-- Posted Friday, 28 December 2012 | | Disqus
| Close | Gain/Loss | On Week |
Gold | $1657.20 | -$7.00 | +0.13% |
Silver | $30.03 | -$0.17 | +0.20% |
XAU | 160.62 | -0.97% | +0.21% |
HUI | 430.96 | -0.85% | +0.79% |
GDM | 1249.64 | -0.90% | +0.57% |
JSE Gold | 2279.20 | +32.77 | +3.50% |
USD | 79.68 | +0.06 | +0.14% |
Euro | 132.19 | -0.23 | +0.27% |
Yen | 116.11 | -0.04 | -2.20% |
Oil | $90.80 | -$0.07 | +2.41% |
10-Year | 1.711% | -0.004 | -2.45% |
Bond | 148.375 | +0.03125 | +0.57% |
Dow | 12938.11 | -1.21% | -1.92% |
Nasdaq | 2960.31 | -0.86% | -2.01% |
S&P | 1402.43 | -1.10% | -1.94% |
The Metals:
Gold fell to as low as $1653.39 by about 3PM EST before it bounced back higher in the last hour trade, but it still ended with a loss of 0.42%. Silver slipped to as low as $29.86 and ended with a loss of 0.56%.
Euro gold fell to about €1254, platinum lost $16.70 to $1517.80, and copper fell slightly to about $3.58.
Gold and silver equities saw slight gains in the first half hour of trade, but they then fell back off for most of the rest of the day and ended with almost 1% losses.
The Economy:
Report | For | Reading | Expected | Previous |
Chicago PMI | Dec | 51.6 | 51.0 | 50.4 |
Pending Home Sales | Nov | 1.7% | 1.0% | 5.0% |
All of this week’s other economic reports:
Next week’s economic highlights include the ISM Index and Construction Spending on Wednesday, ADP Employment and Initial Jobless Claims on Thursday, and December’s jobs data, Factory Orders, and ISM Services on Friday.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil erased early gains and ended slightly lower after the Energy Information Administration reported that crude inventories fell 586,000 barrels, gasoline inventories rose 3.78 million barrels, and distillates rose 2.42 million barrels.
The U.S. dollar index and treasuries found slight gains on persistent worries about the fiscal cliff that sent the Dow, Nasdaq, and S&P lower for a fifth straight session.
Among the big names making news in the market Friday were Barnes & Noble, Home Depot, and Hewlett-Packard.
The Statistics:
Activity from: 12/27/2012
Gold Warehouse Stocks: | 11,056,457.557 | +7,812.45 |
Silver Warehouse Stocks: | 147,081,147.747 | -662,365.48 |
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 | 1350.820 | 43,430,228 | US$71,959m |
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) | Gold Bullion Securities | 139.16 | 4,474,065 | US$7,405m |
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) AND NYSE Euronext Amsterdam | ETFS Physical Gold | 158.87 | 5,107,908 | US$8,329m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$594m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 42.45 | 1,364,715 | US$2,214m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 217.72: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,045.85: No change from yesterday’s data.
The Miners:
WINNERS
1. Solitario | XPL +3.83% $1.60 |
2. Nevsun | NSU +2.21% $4.17 |
3. Paramount | PZG+1.82% $2.24 |
LOSERS
1. Richmont | RIC -3.97% $2.90 |
2. Northern Dynasty | NAK -3.03% $3.20 |
3. Revett | RVM -2.84% $2.74 |
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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© Gold Seeker 2012
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-- Posted Friday, 28 December 2012 | Digg This Article
| Source: GoldSeek.com
Gold Seeker Weekly Wrap-Up: Gold and Silver End Barely Higher on the Week
