-- Posted Tuesday, 12 February 2013 | | Disqus
| Close | Gain/Loss |
Gold | $1651.50 | +$1.80 |
Silver | $31.11 | +$0.13 |
XAU | 150.62 | +0.87% |
HUI | 398.42 | +0.72% |
GDM | 1164.34 | +0.85% |
JSE Gold | 2213.49 | +15.14 |
USD | 80.09 | -0.22 |
Euro | 134.53 | +0.49 |
Yen | 106.93 | +0.96 |
Oil | $97.51 | +$0.48 |
10-Year | 1.982% | +0.036 |
T-Bond | 143.375 | -0.50 |
Dow | 14018.70 | +0.34% |
Nasdaq | 3186.49 | -0.17% |
S&P | 1519.43 | +0.16% |
The Metals:
Gold dropped $10.51 to $1639.19 by a little after 5AM EST, but it then rose to as high as $1653.30 in New York and ended with a gain of 0.11%. Silver slipped to $30.57 in London, but it then climbed to as high as $31.128 and ended with a gain of 0.42%.
Euro gold fell to about €1228, platinum jumped $29.25 to $1715.50, and copper remained at about $3.72.
Gold and silver equities traded mostly slightly higher and ended with modest gains.
The Economy:
Report | For | Reading | Expected | Previous |
Treasury Budget | Jan | $2.88B | -$2.0B | -$27.4B |
Tomorrow brings Retail Sales, Export and Import Prices, and Business Inventories.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil rose and the U.S. dollar index fell as the yen jumped higher after a G-7 official said the group is concerned about excess moves in the currency.
Treasuries fell as the Dow and S&P traded mostly higher on decent earnings reports.
Among the big names making news in the market today were Avon, Michael Kors, Barclays, Nasdaq, McGraw-Hill, Cnooc, Wal-Mart, and Apple.
GATA Posts:
G7 nations pledge to coordinate their currency market rigging
U.S. gold is being exported to Asia, especially Hong Kong
New York Sun: The state of the dollar
The Statistics:
As of close of business: 2/11/2013
Gold Warehouse Stocks: | 10,870,480.021 | - |
Silver Warehouse Stocks: | 158,762,784.841 | +649,348.275 |
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 | 1326.888 | 42,660,782 | US$70,437m |
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) | Gold Bullion Securities | 139.57 | 4,487,202 | US$7,396m |
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) AND NYSE Euronext Amsterdam | ETFS Physical Gold | 155.73 | 5,006,795 | US$8,164m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$592m |
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: 221.12: +0.42 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,494.50: No change from yesterday’s data.
The Miners:
McEwen’s (MUX) mine update, Aurizon’s (AZK) shareholder rights plan, NovaGold’s (NG) fourth quarter and year-end financial results, DRDGOLD’s (DRD) dividend, Aurcana’s (AUN.V) new board member, and Avino’s (ASM) January production results were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Tanzanian Royalty | TRX +4.48% $3.50 |
2. Revett | RVM +4.31% $2.18 |
3. Vista Gold | VGZ +4.07% $2.30 |
LOSERS
1. Golden Minerals | AUMN -4.76% $3.20 |
2. McEwen | MUX -4.70% $2.84 |
3. Exeter | XRA -3.94% $1.22 |
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, 12 February 2013 | Digg This Article
| Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver End Slightly Higher
