-- Published: Tuesday, 27 January 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1294.70 | +$14.30 |
Silver | $18.09 | +$0.20 |
XAU | 82.12 | +3.02% |
HUI | 205.06 | +3.77% |
GDM | 629.92 | +3.16% |
JSE Gold | 1485.91 | +83.88 |
USD | 94.02 | -0.81 |
Euro | 113.76 | +1.33 |
Yen | 84.84 | +0.42 |
Oil | $46.23 | +$1.08 |
10-Year | 1.825% | -0.003 |
Bond | 149.6875 | +0.09375 |
Dow | 17387.21 | -1.65% |
Nasdaq | 4681.49 | -1.89% |
S&P | 2029.55 | -1.34% |
The Metals:
Gold climbed $17.13 to $1297.53 at about 10:45AM EST before it drifted back lower into midday, but it still ended with a gain of 1.12%. Silver surged to as high as $18.196 and ended with a gain of 1.12%.
Euro gold rose to about €1138, platinum gained $12 to $1260, and coper dropped 8 cents to about $2.46.
Gold and silver equities rose over 3% by midafternoon and remained near that level for the rest of the day.
The Economy:
Report | For | Reading | Expected | Previous |
Durable Goods | Dec | -3.4% | 0.5% | -2.1% |
Durable Goods -ex trans. | Dec | -0.8% | 0.7% | -1.3% |
Case-Shiller 20-city Index | Nov | 4.3% | 4.3% | 4.5% |
Consumer Confidence | Jan | 102.9 | 96.0 | 93.1 |
New Home Sales | Dec | 481K | 450K | 431K |
Tomorrow at 2PM EST brings a FOMC Rate Decision.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil rose as the U.S. dollar fell on poor economic data and weak earnings reports that sent treasuries higher and the Dow, Nasdaq, and S&P markedly lower.
Among the big names making news in the market today were Caterpillar, Pfizer, P&G, DuPont, and 3M.
GATA Posts:
Russia buys gold for ninth month, but IMF was wrong about purchase by Netherlands
The Statistics:
Activity from: 1/26/2015
Gold Warehouse Stocks: | 7,968,009.301 | - |
Silver Warehouse Stocks: | 177,654,064.774 | +663,940.08 |
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 | 743.438 | 23,902,264 | US$30,786m |
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$5,745m |
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$463m |
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 1.792 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 167.54: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,931.80: No change from yesterday’s data.
The Miners:
Lake Shore’s (LSG) drill results, Freeport’s (FCX) fourth quarter loss, Randgold’s (GOLD) mine development, Sandstorm’s (SAND) additional royalty agreements, Timberline’s (TLR) authorization, Gold Resource’s (GORO) drill results, Santacruz Silver’s (SCZ.V) tailing discharge update, Great Panther’s (GPL) drill results, and Excellon’s (EXN.TO) management changes were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Comstock | LODE +8.91% $1.10 |
2. Allied Nevada | ANV +8.04% $1.21 |
3. Pretivm | PVG +7.04% $6.99 |
LOSERS
1. Avino | ASM -6.59% $1.56 |
2. Freeport | FCX -6.03% $18.38 |
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, 27 January 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Gain With Oil While Stocks and Dollar Fall
