Gold prices held onto gains of nearly 1% on Friday, achieved after weak US nonfarm payrolls data renewed fears about the health of the world's biggest economy and spurred safe-haven buying.
Spot gold rose to a two-week high of USD 1,545.30 an ounce, and steadied around USD 1,540.75 by 1:21 pm EDT (1721 GMT) against USD 1,531.85 late in New York on Thursday.
US gold futures for August delivery rose USD 10.90 to USD 1,541.50, having reached a two-week high at USD 1,546.
Employers in June added the smallest number of new jobs in nine months, dashing hopes of a pick-up in economic recovery. Nonfarm payrolls rose by 18,000, the Labor Department said, well below economists' expectations for a 90,000 rise.
"It is the public-sector employment which was the disappointing factor," said Peter Fertig, a metals consultant at Quantitative Commodity Research. "The market overreacted after yesterday's ADP report showed a strong increase in the private-sector payrolls.
"You have some safe-haven flows (into gold)," he said.
The dollar dropped against several currencies as the US jobs data strengthened expectations the Federal Reserve will leave interest rates low well into next year, prompting investors to embrace alternate safe-havens.
A weaker dollar often boosts dollar-denominated assets, such as gold, because of the advantage it provides buyers outside the United States.
Among other precious metals, silver hit a four-week peak at USD 36.82 an ounce, and remained higher around USD 36.51 against USD 36.41.
Spot platinum slipped to USD 1,729.99 an ounce from USD 1,739.85 on Thursday. Spot palladium was down at USD 775.47 an ounce against USD 781.55 previously.
The platinum:palladium ratio -- the number of ounces of palladium needed to buy an ounce of platinum -- held at its lowest in more than four months at 2.23.
Prices at 1:31 p.m. EDT (1731 GMT)
LAST/ NET PCT YTD
CLOSE CHG CHG CHG
US gold 1530.60 0.00 0.0% 7.7%
US silver 36.536 0.000 0.0% 18.1%
US platinum 1733.40 -9.60 -0.6% -2.5%
US palladium 786.55 0.00 0.0% -2.1%
Gold 1541.26 9.41 0.6% 8.6%
Silver 36.51 0.10 0.3% 18.3%
Platinum 1728.99 -10.86 -0.6% -2.2%
Palladium 774.47 -7.08 -0.9% -3.1%
Gold Fix 1541.50 15.50 1.0% 9.3%
Silver Fix 36.28 42.00 1.2% 18.4%
Platinum Fix 1740.00 5.00 0.3% 0.5%
Palladium Fix 776.00 6.00 0.8% -1.9%
Saturday, July 9, 2011
Avino Silver & Gold Mines
An Annual Report provides a detailed look at the financial results for the prior twelve months of operations. Reporting requirements vary by country, but almost every Annual Report will include:
- Chairman?s Statement
- Income Statement
- Cash Flow Statement
- Balance Sheet
- Notes to the Accounts
- Auditor?s Report.
Annual Reports may also include a marketing/product segmentation section, organizational charts and graphs.
Filing dates vary by country, as does the date by which the report must be filed by. For example, many U.S. and European companies have a year-end filing date of December 31, and their Annual Reports tend to be filed between April 1 and June 30. Japanese companies tend to file their report during the month of July, and Australian companies file starting September 15th.
We have history as far back as 1996 for the publicly traded companies in the database.
Financial filings from the Global Reports Library offer some significant benefits to researchers:
- Timeliness: Using web crawler technology, proprietary tracking systems and an experienced document acquisition team, we are able to update 90% of the documents in our collection on the same day they are made publicly available. For certain emerging market companies, it may take 3-5 days to source the document.
- Functionality: all the documents in our collection are in full-color native PDF format, meaning that documents are fully text searchable and can be copied/pasted into presentations and other documents Additionally, the native PDF format means that document sizes are quite small ? average <2.3 MB ? which allows for quick downloading.
- Quality: As the only Source Document collection in full color native PDF, Global Reports sets the standard for document quality. For customers needing high resolution in order to read financial figures or smaller font, Global Reports files are ideally suited.
Obtaining Annual Reports is fast, simple, and convenient via the Global Reports Library on Research and Markets. If you cannot find a specific Annual Report please notify us via our 'Contact Us' page.
- Chairman?s Statement
- Income Statement
- Cash Flow Statement
- Balance Sheet
- Notes to the Accounts
- Auditor?s Report.
Annual Reports may also include a marketing/product segmentation section, organizational charts and graphs.
Filing dates vary by country, as does the date by which the report must be filed by. For example, many U.S. and European companies have a year-end filing date of December 31, and their Annual Reports tend to be filed between April 1 and June 30. Japanese companies tend to file their report during the month of July, and Australian companies file starting September 15th.
We have history as far back as 1996 for the publicly traded companies in the database.
Financial filings from the Global Reports Library offer some significant benefits to researchers:
- Timeliness: Using web crawler technology, proprietary tracking systems and an experienced document acquisition team, we are able to update 90% of the documents in our collection on the same day they are made publicly available. For certain emerging market companies, it may take 3-5 days to source the document.
- Functionality: all the documents in our collection are in full-color native PDF format, meaning that documents are fully text searchable and can be copied/pasted into presentations and other documents Additionally, the native PDF format means that document sizes are quite small ? average <2.3 MB ? which allows for quick downloading.
- Quality: As the only Source Document collection in full color native PDF, Global Reports sets the standard for document quality. For customers needing high resolution in order to read financial figures or smaller font, Global Reports files are ideally suited.
Obtaining Annual Reports is fast, simple, and convenient via the Global Reports Library on Research and Markets. If you cannot find a specific Annual Report please notify us via our 'Contact Us' page.
Gold Prices 9 / 7 / 2011
Gold is presently experiencing an awakening as an investment category. The monetary world is in the moment long in concerns but short in answers. We think that gold is certainly one of the right answers in occasions of chronic doubt.
It's stated that trust is really a delicate flower; as soon as destroyed, it'll not return effortlessly. We think that the trust lost in the previous years won't be regained any time quickly, and that the scenario will really nonetheless get worse. The Eurozone is experiencing a breaking test, and also the US dollar is gradually sacrificing its status as the top international currency. Visit http://silver-dollar-values.com for a lot more silver coins and gold coins tips and ideas.
The international expansion of monetary supply ought to continue to provide gold investments with a good atmosphere.
The reaction to the present crisis is currently feeding in to the next crisis. Attempting to resolve a crisis using the very exact same instruments that brought on it (i.e. an large monetary policy) would appear to be grabbing at straws. The driving energies of wealth are savings as well as investments, not spending and debt. The weak US dollar is really a logical result of the quantitative loosening, which from our perspective is just a euphemism for stamping cash.
Offered that the vast majority of debt has not been written off nor paid off but merely transferred, the issue of excessive debt is nonetheless waiting to become resolved. There continues to be no deleveraging, only a realignment of booking records from the private to the public arena. The quantitative easing has still left monetary balance short on credibility, and it'll be very challenging to remedy this scenario.
In this fragile atmosphere gold will still thrive. Today is really a great time to add gold to your investment portfolio thru buying gold coins or gold bullion bars. Visit http://www.silver-dollar-values.com for a lot more silver coins and gold coins tips and ideas.
# # #
Silver Dollar Values is the premier coin price guide website for information on old coin values and silver dollar values, as well as gold prices, silver prices, silver bullion, gold bullion, gold coins and much more.
--- end ---
It's stated that trust is really a delicate flower; as soon as destroyed, it'll not return effortlessly. We think that the trust lost in the previous years won't be regained any time quickly, and that the scenario will really nonetheless get worse. The Eurozone is experiencing a breaking test, and also the US dollar is gradually sacrificing its status as the top international currency. Visit http://silver-dollar-values.com for a lot more silver coins and gold coins tips and ideas.
The international expansion of monetary supply ought to continue to provide gold investments with a good atmosphere.
The reaction to the present crisis is currently feeding in to the next crisis. Attempting to resolve a crisis using the very exact same instruments that brought on it (i.e. an large monetary policy) would appear to be grabbing at straws. The driving energies of wealth are savings as well as investments, not spending and debt. The weak US dollar is really a logical result of the quantitative loosening, which from our perspective is just a euphemism for stamping cash.
Offered that the vast majority of debt has not been written off nor paid off but merely transferred, the issue of excessive debt is nonetheless waiting to become resolved. There continues to be no deleveraging, only a realignment of booking records from the private to the public arena. The quantitative easing has still left monetary balance short on credibility, and it'll be very challenging to remedy this scenario.
In this fragile atmosphere gold will still thrive. Today is really a great time to add gold to your investment portfolio thru buying gold coins or gold bullion bars. Visit http://www.silver-dollar-values.com for a lot more silver coins and gold coins tips and ideas.
# # #
Silver Dollar Values is the premier coin price guide website for information on old coin values and silver dollar values, as well as gold prices, silver prices, silver bullion, gold bullion, gold coins and much more.
--- end ---
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