-- Published: Monday, 14 December 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1064.10 | -$14.10 |
Silver | $13.71 | -$0.24 |
XAU | 44.56 | -5.99% |
HUI | 109.64 | -5.88% |
GDM | 377.61 | -4.48% |
JSE Gold | 1031.36 | -96.24 |
USD | 97.70 | +0.17 |
Euro | 109.86 | -0.09 |
Yen | 82.67 | UNCH |
Oil | $36.31 | +$0.69 |
10-Year | 2.225% | +0.086 |
T-Bond | 156.8125 | -1.78125 |
Dow | 17368.50 | +0.60% |
Nasdaq | 4952.22 | +0.22% |
S&P | 2021.94 | +0.48% |
The Metals:
Gold fell to as low as $1063.41 by early afternoon in New York before it bounced back higher, but it still ended with a loss of 1.31%. Silver slipped to as low as $13.665 and ended with a loss of 1.72%.
Euro gold fell to about €969, platinum gained $4 to $845, and copper fell slightly to about $2.11.
Gold and silver equities fell about 5% by midday and remained near that level for the rest of the day.
The Economy:
Tomorrow brings CPI, Empire Manufacturing, the NAHB Housing Market Index, and Net Long-Term TIC Flows.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil bounced back from last week’s significant losses.
The U.S. dollar index ended slightly higher in mixed trade.
Treasuries fell ahead of this week’s fed meeting.
The Dow, Nasdaq, and S&P saw notable losses by late morning, but they then chopped back higher in afternoon trade and ended with decent gains on optimism over the recovery in oil.
Among the big names making news in the market today were Encana, Lucidus, Twitter, Alibaba, and Newell Rubbermaid and Jarden.
GATA Posts:
Out of rand crisis, opportunity for world's costliest gold mines
Bitcoin's supposed creator reported to have tried to buy gold
Bullion dealers, Bombay Stock Exchange agree on India's first physical gold exchange
The Statistics:
As of close of business: 12/11/2015
Gold Warehouse Stocks: | 6,329,225.334 | - |
Silver Warehouse Stocks: | 158,423,505.083 | -651,395.43 |
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$21,793m |
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$4,748m |
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$5,250m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$382m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 29.18 | 938,014 | US$1,002m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 156.32: -0.75 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,062.27: +62.26 change from yesterday’s data.
The Miners:
Kirkland’s (KGI.TO) second quarter results, Primero’s (PPP) mine fatality, and Pan American’s (PAAS) CEO retirement were among the big stories in the gold and silver mining industry making headlines today.
No “winners” today.
LOSERS
1. Paramount | PZG -19.0% $0.98 |
2. AngloGold | AU -10.36% $6.49 |
3. B2Gold | BTG -10.0% $1.08 |
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: Monday, 14 December 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Fall Over 1%
