-- Published: Tuesday, 1 December 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1069.00 | +$4.00 |
Silver | $14.17 | +$0.08 |
XAU | 47.67 | +3.29% |
HUI | 114.45 | +3.31% |
GDM | 390.06 | +3.07% |
JSE Gold | 897.53 | +6.19 |
USD | 99.78 | -0.44 |
Euro | 106.33 | +0.64 |
Yen | 81.39 | +0.14 |
Oil | $41.85 | +$0.20 |
10-Year | 2.155% | -0.063 |
T-Bond | 157.34375 | +1.9375 |
Dow | 17888.35 | +0.95% |
Nasdaq | 5156.30 | +0.93% |
S&P | 2102.63 | +1.07% |
The Metals:
Gold gained $8.03 to $1073.03 in Asia before it chopped back lower in London, but it then climbed back higher in afternoon New York trade and ended with a gain of 0.38%. Silver rose to as high as $14.253 and ended with a gain of 0.57%.
Euro gold fell to about €1005, platinum gained $9 to $837, and copper climbed a few cents to about $2.08.
Gold and silver equities climbed higher in afternoon trade and ended with over 3% gains.
The Economy:
Report | For | Reading | Expected | Previous |
ISM Index | Nov | 48.6 | 50.4 | 50.1 |
Construction Spending | Oct | 1.0% | 0.7% | 0.6% |
Tomorrow brings ADP Employment, Productivity, and the fed’s Beige Book.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil edged higher in mixed trade ahead of Friday’s OPEC meeting.
The U.S. dollar index fell on poor manufacturing data that sent treasuries higher.
The Dow, Nasdaq, and S&P rose on strong auto sales.
Among the big names making news in the market today were VTech, Fiat Chrysler, and Volkswagen.
GATA Posts:
Dave Kranzler: Comex is zombie market as hedge funds go record short paper gold
U.S. Mint American eagle gold coin sales surge, silver at record
Montana gold mine lays off 135 employees, but who cares?
The Statistics:
As of close of business: 11/30/2015
Gold Warehouse Stocks: | 6,444,643.959 | +66,997.61 |
Silver Warehouse Stocks: | 158,954,296.382 | +499.71 |
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 | 654.799 | 21,052,432 | US$22,421m |
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$4,737m |
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$5,233m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$383m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 30.13 | 968,757 | US$1,035m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 158.65: -1.97 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,897.43: +95.10 change from yesterday’s data.
The Miners:
Gold Reserve’s (GRZ.V) convertible notes, Barrick’s (ABX) completed sale, Nevsun’s (NSU) drill results, Osisko’s (OR.TO) early warning report, Gold Resource’s (GORO) option to purchase a gold bearing property in Nevada, and Aurcana’s (AUN.V) third quarter results were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Yamana | AUY +7.62% $2.26 |
2. New Gold | NGD +6.79% $2.36 |
3. Kinross | KGC +6.77% $2.05 |
LOSERS
1. Turquoise | TRQ -2.68% $2.54 |
2. DRDGOLD | DRD -0.66% $1.51 |
3. Newmont | NEM -0.11% $18.39 |
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, 1 December 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Gain With Stocks
