-- Published: Friday, 9 January 2015 | Print | Disqus
| Close | Gain/Loss | On Week |
Gold | $1220.50 | +$13.20 | +2.78% |
Silver | $16.46 | +$0.15 | +4.24% |
XAU | 75.48 | +3.89% | +7.41% |
HUI | 185.36 | +4.97% | +10.46% |
GDM | 570.81 | +4.31% | +8.87% |
JSE Gold | 1324.60 | +2.76 | +17.77% |
USD | 91.92 | -0.41 | +0.88% |
Euro | 118.42 | +0.49 | -1.36% |
Yen | 84.35 | +0.81 | +1.61% |
Oil | $48.36 | -$0.43 | -8.22% |
10-Year | 1.971% | -0.045 | -7.16% |
Bond | 147.5625 | +0.65625 | +1.42% |
Dow | 17737.37 | -0.95% | -0.54% |
Nasdaq | 4704.06 | -0.68% | -0.48% |
S&P | 2044.81 | -0.84% | -0.65% |
The Metals:
Gold climbed to as high as $1221.37 by early afternoon in New York and ended with a gain of 1.09%. Silver rose to as high as $16.565 and ended with a gain of 0.92%.
Euro gold rose to about €1031, platinum gained $14 to $1228, and copper fell slightly to about $$2.76.
Gold and silver equities gained about 4% in the first hour of trade and remained near that level for the rest of the day.
The Economy:
Report | For | Reading | Expected | Previous |
Nonfarm Payrolls | Dec | 252K | 245K | 353K |
Unemployment Rate | Dec | 5.6% | 5.7% | 5.8% |
Hourly Earnings | Dec | -0.2% | 0.2% | 0.2% |
Average Workweek | Dec | 34.6 | 34.6 | 34.6 |
Wholesale Inventories | Dec | 0.8% | 0.3% | 0.6% |
The BLS net birth/death adjustment subtracted 20,000 payrolls from December’s data. Private Payrolls rose 240,000.
Low wages, inflation should keep Fed on hold, doves say Reuters
All of this week’s other economic reports:
Next week’s economic highlights include the Treasury Budget on Tuesday, Retail Sales, Import and Export Prices, Business Inventories, and the fed’s Beige Book on Wednesday, Initial Jobless Claims, PPI, Empire Manufacturing, and the Philadelphia Fed on Thursday, and CPI, Industrial Production, Capacity Utilization, Michigan Sentiment, and Net Long-Term TIC Flows on Friday.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell along with the U.S. dollar index on renewed worries about global growth that sent treasuries higher and the Dow, Nasdaq, and S&P lower.
Among the big names making news in the market Friday were Santander, JPMorgan, Encore, and Caesars.
GATA Posts:
ECB weighs 500 billion euros in bond purchases to juice economy
Koos Jansen: Chinese lunar new year gold buying frenzy begins
The Statistics:
Activity from: 1/8/2015
Gold Warehouse Stocks: | 7,948,562.831 | - |
Silver Warehouse Stocks: | 173,591,550.354 | -730,754.321 |
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 | 704.833 | 22,661,089 | US$27,580m |
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$5,400m |
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$437m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 38.40 | 1,234,459 | US$1,506m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 162.29: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,260.85: +44.67 change from yesterday’s data.
The Miners:
WINNERS
1. Harmony | HMY +9.36% $2.58 |
2. Buenaventura | BVN +7.49% $11.06 |
3. Paramount | PZG +7.27% $1.18 |
LOSERS
1. Gold Resource | GORO-3.09% $3.45 |
2. IAMGOLD | IAG -1.01% $2.95 |
3. Turquoise | TRQ -0.66% $3.00 |
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: Friday, 9 January 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Weekly Wrap-Up: Gold and Silver Gain About 3% and 4% on the Week
