-- Posted Monday, 28 January 2013 | | Disqus
| Close | Gain/Loss |
Gold | $1654.90 | -$4.00 |
Silver | $30.86 | -$0.34 |
XAU | 149.21 | -1.06% |
HUI | 395.47 | -0.90% |
GDM | 1154.98 | -1.02% |
JSE Gold | 2195.31 | -21.77 |
USD | 79.79 | +0.06 |
Euro | 134.54 | -0.06 |
Yen | 110.19 | +0.10 |
Oil | $96.44 | +$0.56 |
10-Year | 1.974% | +0.027 |
T-Bond | 143.65625 | -0.40625 |
Dow | 13881.93 | -0.10% |
Nasdaq | 3154.30 | +0.15% |
S&P | 1500.18 | -0.18% |
The Metals:
Gold edged up to $1662.30 in Asia before it fell back to $1651.78 by a little before 9AM EST, but it then bounced back higher in late morning New York trade and ended with a loss of just 0.24%. Silver climbed to $31.301 in Asia before it dropped back to $30.732, but it then pared its losses in afternoon trade and ended with a loss of just 1.09%.
Euro gold fell to about €1230, platinum lost $28.70 to $1661.50, and copper remained at about $3.66.
Gold and silver equities fell about 1% in the first hour of trade and remained near that level for the rest of the day.
The Economy:
Report | For | Reading | Expected | Previous |
Durable Goods | Dec | 4.6% | 1.6% | 0.7% |
Durable Goods -ex trans. | Dec | 1.3% | 0.0% | 1.2% |
Pending Home Sales | Dec | -4.3% | 0.0% | 1.7% |
Tomorrow at 9AM EST brings the Case-Shiller 20-city Index for November expected at 5.2% and at 10AM is Consumer Confidence for January expected at 65.1.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil ended decently higher on unrest in the Middle East and better than expected Durable Goods Orders data.
The U.S. dollar index waffled near unchanged in quiet trade.
Treasuries remained lower after today’s $35 billion 2-year note auction sold at a yield of 0.288% with a bid to cover of 3.77.
The Dow, Nasdaq, and S&P traded near flat on mixed economic data and earnings reports.
Among the big names making news in the market today were Toyota, Boeing, Powerwave Technologies, Goldman Sachs, and Caterpillar.
GATA Posts:
Jeff Thomas: The disappearing gold
Former Fed and Treasury official endorses transparency for gold swaps and leases
Join GATA at the California Resource Investment Conference on Feb. 24-25
The Statistics:
As of close of business: 1/25/2013
Gold Warehouse Stocks: | 10,956,260.186 | +4,436.70 |
Silver Warehouse Stocks: | 153,155,200.530 | +887,429.53 |
Global Gold ETF Holdings
[WGC Sponsored ETF’s]
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 | 1329.899 | 42,757,586 | US$70,953m |
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) | Gold Bullion Securities | 137.82 | 4,431,093 | US$7,345m |
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) AND NYSE Euronext Amsterdam | ETFS Physical Gold | 157.04 | 5,048,940 | US$8,233m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$595m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 42.45 | 1,364,715 | US$2,214m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 1.807 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 220.22: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,468.76: -28.57 change from yesterday’s data.
The Miners:
Centerra’s (CG.TO) possible troubles in Kyrgyzstan, Randgold’s (GOLD) independent non-executive director appointment, Lake Shore’s (LSG) investor webinar, Rubicon’s (RBY) construction and development update, Polyus Gold’s 2012 output and 2013 outlook, IMPACT Silver’s (IPT.V) drill results, and Silvercorp’s (SVM) new management appointments were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Gold Reserve | GRZ +6.45% $2.97 |
2. Vista Gold | VGZ +3.98% $2.35 |
3. Comstock | LODE +2.25% $1.82 |
LOSERS
1. Banro | BAA -5.53% $2.39 |
2. Exeter | XRA -4.51% $1.27 |
3. Almaden | AAU -4.17% $2.76 |
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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-- Posted Monday, 28 January 2013 | Digg This Article
| Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Fall Slightly
