-- Posted Monday, 18 November 2013 | | Disqus
| Close | Gain/Loss |
Gold | $1273.70 | -$14.10 |
Silver | $20.41 | -$0.34 |
XAU | 90.72 | -2.03% |
HUI | 222.35 | -2.01% |
GDM | 652.36 | -2.03% |
JSE Gold | 1305.48 | -38.32 |
USD | 80.74 | -0.10 |
Euro | 135.07 | +0.10 |
Yen | 100.10 | +0.24 |
Oil | $93.03 | -$0.81 |
10-Year | 2.678% | -0.031 |
T-Bond | 133.15625 | +0.625 |
Dow | 15976.02 | +0.09% |
Nasdaq | 3949.06 | -0.93% |
S&P | 1791.53 | -0.37% |
The Metals:
Gold fell $17.50 to $1270.30 in early afternoon New York trade before it bounced back higher, but it still ended with a loss of 1.09%. Silver slipped to as low as $20.317 and ended with a loss of 1.64%.
Euro gold fell to about €943, platinum lost $31 to $1407, and copper fell a couple of cents to about $3.15.
Gold and silver equities fell over 2% by late morning and remained near that level for the rest of the day.
The Economy:
Report | For | Reading | Expected | Previous |
Net Long-Term TIC Flows | Sep | $25.5B | - | -$9.8B |
NAHB Housing Market Index | Nov | 54 | 55 | 54 |
Tomorrow at 8:30AM EST brings the Employment Cost Index for the third quarter expected at 0.5%.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell as the U.S. dollar index pared early losses and ended only modestly lower on mixed signals about the future of fed stimulus that sent treasuries higher.
The Dow, Nasdaq, and S&P waffled near unchanged on mixed earnings reports.
Among the big names making news in the market today were MF Global, Google, GM, Toyota, Merck, and CME.
GATA Posts:
TF Metals Report: Next move in gold futures is up to JPMorganChase
Why China likely works with the U.S. to manipulate gold prices
Pinnacle Digest: Rigging the gold market
Koos Jansen: West to East gold distribution update
Alasdair Macleod: Cooperation between central banks
Nick Barisheff: Fed and Treasury likely arranged gold smashdown
The Statistics:
As of close of business: 11/15/2013
Gold Warehouse Stocks: | 7,191,018.678 | +30,855.015 |
Silver Warehouse Stocks: | 168,608,471.168 | -10,180.55 |
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 | 865.713 | 27,833,533 | US$35,716m |
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$5,660m |
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$457m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 41.77 | 1,342,915 | US$1,756m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 172.21: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,404.87: +11.98 change from yesterday’s data.
The Miners:
Barrick’s (ABX) early tender and Kirkland’s (KGI.TO) management changes were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Comstock | LODE +3.37% $1.84 |
2. MAG Silver | MVG +3.33% $5.59 |
3. Rubicon | RBY +3.28% $1.26 |
LOSERS
1. Timmins | TGD -8.40% $1.20 |
2. Avino | ASM -5.69% $1.16 |
3. First Majestic | AG -5.02% $10.03 |
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
- Would you like to receive the Free Daily Gold Seeker Report in your e-mail? Click here
Additional Resources for today’s Gold Seeker Report can be found:
© Gold Seeker 2013
Note: This article may be reproduced provided the article, in full, is used and mention to Gold-Seeker.com is given.
Disclosure: The owner, editor, writer and publisher and their associates are not responsible for errors or omissions. The author of this report is not a registered financial advisor. Readers should not view this material as offering investment related advice. Gold-Seeker.com has taken precautions to ensure accuracy of information provided. Information collected and presented are from what is perceived as reliable sources, but since the information source(s) are beyond Gold-Seeker.com’s control, no representation or guarantee is made that it is complete or accurate. The reader accepts information on the condition that errors or omissions shall not be made the basis for any claim, demand or cause for action. Past results are not necessarily indicative of future results. Any statements non-factual in nature constitute only current opinions, which are subject to change. Nothing contained herein constitutes a representation by the publisher, nor a solicitation for the purchase or sale of securities & therefore information, nor opinions expressed, shall be construed as a solicitation to buy or sell any stock, futures or options contract mentioned herein. Investors are advised to obtain the advice of a qualified financial & investment advisor before entering any financial transaction.
-- Posted Monday, 18 November 2013 | Digg This Article | Source: GoldSeek.com