-- Published: Monday, 12 January 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1233.80 | +$13.30 |
Silver | $16.57 | +$0.11 |
XAU | 79.03 | +3.75% |
HUI | 194.56 | +4.31% |
GDM | 595.75 | +3.91% |
JSE Gold | 1420.05 | +95.45 |
USD | 92.00 | +0.08 |
Euro | 118.35 | -0.08 |
Yen | 84.49 | +0.13 |
Oil | $46.07 | -$2.29 |
10-Year | 1.912% | -0.059 |
Bond | 148.34375 | +0.8125 |
Dow | 17640.84 | -0.54% |
Nasdaq | 4664.70 | -0.84% |
S&P | 2028.26 | -0.81% |
The Metals:
Gold rose almost 1% to $1230.45 in Asia before it fell back to about unchanged in London, but it then climbed to a new session high of $1235.86 in New York and ended with a gain of 1.09%. Silver rose to as high as $16.662 in early Asian trade before it also chopped back lower in London, but it still ended with a gain of 0.67%.
Euro gold rose to about €1042, platinum gained $11 to $1239, and copper fell a few cents to about $2.73.
Gold and silver equities rose about 4% by early afternoon and remained near the level for the rest of the day.
The Economy:
There were no major economic reports today. Tomorrow brings the Treasury Budget.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell almost 5% more after Goldman Sachs cut its crude outlook.
The U.S. dollar saw slight gains as the euro remained weak amid speculation of more stimulus measures by the ECB.
Treasuries rose as the Dow, Nasdaq, and S&P dropped as much as 1% on uncertainty about upcoming earnings reports.
Among the big names making news in the market today were Dollar Tree, GM, Shire and NPS, Amerisource and MWI, and Lululemon.
GATA Posts:
Bron Suchecki: Why Asian gold exchanges haven't cracked the London market
Saxo Bank economist admits central banks trade gold but sees no manipulation
Koos Jansen: We can't pretend forever gold is worth $42.22 per ounce
Money Metals interview covers gold and commodity price rigging and journalism's failure
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: 1/9/2015
Gold Warehouse Stocks: | 7,948,562.831 | - |
Silver Warehouse Stocks: | 174,183,794.174 | +592,243.82 |
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 | 707.821 | 22,757,138 | US$27,895m |
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$5,447m |
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$443m |
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 2.988 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 162.29: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,201.29: -59.56 change from yesterday’s data.
The Miners:
Buenaventura’s (BVN) preliminary 4Q14 and 2014 operating results, Nevsun’s (NSU) 2014 production results, Rio Alto’s (RIOM) 2014 production results, Golden Star’s (GSS) 2014 production results, Gold Resource’s (GORO) drill results, Avino’s (ASM) 2014 production results, and Endeavour Silver’s (EXK) 2014 production results were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Allied Nevada | ANV +13.33% $1.19 |
2. Harmony | HMY +10.85% $2.86 |
3. Endeavour Silver | EXK +9.17% $2.62 |
LOSERS
1. Nevsun | NSU -3.14% $3.83 |
2. Freeport | FCX -1.63% $23.07 |
3. Tahoe | TAHO-1.05% $14.64 |
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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© Gold Seeker 2015
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-- Published: Monday, 12 January 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Gain About 1%
