-- Published: Thursday, 13 February 2014 | Print | Disqus
| Close | Gain/Loss |
Gold | $1301.70 | +$10.80 |
Silver | $20.51 | +$0.31 |
XAU | 99.56 | +3.76% |
HUI | 236.87 | +3.73% |
GDM | 715.92 | +3.76% |
JSE Gold | 1432.34 | -18.99 |
USD | 80.29 | -0.40 |
Euro | 136.79 | +0.84 |
Yen | 97.85 | +0.30 |
Oil | $100.35 | -$0.02 |
10-Year | 2.736% | -0.027 |
Bond | 133.03125 | +0.78125 |
Dow | 16027.59 | +0.40% |
Nasdaq | 4240.67 | +0.94% |
S&P | 1829.83 | +0.58% |
The Metals:
Gold edged down to $1286.47 in late Asian trade, but it then climbed to a high as $1302.58 in New York and ended with a gain of 0.84%. Silver rose to as high as $20.528 and ended with a gain of 1.53%.
Euro gold climbed to over €951, platinum gained $11 to $1414, and copper fell slightly to about $3.25.
Gold and silver equities rose throughout most of trade and ended with over 3.7% gains.
The Economy:
Report | For | Reading | Expected | Previous |
Initial Claims | 2/08 | 339K | 335K | 331K |
Retail Sales | Jan | -0.4% | 0.0% | -0.1% |
Retail Sales ex-auto | Jan | 0.0% | 0.1% | 0.3% |
Business Inventories | Dec | 0.5% | 0.4% | 0.4% |
U.S. 30-Year Mortgage Rates Increase to 4.28% Bloomberg
Tomorrow brings Export and Import Prices, Industrial Production, Capacity Utilization, and Michigan Sentiment.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil closed barely lower in mixed trade.
The U.S. dollar index fell on poor economic data that sent treasuries higher.
The Dow, Nasdaq, and S&P reversed early losses and ended with decent gains on earnings reports and a big takeover deal.
Among the big names making news in the market today were Avon, PepsiCo, Starwood Hotels, GM, and Comcast and Time Warner.
GATA Posts:
New York Sun: Yellen and DeGaulle
Koos Jansen: China's gold demand keeps growing, at record in January
The Statistics:
Activity from: 2/12/2014
Gold Warehouse Stocks: | 7,123,520.243 | +20,125.298 |
Silver Warehouse Stocks: | 158,639,944.251 | -1,384,755.675 |
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 | 798.852 | 25,683,897 | US$33,269m |
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$5,765m |
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$466m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 41.25 | 1,326,273 | US$1,676m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 163.63: +0.45 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,090.68: No change from yesterday’s data.
The Miners:
Goldcorp’s (GG) fourth quarter gold production, Barrick’s (ABX) fourth quarter results, Gold Fields’s (GFI) quarterly results, Turquoise Hill’s 9TRQ) lower than expected sales volume, and Impact Silver’s (IPT.V) operational changes were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Tanzanian Royalty | TRX +16.06% $2.53 |
2. McEwen | MUX +12.03% $2.98 |
3. Alexco | AXU +10.67% $1.97 |
LOSERS
1. Turquoise | TRQ -6.73% $3.19 |
2. Richmont | RIC -3.47% $1.67 |
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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-- Published: Thursday, 13 February 2014 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Gain About 1%
