Close | Gain/Loss | |
Gold | $1230.70 | -$10.00 |
Silver | $19.90 | -$0.06 |
XAU | 82.60 | -0.40% |
HUI | 196.40 | -0.47% |
GDM | 582.59 | -0.64% |
JSE Gold | 1038.31 | +14.79 |
USD | 80.06 | -0.01 |
Euro | 137.65 | +0.04 |
Yen | 97.46 | +0.39 |
Oil | $97.22 | -$0.26 |
10-Year | 2.843% | -0.034 |
T-Bond | 131.34375 | +0.50 |
Dow | 15875.26 | -0.06% |
Nasdaq | 4023.68 | -0.14% |
S&P | 1781.00 | -0.31% |
The Metals:
Gold edged up to $1247.92 in Asia before it fell back to $1227.85 at about 10:30AM EST and then bounced back higher at times, but it still ended with a loss of 0.81%. Silver climbed to $20.24 before it fell back to $19.698, but it then rallied back higher into the close and ended with a loss of just 0.3%.
Euro gold fell to about €894, platinum lost $14 to $1345.00, and copper remained at about $3.35.
Gold and silver equities fell over 1% in the first hour of trade before they rallied back higher in the last hour of trade, but they still ended with modest losses on the day.
Report | For | Reading | Expected | Previous |
CPI | Nov | 0.0% | 0.1% | -0.1% |
Core CPI | Nov | 0.2% | 0.1% | 0.1% |
Current Account Balance | Q3 | -$94.8B | -$101.0B | -$96.6B |
NAHB Housing Market Index | Dec | 58 | 55 | 54 |
Tomorrow brings Housing Starts, Building Permits, and a FOMC rate decision.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil ended with a slight loss on worries about fed tapering.
The U.S. dollar index ended slightly lower in mixed trade and treasuries saw slight gains ahead of tomorrow’s fed announcement.
The Dow, Nasdaq, and S&P ended near unchanged in quiet trade.
Among the big names making news in the market today were Honeywell, JP Morgan Chase, Deutsche Bank, GSK, AT&T, Citigroup, and KKR.
The Statistics:
As of close of business: 12/16/2013
Gold Warehouse Stocks: | 7,714,354.467 | +65,425.25 |
Silver Warehouse Stocks: | 171,741,820.914 | +342,619.62 |
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 | 818.904 | 26,328,586 | US$32,411m |
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$5,466m |
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$8,004m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$442m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 41.88 | 1,346,506 | US$1,674m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 8.7 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 167.45: -0.45 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,139.78: No change from yesterday’s data.
Gold Resource’s (GORO) discovery expansion and Santacruz Silver’s (SCZ.V) maiden NI 43-101 Resource Estimate were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Seabridge | SA +4.72% $7.55 |
2. Northern Dynasty | NAK +3.25% $1.27 |
3. Tanzanian Royalty | TRX +2.65% $1.94 |
LOSERS
1. DRDGOLD | DRD -9.69% $3.82 |
2. Gold Fields | GFI -4.00% $3.36 |
3. Alexco | AXU -3.88% $1.24 |
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 2013
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