-- Published: Tuesday, 5 January 2016 | Print | Disqus
| Close | Gain/Loss |
Gold | $1078.50 | +$3.50 |
Silver | $13.99 | +$0.13 |
XAU | 46.17 | -0.50% |
HUI | 114.05 | -0.53% |
GDM | 389.28 | -0.16% |
JSE Gold | 1154.17 | +29.32 |
USD | 99.36 | +0.51 |
Euro | 107.49 | -0.83 |
Yen | 84.00 | +0.23 |
Oil | $35.97 | -$0.79 |
10-Year | 2.248% | +0.003 |
T-Bond | 153.625 | -0.625 |
Dow | 17158.66 | +0.06% |
Nasdaq | 4891.42 | -0.24% |
S&P | 2016.71 | +0.20% |
The Metals:
Gold gained $6.80 to $1081.80 in London before it fell back to $1075.28 at about 9AM EST, but it then chopped back higher into the close and ended with a gain of 0.33%. Silver rose to as high as $14.072 and ended with a gain of 0.94%.
Euro gold rose to about €1003, platinum gained $6 to $887, and copper climbed a couple of cents to about $2.10.
Gold and silver equities waffled near unchanged and ended slightly lower.
The Economy:
U.S. auto sales on pace for record year in 2015 after strong December Reuters
Tomorrow brings the Trade Balance, Factory Orders, and ISM Services.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell over 2% ahead of tomorrow’s supply data.
The U.S. dollar index rose as the euro dropped on softer than expected inflation data.
Treasuries held near unchanged as the Dow, Nasdaq, and S&P traded mixed on continued concerns about China.
Among the big names making news in the market today were Smith & Wesson, MannKind, FitBit, Yahoo, Volkswagen, and Ford.
GATA Posts:
Foreign banks in China could face curbs if they snub gold benchmark
China's rigged markets could fall much further, much faster
Venezuelan president seizes control of central bank
Grant Williams' presentation to last month's Mines and Money London conference
Profit Confidential notes growing evidence of gold market rigging and cites GATA
The Statistics:
As of close of business: 1/4/2016
Gold Warehouse Stocks: | 6,413,485.693 | -1,157.00 |
Silver Warehouse Stocks: | 161,749,936.594 | +600,411.06 |
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$22,234m |
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$5,292m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$387m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 29.17 | 937,788 | US$1,012m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 152.58: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,888.88: No change from yesterday’s data.
The Miners:
WINNERS
1. DRDGOLD | DRD +14.71% $1.95 |
2. Harmony | HMY +8.49% $1.15 |
3. McEwen | MUX +5.45% $1.16 |
LOSERS
1. Coeur | CDE -3.64% $2.38 |
2. Eldorado | EGO -2.60% $3.00 |
3. Gold Resource | GORO-2.38% $1.64 |
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, 5 January 2016 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver See Decent Gains
