-- Published: Friday, 15 January 2016 | Print | Disqus
| Close | Gain/Loss | On Week |
Gold | $1089.10 | +$12.20 | -1.22% |
Silver | $13.90 | +$0.06 | UNCH |
XAU | 41.47 | -0.10% | -11.93% |
HUI | 106.71 | -0.50% | -9.98% |
GDM | 366.32 | -0.22% | -9.02% |
JSE Gold | 1375.63 | +34.63 | +9.54% |
USD | 98.88 | -0.22 | +0.39% |
Euro | 109.19 | +0.52 | -0.03% |
Yen | 85.48 | +0.83 | +0.48% |
Oil | $29.42 | -$1.78 | -11.28% |
10-Year | 2.033% | -0.065 | -4.55% |
Bond | 159.25 | +1.78125 | +1.70% |
Dow | 15988.08 | -2.39% | -2.19% |
Nasdaq | 4488.41 | -2.74% | -3.34% |
S&P | 1880.29 | -2.16% | -2.17% |
The Metals:
Gold gained $20.33 to $1097.23 at about 9AM EST before it chopped back lower at times, but it still ended with a gain of 1.04%. Silver rose to as high as $14.128 and ended with a gain of 0.43%.
Euro gold rose to about €998, platinum lost $9 to $822, and copper fell a few cents to about $1.95.
Gold and silver equities waffled near unchanged and ended slightly lower.
The Economy:
Report | For | Reading | Expected | Previous |
Retail Sales | Dec | -0.1% | 0.1% | 0.4% |
Retail Sales ex-auto | Dec | -0.1% | 0.3% | 0.3% |
PPI | Dec | -0.2% | -0.1% | 0.3% |
Core PPI | Dec | 0.1% | 0.1% | 0.3% |
Empire Manufacturing | Jan | -19.4 | -3.5 | -6.2 |
Industrial Production | Dec | -0.4% | -0.2% | -0.9% |
Capacity Utilization | Dec | 76.5% | 76.9% | 76.9% |
Michigan Sentiment | Jan | 93.3 | 92.6 | 92.6 |
Business Inventories | Nov | -0.2% | 0.0% | -0.1% |
Raft of weak U.S. data points to sharply slower growth Reuters
All of this week’s other economic reports:
Next week’s economic highlights include the NAHB Housing Market Index and Net Long-Term TIC Flows on Tuesday, CPI, Housing Starts, and Building Permits on Wednesday, Initial Jobless Claims and the Philadelphia Fed on Thursday, and Existing Home Sales and Leading Economic Indicators on Friday.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell almost 6% on signs that Iran will resume exports soon.
The U.S. dollar index dropped and treasuries rose on poor economic data that sent the Dow, Nasdaq, and S&P over 2% lower.
Among the big names making news in the market Friday were GoPro, Citigroup, and Wal-Mart.
GATA Posts:
Indian govt.: Buy our paper gold so we can drive gold's price down
Bron Suchecki: German gold repatriation update
The Statistics:
Activity from: 1/14/2016
Gold Warehouse Stocks: | 6,404,441.232 | -3,739.311 |
Silver Warehouse Stocks: | 159,060,542.817 | -680,035.985 |
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 | 654.057 | 21,028,579 | US$22,996m |
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$4,837m |
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$391m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 29.17 | 937,685 | US$1,025m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 161.16: +0.45 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,840.17: No change from yesterday’s data.
The Miners:
Golden Star’s (GSS) Feasibility Study, Great Panther’s (GPL) resumed operations, and Excellon’s (EXN.TO) optimization plan were among the big stories in the gold and silver mining industry making headlines Friday.
WINNERS
1. DRDGOLD | DRD +9.66% $2.27 |
2. Harmony | HMY +8.05% $1.61 |
3. Gold Fields | GFI +4.67% $3.14 |
LOSERS
1. Buenaventura | BVN -7.84% $3.76 |
2. Yamana | AUY -7.74% $1.55 |
3. Kinross | KGC -7.50% $1.48 |
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: Friday, 15 January 2016 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Weekly Wrap-Up: Gold Falls Over 1% on the Week While Dow Drops Over 2% 
