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.
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