-- Published: Tuesday, 13 January 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1230.40 | -$3.40 |
Silver | $17.01 | +$0.44 |
XAU | 75.26 | -4.72% |
HUI | 185.16 | -5.05% |
GDM | 574.89 | -3.92% |
JSE Gold | 1443.52 | +23.47 |
USD | 92.26 | +0.26 |
Euro | 117.73 | -0.60 |
Yen | 84.84 | +0.33 |
Oil | $45.89 | -$0.18 |
10-Year | 1.890% | -0.022 |
Bond | 148.3125 | -0.125 |
Dow | 17613.68 | -0.15% |
Nasdaq | 4661.49 | -0.07% |
S&P | 2023.03 | -0.26% |
The Metals:
Gold climbed $10.22 to $1244.02 in Asia before it chopped back lower in London and New York, but it ended with a loss of just 0.28%. Silver rose to as high as $17.187 and ended with a gain of 2.66%.
Euro gold rose to about €1045, platinum lost $5 to $1234, and copper dropped 12 cents to about $2.61.
Gold and silver equities fell throughout most of trade and ended with as much as 5% losses.
The Economy:
Report | For | Reading | Expected | Previous |
Treasury Budget | Dec | $1.9B | $3.0B | $53.2B |
Job Openings in U.S. Rise to Highest Level in Almost 14 Years Bloomberg
U.S. NFIB business confidence at eight-year high, wages rising Reuters
Tomorrow brings Retail Sales, Import and Export Prices, Business Inventories, and the fed’s Beige Book.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil ended with a slight loss on comments from the UAE that OPEC will maintain current production levels.
The U.S. dollar saw slight gains as the euro remained weak amid speculation of more stimulus measures by the ECB.
Treasuries traded mixed as the Dow, Nasdaq, and S&P erased notable early gains and ended modestly lower on uncertainty about earnings.
Among the big names making news in the market today were Citigroup, MetLife, Boeing, and Ford.
GATA Posts:
UAE says OPEC price cut aims to suppress North American shale oil production
The Statistics:
Activity from: 1/12/2015
Gold Warehouse Stocks: | 7,948,562.831 | - |
Silver Warehouse Stocks: | 173,363,315.324 | -820,478.85 |
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$28,008m |
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$5,498m |
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$442m |
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: 162.62: +0.33 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,201.29: No change from yesterday’s data.
The Miners:
Aurcana’s (AUN.V) production results and First Majestic’s (AG) production results were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. DRDGOLD | DRD +3.70% $1.96 |
2. Allied Nevada | ANV +0.84% $1.20 |
3. Silver Standard | SSRI +0.16% $6.30 |
LOSERS
1. Yamana | AUY -13.53% $4.13 |
2. Primero | PPP -9.67% $4.11 |
3. Richmont | RIC -8.10% $3.29 |
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, 13 January 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold Slips While Silver Surges Nearly 3%
