OT - Gold and Silver Gain About 1%
posted on
Feb 13, 2014 10:22PM
Building Value through Production, Expansion, and Discovery
Close |
Gain/Loss |
|
Gold |
$1301.70 |
+$10.80 |
Silver |
$20.51 |
+$0.31 |
XAU |
99.56 |
+3.76% |
HUI |
236.87 |
+3.73% |
GDM |
715.92 |
+3.76% |
JSE Gold |
1432.34 |
-18.99 |
USD |
80.29 |
-0.40 |
Euro |
136.79 |
+0.84 |
Yen |
97.85 |
+0.30 |
Oil |
$100.35 |
-$0.02 |
10-Year |
2.736% |
-0.027 |
Bond |
133.03125 |
+0.78125 |
Dow |
16027.59 |
+0.40% |
Nasdaq |
4240.67 |
+0.94% |
S&P |
1829.83 |
+0.58% |
The Metals:
Gold edged down to $1286.47 in late Asian trade, but it then climbed to a high as $1302.58 in New York and ended with a gain of 0.84%. Silver rose to as high as $20.528 and ended with a gain of 1.53%.
Euro gold climbed to over €951, platinum gained $11 to $1414, and copper fell slightly to about $3.25.
Gold and silver equities rose throughout most of trade and ended with over 3.7% gains.
Report |
For |
Reading |
Expected |
Previous |
Initial Claims |
2/08 |
339K |
335K |
331K |
Retail Sales |
Jan |
-0.4% |
0.0% |
-0.1% |
Retail Sales ex-auto |
Jan |
0.0% |
0.1% |
0.3% |
Business Inventories |
Dec |
0.5% |
0.4% |
0.4% |
U.S. 30-Year Mortgage Rates Increase to 4.28% Bloomberg
Tomorrow brings Export and Import Prices, Industrial Production, Capacity Utilization, and Michigan Sentiment.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil closed barely lower in mixed trade.
The U.S. dollar index fell on poor economic data that sent treasuries higher.
The Dow, Nasdaq, and S&P reversed early losses and ended with decent gains on earnings reports and a big takeover deal.