-- Published: Monday, 4 January 2016 | Print | Disqus
| Close | Gain/Loss |
Gold | $1075.00 | +$14.90 |
Silver | $13.86 | +$0.05 |
XAU | 46.40 | +2.45% |
HUI | 114.66 | +3.13% |
GDM | 390.13 | +2.23% |
JSE Gold | 1124.85 | +67.54 |
USD | 98.85 | +0.22 |
Euro | 108.31 | -0.28 |
Yen | 83.70 | +0.58 |
Oil | $36.76 | -$0.28 |
10-Year | 2.245% | -0.024 |
T-Bond | 154.34375 | +0.59375 |
Dow | 17148.94 | -1.58% |
Nasdaq | 4903.08 | -2.08% |
S&P | 2012.66 | -1.53% |
The Metals:
Gold gained $22.85 to $1082.95 by midmorning in New York before it chopped back lower into midday, but it still ended with a gain of 1.41%. Silver rose to as high as $14.188 and ended with gain of 0.36%.
Euro gold rose to about €993, platinum lost $6 to $881, and copper fell 6 cents to about $2.08.
Gold and silver equities rose about 3% at the open and remained near that level for the rest of the day.
The Economy:
Report | For | Reading | Expected | Previous |
Construction Spending | Nov | -0.4% | 0.8% | 0.3% |
ISM Index | Dec | 48.2 | 49.0 | 48.6 |
There are no major economic reports due out tomorrow.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil closed almost 1% lower in mixed trade “as concern about Middle East tensions gave way to worries about slowing global economic growth and sliding stock markets.”
The U.S. dollar index pared early gains on weak economic data that sent treasuries higher.
The Dow, Nasdaq, and S&P fell roughly 2% “as a rout in Chinese equities renewed concern that an economic slowdown there will damp global growth.”
Among the big names making news in the market today were Chipotle, Intel, Volkswagen, GM, Lyft, and Fidelity.
The Statistics:
As of close of business: 12/31/2015
Gold Warehouse Stocks: | 6,414,642.693 | +62,113.80 |
Silver Warehouse Stocks: | 161,149,525.534 | +478,466.80 |
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 | 642.368 | 20,652,777 | US$22,343m |
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$5,268m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$386m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 29.17 | 937,798 | US$1,015m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 1.19 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 152.58: -0.63 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,888.88: -29.64 change from yesterday’s data.
The Miners:
Goldcorp’s (GG) dividend and McEwen’s (MUX) management appointment were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Harmony | HMY +14.1% $1.06 |
2. IAMGOLD | IAG +9.15% $1.55 |
3. DRDGOLD | DRD +6.25% $1.70 |
LOSERS
1. Freeport | FCX -3.25% $6.55 |
2. Turquoise | TRQ -1.97% $2.49 |
3. Sandstorm | SAND -1.52% $2.59 |
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, 4 January 2016 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold Gains Over 1%
