-- Published: Wednesday, 13 January 2016 | Print | Disqus
| Close | Gain/Loss |
Gold | $1094.60 | +$5.00 |
Silver | $14.15 | +$0.34 |
XAU | 43.05 | +0.49% |
HUI | 111.99 | +0.86% |
GDM | 377.20 | -0.34% |
JSE Gold | 1317.85 | +0.86 |
USD | 98.91 | -0.07 |
Euro | 108.79 | +0.22 |
Yen | 84.95 | -0.02 |
Oil | $30.48 | +$0.04 |
10-Year | 2.066% | -0.036 |
T-Bond | 158.53125 | +0.96875 |
Dow | 16151.41 | -2.21% |
Nasdaq | 4526.06 | -3.41% |
S&P | 1890.28 | -2.50% |
The Metals:
Gold fell almost $10 to $1079.87 in Asia, but it then rallied back higher in New York and ended near its late session high of $1095.23 with a gain of 0.46%. Silver rose to as high as $14.201 and ended with a gain of 2.46%.
Euro gold rose to about €1006, platinum gained $11 to $846, and copper fell slightly to about $1.96.
Gold and silver equities waffled near unchanged and ended mixed.
The Economy:
Report | For | Reading | Expected | Previous |
Treasury Budget | Dec | -$14.4B | - | $1.9B |
U.S. home loan applications jump as mortgage rates fall Reuters
U.S. economic growth hampered by dollar, energy prices: Fed Reuters
Tomorrow brings Initial Jobless Claims and Export and Import Prices.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil erased most of its early gains after the Energy Information Administration reported that crude inventories rose 200,000 barrels, gasoline inventories rose 8.4 million barrels, and distillates rose 6.1 million barrels.
The U.S. dollar index erased overnight gains and treasuries rose as the Dow, Nasdaq, and S&P turned notable early gains into roughly 3% losses after oil erased its overnight rally.
Among the big names making news in the market today were CSX, Twitter, and GM.
GATA Posts:
F. William Engdahl: Russia aims to break Wall Street's monopoly on oil prices
Hugo Salinas Price: Central bank international reserves fall 8% in 17 months
The Statistics:
As of close of business: 1/12/2016
Gold Warehouse Stocks: | 6,408,180.543 | -30,864.00 |
Silver Warehouse Stocks: | 160,015,064.542 | -3,162,391.649 |
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 | 651.677 | 20,952,053 | US$22,795m |
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$4,845m |
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$5,342m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$392m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 29.17 | 937,705 | US$1,020m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 160.71: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,840.17: No change from yesterday’s data.
The Miners:
Timberline’s (TLR) new CEO, McEwen’s (MUX) 2015 production, Gold Standard’s (GSV) drill results, Silver Bear’s (SBR.TO) private placement, and Aurcana’s (AUN.V) updated resource estimate were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. DRDGOLD | DRD +13.5% $2.27 |
2. Harmony | HMY +13.33% $1.53 |
3. Gold Resource | GORO +5.60% $1.32 |
LOSERS
1. Freeport | FCX -9.00% $3.74 |
2. Endeavour Silver | EXK -3.97% $1.21 |
3. Turquoise | TRQ -3.16% $1.84 |
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: Wednesday, 13 January 2016 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Gain While Stocks Drop 3%
