-- Published: Monday, 11 August 2014 | Print | Disqus
| Close | Gain/Loss |
Gold | $1309.10 | -$2.30 |
Silver | $20.04 | +$0.07 |
XAU | 102.55 | +1.15% |
HUI | 244.33 | +0.74% |
GDM | 745.22 | +0.60% |
JSE Gold | 1558.92 | +17.48 |
USD | 81.45 | +0.06 |
Euro | 133.85 | -0.21 |
Yen | 97.87 | -0.14 |
Oil | $98.01 | +$0.36 |
10-Year | 2.420% | +0.005 |
Bond | 139.3125 | -0.09375 |
Dow | 16569.98 | +0.10% |
Nasdaq | 4401.33 | +0.70% |
S&P | 1936.92 | +0.28% |
The Metals:
Gold fell $5.91 to $1305.49 in Asia before it bounced back to $1311.30 in London and then chopped back lower in morning New York trade, but it then edged back higher in the last four hours of the day and ended with a loss of just 0.78%. Silver slipped to as low as $19.849 in Asia, but it then rose to as high as $20.103 in New York and ended with a gain of 0.35%.
Euro gold rose to about €978, platinum lost $6 to $1467, and copper remained at about $3.18.
Gold and silver equities traded mostly slightly higher and ended with about 1% gains.
The Economy:
There were no major economic reports today. Tomorrow brings JOLTS - Job Openings data and the Treasury Budget.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil remained firm on geopolitical and supply concerns in Iraq.
The U.S. dollar saw slight gains and treasuries edged lower as the Dow, Nasdaq, and S&P rose on relative calm in Ukraine.
Among the big names making news in the market today were Amazon, Chiquita, Dean Foods, Kinder Morgan, and Priceline.
GATA Posts:
TF Metals Report: Assessing another bank participation report
'China's Second Continent' describes the new colonization of Africa
Koos Jansen: Chinese gold demand 1,094 tonnes this year; silver premium at record
Money printing, Ukraine, disease make Sprott wary of stocks and bonds
The Statistics:
Activity from: 8/08/2014
Gold Warehouse Stocks: | 9,515,688.213 | +388,819.15 |
Silver Warehouse Stocks: | 175,262,320.154 | -58,520.51 |
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 | 795.859 | 25,587,648 | US$33,430m |
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$5,808m |
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$469m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 41.89 | 1,346,780 | US$1,744m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 1.795 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 165.93: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,101.29: No change from yesterday’s data.
The Miners:
Goldcorp’s (GG) dividend, AngloGold’s (AU) second quarter results, Kirkland’s (KGI.TO) first quarter production results, SilverCrest’s (SVLC) completed mill commissioning, and Revett’s (RVM) second quarter results were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Richmont | RIC+16.28% $2.50 |
2. Gold Resource | GORO +5.74% $6.08 |
3. Coeur | CDE +5.40% $8.35 |
LOSERS
1. Paramount | PZG -2.91% $1.00 |
2. Primero | PPP -1.22% $7.12 |
3. Eldorado | EGO -1.22% $8.10 |
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, 11 August 2014 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver End Mixed and Near Unchanged
