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Gold Market

Discussion in 'Forex Daily News & Outlook' started by MTnews, Aug 11, 2008.

  1. MTnews

    MTnews Content Contributor

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    Daily Market Commentary for August 11, 2008 from Millennium-Traders.Com

    A rising dollar and falling oil prices equal a rising stock market as well as, falling Gold market. Gold tumbled lower today with a posted loss of over $36. (read more)

    At the NYSE closing bell on the New York Stock Exchange, here is how the major world indices and major U.S. stock indices ended the session on the world market as well as the emerging markets including the stock market closing bell price:
    DOW (Dow Jones Industrial Average) gain of 47.46 points on the day to end the trading session at 11,781.78
    NYSE (New York Stock Exchange) gain of 32.62 points to end the trading session at 8,492.94
    NASDAQ gain of 25.85 points to end the trading session at 2,439.95
    S&P 500 gain of 9.00 points to end the trading session at 1,305.32
    FTSE All-World excluding - U.S. gain of 1.08 points to end the trading session at 224.72
    FTSE RAFI 1000 gain of 45.85 points to end the trading session at 5,158.61
    BEL 20 (BEL20) gain of 35.52 points to end the trading session at 3,103.96
    CAC 40 (CAC40) gain of 46.64 points to end the trading session at 4,538.49
    FTSE100 (UKX100) gain of 52.6 points to end the trading session at 5,541.80
    NIKKEI 225 (NIK/O) triple digit gain of 262.5 points on the day to end the trading session at 13,430.91

    New York Stock Exchange (NYSE) stock market indicators for the day:
    Advanced stock prices 1,950; declined stock prices 1,213; unchanged stock prices 105; stock prices hitting new highs 73 and stock prices hitting new lows 52.
    NYSE quotes for volatile stocks and market trends, as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the New York Stock Exchange stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living: Agrium Incorporated (NYSE: AGU) stock price shed 3.90 points on the trading session, high on the trading session $79.19, low on the trading session $72.76 for a closing stock price at $74.63; Peabody Energy Corporation (NYSE: BTU) stock price shed 3.39 points on the trading session, high on the trading session $59.82, low on the trading session $53.22 for a closing stock price at $55.19; Fannie Mae (NYSE: FNM) stock price shed 0.65 points on the trading session, high on the trading session $9.10, low on the trading session $8.08 for a closing stock price at $8.40; Ultrashort Financial Corporation (NYSE: SKF) stock price shed 4.40 points on the trading session, high on the trading session $117.24, low on the trading session $106.45 for a closing stock price at $110.75; United States Steel Corporation (NYSE: X) stock price shed 9.24 points on the trading session, high on the trading session $138.30, low on the trading session $126.60 for a closing stock price at $128.46; Potash Corporation Saskatchewan (NYSE: POT) stock price shed 10.60 points on the trading session, high on the trading session $171.18, low on the trading session $156.95 for a closing stock price at $160.91; Terra Industries Incorporated (NYSE: TRA) stock price shed 1.67 points on the trading session, high on the trading session $46.15, low on the trading session $42.05 for a closing stock price at $43.65; Monsanto Company (NYSE: MON) stock price gained 0.22 points on the trading session, high on the trading session $109.35, low on the trading session $104.10 for a closing stock price at $107.88; MasterCard Incorporated (NYSE: MA) stock price gained 3.02 points on the trading session, high on the trading session $240.35, low on the trading session $232.01 for a closing stock price at $235.15; CF Industries Holdings Incorporated (NYSE: CF) stock price shed 9.32 points on the trading session, high on the trading session $136.30, low on the trading session $120.00 for a closing stock price at $125.33.

    National Association of Securities Dealers Automated Quotations (NASDAQ) stock market indicators today:
    Advanced stock prices 1,998; declined stock prices 889; unchanged stock prices 123; stock prices hitting new highs 101; stock prices hitting new lows 89.
    NASDAQ quotes, volatile stocks and market trends, as well as stock quotes, stock prices and stock symbols of Day Trading Stock Picks on the NASDAQ stock market for Day Trading online and active Day Trading for those who are or would like to be Day Trading for a living: AgFeed Industries Incorporated (NasdaqGS: FEED) stock price gained 0.04 points on the trading session, high on the trading session $15.00, low on the trading session $12.53 for a closing stock price at $12.60; Baidu.com Incorporated (NasdaqGS: BIDU) stock price shed 15.86 points on the trading session, high on the trading session $316.78, low on the trading session $301.78 for a closing stock price at $303.40; Cardiome Pharma Corporation (NasdaqGS: CRME) stock price shed 2.15 points on the trading session, high on the trading session $10.13, low on the trading session $7.76 for a closing stock price at $9.80; Wynn Resorts Limited (NasdaqGS: WYNN) stock price gained 6.15 points on the trading session, high on the trading session $119.74, low on the trading session $107.00 for a closing stock price at $113.75; Apple Incorporated (NasdaqGS: AAPL) stock price gained 3.75 points on the trading session, high on the trading session $176.50, low on the trading session $169.67 for a closing stock price at $173.30; First Solar Incorporated (NasdaqGS: FSLR) stock price shed 5.87 points on the trading session, high on the trading session $262.57, low on the trading session $243.03 for a closing stock price at $252.00; Google Incorporated (NasdaqGS: GOOG) stock price gained 6.39 points on the trading session, high on the trading session $508.88, low on the trading session $491.78 for a closing stock price at $501.40.

    Market trends on the American Stock Exchange (AMEX) and stock market indicators for today:
    Advanced stock prices 656; declined stock prices 537; unchanged stock prices 85; stock prices hitting new highs 16; stock prices hitting new lows 63.

    Chicago Board of Trade Futures Market activity for the day, at time of this posting for September 2008 Contracts:
    E-mini S&P 500 (ES) end of day price 1,305.50 change 13.25
    E-mini NASDAQ-100 (NQ) end of day price 1,943.75, change 20.00
    E-mini S&P SmallCap 600 (SMP) end of day price 395.80, change 10.20
    $5 DJIA (YM) end of day price 11,768, change 81

    World Currencies for the Forex Market, for Forex Trading by active Forex Traders, at time of this posting:
    Euro 0.6712 to U.S. Dollars 1.4899
    Japanese Yen 110.16 to U.S. Dollars 0.0091
    British Pound 0.5236 to U.S. Dollars 1.9097
    Canadian Dollar 1.0693 to U.S. Dollars 0.9352
    Swiss Franc 1.0870 to U.S. Dollars 0.920

    Commodity Markets:
    Energy Sector: Light Crude (NYMEX: NYM) shed $0.75 on the day for a closing price of $114.45 a barrel ($US per barrel)
    Heating Oil (NYMEX: NYM) shed $0.01 on the day for a closing price of $3.12 a gallon ($US per gallon)
    Natural Gas (NYMEX: NYM) gained $0.09 on the day for a closing price of $8.42 per million BTU ($US per mmbtu.)
    Unleaded Gas (NYMEX: NYM) shed $0.02 on the day for a closing price of $2.87 a gallon ($US per gallon)

    Metals Markets:
    Gold Market Price (COMEX: CMX) shed $36.50 on the day for a closing price of $828.30 ($US per Troy ounce)
    Silver (COMEX: CMX) shed $0.71 on the day for a closing price of $14.62 ($US per Troy ounce)
    Platinum (NYMEX: NYM) shed $24.10 on the day for a closing price of $1,535.50 ($US per Troy ounce)
    Copper (COMEX: CMX) shed $0.04 on the day for a closing price of $3.29 ($US per pound)

    Livestock and Meat Markets (cents per lb.):
    Lean Hogs (Chicago Mercantile Exchange: CME) shed 0.70 on the day for a closing price of 77.20
    Pork Bellies (Chicago Mercantile Exchange: CME) gained 3.00 on the day for a closing price of 96.28
    Live Cattle (Chicago Mercantile Exchange: CME) gained 0.38 on the day for a closing price of 106.83
    Feeder Cattle (Chicago Mercantile Exchange: CME) gained 0.18 on the day for a closing price of 116.73

    Other Commodities (cents per bushel):
    Corn (Chicago Board of Trade: CBT) shed 1.25 on the day for a closing price of 517.00
    Soybeans (Chicago Board of Trade: CBT) gained 15.50 on the day for a closing price of 1,196.00

    Bond Market:
    2 year bond shed 4/32 on the day for a closing price of 100 11/32 with a Yield of 2.55, Yield Change +0.05
    5 year bond shed 10/32 on the day for a closing price of 100 15/32 with a Yield of 3.26, Yield Change +0.07
    10 year bond shed 18/32 on the day for a closing price of 99 31/32 with a Yield of 4.00, Yield Change +0.07
    30 year bond gained 1 4/32 on the day for a closing price of 98 6/32 with a Yield of 4.61, Yield Change -0.07

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