-- Published: Wednesday, 31 December 2014 | Print | Disqus
| Close | Gain/Loss |
Gold | $1182.60 | -$16.20 |
Silver | $15.69 | -$0.58 |
XAU | 68.78 | -0.39% |
HUI | 164.03 | -0.37% |
GDM | 512.26 | -0.15% |
JSE Gold | 1144.92 | -3.44 |
USD | 90.27 | +0.31 |
Euro | 121.01 | -0.56 |
Yen | 83.47 | -0.23 |
Oil | $53.27 | -$0.85 |
10-Year | 2.170% | -0.020 |
Bond | 144.53125 | +0.25 |
Dow | 17823.07 | -0.89% |
Nasdaq | 4736.05 | -0.87% |
S&P | 2058.90 | -1.03% |
The Metals:
Gold dropped down to $1180.49 at about 2PM EST before it bounced back higher in the last couple of hours of trade, but it still ended with a loss of 1.35%. Silver slipped to as low as $15.556 and ended with a loss of 3.57%.
Euro gold fell to about €977, platinum lost $10 to $1204, and copper fell a few cents to about $2.83.
Gold and silver equities saw slight losses for most of the morning, but they then edged back higher in afternoon trade and ended near unchanged on the day.
The Economy:
Fed forecasting tool calls for immediate rate hike, Plosser says Reuters
Fed should heed market view of deflation risk: Minneapolis Fed chief Reuters
Jobless Claims in U.S. Increased More Than Forecast Last Week Bloomberg
U.S. pending home sales rise modestly in November Reuters
Tomorrow is closed for New Year’s Day.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell after the Energy Information Association reported that crude inventories fell 1.75 million barrels and gasoline inventories rose 2.95 million barrels.
The U.S. dollar capped off its best year since 2005 with a modest gain.
Treasuries rose as the Dow, Nasdaq, and S&P erased early gains and ended about 1% lower on worries about the oil market.
Among the big names making news in the market today were Boeing, Ambac, Sony, Apple, and Morgan Stanley.
The Statistics:
Activity from: 12/30/2014
Gold Warehouse Stocks: | 7,895,147.311 | -160.75 |
Silver Warehouse Stocks: | 175,536,899.737 | +65,797.486 |
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 | 710.808 | 22,853,194 | US$27,394m |
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$5,320m |
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$425m |
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 subtracted 1.494 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 161.73: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,250.59: No change from yesterday’s data.
The Miners:
WINNERS
1. MAG Silver | MVG +10.43% $8.15 |
2. Pretivm | PVG +4.51% $5.79 |
3. Turquoise | TRQ +2.99% $3.10 |
LOSERS
1. Avino | ASM -4.55% $1.26 |
2. DRDGOLD | DRD -3.13% $1.54 |
3. McEwen | MUX -2.63% $1.11 |
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: Wednesday, 31 December 2014 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Fall Over 1% and 3%
