-- Posted Tuesday, 19 November 2013 | | Disqus
| Close | Gain/Loss |
Gold | $1273.40 | -$0.30 |
Silver | $20.32 | -$0.09 |
XAU | 90.75 | +0.03% |
HUI | 222.13 | -0.10% |
GDM | 652.46 | +0.00% |
JSE Gold | 1273.17 | -32.31 |
USD | 80.66 | -0.08 |
Euro | 135.36 | +0.28 |
Yen | 99.86 | -0.20 |
Oil | $93.34 | +$0.31 |
10-Year | 2.712% | +0.034 |
T-Bond | 132.53125 | -0.46875 |
Dow | 15967.03 | -0.06% |
Nasdaq | 3931.55 | -0.44% |
S&P | 1787.87 | -0.20% |
The Metals:
Gold dipped $4.55 to $1269.15 by a little after 6AM EST before it climbed to as high as $1278.76 in morning New York trade, but it then dropped back off midday and ended with a loss of 0.02%. Silver slipped to $20.219 before it bounced back to $20.493, but it then fell back off in late trade and ended with a loss of 0.44%.
Euro gold fell towards €940, platinum gained $9 to $1416, and copper rose slightly to about $3.16.
Gold and silver equities waffled near unchanged and ended mixed.
The Economy:
Report | For | Reading | Expected | Previous |
Employment Cost Index | Q3 | 0.4% | 0.5% | 0.5% |
Bernanke has a speech tonight at 7PM EST. Tomorrow brings Retail Sales, CPI, Existing Home Sales, Business Inventories, and FOMC Minutes.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil edged higher as the U.S. dollar index erased early gains and ended lower on comments from the ECB:
“ECB Vice President Vitor Constancio said that while so-called quantitative easing is still a possibility, the central bank has not discussed how quantitative easing would be implemented on a technical level, according to reports. His remarks come nearly a week after Peter Praet, a member of the ECB’s executive board, told The Wall Street Journal that asset purchases and negative interest rates were still options, adding that additional stimulus isn’t necessary right now.”
Treasuries saw modest losses as the Dow, Nasdaq, and S&P waffled near unchanged ahead of tomorrow’s economic data.
Among the big names making news in the market today were Amazon, Home Depot, and Best Buy.
GATA Posts:
Australian interview of GATA secretary covers gold market manipulation
NYPost's John Crudele: Census 'faked' 2012 jobs report
The Statistics:
As of close of business: 11/18/2013
Gold Warehouse Stocks: | 7,192,118.628 | +1,099.95 |
Silver Warehouse Stocks: | 168,486,954.168 | -121,517.00 |
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 | 864.512 | 27,794,938 | US$35,450m |
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$5,662m |
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: Change in Total Tonnes from yesterday’s data: SPDR subtracted 1.201 tonnes.
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: +No change from yesterday’s data.
The Miners:
Almaden’s (AAU) drill results, Alamos Gold’s (AGI) new website, and Golden Star’s (GSS) management change were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Turquoise Hill | TRQ +6.40% $4.32 |
2. Pretivm | PVG +2.35% $3.05 |
3. First Majestic | AG +1.99% $10.23 |
LOSERS
1. Northern Dynasty | NAK -3.97% $1.21 |
2. Rubicon | RBY -3.17% $1.22 |
3. Allied Nevada | ANV -2.96% $3.60 |
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 Tuesday, 19 November 2013 | Digg This Article | Source: GoldSeek.com