-- Published: Tuesday, 24 November 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1075.40 | +$6.70 |
Silver | $14.17 | +$0.06 |
XAU | 46.15 | +3.92% |
HUI | 110.71 | +4.36% |
GDM | 380.12 | +3.10% |
JSE Gold | 892.70 | +21.14 |
USD | 99.60 | -0.20 |
Euro | 106.49 | +0.14 |
Yen | 81.64 | +0.25 |
Oil | $42.87 | +$1.12 |
10-Year | 2.243% | -0.007 |
T-Bond | 155.0625 | +0.125 |
Dow | 17812.19 | +0.11% |
Nasdaq | 5102.80 | +0.01% |
S&P | 2089.14 | +0.12% |
The Metals:
Gold gained $12.25 to $1080.95 at about 8AM EST before it chopped back lower, but it still ended with a gain of 0.63%. Silver rose to as high as $14.31 and ended with a gain of 0.43%.
Euro gold rose to about €1010, platinum lost $4 to $839, and copper climbed 4 cents to about $2.06.
Gold and silver equities rose about 4% by midday and remained near that level for the rest of the day.
The Economy:
Report | For | Reading | Expected | Previous |
GDP | Q3 | 2.1% | 2.0% | 1.5% |
GDP Deflator | Q3 | 1.3% | 1.2% | 1.3% |
Case-Shiller 20-city Index | Sep | 5.5% | 5.2% | 5.1% |
Consumer Confidence | Nov | 90.4 | 99.6 | 99.1 |
Tomorrow brings Initial Jobless Claims, Personal Income and Spending, Durable Goods Orders, the FHFA Housing Price Index, Michigan Sentiment, and New Home Sales.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil rose, the U.S. dollar index fell, and treasuries climbed higher on increased geopolitical tensions.
Turkey downs Russian warplane near Syria border, Moscow denies air space violation Reuters
The Dow, Nasdaq, and S&P traded mixed and ended near unchanged on global uncertainty.
Among the big names making news in the market today were Tiffany, Volkswagen, and Dollar Tree.
GATA Posts:
Richard Russell, publisher of Dow Theory Letters, dies at 91
Liquidity deteriorates for U.S. treasuries
Currency spoofing is said to be New York's latest target
The Statistics:
As of close of business: 11/23/2015
Gold Warehouse Stocks: | 6,438,471.159 | +400.10 |
Silver Warehouse Stocks: | 159,875,778.122 | -705,402.79 |
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 | 655.692 | 21,081,144 | US$22,685m |
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$4,780m |
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$5,277m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$386m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 30.43 | 978,409 | US$1,047m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 5.06 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 160.27: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,897.43: No change from yesterday’s data.
The Miners:
Comstock’s (LODE) exploration drift, Eurasian’s (EMXX) optioned project, Gold Resource’s (GORO) dividend, and Santacruz Silver’s (SCZ.V) loan facility were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Yamana | AUY +12.5% $2.07 |
2. Kinross | KGC +10.29% $1.93 |
3. First Majestic | AG +7.95% $3.26 |
LOSER
1. Turquoise Hill | TRQ -0.38% $2.63 |
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, 24 November 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Gain With Oil
