-- Posted Wednesday, 14 August 2013 | | Disqus
| Close | Gain/Loss |
Gold | $1335.00 | +$13.30 |
Silver | $21.84 | +$0.39 |
XAU | 105.20 | +4.91% |
HUI | 260.49 | +5.61% |
GDM | 790.42 | +5.22% |
JSE Gold | 1323.60 | +31.24 |
USD | 81.69 | -0.04 |
Euro | 132.59 | -0.05 |
Yen | 101.94 | +0.13 |
Oil | $106.85 | +$0.02 |
10-Year | 2.712% | -0.003 |
T-Bond | 132.65625 | +0.03125 |
Dow | 15337.66 | -0.73% |
Nasdaq | 3669.27 | -0.41% |
S&P | 1685.39 | -0.52% |
The Metals:
Gold fell to $1315.70 in Asia before it rebounded to $1327.00 at about 5AM EST and then dropped back to $1319.00 in the next four and half hours of trade, but it then jumped to as high as $1335.86 in New York and ended with a gain of 1.01%. Silver surged to as high as $21.851 and ended with a gain of 1.82%.
Euro gold climbed back above €1006, platinum rose $4.75 to $1500.25, and copper climbed a few cents to about $3.34.
Gold and silver equities rose over 5% by midmorning and remained near that level for the rest of the day.
The Economy:
Report | For | Reading | Expected | Previous |
PPI | July | 0.0% | 0.3% | 0.8% |
Core PPI | July | 0.1% | 0.2% | 0.2% |
Tomorrow brings Initial Jobless Claims, CPI, Empire Manufacturing, New Long Term TIC Flows, Industrial Production, Capacity Utilization, the Philadelphia Fed, and the NAHB Housing Market Index.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil turned slightly higher after The Energy Information Administration reported that crude inventories fell 2.8 million barrels, gasoline inventories fell 1.2 million barrels, and distillates rose 2.0 million barrels.
The U.S. dollar index traded mostly slightly lower and treasuries saw modest gains ahead of tomorrow’s economic data.
The Dow, Nasdaq, and S&P fell on poor earnings reports and worries about the fed.
Among the big names making news in the market today were JPMorgan, Deere, Boeing, and Macy’s.
The Statistics:
As of close of business: 8/13/2013
Gold Warehouse Stocks: | 6,967,250.492 | -32,266.42 |
Silver Warehouse Stocks: | 164,869,919.667 | +382,927.48 |
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) AND Mexico Stock Exchange (BMV) | SPDR® Gold Shares | 911.130 | 29,293,742 | US$38,836m |
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$5,916m |
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$478m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 42.66 | 1,371,410 | US$1,803m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 177.60: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,453.72: +56.99 change from yesterday’s data.
The Miners:
Harmony Gold’s (HMY) full-year loss, Sandstorm’s (SAND) agreement to acquire Premier Royalty, Timberline’s (TLR) third quarter results, B2Gold’s (BTG) second quarter results, Minco Silver’s (MSV.TO) corporate update, and Santacruz Silver’s (SCZ.V) amended agreement were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Allied Nevada | ANV +10.91% $4.37 |
2. First Majestic | AG +9.92% $14.41 |
3. Harmony | HMY +9.81% $4.14 |
LOSERS
1. Turquoise | TRQ -2.84% $4.79 |
2. Exeter | XRA -0.96% $1.03 |
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 Wednesday, 14 August 2013 | Digg This Article | Source: GoldSeek.com