-- Published: Tuesday, 17 November 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1069.50 | -$13.70 |
Silver | $14.21 | -$0.06 |
XAU | 43.62 | -5.38% |
HUI | 104.04 | -5.50% |
GDM | 363.12 | -3.99% |
JSE Gold | 858.78 | -39.68 |
USD | 99.62 | +0.24 |
Euro | 106.43 | -0.41 |
Yen | 81.01 | -0.16 |
Oil | $40.67 | -$1.07 |
10-Year | 2.261% | -0.012 |
T-Bond | 153.90625 | +0.65625 |
Dow | 17489.50 | +0.04% |
Nasdaq | 4986.01 | +0.03% |
S&P | 2050.44 | -0.13% |
The Metals:
Gold saw only slight losses in Asia and London before it fell $17.60 to as low as $1065.60 by late morning in New York and then bounced back higher in afternoon trade, but it still ended with a loss of 1.26%. Silver slipped to as low as $14.124 and ended with a loss of 0.42%.
Euro gold fell to about €1005, platinum lost $12 to $851, and copper fell a couple of cents to about $2.10.
Gold and silver equities fell throughout most of trade and ended with about 4% losses.
The Economy:
Report | For | Reading | Expected | Previous |
CPI | Oct | 0.2% | 0.2% | -0.2% |
Core CPI | Oct | 0.2% | 0.2% | 0.2% |
Industrial Production | Oct | -0.2% | 0.1% | -0.2% |
Capacity Utilization | Oct | 77.5% | 77.5% | 77.7% |
NAHB Housing Market Index | Nov | 62.0 | 64.5 | 65 |
Yellen: Proposed Fed law would be ‘grave mistake’ CNBC
Tomorrow brings Housing Starts, Building Permits, and FOMC Minutes.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell ahead of expected builds in inventories from the American Petroleum Institute tonight and the Energy Information Administration tomorrow.
The U.S. dollar index rose along with treasuries on mixed economic data.
The Dow, Nasdaq, and S&P held near unchanged on geopolitical uncertainty.
Among the big names making news in the market today were Kohl’s Home Depot, Angie’s List, Dick’s Sporting Goods, Tesla, TransCanada, VW, and Wal-Mart.
The Statistics:
As of close of business: 11/16/2015
Gold Warehouse Stocks: | 6,590,056.534 | -155,991.80 |
Silver Warehouse Stocks: | 161,580,688.892 | -30,219.66 |
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 | 661.943 | 21,282,135 | US$22,963m |
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$4,740m |
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$5,275m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$385m |
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: 162.49: +2.1 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,867.78: +66.73 change from yesterday’s data.
The Miners:
LOSERS
1. Endeavour Silver | EXK -9.03% $1.41 |
2. Pan American | PAAS -8.50% $6.46 |
3. Barrick | ABX -8.39% $6.99 |
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, 17 November 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver End Modestly Lower
