-- Published: Monday, 28 November 2016 | Print | Disqus
| Close | Gain/Loss |
Gold | $1193.40 | +$12.00 |
Silver | $16.62 | +$0.14 |
XAU | 81.69 | +3.24% |
HUI | 183.91 | +4.63% |
GDM | 593.66 | +4.00% |
JSE Gold | 1424.24 | -11.37 |
USD | 101.25 | -0.25 |
Euro | 106.08 | +0.09 |
Yen | 89.19 | +0.65 |
Oil | $47.08 | +$1.02 |
10-Year | 2.320% | -0.052 |
T-Bond | 153.71875 | +0.90625 |
Dow | 19097.90 | -0.28% |
Nasdaq | 5368.81 | -0.56% |
S&P | 2201.72 | -0.53% |
The Metals:
Gold gained $16.15 to $1197.55 in Asia before it fell back to $1183.24 by a little after 9:30AM EST, but it then rallied back higher into the close and ended with a gain of 1.02%. Silver rose to as high as $16.856 and ended with a gain of 0.85%.
Euro gold rose to about €1125, platinum gained $20 to $922, and copper fell slightly to about $2.66.
Gold and silver equities rose throughout most of the day and ended with about 4% gains.
The Economy:
OECD Lifts Global Growth Forecasts on Expected Trump Stimulus Bloomberg
Will Trump doom his economic agenda by strong-arming the Fed? MarketWatch
Black Friday Shoppers Curb Spending as They Chase Discounts Bloomberg
Tomorrow brings GDP, the Case-Shiller 20-city Index, and Consumer Confidence.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil rose over 2% on continued talks over a possible OPEC production deal.
The U.S. dollar index traded mostly lower and treasuries rose as the Dow, Nasdaq, and S&P dropped on waning confidence over what a Trump administration will bring.
Among the big names making news in the market today were Time, Uber, Biogen, and Samsung.
GATA Posts:
GATA urgently needs help to keep fighting
GATA Chairman Murphy interviewed by Wealth Research Group
Will India try restricting gold ownership? Anonymous sources are contradictory
Gold not safe enough in India so hoarders opt for silver bars
The Statistics:
As of close of business: 11/25/2016
Gold Warehouse Stocks: | 10,031,530.833 | +96,450.00 |
Silver Warehouse Stocks: | 178,840,231.750 | - |
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 | 885.044 | 28,455,045 | US$33,765m |
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$5,288m |
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$5,846m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$427m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 35.73 | 1,148,868 | US$1,391m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 6.523 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 203.29: -1.95 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,766.50: -29.50 change from yesterday’s data.
The Miners:
Newmont’s (NEM) settled debt tender offer, Vista Gold’s (VGZ) optimization studies, Gold Resource’s (GORO) dividend, and Avino’s (ASM) closed bought deal offering were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Harmony | HMY +8.37% $2.46 |
2. Gold Fields | GFI+7.14% $3.30 |
3. Endeavour Silver | EXK +7.12% $3.91 |
LOSERS
1. Northern Dynasty | NAK -2.38% $1.23 |
2. Freeport | FCX -1.38% $15.78 |
3. Turquoise | TRQ -1.11% $3.57 |
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 November 2016 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Gain About 1% While Stocks and Dollar Fall
