-- Published: Tuesday, 20 January 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1292.70 | +$17.20 |
Silver | $17.93 | +$0.24 |
XAU | 81.93 | +3.21% |
HUI | 205.28 | +3.40% |
GDM | 626.62 | +3.20% |
JSE Gold | 1533.69 | +33.50 |
USD | 92.99 | +0.37 |
Euro | 115.56 | -0.05 |
Yen | 84.22 | -0.80 |
Oil | $46.39 | -$2.30 |
10-Year | 1.807% | -0.008 |
Bond | 150.15625 | +0.3125 |
Dow | 17515.23 | +0.02% |
Nasdaq | 4654.84 | +0.44% |
S&P | 2022.55 | +0.15% |
The Metals:
Gold waffled between $1278.72 and $1272.45 in holiday thinned trade yesterday before it climbed to as high as $1294.07 in late Asian trade today and then pared back a bit in London, but it then rose to a new session high of $1296.98 in New York and ended with a gain of 1.35%. Silver surged to as high as $18.017 and ended with a gain of 1.36%.
Euro gold rose to about €1119, platinum gained $16 to $1279, and copper fell 4 cents to about $2.59.
Gold and silver equities rose about 4% by midday before they fell back off a bit in early afternoon trade, but they still ended with over 3% gains.
The Economy:
Report | For | Reading | Expected | Previous |
NAHB Housing Market Index | Jan | 57 | 58 | 58 |
Tomorrow brings Housing Starts and Building Permits.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell nearly 5% on worries about a slowing global economy.
The U.S. dollar rose as the yen fell after China reported that its economy grew at a slightly less than expected 7.4% in 2014.
Treasuries found slight gains as the Dow, Nasdaq, and S&P traded mixed on uncertainty about central bank moves.
Among the big names making news in the market today were GM, Morgan Stanley, FXCM, Delta, Express, and Johnson & Johnson.
GATA Posts:
New York Sun: Outright money?
Swiss franc fallout claims more casualties
The Statistics:
Activity from: 1/16/2015
Gold Warehouse Stocks: | 7,948,530.681 | - |
Silver Warehouse Stocks: | 175,067,063.604 | +363,350.47 |
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 | 730.892 | 23,498,906 | US$30,274m |
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$5,759m |
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$464m |
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 13.741 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 163.62: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,108.97: No change from yesterday’s data.
The Miners:
Kinross Gold’s (KGC) exchange offer, Primero’s (PPP) preliminary fourth quarter and full-year 2014 operating results, B2Gold’s (BTG) updated gold mineral resource estimate, Kirkland’s (KGI.TO) drilling update, Tahoe’s (TAHO) silver production, Paramount’s (PZG) drill results, and Alexco’s (AXU) drill results were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. DRDGOLD | DRD +26.18% $2.67 |
2. Timmins | TGD +11.71% $1.24 |
3. Rubicon | RBY +11.21% $1.29 |
LOSERS
1. Comstock | LODE -4.99% $1.05 |
2. Nevsun | NSU -3.53% $3.55 |
3. Gold Fields | GFI -0.17% $5.72 |
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, 20 January 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Gain Over 1%
