-- Posted Wednesday, 2 January 2013 | | Disqus
| Close | Gain/Loss |
Gold | $1684.70 | +$11.60 |
Silver | $30.92 | +$0.60 |
XAU | 168.46 | +1.73% |
HUI | 450.51 | +1.42% |
GDM | 1308.52 | +1.58% |
JSE Gold | 2333.74 | +59.94 |
USD | 79.80 | +0.03 |
Euro | 131.90 | -0.05 |
Yen | 114.62 | -0.63 |
Oil | $93.12 | +$1.30 |
10-Year | 1.839% | +0.083 |
T-Bond | 145.71875 | -1.78125 |
Dow | 13412.55 | +2.35% |
Nasdaq | 3112.26 | +3.07% |
S&P | 1462.42 | +2.54% |
The Metals:
Gold climbed to as high as $1694.72 by midmorning in New York before it fell back off a bit midday, but it still ended with a gain of 0.69%. Silver surged to as high as $31.48 and ended with a gain of 1.98%.
Euro gold rose to about €1278, platinum gained $25.25 to $1560.25, and copper climbed 7 cents to about $3.72.
Gold and silver equities rose about 2% at the open and remained near that level for the rest of the day.
The Economy:
Report | For | Reading | Expected | Previous |
ISM Index | Dec | 50.7 | 50.5 | 49.5 |
Construction Spending | Nov | -0.3% | 0.5% | 0.7% |
Tomorrow at 8:15AM EST brings ADP Employment for December expected at 140,000. At 8:30 are Initial Jobless Claims for 12/29 expected at 365,000 and at 2PM are FOMC Minutes from the fed’s December 12th meeting.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil rose and treasuries fell after news of a resolution to the fiscal cliff sent the Dow, Nasdaq, and S&P over 2% higher.
The U.S. dollar index erased early losses and found slight gains in technical trade versus the euro.
Among the big names making news in the market today were Goldman Sachs, Macau, Boeing, Avis Budget, and Shell.
GATA Posts:
Mike Kosares: The gold owner's guide to 2013
The Statistics:
As of close of business: 12/31/2012
Gold Warehouse Stocks: | 11,098,222.184 | +39,546.277 |
Silver Warehouse Stocks: | 148,808,018.767 | +602,827.92 |
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$72,239m |
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) | Gold Bullion Securities | 139.15 | 4,473,862 | US$7,552m |
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 | 5,107,690 | US$8,329m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$606m |
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: 10,084.96: +39.11 change from yesterday’s data.
The Miners:
NovaGold’s (NG) warrant exercise proceeds, First Majestic’s (AG) new Vice President of Operations, and Revett’s (RVM) mine update were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Turquoise Hill | TRQ +14.72% $8.73 |
2. ITH | THM +8.29% $2.35 |
3. Great Panther | GPL +7.84% $1.65 |
LOSERS
1. Gold Reserve | GRZ -5.44% $3.13 |
2. Comstock | LODE -3.51% $2.20 |
3. Tanzanian Royalty | TRX -2.72% $4.29 |
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 2013
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-- Posted Wednesday, 2 January 2013 | Digg This Article
| Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Gain Almost 1% and 2%
