-- Published: Monday, 9 November 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1091.10 | +$3.10 |
Silver | $14.56 | -$0.18 |
XAU | 47.04 | +2.26% |
HUI | 112.21 | +2.52% |
GDM | 379.69 | +1.58% |
JSE Gold | 925.16 | +14.66 |
USD | 98.99 | -0.16 |
Euro | 107.55 | +0.12 |
Yen | 81.21 | +0.01 |
Oil | $43.87 | -$0.42 |
10-Year | 2.342% | +0.009 |
T-Bond | 151.78125 | -0.53125 |
Dow | 17730.48 | -1.00% |
Nasdaq | 5095.30 | -1.01% |
S&P | 2078.58 | -0.98% |
The Metals:
Gold climbed $7.39 to $1095.39 in London before it fell back to almost unchanged by late morning in New York, but it then edged back higher in afternoon trade and ended with a gain of 0.28%. Silver fell back to $14.445 before it also bounced back higher, but it still ended with a loss of 1.22%.
Euro gold rose to about €1014, platinum lost $28 to $910, and copper fell slightly to about $2.24.
Gold and silver equities climbed higher in afternoon trade and ended with about 2% gains.
The Economy:
Global GDP Worse Than Official Forecasts Show, Maersk Says Bloomberg
OECD Trims Global Growth Forecast on Emerging-Market Slowdown Bloomberg
Tomorrow brings Import and Export Prices and Wholesale Inventories.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell on concerns about slowing energy demand from China.
The U.S. dollar index dropped along with treasuries and the Dow, Nasdaq, and S&P on uncertainty about the impacts of a possible interest rate hike by the fed next month.
Among the big names making news in the market today were Jeep, Valeant, Dish, Airbus, Match, and Priceline.
GATA Posts:
China to allow direct conversion between yuan and Swiss franc
Reuters: European Central Bank may push interest rates more negative
Join GATA at the Silver Summit in San Francisco Nov. 23-24
Sean Fieler: Competition for the Fed's money monopoly
Merge or die, major gold miners told by Randgold's Bristow
The Statistics:
As of close of business: 11/6/2015
Gold Warehouse Stocks: | 6,713,564.772 | +24.686 |
Silver Warehouse Stocks: | 161,313,381.725 | -499,228.315 |
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 | 669.089 | 21,511,872 | US$23,437m |
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$4,841m |
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$5,349m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$392m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 27.80 | 893,937 | US$999m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 2.679 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:
Goldcorp’s (GG) dividend, Harmony’s (HMY) new CEO, and AngloGold’s (AU) third quarter results were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Royal Gold | RGLD +7.80% $38.28 |
2. Seabridge | SA +5.74% $7.92 |
3. Richmont | RIC +5.23% $3.02 |
LOSERS
1. Freeport | FCX -2.42% $10.49 |
2. Turquoise | TRQ -1.39% $2.83 |
3. Silver Standard | SSRI -0.88% $5.61 |
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: Monday, 9 November 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver End Mixed But Miners Gain
