-- Posted Tuesday, 24 September 2013 | | Disqus
| Close | Gain/Loss |
Gold | $1322.50 | +$1.40 |
Silver | $21.65 | +$0.09 |
XAU | 93.72 | -0.37% |
HUI | 229.52 | UNCH |
GDM | 689.98 | -0.24% |
JSE Gold | 1224.76 | -4.98 |
USD | 80.58 | +0.12 |
Euro | 134.74 | -0.19 |
Yen | 101.27 | +0.08 |
Oil | $103.13 | -$0.46 |
10-Year | 2.653% | -0.061 |
T-Bond | 132.96875 | +1.0625 |
Dow | 15334.59 | -0.43% |
Nasdaq | 3768.25 | +0.08% |
S&P | 1697.42 | -0.26% |
The Metals:
Gold saw modest gains in Asia before it fell to see an over 1% loss at $1306.07 at about 9AM EST, but it then rallied back higher in several sharp spurts at various times throughout the rest of trade and ended with a gain of 0.11%. Silver slipped to as low as $21.299 before it also rallied back higher and ended with a gain of 0.42%.
Euro gold climbed to almost €982, platinum rose $2.20 to $1421.20, and copper fell a few cents to about $3.27.
Gold and silver equities waffled near unchanged and ended mixed.
The Economy:
Report | For | Reading | Expected | Previous |
Case-Shiller 20-city Index | July | 12.4% | 12.0% | 12.1% |
FHFA Housing Price Index | July | 1.0% | - | 0.7% |
Consumer Confidence | Sep | 79.7 | 80.0 | 81.8 |
Tomorrow brings Durable Goods Orders and New Home Sales.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil ended with a modest loss as the U.S. dollar index edged higher on decent economic data.
Treasuries remained higher after today’s $33 billion 2-year note auction sold at a yield of 0.348% with a bid to cover of 3.09.
The Dow, Nasdaq, and S&P ended near unchanged in mixed trade.
Among the big names making news in the market today were Morgan Stanley, Wells Fargo, JPMorgan, Applied Materials, Twitter, Carnival, and Lennar.
GATA Posts:
Tom Fischer: Why gold's contango suggests central bank interference
The Statistics:
As of close of business: 9/23/2013
Gold Warehouse Stocks: | 6,860,160.073 | -173,358.192 |
Silver Warehouse Stocks: | 163,911,333.791 | +959,943.49 |
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 | 909.594 | 29,244,351 | US$38,422m |
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$5,843m |
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$476m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 41.92 | 1,347,690 | US$1,869m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 0.6 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 177.56: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,602.67: No change from yesterday’s data.
The Miners:
Barrick’s (ABX) possible asset sales, Randgold’s (GOLD) early gold pour, and Seabridge’s (SA) drill results were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Golden Minerals | AUMN +4.38% $1.00 |
2. Sandstorm | SAND +3.98% $5.49 |
3. Almaden | AAU +3.03% $1.36 |
LOSERS
1. Avino | ASM -8.03% $1.26 |
2. Revett | RVM -5.51% $1.04 |
3. Seabridge | SA -4.64% $11.50 |
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, 24 September 2013 | Digg This Article
| Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver End Slightly Higher
