-- Published: Wednesday, 25 November 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1170.60 | -$4.80 |
Silver | $14.19 | +$0.02 |
XAU | 45.96 | -0.41% |
HUI | 110.30 | -0.37% |
GDM | 379.93 | -0.01% |
JSE Gold | 882.60 | -10.10 |
USD | 99.79 | +0.19 |
Euro | 106.18 | -0.27 |
Yen | 81.48 | -0.11 |
Oil | $43.04 | +$0.17 |
10-Year | 2.232% | -0.011 |
T-Bond | 155.25 | +0.25 |
Dow | 17813.39 | +0.01% |
Nasdaq | 5116.14 | +0.26% |
S&P | 2088.87 | -0.01% |
The Metals:
Gold dipped $6.82 to $1068.58 at about 10AM EST before it bounced back higher in the next couple of hours of trade, but still ended with a loss of 0.45%. Silver dropped down to $14.044 in early New York trade, but it then rallied back higher for most of the rest of trade and ended with a gain of 0.14%.
Euro gold fell to about €1008, platinum gained $1.50 to $840.50, and copper fell slightly to about $2.05.
Gold and silver equities waffled near unchanged and ended slightly lower.
The Economy:
Report | For | Reading | Expected | Previous |
Initial Claims | 11/21 | 260K | 272K | 272K |
Personal Income | Oct | 0.4% | 0.4% | 0.2% |
Personal Spending | Oct | 0.1% | 0.3% | 0.1% |
PCE Prices - Core | Oct | 0.0% | 0.2% | 0.2% |
Durable Goods | Oct | 3.0% | 1.5% | -0.8% |
Durable Goods -ex trans. | Oct | 0.5% | 0.5% | -0.1% |
FHFA Housing Price Index | Sep | 0.8% | - | 0.3% |
Michigan Sentiment | Nov | 91.3 | 93.1 | 93.1 |
New Home Sales | Oct | 495K | 504K | 447K |
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil rose after data showed a further drop in the number of U.S. oil rigs.
The U.S. dollar index remained modestly higher after mixed economic data sent treasuries higher.
The Dow, Nasdaq, and S&P traded mostly slightly higher in holiday thinned trade.
Among the big names making news in the market today were Canadian Oil Sands and VW.
The Statistics:
As of close of business: 11/24/2015
Gold Warehouse Stocks: | 6,438,374.709 | -96.45 |
Silver Warehouse Stocks: | 158,390,980.882 | -1,484,797.24 |
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$22,508m |
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$4,762m |
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$5,260m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$384m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 30.43 | 978,409 | US$1,047m |
Note: No change in Total Tonnes from yesterday’s data.
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:
WINNERS
1. Richmont | RIC+3.36% $3.08 |
2. New Gold | NGD +2.78% $2.22 |
3. Alamos | AGI +2.05% $2.98 |
LOSERS
1. Seabridge | SA -4.56% $7.75 |
2. Gold Fields | GFI -3.56% $2.44 |
3. AngloGold | AU -3.38% $6.58 |
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: Wednesday, 25 November 2015 | E-Mail | Print | Source: GoldSeek.com