Gold and silver prices recorded last week one of the worst weekly performances
in 2011. Will this week continue the sharp declines in precious metals prices,
or will they recover during this week. The major news item came today from North
Korea as Kim Jong-Il died over the weekend. How if any will this news may affect
gold and silver prices? Today, the ECB President will give a speech, and
Australias Central Bank will have a monetary policy meeting and rate decision.
Currently gold and silver are traded up. Here is a market outlook of precious
metals prices for today, December 19th: Gold and Silver Prices –December
Update Gold price rallied on Friday by 1.31% to $1,597.9; silver price also rose
by 1.36% to $29.27. The chart below shows the changes of gold and silver prices
during the month (normalized gold and silver prices to November 30th 2011).
During December gold price dropped by 8.7% and silver price by 9.6%. The ratio
between gold and silver prices nearly didnt change on Friday, December 16th and
reached 53.85. During the month the ratio slightly rose by 0.9% as gold price
moderately outperformed silver price.
Monday, December 19, 2011
Todays Dow Jones Industrial Average DJIA, Nasdaq, S&P 500 Index Stock Market Investing News Today
XCSFDHG46767FHJHJF
dow2664 Although stocks ended the last trading session mostly higher, the week was negative overall. The Dow Jones Industrial Average DJIA , as well as the Nasdaq and the S&P 500, finished the week in the red overall. Specifically, the Dow Jones finished the last session in the red by 2 points at 11,866 and closed the week lower overall by 2.6 percent. The Nasdaq closed up 13 points at 2,555 but closed the week lower overall by 2.5 percent. The S&P 500 finished the day higher by 4 points at 1,220, but closed the week lower overall by approximately 3 percent. Investor worries over the eurozone debt crisis quietly pressured indices throughout the whole of last week. Investors worry that, although European leaders have presented a united front and claim to have a tangible plan to resolve the crisis, making the negative ramifications of the debt crisis dissipate will be next to impossible. Recently, ratings agency Fitch reported that more effective instruments may be needed to resolve the crisis. This spin casts doubt on the current crisis resolution plan. More news should post today regarding the teleconference set between Eurozone finance ministers. The discussion will focus on the new eurozone fiscal compact and should provide some spin for the opening day of trading today. The holiday season is upon us in the U.S. and many hope to receive some good cheer in the marketplace. Historically, the week before Christmas has skewed toward the positive. Investors will observe today to see if the market follows suit this week and spins positive, but the trading volume should remain light through the holidays. Frank Matto
Todays Gold price per ounce spot gold price per gram; Spot silver price per ounce; Gold Silver Current Commodity News
XCSFDHG46767FHJHJF
dow2664 Gold and silver price trends finished on the stronger side of break-even on the last trading session. Contract gold for December delivery was stronger by 1.54 percent at 1601.50 per troy ounce. Contract silver finished the last session stronger by 1.56 percent at 29.73 per troy ounce. The five day review of contract gold price trends is negative however as is the price trend-line for contract silver during this time frame. Gold and silver acquisitions have been weak as the euro has struggled versus other global currencies recently. Over the course of the last week, the dollar improved overall versus the euro. During the final trading session, the euro bumped higher which helped precious metal gold and silver positioning. Precious metals rallied on Friday as the Philadelphia Gold and Silver Index climbed the ladder by just over 1 percent. The session was but one glimmer of improvement compared to a noteworthy negative stretch for the gold and silver index. Prior to opening bell this morning, spot gold price per gram and spot silver price per ounce trends were posting mixed. Spot gold price per gram was higher at 51.44, but spot silver price per ounce was relative flat-line at 29.61. Camillo Zucari
BRIEF-RESEARCH ALERT-Goldman Sachs cuts AngloGold Ashanti, Randgold to sell
XCSFDHG46767FHJHJF
gol2664 Negocioenlinea BRIEF-RESEARCH ALERT-Goldman Sachs cuts AngloGold Ashanti, Randgold to sell London South East – 39 minutes ago The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Datafeed …
Top-Performing U.S.-Listed Chinese Stocks for the Week Ended Dec 18, 2011
Below are the top-performing U.S.-listed Chinese stocks for the past week.
Seaspan Corporation (NYSE:SSW) is the best-performing U.S.-listed Chinese stock
for the week. It was up 23.1% in the week. SSWs upside potential is 35.9% based
on brokerage analysts average target price of $17.88. It is trading at 61.7% of
its 52-week high of $21.33, and 28.8% above its 52-week low of $10.21. Huaneng
Power International, Inc. (ADR) (NYSE:HNP) is the second best-performing
U.S.-listed Chinese stock for the week. It was up 5.4% in the week. HNPs upside
potential is 10.9% based on brokerage analysts average target price of $23.32.
It is trading at 87.8% of its 52-week high of $23.94, and 36.1% above its
52-week low of $15.45. 21Vianet Group Inc (NASDAQ:VNET) is the third
best-performing U.S.-listed Chinese stock for the week. It was up 4.8% in the
week. VNETs upside potential is 82.0% based on brokerage analysts average target
price of $17.43. It is trading at 42.9% of its 52-week high of $22.33, and 15.3%
above its 52-week low of $8.31. Shanda Games Limited(ADR) (NASDAQ:GAME) is the
fourth best-performing U.S.-listed Chinese stock for the week. It was up 4.1% in
the week. GAMEs upside potential is 38.2% based on brokerage analysts average
target price of $6.30. It is trading at 59.2% of its 52-week high of $7.70, and
31.8% above its 52-week low of $3.46. CNinsure Inc. (ADR) (NASDAQ:CISG) is the
fifth best-performing U.S.-listed Chinese stock for the week. It was up 4.1% in
the week. CISGs upside potential is 209.7% based on brokerage analysts average
target price of $21.43. It is trading at 33.1% of its 52-week high of $20.88,
and 31.1% above its 52-week low of $5.28. Perfect World Co., Ltd. (ADR)
(NASDAQ:PWRD) is the sixth best-performing U.S.-listed Chinese stock for the
week. It was up 1.7% in the week. PWRDs upside potential is 79.1% based on
brokerage analysts average target price of $20.01. It is trading at 38.4% of its
52-week high of $29.10, and 24.1% above its 52-week low of $9.00. Semiconductor
Manufacturing Intl (ADR) (NYSE:SMI) is the seventh best-performing U.S.-listed
Chinese stock for the week. It was up 1.7% in the week. SMIs upside potential is
4.3% based on brokerage analysts average target price of $2.49. It is trading at
41.3% of its 52-week high of $5.78, and 12.7% above its 52-week low of $2.12.
Giant Interactive Group Inc (ADR) (NYSE:GA) is the eighth best-performing
U.S.-listed Chinese stock for the week. It was up 1.2% in the week. GAs upside
potential is 65.7% based on brokerage analysts average target price of $6.73. It
is trading at 43.0% of its 52-week high of $9.45, and 34.4% above its 52-week
low of $3.02. Shanda Interactive Entertainment Ltd ADR (NASDAQ:SNDA) is the
ninth best-performing U.S.-listed Chinese stock for the week. It was up 0.0% in
the week. SNDAs upside potential is 2.6% based on brokerage analysts average
target price of $41.00. It is trading at 73.8% of its 52-week high of $54.20,
and 40.6% above its 52-week low of $28.44. TAL Education Group (ADR) (NYSE:XRS)
is the 10th best-performing U.S.-listed Chinese stock for the week. It was up
0.0% in the week. XRSs upside potential is 45.3% based on brokerage analysts
average target price of $14.50. It is trading at 61.4% of its 52-week high of
$16.25, and 18.7% above its 52-week low of $8.41. NetEase.com, Inc. (ADR)
(NASDAQ:NTES) is the 11th best-performing U.S.-listed Chinese stock for the
week. It was down 0.2% in the week. NTESs upside potential is 22.5% based on
brokerage analysts average target price of $57.73. It is trading at 85.7% of its
52-week high of $55.00, and 33.9% above its 52-week low of $35.20. Ctrip.com
International, Ltd. (ADR) (NASDAQ:CTRP) is the 12th best-performing U.S.-listed
Chinese stock for the week. It was down 0.4% in the week. CTRPs upside potential
is 70.0% based on brokerage analysts average target price of $39.28. It is
trading at 45.7% of its 52-week high of $50.57, and 1.3% above its 52-week low
of $22.80. WuXi PharmaTech (Cayman) Inc. (ADR) (NYSE:WX) is the 13th
best-performing U.S.-listed Chinese stock for the week. It was down 1.0% in the
week. WXs upside potential is 59.6% based on brokerage analysts average target
price of $17.54. It is trading at 57.5% of its 52-week high of $19.10, and 1.8%
above its 52-week low of $10.80. China Kanghui Holdings (ADR) (NYSE:KH) is the
14th best-performing U.S.-listed Chinese stock for the week. It was down 1.1% in
the week. KHs upside potential is 68.3% based on brokerage analysts average
target price of $24.40. It is trading at 54.7% of its 52-week high of $26.50,
and 12.2% above its 52-week low of $12.92. Melco Crown Entertainment Ltd (ADR)
(NASDAQ:MPEL) is the 15th best-performing U.S.-listed Chinese stock for the
week. It was down 1.2% in the week. MPELs upside potential is 62.2% based on
brokerage analysts average target price of $14.75. It is trading at 56.3% of its
52-week high of $16.15, and 49.0% above its 52-week low of $6.10. China Real
Estate Information Corp (NASDAQ:CRIC) is the 16th best-performing U.S.-listed
Chinese stock for the week. It was down 1.6% in the week. CRICs upside potential
is 53.2% based on brokerage analysts average target price of $6.43. It is
trading at 42.5% of its 52-week high of $9.89, and 14.1% above its 52-week low
of $3.68. China Petroleum & Chemical Corp. (ADR) (NYSE:SNP) is the 17th
best-performing U.S.-listed Chinese stock for the week. It was down 2.0% in the
week. SNPs upside potential is 21.2% based on brokerage analysts average target
price of $123.50. It is trading at 91.0% of its 52-week high of $111.92, and
23.5% above its 52-week low of $82.50. LDK Solar Co., Ltd (ADR) (NYSE:LDK) is
the 18th best-performing U.S.-listed Chinese stock for the week. It was down
2.2% in the week. LDKs upside potential is -16.9% based on brokerage analysts
average target price of $3.70. It is trading at 29.7% of its 52-week high of
$14.97, and 74.5% above its 52-week low of $2.55. Ambow Education Holding Ltd
(ADR) (NYSE:AMBO) is the 19th best-performing U.S.-listed Chinese stock for the
week. It was down 2.6% in the week. AMBOs upside potential is 55.4% based on
brokerage analysts average target price of $10.41. It is trading at 46.5% of its
52-week high of $14.40, and 46.9% above its 52-week low of $4.56. iSoftStone
Holdings Ltd (ADR) (NYSE:ISS) is the 20th best-performing U.S.-listed Chinese
stock for the week. It was down 2.9% in the week. ISSs upside potential is 92.1%
based on brokerage analysts average target price of $16.00. It is trading at
36.8% of its 52-week high of $22.63, and 47.2% above its 52-week low of $5.66.
Seaspan Corporation (NYSE:SSW) is the best-performing U.S.-listed Chinese stock
for the week. It was up 23.1% in the week. SSWs upside potential is 35.9% based
on brokerage analysts average target price of $17.88. It is trading at 61.7% of
its 52-week high of $21.33, and 28.8% above its 52-week low of $10.21. Huaneng
Power International, Inc. (ADR) (NYSE:HNP) is the second best-performing
U.S.-listed Chinese stock for the week. It was up 5.4% in the week. HNPs upside
potential is 10.9% based on brokerage analysts average target price of $23.32.
It is trading at 87.8% of its 52-week high of $23.94, and 36.1% above its
52-week low of $15.45. 21Vianet Group Inc (NASDAQ:VNET) is the third
best-performing U.S.-listed Chinese stock for the week. It was up 4.8% in the
week. VNETs upside potential is 82.0% based on brokerage analysts average target
price of $17.43. It is trading at 42.9% of its 52-week high of $22.33, and 15.3%
above its 52-week low of $8.31. Shanda Games Limited(ADR) (NASDAQ:GAME) is the
fourth best-performing U.S.-listed Chinese stock for the week. It was up 4.1% in
the week. GAMEs upside potential is 38.2% based on brokerage analysts average
target price of $6.30. It is trading at 59.2% of its 52-week high of $7.70, and
31.8% above its 52-week low of $3.46. CNinsure Inc. (ADR) (NASDAQ:CISG) is the
fifth best-performing U.S.-listed Chinese stock for the week. It was up 4.1% in
the week. CISGs upside potential is 209.7% based on brokerage analysts average
target price of $21.43. It is trading at 33.1% of its 52-week high of $20.88,
and 31.1% above its 52-week low of $5.28. Perfect World Co., Ltd. (ADR)
(NASDAQ:PWRD) is the sixth best-performing U.S.-listed Chinese stock for the
week. It was up 1.7% in the week. PWRDs upside potential is 79.1% based on
brokerage analysts average target price of $20.01. It is trading at 38.4% of its
52-week high of $29.10, and 24.1% above its 52-week low of $9.00. Semiconductor
Manufacturing Intl (ADR) (NYSE:SMI) is the seventh best-performing U.S.-listed
Chinese stock for the week. It was up 1.7% in the week. SMIs upside potential is
4.3% based on brokerage analysts average target price of $2.49. It is trading at
41.3% of its 52-week high of $5.78, and 12.7% above its 52-week low of $2.12.
Giant Interactive Group Inc (ADR) (NYSE:GA) is the eighth best-performing
U.S.-listed Chinese stock for the week. It was up 1.2% in the week. GAs upside
potential is 65.7% based on brokerage analysts average target price of $6.73. It
is trading at 43.0% of its 52-week high of $9.45, and 34.4% above its 52-week
low of $3.02. Shanda Interactive Entertainment Ltd ADR (NASDAQ:SNDA) is the
ninth best-performing U.S.-listed Chinese stock for the week. It was up 0.0% in
the week. SNDAs upside potential is 2.6% based on brokerage analysts average
target price of $41.00. It is trading at 73.8% of its 52-week high of $54.20,
and 40.6% above its 52-week low of $28.44. TAL Education Group (ADR) (NYSE:XRS)
is the 10th best-performing U.S.-listed Chinese stock for the week. It was up
0.0% in the week. XRSs upside potential is 45.3% based on brokerage analysts
average target price of $14.50. It is trading at 61.4% of its 52-week high of
$16.25, and 18.7% above its 52-week low of $8.41. NetEase.com, Inc. (ADR)
(NASDAQ:NTES) is the 11th best-performing U.S.-listed Chinese stock for the
week. It was down 0.2% in the week. NTESs upside potential is 22.5% based on
brokerage analysts average target price of $57.73. It is trading at 85.7% of its
52-week high of $55.00, and 33.9% above its 52-week low of $35.20. Ctrip.com
International, Ltd. (ADR) (NASDAQ:CTRP) is the 12th best-performing U.S.-listed
Chinese stock for the week. It was down 0.4% in the week. CTRPs upside potential
is 70.0% based on brokerage analysts average target price of $39.28. It is
trading at 45.7% of its 52-week high of $50.57, and 1.3% above its 52-week low
of $22.80. WuXi PharmaTech (Cayman) Inc. (ADR) (NYSE:WX) is the 13th
best-performing U.S.-listed Chinese stock for the week. It was down 1.0% in the
week. WXs upside potential is 59.6% based on brokerage analysts average target
price of $17.54. It is trading at 57.5% of its 52-week high of $19.10, and 1.8%
above its 52-week low of $10.80. China Kanghui Holdings (ADR) (NYSE:KH) is the
14th best-performing U.S.-listed Chinese stock for the week. It was down 1.1% in
the week. KHs upside potential is 68.3% based on brokerage analysts average
target price of $24.40. It is trading at 54.7% of its 52-week high of $26.50,
and 12.2% above its 52-week low of $12.92. Melco Crown Entertainment Ltd (ADR)
(NASDAQ:MPEL) is the 15th best-performing U.S.-listed Chinese stock for the
week. It was down 1.2% in the week. MPELs upside potential is 62.2% based on
brokerage analysts average target price of $14.75. It is trading at 56.3% of its
52-week high of $16.15, and 49.0% above its 52-week low of $6.10. China Real
Estate Information Corp (NASDAQ:CRIC) is the 16th best-performing U.S.-listed
Chinese stock for the week. It was down 1.6% in the week. CRICs upside potential
is 53.2% based on brokerage analysts average target price of $6.43. It is
trading at 42.5% of its 52-week high of $9.89, and 14.1% above its 52-week low
of $3.68. China Petroleum & Chemical Corp. (ADR) (NYSE:SNP) is the 17th
best-performing U.S.-listed Chinese stock for the week. It was down 2.0% in the
week. SNPs upside potential is 21.2% based on brokerage analysts average target
price of $123.50. It is trading at 91.0% of its 52-week high of $111.92, and
23.5% above its 52-week low of $82.50. LDK Solar Co., Ltd (ADR) (NYSE:LDK) is
the 18th best-performing U.S.-listed Chinese stock for the week. It was down
2.2% in the week. LDKs upside potential is -16.9% based on brokerage analysts
average target price of $3.70. It is trading at 29.7% of its 52-week high of
$14.97, and 74.5% above its 52-week low of $2.55. Ambow Education Holding Ltd
(ADR) (NYSE:AMBO) is the 19th best-performing U.S.-listed Chinese stock for the
week. It was down 2.6% in the week. AMBOs upside potential is 55.4% based on
brokerage analysts average target price of $10.41. It is trading at 46.5% of its
52-week high of $14.40, and 46.9% above its 52-week low of $4.56. iSoftStone
Holdings Ltd (ADR) (NYSE:ISS) is the 20th best-performing U.S.-listed Chinese
stock for the week. It was down 2.9% in the week. ISSs upside potential is 92.1%
based on brokerage analysts average target price of $16.00. It is trading at
36.8% of its 52-week high of $22.63, and 47.2% above its 52-week low of $5.66.
Todays Dow Jones Industrial Average DJIA, Nasdaq, S&P 500 Index Stock Market Investing News Today
Although stocks ended the last trading session mostly higher, the week was
negative overall. The Dow Jones Industrial Average DJIA , as well as the Nasdaq
and the S&P 500, finished the week in the red overall. Specifically, the Dow
Jones finished the last session in the red by 2 points at 11,866 and closed the
week lower overall by 2.6 percent. The Nasdaq closed up 13 points at 2,555 but
closed the week lower overall by 2.5 percent. The S&P 500 finished the day
higher by 4 points at 1,220, but closed the week lower overall by approximately
3 percent. Investor worries over the eurozone debt crisis quietly pressured
indices throughout the whole of last week. Investors worry that, although
European leaders have presented a united front and claim to have a tangible plan
to resolve the crisis, making the negative ramifications of the debt crisis
dissipate will be next to impossible. Recently, ratings agency Fitch reported
that more effective instruments may be needed to resolve the crisis. This spin
casts doubt on the current crisis resolution plan. More news should post today
regarding the teleconference set between Eurozone finance ministers. The
discussion will focus on the new eurozone fiscal compact and should provide some
spin for the opening day of trading today. The holiday season is upon us in the
U.S. and many hope to receive some good cheer in the marketplace. Historically,
the week before Christmas has skewed toward the positive. Investors will observe
today to see if the market follows suit this week and spins positive, but the
trading volume should remain light through the holidays. Frank Matto
negative overall. The Dow Jones Industrial Average DJIA , as well as the Nasdaq
and the S&P 500, finished the week in the red overall. Specifically, the Dow
Jones finished the last session in the red by 2 points at 11,866 and closed the
week lower overall by 2.6 percent. The Nasdaq closed up 13 points at 2,555 but
closed the week lower overall by 2.5 percent. The S&P 500 finished the day
higher by 4 points at 1,220, but closed the week lower overall by approximately
3 percent. Investor worries over the eurozone debt crisis quietly pressured
indices throughout the whole of last week. Investors worry that, although
European leaders have presented a united front and claim to have a tangible plan
to resolve the crisis, making the negative ramifications of the debt crisis
dissipate will be next to impossible. Recently, ratings agency Fitch reported
that more effective instruments may be needed to resolve the crisis. This spin
casts doubt on the current crisis resolution plan. More news should post today
regarding the teleconference set between Eurozone finance ministers. The
discussion will focus on the new eurozone fiscal compact and should provide some
spin for the opening day of trading today. The holiday season is upon us in the
U.S. and many hope to receive some good cheer in the marketplace. Historically,
the week before Christmas has skewed toward the positive. Investors will observe
today to see if the market follows suit this week and spins positive, but the
trading volume should remain light through the holidays. Frank Matto
Todays Gold price per ounce spot gold price per gram; Spot silver price per ounce; Gold Silver Current Commodity News
Gold and silver price trends finished on the stronger side of break-even on the
last trading session. Contract gold for December delivery was stronger by 1.54
percent at 1601.50 per troy ounce. Contract silver finished the last session
stronger by 1.56 percent at 29.73 per troy ounce. The five day review of
contract gold price trends is negative however as is the price trend-line for
contract silver during this time frame. Gold and silver acquisitions have been
weak as the euro has struggled versus other global currencies recently. Over the
course of the last week, the dollar improved overall versus the euro. During the
final trading session, the euro bumped higher which helped precious metal gold
and silver positioning. Precious metals rallied on Friday as the Philadelphia
Gold and Silver Index climbed the ladder by just over 1 percent. The session was
but one glimmer of improvement compared to a noteworthy negative stretch for the
gold and silver index. Prior to opening bell this morning, spot gold price per
gram and spot silver price per ounce trends were posting mixed. Spot gold price
per gram was higher at 51.44, but spot silver price per ounce was relative
flat-line at 29.61. Camillo Zucari
last trading session. Contract gold for December delivery was stronger by 1.54
percent at 1601.50 per troy ounce. Contract silver finished the last session
stronger by 1.56 percent at 29.73 per troy ounce. The five day review of
contract gold price trends is negative however as is the price trend-line for
contract silver during this time frame. Gold and silver acquisitions have been
weak as the euro has struggled versus other global currencies recently. Over the
course of the last week, the dollar improved overall versus the euro. During the
final trading session, the euro bumped higher which helped precious metal gold
and silver positioning. Precious metals rallied on Friday as the Philadelphia
Gold and Silver Index climbed the ladder by just over 1 percent. The session was
but one glimmer of improvement compared to a noteworthy negative stretch for the
gold and silver index. Prior to opening bell this morning, spot gold price per
gram and spot silver price per ounce trends were posting mixed. Spot gold price
per gram was higher at 51.44, but spot silver price per ounce was relative
flat-line at 29.61. Camillo Zucari
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