-- Published: Monday, 28 December 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1068.90 | -$7.80 |
Silver | $13.93 | -$0.43 |
XAU | 45.77 | -4.25% |
HUI | 111.96 | -4.10% |
GDM | 385.07 | -2.91% |
JSE Gold | 1090.76 | -26.64 |
USD | 97.94 | -0.05 |
Euro | 109.72 | +0.07 |
Yen | 83.07 | -0.06 |
Oil | $36.81 | -$1.29 |
10-Year | 2.225% | -0.018 |
T-Bond | 155.40625 | +0.34375 |
Dow | 17528.27 | -0.14% |
Nasdaq | 5040.98 | -0.15% |
S&P | 2056.50 | -0.22% |
The Metals:
Gold fell almost $10 to $1066.74 by early afternoon in New York before it bounced back higher in the last couple of hours of trade, but it still ended with a loss of 0.72%. Silver slipped to as low as $13.866 and ended with a loss of 2.99%.
Euro gold fell to about €974, platinum lost $5 to $877, and copper fell 5 cents to about $2.08.
Gold and silver equities fell about 3% by early afternoon and remained near that level for the rest of the day.
The Economy:
Yellen Price-Quirk Focus Shows Faith in Inflation Comeback Bloomberg
U.S. Retailers Get Late Shopping Surge, Lifting Holiday Sales Bloomberg
Tomorrow brings the Case-Shiller 20-city Index and Consumer Confidence.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell over 3% on further signs of weaker demand in 2016.
The U.S. dollar index edged lower as the euro remained strong on comments by the European Central Bank’s Yves Mersch.
Treasuries rose as the Dow, Nasdaq, and S&P dropped on worries about the oil market.
Among the big names making news in the market today were T-Mobile, Deutsche Bank, Valeant, Freeport, and Alibaba.
GATA Posts:
Lars Schall interviews Avery Goodman on China's gold challenge to U.S.
Bitcoin's back: Big year for controversial digital currency
Switzerland to vote on banning commercial banks from creating money
Alasdair Macleod: Why the Fed will never succeed in managing inflation
The Statistics:
As of close of business: 12/24/2015
Gold Warehouse Stocks: | 6,357,203.475 | -30,574.65 |
Silver Warehouse Stocks: | 160,394,807.836 | +813,466.20 |
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 | 644.749 | 20,729,313 | US$22,213m |
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$4,765m |
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$5,263m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$384m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 29.17 | 937,870 | US$1,004m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 1.19 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 153.72: -0.60 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,918.52: -44.45 change from yesterday’s data.
The Miners:
Freeport’s (FCX) board change and Gold Resource’s (GORO) modified dividend were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. McEwen | MUX +2.68% $1.15 |
2. Turquoise | TRQ +1.17% $2.59 |
LOSERS
1. Gold Resource | GORO-14.73% $1.91 |
2. Freeport | FCX -9.51% $6.85 |
3. Gold Fields | GFI -7.85% $2.70 |
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, 28 December 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Fall Almost 1% and 3%
