Yellow metal lost around 4.5% during the day, amid the release of whole sales data, when the U.S. Census Bureau announced today that November 2013 sales of merchant wholesalers, except manufacturers’ sales branches and offices, after adjustment for seasonal variations and trading-day differences but not for price changes, were $440.1 billion, up 1.0% from the revised October level and were up 5.5% from the November 2012 level. The October preliminary estimate was revised upward $0.6 billion or 0.1%.
November sales of durable goods were down 0.4% from last month, but were up 4.0% from a year ago. While total inventories, were $516.4 billion at the end of November, up 0.5% from the revised October level and were up 3.3% from the November 2012 level. The October preliminary estimate was revised downward $0.3 billion or 0.1% t. November inventories of durable goods were up 0.5% last month and were up 4.2% from a year ago.