-- Published: Monday, 19 May 2014 | Print | Disqus
| Close | Gain/Loss |
Gold | $1293.60 | +$0.50 |
Silver | $19.39 | +$0.03 |
XAU | 89.10 | +0.27% |
HUI | 217.57 | +0.13% |
GDM | 649.89 | +0.02% |
JSE Gold | 1479.66 | +6.27 |
USD | 80.01 | -0.03 |
Euro | 137.10 | +0.18 |
Yen | 98.62 | +0.09 |
Oil | $102.61 | +$0.59 |
10-Year | 2.536% | +0.018 |
Bond | 136.84375 | -0.59375 |
Dow | 16511.86 | +0.12% |
Nasdaq | 4125.81 | +0.86% |
S&P | 1885.08 | +0.38% |
The Metals:
Gold climbed $12.03 to $1305.13 at about 8:30AM EST, but it then fell back off for most of the rest of trade and ended near its last minute low of $1292.59 with a gain of just 0.04%. Silver slipped to as low as $19.338 and ended with a gain of just 0.15%.
Euro gold remained at about €944, platinum gained $4 to $1465, and copper climbed a couple of cents to about $3.16.
Gold and silver equities waffled near unchanged and ended with slight gains.
The Economy:
Fischer, Brainard to push for more activist Fed Reuters
There were no major economic reports today, and there are none due out tomorrow.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil found decent gains on geopolitical concerns and expectations for supply declines in this week’s inventory report.
The U.S. dollar index fell on dovish fed-speak.
Treasuries saw slight losses as the Dow, Nasdaq, and S&P traded mostly higher on deal-making talk.
Among the big names making news in the market today were GlaxoSmithKline, AstraZeneca and Pfizer, Blackstone, and AT&T and DirecTV.
GATA Posts:
Conspiracy fact: Euopean central banks again admit, renew secret scheming on gold
Jesse's Cafe Americain: How long can Phase II of the gold pool be sustained?
Koos Jansen: Chinese real estate debt is being settled in silver
The Statistics:
Activity from: 5/16/2014
Gold Warehouse Stocks: | 8,064,855.013 | +4,149.62 |
Silver Warehouse Stocks: | 175,935,872.838 | +241,028.77 |
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 | 781.985 | 25,141,596 | US$32,724m |
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$5,767m |
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 | 40.85 | 1,313,469 | US$1,709m |
Note: Change in Total Tonnes from yesterday’s data: SPDR added 0.268 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 164.02: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,320.26: No change from yesterday’s data.
The Miners:
Midway’s (MDW) selected mining contractor and AngloGold’s (AU) first quarter production results were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Gold Resource | GORO +4.88% $4.51 |
2. Pretivm | PVG +3.45% $7.49 |
3. Rubicon | RBY +2.75% $1.12 |
LOSERS
1. SilverCrest | SVLC -6.77% $1.61 |
2. Paramount | PZG -2.91% $1.00 |
3. Great Panther | GPL -2.83% $1.03 |
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
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-- Published: Monday, 19 May 2014 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver End Slightly Higher
