-- Published: Tuesday, 18 November 2014 | Print | Disqus
| Close | Gain/Loss |
Gold | $1196.80 | +$10.40 |
Silver | $16.22 | +$0.06 |
XAU | 75.09 | +4.38% |
HUI | 180.96 | +5.33% |
GDM | 559.86 | +4.74% |
JSE Gold | 1102.93 | +65.01 |
USD | 87.58 | -0.35 |
Euro | 125.37 | +0.86 |
Yen | 85.56 | -0.17 |
Oil | $74.30 | -$1.34 |
10-Year | 2.322% | -0.018 |
Bond | 141.65625 | +0.28125 |
Dow | 17687.82 | +0.23% |
Nasdaq | 4702.44 | +0.67% |
S&P | 2051.8 | +0.51% |
The Metals:
Gold climbed $18.13 to $1204.53 by a little after 5AM EST before it chopped back lower at times, but it still ended with a gain of 0.88%. Silver surged to as high as $16.417 and ended with a gain of 0.37%.
Euro gold rose to about €955, platinum gained $4 to $1202, and copper fell 4 cents to about $3.00.
Gold and silver equities rose throughout most of trade and ended with about 5% gains.
The Economy:
Report | For | Reading | Expected | Previous |
PPI | Oct | 0.2% | -0.2% | -0.1% |
Core PPI | Oct | 0.4% | 0.1% | 0.0% |
NAHB Housing Market Index | Nov | 58 | 55 | 54 |
Net Long-Term TIC Flows | Sep | $164.3B | - | $52.1B |
Fed Dual Mandates Clash as Jobless Drop Vies With Inflation Bloomberg
Tomorrow brings Housing Starts, Building Permits, and FOMC Minutes.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell on uncertainty about OPEC production ahead of next week’s policy meeting.
The U.S. dollar fell as the euro rose on a better than expected survey of German sentiment.
Treasuries rose on tame inflation data.
The Dow, Nasdaq, and S&P found decent gains on optimism about earnings and deal making.
Among the big names making news in the market today were and Nokia, Sony, Ford, Home Depot, Actavis, Blackstone, AT&T, Carnival, and SunEdison, TerraForm, and First Wind.
GATA Posts:
One way or another, Ukraine's gold reserves have gone away
Platinum miners realize that their metal is money
Lending gold pays record high as 400-oz bars are lost to insatiable Asian demand
Exchange Stabilization Fund, BIS may have to start shorting cocoa
The Statistics:
Activity from: 11/17/2014
Gold Warehouse Stocks: | 8,205,757.846 | +417.95 |
Silver Warehouse Stocks: | 178,005,327.121 | +289,971.45 |
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 | 723.007 | 23,245,390 | US$27,716m |
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$5,301m |
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$429m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 38.40 | 1,234,459 | US$1,506m |
Note: Change in Total Tonnes from yesterday’s data: SPDR added 2.392 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 160.12: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,789.82: No change from yesterday’s data.
The Miners:
WINNERS
1. McEwen | MUX +20.71% $1.64 |
2. Allied Nevada | ANV +19.76% $2.04 |
3. Primero | PPP +12.76% $4.42 |
LOSERS
1. Avino | ASM -3.36% $1.44 |
2. Fortuna | FSM -0.87% $4.56 |
3. Freeport | FCX -0.81% $28.19 |
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: Tuesday, 18 November 2014 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Gain With Stocks
