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-- Posted Friday, 31 December 2010 | Digg This Article | | Source: GoldSeek.com
| Close | Gain/Loss | On Week | Gold | $1420.60 | +$15.40 | +2.85% | Silver | $30.87 | +$0.41 | +5.21% | XAU | 226.58 | +1.07% | +2.40% | HUI | 573.32 | +0.91% | +2.44% | GDM | 1705.48 | +1.00% | +2.54% | JSE Gold | 2690.62 | +0.21 | +1.39% | USD | 79.05 | -0.48 | -1.76% | Euro | 133.70 | +0.79 | +1.40% | Yen | 123.11 | +0.43 | +2.12% | Oil | $91.38 | +$1.54 | -0.14% | 10-Year | 3.305% | -0.064 | -2.59% | Bond | 122.125 | +1.125 | +1.40% | Dow | 11577.51 | +0.07% | +0.03% | Nasdaq | 2652.87 | -0.38% | -0.48% | S&P | 1257.64 | -0.02% | +0.07% |
The Metals: Gold steadily rose throughout most of world trade and ended near its last minute high of $1420.90 with a gain of 1.1% at a new all-time closing high. Silver followed a similar pattern and ended near its last minute high of $30.933 with a gain of 1.35% at a new 30-year closing high. Euro gold climbed to almost €1064, platinum gained $31.75 to $1772.00, and copper climbed another 8 cents to a new record high at about $4.44. Gold and silver equities rose over 1% by late morning and remained near that level for the rest of the day. The Economy: All of this week’s other economic reports: Next week’s economic highlights include Construction Spending and the ISM Index on Monday, Factory Orders and FOMC Minutes on Tuesday, ADP Employment and ISM Services on Wednesday, Initial Jobless Claims on Thursday, and December’s jobs data and Consumer Credit on Friday. The Markets: 
Charts Courtesy of http://finance.yahoo.com/ Oil jumped back above $91 a barrel as the U.S. dollar index fell rather markedly on the continued move towards higher yielding assets and currencies. Treasuries found decent gains while the Dow, Nasdaq, and S&P waffled near unchanged in light trading. Among the big names making news in the market Friday were JP Morgan Chase, Borders, Time Warner Cable, Chevy, Nissan, CVS, Clearwire, Imax, and Pimco. GATA Posts: 
Venezuela devalues for second time this year Hugo Salinas Price: Thoughts about the manipulation of gold and silver prices The Statistics: Activity from: 12/30/2010 Gold Warehouse Stocks: | 11,591,781 | -50,997 | Silver Warehouse Stocks: | 104,849,228 | +142,069 |
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 | 1280.722 | 41,176,502 | US$57,854m | London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) | Gold Bullion Securities | 123.25 | 3,962,668 | US$5,599m | London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) AND NYSE Euronext Amsterdam | ETFS Physical Gold | 132.01 | 4,244,391 | US$5,997m | Australian Stock Exchange (ASX) | Gold Bullion Securities | 14.21 | 474,983 | US$648m | Johannesburg Securities Exchange (JSE) | New Gold Debentures | 50.99 | 1,639,373 | US$2,316m | NASDAQ Dubai | Dubai Gold Securities | 0.154 | 4,963 | US$7m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 3.34 tonnes. COMEX Gold Trust (IAU) Total Tonnes in Trust: 117.18 - No change from yesterday’s data. Silver Trust (SLV) Total Tonnes in Trust: 10,903.34 - No change from yesterday’s data. The Miners: WINNERS 1. Cardero | CDY+17.95% $2.30 | 2. Timberline | TLR +8.18% $1.19 | 3. Paramount | PZG +8.13% $3.99 |
LOSERS 1. Vista | VGZ -3.63% $2.39 | 2. Solitario | XPL -2.68% $3.63 | 3. Ivanhoe | IVN-1.63% $22.92 |
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: Nevada Exploration Announces Grant of Stock Options - More
- December 31, 2010 | Item | ShareThis
Uragold Closes Broker Private Placement - More
- December 31, 2010 | Item | ShareThis
Fancamp Completes Final Tranche of $4 Million Brokered Financing - More
- December 31, 2010 | Item | ShareThis
Osisko Draws $75 Million on CPPIB Credit Investments Inc. Credit Facility. - More
- December 31, 2010 | Item | ShareThis
Explor Resources Inc.: Private Placement Press Release - More
- December 31, 2010 | Item | ShareThis
Laurion Mineral Exploration Inc.-Issuance of Stock Options - More
- December 31, 2010 | Item | ShareThis
Dia Bras Reports Drilling Results From La Cascada Gold Target at Bolivar Property - More
- December 31, 2010 | Item | ShareThis
Formation Metals Closes $77.7 Million Bond Issue for Idaho Cobalt Project - More
- December 31, 2010 | Item | ShareThis
Explor Acquires Sauve Property - More
- December 31, 2010 | Item | ShareThis
Ecometals Announces Changes to Its Key Officers and Audit Committee - More
- December 31, 2010 | Item | ShareThis
Conquest Closes $0.5 Million Private Placement - More
- December 31, 2010 | Item | ShareThis
Ecometals Limited: Sale of Condor Gold Project - More
- December 31, 2010 | Item | ShareThis
Nuinsco Resources Limited Announces Closing of Private Placement - More
- December 31, 2010 | Item | ShareThis
White Canyon Completes $750,000 Short Term Loan Agreement - More
- December 31, 2010 | Item | ShareThis
Eastmain Resources Inc.: Private Placement & Drilling Update - More
- December 31, 2010 | Item | ShareThis
First Gold Closes a $2,900,000 Private Placement With the MineralFields Group - More
- December 31, 2010 | Item | ShareThis
Key Gold Holdings Inc. Announces the Closing of a Non-Brokered Private Placement of Flow-Through Shares - More
- December 31, 2010 | Item | ShareThis
Nevado Completes $4,413,790 Oversubscribed Financing Lead by Aberdeen Gould Capital Markets Ltd. - More
- December 31, 2010 | Item | ShareThis
Alto Group Holdings Announces Acquisition Completed of Ownership in Bogue Gold Project - More
- December 31, 2010 | Item | ShareThis
Geologix Appoints Mauricio Candiani Galaz to the Board of Directors - More
- December 31, 2010 | Item | ShareThis
Rt Minerals Announces Closing of Property Acquisitions and Private Placements - More
- December 31, 2010 | Item | ShareThis
PolyMet Announces Board Reorganization - More
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Douglas Lake Announces Transfer of Prospecting Licenses From IPP Gold Limited to Douglas Lake - More
- December 31, 2010 | Item | ShareThis
Fortress Corporate Update - More
- December 31, 2010 | Item | ShareThis
Gold Bag Announces Closing of High Grade Gold Project in Mexico - More
- December 31, 2010 | Item | ShareThis
Common Shares of White Tiger Gold Ltd. to Commence Trading on TSX at Market Open on December 31, 2010 - More
- December 31, 2010 | Item | ShareThis
Bonaparte Announces Closing of Private Placement - More
- December 31, 2010 | Item | ShareThis
Fission Grants Stock Options - More
- December 31, 2010 | Item | ShareThis
Rencore Resources Ltd. Announces First Closing of Private Placement - More
- December 31, 2010 | Item | ShareThis
Bold Ventures Inc. Announces First Closing of Private Placement - More
- December 31, 2010 | Item | ShareThis
Key Gold Holdings Inc. Announces a Non-Brokered Private Placement of Flow-Through Shares - More
- December 31, 2010 | Item | ShareThis
Mazorro Closes Private Placement Financings for Total Proceeds of $1,611,250 - More
- December 31, 2010 | Item | ShareThis
Explor Resources Inc.: Private Placement - More
- December 31, 2010 | Item | ShareThis
Ivanhoe Mines Common Shares Now Trading "Ex-Rights" on Toronto and New York Stock Exchanges and NASDAQ - "Ivanhoe Mines (TSX:IVN - News)(NYSE:IVN - News)(NASDAQ:IVN - News) announced today that the company's shares began trading "ex-rights" on the Toronto Stock Exchange (TSX), New York Stock Exchange (NYSE) and NASDAQ Stock Market on December 29, 2010." More
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- Chris Mullen, Gold Seeker Report - Would you like to receive the Free Daily Gold Seeker Report in your e-mail? Click here Additional Resources for today’s Gold Seeker Report can be found: © Gold Seeker 2010 Note: This article may be reproduced provided the article, in full, is used and mention to Gold-Seeker.com is given. Disclosure: The owner, editor, writer and publisher and their associates are not responsible for errors or omissions. The author of this report is not a registered financial advisor. Readers should not view this material as offering investment related advice. Gold-Seeker.com has taken precautions to ensure accuracy of information provided. Information collected and presented are from what is perceived as reliable sources, but since the information source(s) are beyond Gold-Seeker.com’s control, no representation or guarantee is made that it is complete or accurate. The reader accepts information on the condition that errors or omissions shall not be made the basis for any claim, demand or cause for action. Past results are not necessarily indicative of future results. Any statements non-factual in nature constitute only current opinions, which are subject to change. Nothing contained herein constitutes a representation by the publisher, nor a solicitation for the purchase or sale of securities & therefore information, nor opinions expressed, shall be construed as a solicitation to buy or sell any stock, futures or options contract mentioned herein. Investors are advised to obtain the advice of a qualified financial & investment advisor before entering any financial transaction.
-- Posted Friday, 31 December 2010 | Digg This Article | Source: GoldSeek.com
Previous Articles by Chris Mullen, Gold-Seeker.com
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