-- Published: Wednesday, 4 November 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1107.50 | -$10.20 |
Silver | $15.09 | -$0.20 |
XAU | 50.48 | -2.62% |
HUI | 119.38 | -2.97% |
GDM | 405.71 | -1.98% |
JSE Gold | 1045.39 | -1.37 |
USD | 97.94 | +0.78 |
Euro | 108.61 | -1.01 |
Yen | 82.28 | -0.30 |
Oil | $46.32 | -$1.58 |
10-Year | 2.230% | +0.010 |
T-Bond | 154.75 | +0.125 |
Dow | 17867.58 | -0.28% |
Nasdaq | 5142.47 | -0.05% |
S&P | 2102.31 | -0.35% |
The Metals:
Gold fell $11 to $1106.70 in early afternoon New York trade before it bounced back higher in the last couple of hours of the day, but it still ended with a loss of 0.91%. Silver slipped to as low as $15.08 and ended with a loss of 1.31%.
Euro gold remained at about €1020, platinum lost $8 to $953, and copper fell a couple of cents to about $2.32.
Gold and silver equities fell throughout most of trade and ended with about 2% losses.
The Economy:
Report | For | Reading | Expected | Previous |
Trade Balance | Sep | -$40.8B | -$43.0B | -$48.0B |
ADP Employment | Oct | 182K | 180K | 190K |
ISM Services | Oct | 59.1 | 56.6 | 56.9 |
Yellen says banks stronger, but management faults remain Reuters
Congress may have blown its last chance to fix the national debt MarketWatch
Tomorrow brings Initial Jobless Claims, Productivity, and Unit Labor Costs.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell over 3% on rising inventories.
The U.S. dollar index rose and treasuries saw slight losses along with the Dow, Nasdaq, and S&P on decent economic data that raised concerns about rising interest rates.
Among the big names making news in the market today were Time Warner, Avon, Groupon, VW, and Bitcoin.
GATA Posts:
India launches gold monetization scheme, response seen muted
The Statistics:
As of close of business: 11/3/2015
Gold Warehouse Stocks: | 6,697,143.586 | +356.474 |
Silver Warehouse Stocks: | 163,524,509.650 | -46,817.606 |
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 | 686.304 | 22,065,375 | US$24,586m |
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$4,944m |
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$5,465m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$397m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 27.80 | 893,937 | US$999m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 2.978 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 160.30: -0.70 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,756.57: -4.24 change from yesterday’s data.
The Miners:
Eurasian’s (EMXX) Financial Advisory Agreement and award, Gold Standard’s (GSV) dill results, Tahoe’s (TAHO) dividend, and Hecla’s (HL) third quarter results were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Hecla | HL +2.82% $2.19 |
2. Sandstorm | SAND +2.60% $2.76 |
LOSERS
1. Gold Resource | GORO-7.92% $2.44 |
2. AngloGold | AU -7.22% $7.84 |
3. IAMGOLD | IAG -6.86% $1.63 |
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: Wednesday, 4 November 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Fall About 1% Again
