-- Posted Monday, 8 July 2013 | | Disqus
| Close | Gain/Loss |
Gold | $1236.50 | +$14.80 |
Silver | $19.06 | +$0.20 |
XAU | 84.98 | -1.69% |
HUI | 211.94 | -1.83% |
GDM | 633.21 | -1.76% |
JSE Gold | 1184.88 | +15.68 |
USD | 84.20 | -0.25 |
Euro | 128.73 | +0.44 |
Yen | 99.04 | +0.23 |
Oil | $103.14 | -$0.08 |
10-Year | 2.645% | -0.070 |
T-Bond | 133.50 | +0.84375 |
Dow | 15244.69 | +0.59% |
Nasdaq | 3484.83 | +0.16% |
S&P | 1640.46 | +0.53% |
The Metals:
Gold edged down to $1218.40 in Asia, but it then rose to as high as $1238.39 in New York and ended with a gain of 1.21%. Silver surged to as high as $19.299 and ended with a gain of 1.06%.
Euro gold climbed back over €960, platinum rose $29.15 to $1356.65, and copper climbed 4 cents to about $3.11.
Gold and silver equities rose over 1% at the open before they fell to see about 1% losses in the next half hour of trade and then bounced back above unchanged by midmorning, but they then drifted back lower into the close and ended with almost 2% losses.
The Economy:
Report | For | Reading | Expected | Previous |
Consumer Credit | May | $19.6B | $13.2B | $10.9B |
There are no major economic reports due out tomorrow.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil traded mixed as traders watched developments in Egypt.
The U.S. dollar index fell on profit taking and bonds rebounded as treasuries yields dropped in relief from the last few weeks of tapering talk.
The Dow, Nasdaq, and S&P rose on hopes for strong earnings reports.
Among the big names making news in the market today were Boeing, Alcoa, Sprint, and Dell.
GATA Posts:
South Africa seems content to die obediently
The Statistics:
As of close of business: 7/05/2013
Gold Warehouse Stocks: | 7,298,163.829 | -120,285.512 |
Silver Warehouse Stocks: | 165,605,142.597 | -150,953.61 |
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 | 961.987 | 30,928,841 | US$38,183m |
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) | Gold Bullion Securities | 138.13 | 4,441,056 | US$5,483m |
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) AND NYSE Euronext Amsterdam | ETFS Physical Gold | 152.66 | 4,908,200 | US$8,004m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$444m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 42.43 | 1,364,075 | US$1,654m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 2.705 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 180.05: -1.06 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,051.46: +90.04 change from yesterday’s data.
The Miners:
Goldcorp’s (GG) dividend, Coeur’s (CDE) PEA, and Exeter’s (XRA) drilling were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Turquoise Hill | TRQ +7.33% $5.86 |
2. Agnico Eagle | AEM +3.34% $27.53 |
3. Eurasian | EMXX +3.33% $1.24 |
LOSERS
1. McEwen | MUX -6.78% $1.65 |
2. DRDGOLD | DRD -5.88% $4.96 |
3. Tanzanian Royalty | TRX -5.34% $2.48 |
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, 8 July 2013 | Digg This Article
| Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Gain Over 1% but Miners Fall Almost 2%
