-- Posted Thursday, 10 January 2013 | | Disqus
| Close | Gain/Loss |
Gold | $1672.90 | +$15.50 |
Silver | $30.77 | +$0.44 |
XAU | 163.84 | +2.50% |
HUI | 433.94 | +2.74% |
GDM | 1264.72 | +2.51% |
JSE Gold | 2183.14 | +3.05 |
USD | 79.76 | -0.74 |
Euro | 132.54 | +1.95 |
Yen | 113.23 | -0.56 |
Oil | $93.82 | +$0.72 |
10-Year | 1.894% | +0.042 |
T-Bond | 144.84375 | -0.65625 |
Dow | 13471.22 | +0.60% |
Nasdaq | 3121.76 | +0.51% |
S&P | 1472.12 | +0.76% |
The Metals:
Gold climbed to as high as $1678.83 by about 10:30AM EST and ended with a gain of 0.94%. Silver surged to as high as $30.926 and ended with a gain of 1.45%.
Euro gold fell to about €1262, platinum jumped $ to $1626.50, and copper climbed 4 cents to about $3.71.
Gold and silver equities rose about 2.5% in the first half hour of trade and remained near that level for the rest of the day.
The Economy:
Report | For | Reading | Expected | Previous |
Initial Claims | 1/05 | 371K | 364K | 367K |
Wholesale Inventories | Nov | 0.6% | 0.2% | 0.3% |
Tomorrow at 8:30AM EST brings Import and Export Prices for December and the Trade Balance for November expected at -$41.8 billion. At 2PM is the Treasury Budget for December expected at -$1.0 billion.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil rose and the U.S. dollar index fell markedly as the euro jumped higher after the ECB held rates unchanged and gave no hints of possible cuts in the future.
Treasuries remained lower after today’s $13 billion 30-year note auction sold at a yield of 3.07% with a bid to cover of 2.77.
The Dow, Nasdaq, and S&P fell back near unchanged in late morning trade as strong data out of China was offset by mixed earnings and economic reports in the US, but stocks then rallied back higher in afternoon trade and ended with decent gains.
Among the big names making news in the market today were Tiffany, Morgan Stanley, Cerberus, Toyota, Amtrak, and Ford.
The Statistics:
As of close of business: 1/09/2013
Gold Warehouse Stocks: | 10,900,604.959 | -43,649.308 |
Silver Warehouse Stocks: | 150,771,132.934 | +464,112.165 |
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 | 1339.837 | 43,077,093 | US$71,399m |
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) | Gold Bullion Securities | 139.07 | 4,471,129 | US$7,497m |
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) AND NYSE Euronext Amsterdam | ETFS Physical Gold | 158.96 | 5,110,688 | US$8,334m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$602m |
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: 219.04: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,112.22: No change from yesterday’s data.
The Miners:
Golden Star’s (GSS) permits, Yamana’s (AUY) 2012 preliminary operating results and outlook for 2013-2015, Silver Bull’s (SVBL) yearend review and 2013 road map, and Silver Standard’s (SSRI) senior notes offering were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Banro | BAA +6.12% $3.12 |
2. Yamana | AUY+6.00%$17.50 |
3. ITH | THM+5.91% $2.33 |
LOSERS
1. Silver Standard | SSRI -7.85% $13.96 |
2. Solitario | XPL -1.21% $1.62 |
3. Great Panther | GPL -1.20% $1.64 |
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 Thursday, 10 January 2013 | Digg This Article
| Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Gain About 1%
