-- Published: Monday, 21 December 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1078.20 | +$12.30 |
Silver | $14.26 | +$0.16 |
XAU | 45.33 | +1.80% |
HUI | 111.88 | +2.40% |
GDM | 381.95 | +1.54% |
JSE Gold | 1077.60 | +57.89 |
USD | 98.39 | -0.31 |
Euro | 109.22 | +0.54 |
Yen | 82.56 | +0.01 |
Oil | $35.81 | -$0.25 |
10-Year | 2.197% | -0.002 |
T-Bond | 157.90625 | +0.1875 |
Dow | 17251.62 | +0.72% |
Nasdaq | 4968.92 | +0.93% |
S&P | 2021.15 | +0.78% |
The Metals:
Gold saw decent gains in Asia before it fell back towards unchanged in London, but it then rose to as high as $1081.57 in New York and ended with a gain of 1.15%. Silver rose to as high as $14.326 and ended with a gain of 1.13%.
Euro gold rose to about €987, platinum gained $12.50 to $870, and copper climbed a few cents to about $2.14.
Gold and silver equities climbed about 2% higher at the open and remained near that level for the rest of the day.
The Economy:
Tomorrow brings GDP, the FHFA Housing Price Index, and Existing Home Sales.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell on the continued outlook for ample supplies.
The U.S. dollar index dropped as the euro rose “after Spain’s ruling party lost its parliamentary majority in the country’s general election.”
Treasuries held near unchanged while the Dow, Nasdaq, and S&P bounced back from last week’s losses in quiet holiday thinned trade.
Among the big names making news in the market today were JPMorgan, Nomura, KaloBios, and BMW.
GATA Posts:
Randgold Resources pulls out of Ghana gold mine project
Indian temples not wild about using religious offerings for gold price suppression
The Statistics:
As of close of business: 12/18/2015
Gold Warehouse Stocks: | 6,394,272.835 | -6,430.00 |
Silver Warehouse Stocks: | 158,556,684.625 | +289,606.17 |
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 | 648.915 | 20,863,264 | US$22,501m |
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$4,793m |
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$5,296m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$387m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 29.17 | 937,942 | US$1,013m |
Note: Change in Total Tonnes from yesterday’s data: SPDR added 18.749 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 155.87: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,017.81: -44.46 change from yesterday’s data.
The Miners:
Richmont’s (RIC) exploration update, Randgold’s (GOLD) rejected proposal to redevelop a Ghanaian gold mine with current owner AngloGold Ashanti (AU), and Mines Management’s (MGN) Final Environmental Impact Statement were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. McEwen | MUX +8.33% $1.04 |
2. Seabridge | SA +4.51% $8.35 |
3. Yamana | AUY +4.42% $1.89 |
LOSERS
1. Paramount | PZG -5.04% $1.13 |
2. Buenaventura | BVN -4.20% $3.88 |
3. Coeur | CDE -3.42% $2.54 |
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, 21 December 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Gain Over 1%
