-- Posted Wednesday, 6 February 2013 | | Disqus
| Close | Gain/Loss |
Gold | $1677.50 | +$4.50 |
Silver | $31.83 | +$0.04 |
XAU | 152.97 | +0.64% |
HUI | 404.35 | +0.63% |
GDM | 1182.21 | +0.56% |
JSE Gold | 2222.97 | -10.21 |
USD | 79.75 | +0.20 |
Euro | 135.18 | -0.53 |
Yen | 106.95 | +0.18 |
Oil | $96.62 | -$0.02 |
10-Year | 1.968% | -0.048 |
T-Bond | 143.53125 | +0.78125 |
Dow | 13986.52 | +0.05% |
Nasdaq | 3168.48 | -0.10% |
S&P | 1512.12 | +0.05% |
The Metals:
Gold fell $4.90 to $1668.10 at about 6AM EST, but it then climbed to as high as $1679.50 in New York and ended with a gain of 0.27%. Silver rose to as high as $31.873 and ended with a gain of 0.13%.
Euro gold climbed to almost €1241, platinum gained $27.70 to $1731.80, and copper fell a couple of cents to about $3.75.
Gold and silver equities traded mostly slightly higher and ended with modest gains.
The Economy:
U.S. mortgage applications up 16%: MBA MarketWatch
Tomorrow at 8:30AM EST brings Initial Jobless Claims for 2/02 expected at 360,000, fourth quarter Productivity expected at -1.2%, and Unit Labor Costs expected at 2.4%. At 3PM is Consumer Credit for December expected at $11.9 billion.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil pared early losses and ended just barely lower after the Energy Information Administration reported that crude inventories rose 2.6 million barrels, gasoline inventories rose 1.7 million barrels, and distillates fell 1.0 million barrels.
The U.S. dollar index and treasuries rose on persistent worries about Europe’s debt crisis that held the Dow, Nasdaq, and S&P near unchanged.
Among the big names making news in the market today were RBS, Time Warner, Biogen, Shutterfly, and Macy’s.
GATA Posts:
Antal Fekete: China's risk-free bonanza in covered call selling in silver
Why the secrecy around NY Fed transactions involving U.S. government gold?
New York Sun: Virginia in the vanguard
U.S. government justifies drone killings of Americans for little cause
'... and no one knows how much the central bank is buying'
The Statistics:
As of close of business: 2/05/2013
Gold Warehouse Stocks: | 10,927,196.051 | - |
Silver Warehouse Stocks: | 158,500,152.041 | -195,490.72 |
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 | 4,509,739 | US$7,554m |
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 | 5,030,127 | US$8,202m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$601m |
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: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,420.81: No change from yesterday’s data.
The Miners:
Seabridge’s (SA) acquired shares in Calico, Randgold’s (GOLD) dividend timetable, and Huldra’s (HDA.V) counterclaim against CRMC Canadian Royal Mining Corp. were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Avino | ASM +6.02% $1.76 |
2. Tanzanian Royalty | TRX +4.39% $3.57 |
3. Nevsun | NSU +3.20% $4.19 |
LOSERS
1. Mines MGMT | MGN -6.31% $1.04 |
2. Pretivm | PVG -3.46% $10.88 |
3. Fortuna | FSM -2.99% $4.55 |
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, 6 February 2013 | Digg This Article
| Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver End Slightly Higher
