-- Posted 23 May, 2011 | |
| Close | Gain/Loss |
Gold | $1515.10 | +$5.90 |
Silver | $34.90 | -$0.18 |
XAU | 197.54 | -0.88% |
HUI | 525.09 | -0.88% |
GDM | 1534.03 | -0.95% |
JSE Gold | 2592.63 | +36.07 |
USD | 76.16 | +0.53 |
Euro | 140.51 | -1.07 |
Yen | 121.96 | -0.33 |
Oil | $97.70 | -$2.40 |
10-Year | 3.134% | -0.018 |
T-Bond | 125.0625 | +0.21875 |
Dow | 12381.26 | -1.05% |
Nasdaq | 2758.90 | -1.58% |
S&P | 1317.37 | -1.19% |
The Metals:
Gold jumped to $1518.55 shortly after the open of trade in Asia before it dropped back down to $1503.76 by a little after 8AM EST, but it then rallied to as high as $1515.28 in New York and ended with a gain of 0.39%. Silver surged to $35.42 in early Asian trade before it fell back to $34.382 a little after 8AM EST and then also bounced back higher in New York, but it still ended with a loss of 0.51%.
Euro gold climbed to a new all-time high at almost €1080, platinum lost $15.50 to $1747.50, and copper fell 13 cents to about $3.99.
Gold and silver equities fell about 1.5% by late morning before they rallied back higher in afternoon trade, but they still ended with slight losses.
The Economy:
There were no major economic reports today. Tomorrow at 10AM EST brings New Home Sales for April expected at 300,000.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell as the U.S. dollar index rose on renewed sovereign debt worries that sent the euro lower.
Treasuries rose as the Dow, Nasdaq, and S&P fell over 1% on worries over Europe.
Among the big names making news in the market today were LinkedIn, J&J, and Yahoo.
GATA Posts:
Amid monetary debasement, own monetary metals, Sperandeo tells Turk
GATA nails gold market, economist and money manager Auerback says
Gene Arensberg: Precious metals setting up for rally
The Statistics:
Activity from: 5/20/2011
Gold Warehouse Stocks: | 11,163,119 | -223 |
Silver Warehouse Stocks: | 100,718,517 | -193,113 |
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) | SPDR® Gold Shares | 1201.953 | 38,644,005 | US$58,355m |
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) | Gold Bullion Securities | 115.35 | 3,708,632 | US$5,619m |
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) AND NYSE Euronext Amsterdam | ETFS Physical Gold | 126.23 | 4,058,350 | US$6,136m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 14.21 | 474,227 | US$692m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 49.58 | 1,593,959 | US$2,376m |
NASDAQ Dubai | Dubai Gold Securities | 0.154 | 4,956 | US$8m |
Note: Change in Total Tonnes from yesterday’s data: SPDR added 10.609 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 135.36 - No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,152.16 -51.57 change from yesterday’s data.
The Miners:
With Canada closed for Victoria Day, there wasn’t much happening in the gold and silver mining industry today.
WINNERS
1. Paramount | PZG +5.32% $3.17 |
2. Extorre | XG +5.31% $10.71 |
3. Gold Reserve | GRZ+3.41% $1.82 |
LOSERS
1. Kimber | KBX -6.25% $1.20 |
2. Mines MGMT | MGN -5.88% $1.92 |
3. Claude | CGR -5.07% $2.06 |
Winners & Losers tracks NYSE and AMEX listed gold and silver mining stocks that trade over $1.
All of today's gold and silver stock news:
African Queen Commences 2011 Field Program at Noyem-Nyafoman Gold Project in Ghana - More
- May 23, 2011 | Item | ShareThis
Atna Resources Reports First Quarter Results - More
- May 23, 2011 | Item | ShareThis
Platinex Reports Drilling Results on Herrick Deposit on Shining Tree Property - More
- May 23, 2011 | Item | ShareThis
U.S. Antimony Reports Mexican Mill and Exploration Progress - More
- May 23, 2011 | Item | ShareThis
Alto Group Holdings Announces the Acquisition of the Great Excelsior Mine - More
- May 23, 2011 | Item | ShareThis
Li3 Energy Closes Strategic Maricunga Acquisition and Financing Transaction - More
- May 23, 2011 | Item | ShareThis
Serabi Mining plc ("Serabi" or "the Company") 2011 Airborne Geophysical Survey Results - More
- May 23, 2011 | Item | ShareThis
- Chris Mullen, Gold Seeker Report
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© Gold Seeker 2011
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-- Posted 23 May, 2011 | |
