-- Published: Tuesday, 13 October 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1168.10 | +$5.70 |
Silver | $15.90 | +$0.05 |
XAU | 54.05 | +0.20% |
HUI | 129.08 | +0.39% |
GDM | 435.66 | -0.39% |
JSE Gold | 1118.58 | -0.50 |
USD | 94.74 | -0.10 |
Euro | 113.86 | +0.25 |
Yen | 83.50 | +0.18 |
Oil | $46.66 | -$0.44 |
10-Year | 2.055% | -0.035 |
T-Bond | 158.03125 | +0.21875 |
Dow | 17081.89 | -0.29% |
Nasdaq | 4796.60 | -0.87% |
S&P | 2003.69 | -0.68% |
The Metals:
Gold fell $10.21 to $1152.19 in London, but it then climbed higher throughout most of trade in New York and ended with a gain of 0.49%. Silver rose to as high as $15.991 and ended with a gain of 0.32%.
Euro gold rose to about €1026, platinum lost $7 to $986, and coper fell a few cents to about $2.39.
Gold and silver equities rose about 2% by early afternoon in New York before they fell back off in the last couple of hours of trade, but they still ended near unchanged on the day.
The Economy:
Fed's Bullard says length of expansion does not mean recession is near Reuters
Tomorrow brings PPI, Retail Sales, Business Inventories, and the fed’s Beige Book.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell almost 1% after the “IEA said the world oil market would remain oversupplied for at least another year despite falls in output from non-OPEC producers.”
The U.S. dollar index traded mostly slightly lower and treasuries climbed higher again on waning expectations for an interest rate hike from the fed anytime soon.
The Dow, Nasdaq, and S&P traded mostly lower on falling Chinese exports and mixed earnings reports.
Among the big names making news in the market today were Wells Fargo, Volkswagen, J&J, Citigroup, Deutsche Bank, UBS, AB InBev, and Twitter.
GATA Posts:
CME permanently bans 3 traders for spoofing, other violations
The Statistics:
As of close of business: 10/12/2015
Gold Warehouse Stocks: | 6,671,919.559 | -4,033.874 |
Silver Warehouse Stocks: | 162,570,117.619 | -99,917.442 |
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 | 687.196 | 22,094,038 | US$25,740m |
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$5,179m |
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$5,721m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$418m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 27.80 | 893,937 | US$999m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 160.62: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,802.33: No change from yesterday’s data.
The Miners:
Centerra’s (CG.TO) CEO appointment, Banro’s (BAA) third quarter production results, and Avino’s (ASM) third quarter production results were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Richmont | RIC +5.84% $3.08 |
2. Fortuna | FSM +5.08% $2.69 |
3. First Majestic | AG +4.85% $3.89 |
LOSERS
1. Gold Resource | GORO-3.12% $2.79 |
2. Nevsun | NSU -2.79% $3.14 |
3. AngloGold | AU -2.74% $9.22 |
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 October 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Gain While Stocks Fall
