Close | Gain/Loss | |
Gold | $1071.70 | -$1.00 |
Silver | $14.11 | -$0.04 |
XAU | 47.36 | +0.34% |
HUI | 115.99 | +0.09% |
GDM | 392.83 | -0.13% |
JSE Gold | 1055.88 | +94.39 |
USD | 97.91 | +0.52 |
Euro | 109.42 | -0.80 |
Yen | 82.24 | -0.04 |
Oil | $36.76 | -$0.40 |
10-Year | 2.239% | +0.031 |
T-Bond | 156.46875 | -0.375 |
Dow | 17574.75 | +0.47% |
Nasdaq | 5045.17 | +0.44% |
S&P | 2052.23 | +0.23% |
The Metals:
Gold chopped around near unchanged and ended with a loss of 0.09%. Silver slipped to as low as $14.106 and ended with a loss of 0.28%.
Euro gold rose to about €979, platinum lost $2 to $852, and copper climbed slightly to about $2.08.
Gold and silver equities rose about 1% in the first half hour of trade and remained near that level for most of the day, but they then fell back off in the last half hour of trade and ended near unchanged.
The Economy:
Report | For | Reading | Expected | Previous |
Initial Claims | 12/05 | 282K | 269K | 269K |
Export Prices | Nov | -0.6% | - | -0.2% |
Export Prices ex-ag. | Nov | -0.6% | - | -0.3% |
Import Prices | Nov | -0.4% | - | -0.3% |
Import Prices ex-oil | Nov | -0.2% | - | -0.3% |
Treasury Budget | Nov | -$64.6B | - | $56.8B |
Tomorrow brings PPI, Retail Sales, Business Inventories, and Michigan Sentiment on Friday.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil continued to fall on rising output out of OPEC.
The U.S. dollar index bounced back from yesterday’s notable losses.
Treasuries fell as the Dow, Nasdaq, and S&P rose on optimism that the US economy can handle an interest rate hike expected from the fed next week.
Among the big names making news in the market today were Twitter, Bank of America, Glencore, Third Point, Chipotle, and VW.
GATA Posts:
China said to delay launch of yuan gold benchmark to April
The Statistics:
As of close of business: 12/9/2015
Gold Warehouse Stocks: | 6,315,561.584 | - |
Silver Warehouse Stocks: | 158,452,854.653 | +76,800.505 |
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 | 634.630 | 20,403,987 | US$21,850m |
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$4,764m |
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$5,267m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$385m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 29.42 | 945,717 | US$1,023m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 157.07: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,000.01: No change from yesterday’s data.
Eurasian’s (EMXX) granted license and Hecla’s (HL) director passing were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. AngloGold | AU +9.08% $7.21 |
2. Freeport | FCX +5.29% $7.36 |
3. DRDGOLD | DRD +5.04% $1.46 |
LOSERS
1. B2Gold | BTG -4.10% $1.17 |
2. Buenaventura | BVN -3.74% $4.63 |
3. Richmont | RIC -3.66% $3.16 |
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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- http://www.goldreview.com
© Gold Seeker 2015
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