-- Posted Tuesday, 5 February 2013 | | Disqus
| Close | Gain/Loss |
Gold | $1673.00 | -$0.50 |
Silver | $31.79 | +$0.08 |
XAU | 152.00 | -0.03% |
HUI | 401.81 | -0.16% |
GDM | 1175.62 | -0.12% |
JSE Gold | 2233.18 | -15.02 |
USD | 79.55 | -0.02 |
Euro | 135.77 | +0.61 |
Yen | 106.88 | -1.47 |
Oil | $96.64 | +$0.47 |
10-Year | 2.016% | +0.043 |
T-Bond | 142.75 | -0.71875 |
Dow | 13979.30 | +0.71% |
Nasdaq | 3171.58 | +1.29% |
S&P | 1511.29 | +1.04% |
The Metals:
Gold climbed $11.25 to $1684.75 by a little before 9AM EST before it fell back to $1666.85 in the next two and a half hours of trade, but it then rallied back higher midday and ended with a loss of just 0.03%. Silver rose to $32.10 in London before it fell back to $31.608, but it then bounced back higher midday and ended with a gain of 0.25%.
Euro gold fell to about €1232, platinum gained $8.60 to $1704.10, and copper remained at about $3.77.
Gold and silver equities waffled near unchanged and ended with slight losses.
The Economy:
Report | For | Reading | Expected | Previous |
ISM Services | Jan | 55.2 | 55.6 | 55.7 |
U.S. Deficit to Shrink Below $1 Trillion, Agency Predicts Bloomberg
Obama seeks to avoid sequester with short-term fix Yahoo
There are no major economic reports due out tomorrow.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil rose as the U.S. dollar index and treasuries fell on relief about Europe that sent the Dow, Nasdaq, and S&P higher.
ECB Balance Sheet Shrinks to 11-Month Low as Banks Repay Loans Bloomberg
Among the big names making news in the market today were MasterCard, Dell, NYSE, and Cigna.
GATA Posts:
Many welcome departure of Canada's pesky penny
Hollande warns on euro strength, denounces markets for currencies
Wall Street Journal notices currency market manipulation
The Statistics:
As of close of business: 2/04/2013
Gold Warehouse Stocks: | 10,927,196.051 | -9,702.898 |
Silver Warehouse Stocks: | 158,695,642.761 | +1,146,222.92 |
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 | 1328.092 | 42,699,501 | US$71,424m |
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) | Gold Bullion Securities | 140.27 | 4,509,791 | US$7,531m |
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) AND NYSE Euronext Amsterdam | ETFS Physical Gold | 156.45 | 5,030,181 | US$8,203m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$600m |
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: 220.38: -0.27 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,420.81: -4.33 change from yesterday’s data.
The Miners:
Tanzanian Royalty’s (TRX) Environmental Impact Assessment Certificate, New Gold’s (NGD) operational results and 2013 outlook, Randgold’s (GOLD) comments on possible mining code changes, Midway’s (MDW) year-end review and 2013 outlook, Golden Star’s (GSS) reserves and resources, Great Panther’s (GPL) drill results, Bear Creek’s (BCM.V) dismissed civil suit, Avino’s (ASM) year end summary and 2013 outlook, and Revett’s (RVM) mine update were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Fortuna | FSM +11.67% $4.69 |
2. Golden Star | GSS +5.16% $1.63 |
3. Midway | MDW +3.82% $1.36 |
LOSERS
1. Mines MGMT | MGN -4.31% $1.11 |
2. Mag Silver | MVG-3.90% $10.60 |
3. Exeter | XRA -3.76% $1.28 |
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 Tuesday, 5 February 2013 | Digg This Article
| Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver End Near Unchanged
