-- Published: Thursday, 12 November 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1084.60 | +$0.10 |
Silver | $14.31 | +$0.01 |
XAU | 45.23 | -1.55% |
HUI | 108.19 | -1.75% |
GDM | 372.73 | -0.75% |
JSE Gold | 905.47 | +4.88 |
USD | 98.52 | -0.43 |
Euro | 108.08 | +0.55 |
Yen | 81.58 | +0.20 |
Oil | $41.75 | -$1.18 |
10-Year | 2.319% | -0.019 |
T-Bond | 152.90625 | +0.875 |
Dow | 17448.07 | -1.44% |
Nasdaq | 5005.07 | -1.22% |
S&P | 2045.97 | -1.40% |
The Metals:
Gold fell $10.38 to $1074.32 by a little after 9AM EST before it jumped back up to $1089.53 in the next hour of trade and then fell back off again into midday, but it then climbed back higher again into the close and ended with a loss of just 0.01%. Silver surged to as high as $14.499 before it dropped back $14.212, but it still ended with a gain of 0.07%.
Euro gold fell to about €1003, platinum lost $5 to $874, and copper fell 5 cents to about $2.17.
Gold and silver equities traded mostly lower and ended with about 1% losses.
The Economy:
Report | For | Reading | Expected | Previous |
Initial Claims | 11/07 | 276K | 269K | 276K |
JOLTS - Job Openings | Sep | 5.53M | - | 5.38M |
Treasury Budget | Oct | -$136.5B | -$130.0B | -$121.7B |
Fed must weigh impact of new financial market landscape: Yellen Reuters
Tomorrow brings PPI, Retail Sales, Michigan Sentiment, and Business Inventories.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell on more rising inventories while the U.S. dollar index dropped and treasuries rose after Federal Reserve Chairwoman Janet Yellen was reluctant to discuss the central bank’s interest-rate outlook in her remarks at a conference today.
The Dow, Nasdaq, and S&P fell over 1% on interest rate uncertainty.
Among the big names making news in the market today were Noble Group, Glencore, Siemen’s, and Kohl’s.
GATA Posts:
Gold ETF sales offset record demand for coins and bars
New York Sun: Silent Cal speaks
The Statistics:
As of close of business: 11/11/2015
Gold Warehouse Stocks: | 6,742,525.884 | +31,989.24 |
Silver Warehouse Stocks: | 162,044,816.523 | -314,968.16 |
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 | 663.432 | 21,329,996 | US$23,191m |
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$4,797m |
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$5,299m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$389m |
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: 159.85: -0.45 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,756.57: No change from yesterday’s data.
The Miners:
Barrick’s (ABX) sale of assets in Nevada to Kinross (KGC), Kirkland’s (KGI.TO) drill results, Alamos Gold’s (AGI) third quarter results, Timmins Gold’s (TGD) drill results, Pan American’s (PAAS) third quarter results, Coeur’s (CDE) discovery, Excellon’s (EXN.TO) third quarter results, and Alexco’s (AXU) third quarter results were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Barrick | ABX +3.71% $7.55 |
2. Pan American | PAAS +1.20% $6.74 |
3. B2Gold | BTG +0.98% $1.03 |
LOSERS
1. Alamos | AGI -8.56% $2.99 |
2. DRDGOLD | DRD -7.23% $1.54 |
3. New Gold | NGD -6.01% $2.19 |
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, 12 November 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver End Near Unchanged While Stocks Fall
