-- Published: Wednesday, 18 November 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1070.10 | +$0.60 |
Silver | $14.17 | -$0.04 |
XAU | 45.48 | +4.24% |
HUI | 108.05 | +3.85% |
GDM | 372.19 | +2.50% |
JSE Gold | 836.01 | -22.07 |
USD | 99.60 | -0.02 |
Euro | 106.55 | +0.10 |
Yen | 80.96 | -0.06 |
Oil | $40.75 | +$0.08 |
10-Year | 2.269% | +0.008 |
T-Bond | 153.8125 | -0.03125 |
Dow | 17737.16 | +1.42% |
Nasdaq | 5075.20 | +1.79% |
S&P | 2083.58 | +1.62% |
The Metals:
Gold edged up to $1072.67 at about 5AM EST before it dropped back to $1067.16 in the next few hours of trade, but it then rallied back higher in afternoon New York trade and ended with a gain of 0.06%. Silver slipped to as low as $14.04 before it also rebounded, but it still ended with a loss of 0.28%.
Euro gold remained at about €1005, platinum lost $5 to $846, and copper fell a couple of cents to about $2.08.
Gold and silver equities traded over 1% higher in the first half hour of trade before they fell to see about 1% losses by midday, but they then rallied back higher into the close and ended with about 3% gains.
The Economy:
Report | For | Reading | Expected | Previous |
Housing Starts | Oct | 1060K | 1173K | 1191K |
Building Permits | Oct | 1150K | 1137K | 1105K |
Mortgage applications rise 6.2% despite higher rates CNBC
More work to ensure large banks can be wound down: Fed's Dudley Reuters
Fed minutes show majority willing to raise interest rates in December MarketWatch
Fed officials again flag December; see smooth rates liftoff Reuters
Fed Inserted Language to Stress Potential for December Liftoff Bloomberg
Tomorrow brings Initial Jobless Claims, Leading Economic Indicators, and the Philadelphia Fed.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil waffled near unchanged and ended modestly higher on mixed inventory reports.
The U.S. dollar index traded mixed and treasuries saw slight losses both before and after today’s fed minutes.
The Dow, Nasdaq, and S&P rose on the outlook for a gradual pace to any interest rate increases.
Among the big names making news in the market today were Lowe’s, Square, Carlyle, Codelco, Teck, and Target.
The Statistics:
As of close of business: 11/17/2015
Gold Warehouse Stocks: | 6,597,418.874 | +7,362.34 |
Silver Warehouse Stocks: | 160,951,998.492 | -628,690.40 |
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$22,719m |
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$4,744m |
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$5,242m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$383m |
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: 163.24: +0.75 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,867.78: No change from yesterday’s data.
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, 18 November 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver End Mixed
