’s data. Silver Trust (SLV) Total Tonnes in Trust: 9,734.81: No change from yesterday’s data. The Miners: Tanzanian Royalty’s (TRE) Joint Venture Agreement with the State Mining Corporation of Tanzania and Lake Shore’s (LSG) drill results were among the big stories in the gold and silver mining industry making headlines Friday. WINNERS 1. Mines MGMT | MGN +31.05% $2.49 | 2. Gold Resource | GORO +9.73% $23.45 | 3. Jaguar | JAG +8.75% $5.72 |
LOSERS 1. Avino | ASM-3.70% $2.08 | 2. Minco | MGH-3.42% $1.13 | 3. ITH | THM-2.56% $5.32 |
Winners & Losers tracks NYSE and AMEX listed gold and silver mining stocks that trade over $1. All of today's gold and silver stock news: El Tigre Silver Corp. Announces Release of NI 43-101 El Tigre Project in Sonora, Mexico - More
- October 28, 2011 | Item | ShareThis
Update: Fancamp's Lamelee, McFauld's and Appalachian Projects - More
- October 28, 2011 | Item | ShareThis
MGold Appoints Experienced Professional Geologists to Its Board of Directors and Announces Resignation - More
- October 28, 2011 | Item | ShareThis
Kent Exploration Inc.: Archean Star Announces 2nd Year Expenditures at Gnaweeda Gold Project, Diamond Drill Program - More
- October 28, 2011 | Item | ShareThis
Archean Star Announces 2nd Year Expenditures at Gnaweeda Gold Project, Diamond Drill Program - More
- October 28, 2011 | Item | ShareThis
NGEx Closes CDN$27 Million Private Placement - More
- October 28, 2011 | Item | ShareThis
Fred Tejada Appointed Tirex Resources President - More
- October 28, 2011 | Item | ShareThis
Tanzanian Royalty Signs Definitive Joint Venture Agreement That Will Facilitate Development of Buckreef Gold Project - "Tanzanian Royalty Exploration Corporation (TSX:TNX.to - News) is pleased to announce that it has entered into a Definitive Joint Venture Agreement with the State Mining Corporation of Tanzania (Stamico) for the development of the Buckreef Gold Project in Tanzania." More
- October 28, 2011 | Item | ShareThis
Colorado Commences Drilling on Red Sky Property, West Central, British Columbia - More
- October 28, 2011 | Item | ShareThis
Newcastle Options Its Carscallen Property to Rodocanachi Capital Inc. - More
- October 28, 2011 | Item | ShareThis
Fire River Gold Corp. Receives 2nd Concentrate Payment - More
- October 28, 2011 | Item | ShareThis
Telferscot Resources Announces Non-Brokered Private Placement and Commencement of Drilling - More
- October 28, 2011 | Item | ShareThis
Romarco announces completion of Scoping and Public hearing Meeting - More
- October 28, 2011 | Item | ShareThis
Pershimco Gets Final Approval From TSX-V on Osisko Transaction - More
- October 28, 2011 | Item | ShareThis
Golden Phoenix Relocates Corporate Office to Las Vegas - More
- October 28, 2011 | Item | ShareThis
Colorado Rare Earths Changes Name to U.S. Rare Earths, Inc. - More
- October 28, 2011 | Item | ShareThis
Soltoro Reports Drill Results from Chinipas Gold Property in Chihuahua State, Mexico - More
- October 28, 2011 | Item | ShareThis
Trevali Commences Resource Conversion and Expansion Drill Program at its Stratmat Deposit in New Brunswick, Canada - More
- October 28, 2011 | Item | ShareThis
Xmet Drills Near Surface High Grade Mineralization at Shaft Zone With 11.66 g/t Au (8.77 g/t Au cut) Over 5.10 Meters - More
- October 28, 2011 | Item | ShareThis
Argentex Comments on Recent Argentine Decree - More
- October 28, 2011 | Item | ShareThis
VVC Exploration-Option Grant & Start of Exploration - More
- October 28, 2011 | Item | ShareThis
Klondike Silver Review and Update - More
- October 28, 2011 | Item | ShareThis
Andean American Annouces Review of Company Strategy - More
- October 28, 2011 | Item | ShareThis
Union Securities Ltd. Initiates Coverage of Excelsior Mining Corp. - More
- October 28, 2011 | Item | ShareThis
Alderon Files Technical Report for North Rose Resource - More
- October 28, 2011 | Item | ShareThis
Stillwater Mining Reports Earnings of $40.7 Million for the Third Quarter - More
- October 28, 2011 | Item | ShareThis
Osborne Copper Gold Project on Track to Advance Ivanhoe Australia From Explorer to Producer - More
- October 28, 2011 | Item | ShareThis
Lake Shore Gold Drills 1.31 gpt Gold Over 414.00 Metres and Discovers 200 Metre Northward Expansion of Shallow Mineralization at Fenn-Gib Project - "Lake Shore Gold Corp. ("Lake Shore Gold" or the "Company") today reported the results of 4 holes, including 3 confirmation ("twin") holes and 1 infill/expansion drill hole, (1,899 metres) at the Company's wholly owned Fenn-Gib project. The Fenn-Gib project, which is located approximately 60 kms east of Timmins along the eastern extension of the Destor Porcupine ("DPFZ") and Pipestone Fault Zones ("PFZ"), has the potential to host significant open-pit and underground resources." More
- October 28, 2011 | Item | ShareThis
Li3 Energy Announces Board Appointments - More
- October 28, 2011 | Item | ShareThis
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-- Posted 28 October, 2011 | |
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