-- Posted Thursday, 26 December 2013 | | Disqus
Gold jumped up to $1215.44 at about 9:30AM EST before it drifted back lower into the close, but it still ended with a gain of 0.51%. Silver surged to as high as $20.033 and ended with a gain of 1.33%.
Euro gold rose to about €884, platinum gained $24 to $1355, and copper climbed a couple of cents to about $3.42.
Gold and silver equities saw about 2% gains about a half hour into trade before they fell back to unchanged by midday, but they then edged back higher in the last couple of hours of trade and ended with modest gains.
There are no major economic reports due out tomorrow.
Charts Courtesy of http://finance.yahoo.com/
Oil ended slightly higher as the U.S. dollar index edged lower in quiet holiday trade.
Treasuries fell as the Dow, Nasdaq, and S&P climbed higher on better than expected jobs data and weakness in the yen.
Yen Weakens to Five-Year Low on Policy Outlook; Lira Declines Bloomberg
Among the big names making news in the market today were Volkswagen, Batista, and Amazon.
Gold becoming scarce in Mexico too
Minor blemishes aside, gold shone for Indians in 2013
After a year, Bundesbank repatriates only 37 of 700 tonnes of gold
Activity from: 12/24/2013
Gold Warehouse Stocks:
Silver Warehouse Stocks:
Global Gold ETF Holdings
[WGC Sponsored ETF’s]
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
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra)
Gold Bullion Securities
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) AND NYSE Euronext Amsterdam
ETFS Physical Gold
Australian Stock Exchange (ASX)
Gold Bullion Securities
Johannesburg Securities Exchange (JSE)
New Gold Debentures
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 164.22: -1.14 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,009.54: -130.24 change from yesterday’s data.
Gold Resource’s (GORO) dividend was the only big story in the gold and silver mining industry making headlines today.
AAU +5.50% $1.15
ASM +5.41% $1.17
3. Rio Alto
RIOM +4.00% $1.56
1. Northern Dynasty
NAK -9.77% $1.20
2. Gold Resource
3. Tanzanian Royalty
TRX -2.17% $1.80
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 Thursday, 26 December 2013 | Digg This Article | Source: GoldSeek.com