-- Published: Tuesday, 8 December 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1074.60 | +$1.70 |
Silver | $14.16 | -$0.12 |
XAU | 46.47 | -1.75% |
HUI | 113.89 | -1.35% |
GDM | 387.65 | -1.31% |
JSE Gold | 937.39 | -0.57 |
USD | 98.40 | -0.29 |
Euro | 108.94 | +0.58 |
Yen | 81.31 | +0.26 |
Oil | $37.51 | -$0.14 |
10-Year | 2.238% | +0.013 |
T-Bond | 156.40625 | -0.28125 |
Dow | 17568.00 | -0.92% |
Nasdaq | 5098.24 | -0.07% |
S&P | 2063.59 | -0.65% |
The Metals:
Gold dipped down to $1068.36 by a little after 8AM EST before it bounced back to $1078.39 in the next hour and a half of trade and then chopped back lower at times, but it still ended with a gain of 0.16%. Silver slipped to as low as $14.09 and ended with a loss of 0.84%.
Euro gold fell to about €986, platinum lost $8 to $841, and copper remained at about $2.05.
Gold and silver equities fell about 2% in the first hour of trade before they edged back higher at times, but they still ended with over 1% losses.
The Economy:
Report | For | Reading | Expected | Previous |
JOLTS - Job Openings | Oct | 5.38M | - | 5.53M |
Yellen Powers of Persuasion Face Test to Avoid Liftoff Dissents Bloomberg
Tomorrow brings Wholesale Inventories for October expected at 0.1%.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil ended slightly lower in mixed trade.
The U.S. dollar index fell as the yen rose on a better than expected reading of Japanese GDP.
Treasuries traded mostly lower in choppy trade.
The Dow and S&P fell on worries about global growth after Chinese trade date came in weaker than expected.
Among the big names making news in the market today were Norfolk Southern, Fairchild, Anglo American, AOL, Pep Boys, and Chipotle.
GATA Posts:
India's gold dealers and jewellers plan physical gold exchange
Anglo American cuts dividend and 85,000 jobs in 'radical' restructuring
Gold-Eagle interviews silver market rigging whistleblower Ted Butler
The Statistics:
As of close of business: 12/7/2015
Gold Warehouse Stocks: | 6,316,783.284 | -131,975.85 |
Silver Warehouse Stocks: | 158,434,593.648 | -56,692.46 |
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 | 634.630 | 20,403,987 | US$21,873m |
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$4,766m |
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$5,274m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$386m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 29.42 | 945,728 | US$1,014m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 4.167 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 157.07: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,000.01: No change from yesterday’s data.
The Miners:
WINNERS
1. Buenaventura | BVN +2.20% $4.64 |
2. Gold Fields | GFI +0.80% $2.51 |
3. Endeavour Silver | EXK +0.72% $1.40 |
LOSERS
1. Freeport | FCX -6.78% $6.74 |
2. IAMGOLD | IAG -5.13% $1.48 |
3. Tahoe Resources | TAHO -4.64% $8.63 |
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, 8 December 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver End Mixed
