-- Published: Thursday, 5 November 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1103.50 | -$4.00 |
Silver | $15.00 | -$0.09 |
XAU | 48.26 | -4.40% |
HUI | 114.35 | -4.21% |
GDM | 389.53 | -4.00% |
JSE Gold | 984.80 | -60.59 |
USD | 98.01 | +0.07 |
Euro | 108.79 | +0.12 |
Yen | 82.14 | -0.11 |
Oil | $45.20 | -$1.12 |
10-Year | 2.245% | +0.015 |
T-Bond | 154.28125 | -0.40625 |
Dow | 17863.43 | -0.02% |
Nasdaq | 5127.73 | -0.29% |
S&P | 2099.93 | -0.11% |
The Metals:
Gold saw slight gains in Asia, but it then chopped back lower in New York and ended with a loss of 0.36%. Silver slipped to as low as $14.943 and ended with a loss of 0.6%.
Euro gold fell to about €1015, platinum lost $7 to $946, and copper fell 6 cents to about $2.26.
Gold and silver equities fell about 4% in the first 45 minutes of trade and remained near that level for the rest of the day.
The Economy:
Report | For | Reading | Expected | Previous |
Productivity | Q3 | 1.6% | -0.2% | 3.5% |
Unit Labor Costs | Q3 | 1.4% | 2.2% | -1.8% |
Initial Claims | 10/31 | 276K | 262K | 260K |
Tomorrow brings October’s jobs data and Consumer Credit for September.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil remained weak on the continued outlook for ample supplies.
The U.S. dollar index edged higher on better than expected productivity data that sent treasuries lower.
The Dow, Nasdaq, and S&P traded mixed and ended lower ahead of tomorrow’s jobs data.
Among the big names making news in the market today were Boeing, Wells Fargo, Electrolux, Qualcomm, Valeant, GM, and Facebook.
GATA Posts:
China's gold investment at risk as Beijing frees yuan
Indian govt. tells people: Deposit your gold with us so we can drive its price down
The Statistics:
As of close of business: 11/4/2015
Gold Warehouse Stocks: | 6,695,053.836 | -2,089.75 |
Silver Warehouse Stocks: | 162,842,964.050 | -681,545.60 |
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 | 680.105 | 21,866,068 | US$24,189m |
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$4,914m |
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$5,429m |
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 6.199 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 160.30: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,756.57: No change from yesterday’s data.
The Miners:
Claude’s (CGR) third quarter results, Richmont’s (RIC) third quarter results, McEwen’s (MUX) third quarter results, Randgold’s (GOLD) third quarter results, Royal Gold’s (RGLD) first quarter results, and Great Panther’s (GPL) third quarter results were among the big stories in the gold and silver mining industry making headlines today.
WINNER
1. Paramount | PZG +3.31% $1.25 |
LOSERS
1. Royal Gold | RGLD-14.27% $40.26 |
2. Newmont | NEM -7.94% $17.50 |
3. Yamana | AUY -5.80% $1.95 |
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: Thursday, 5 November 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver End Slightly Lower Before Jobs Day
