-- Posted Monday, 17 June 2013 | | Disqus
| Close | Gain/Loss |
Gold | $1383.70 | -$6.70 |
Silver | $21.83 | -$0.23 |
XAU | 103.01 | +0.45% |
HUI | 262.10 | +0.35% |
GDM | 778.45 | +0.20% |
JSE Gold | 1432.01 | +14.60 |
USD | 80.56 | -0.08 |
Euro | 133.69 | +0.23 |
Yen | 105.86 | -0.55 |
Oil | $97.77 | -$0.08 |
10-Year | 2.171% | +0.045 |
T-Bond | 140.71875 | -0.59375 |
Dow | 15179.85 | +0.73% |
Nasdaq | 3452.13 | +0.83% |
S&P | 1639.04 | +0.76% |
The Metals:
Gold fell $9.70 to $1380.70 at about 8:30AM EST before it bounced back higher into the close, but it still ended with a loss of 0.48%. Silver slipped to as low as $21.672 and ended with a loss of 1.04%.
Euro gold fell to about €1034, platinum closed at $1429.25, and copper fell to about $3.20.
Gold and silver equities waffled near unchanged and ended with slight gains.
The Economy:
Report | For | Reading | Expected | Previous |
Empire Manufacturing | June | 7.8 | 0.8 | -1.4 |
NAHB Housing Market Index | June | 52 | 45 | 44 |
Tomorrow brings CPI, Housing Starts, and Building Permits.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil erased early gains as the U.S. dollar index rose on better than expected economic data that sent treasuries lower and the Dow, Nasdaq, and S&P higher throughout the morning, but stocks then pared their gains in the last couple of hours of trade and the dollar turned lower after some mixed remarks from the FT about what Bernanke may say at the conclusion of this Wednesday’s fed meeting.
Among the big names making news in the market today were Airbus, Apple, ICE and NYSE, Rockwood and Cinven, and Johnson & Johnson.
GATA Posts:
Jeff Nielson: Gold-bashing mythology hits new crescendo
Bitcoin is 'real currency,' CFTC's Chilton tells Yahoo's 'Daily Ticker'
University of Michigan sells inside information, screwing small investors
Jeff Nielson: World Gold Council betrays gold investors
The Statistics:
As of close of business: 6/14/2013
Gold Warehouse Stocks: | 7,706,176.835 | +11,975.955 |
Silver Warehouse Stocks: | 164,579,584.792 | -538,576.075 |
Global Gold ETF Holdings
[WGC Sponsored ETF’s]
| Product name | Total Tonnes | Total Ounces | Total Value |
New York Stock Exchange Arca (NYSE Arca) AND Singapore Exchange (SGX) AND Tokyo Stock Exchange (TSE) AND Hong Kong Stock Exchange (HKEx) | SPDR® Gold Shares | 1003.533 | 32,264,597 | US$44,650m |
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) | Gold Bullion Securities | 138.13 | 4,441,056 | US$6,147m |
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) AND NYSE Euronext Amsterdam | ETFS Physical Gold | 152.66 | 4,908,200 | US$8,004m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$496m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 42.45 | 1,364,715 | US$2,214m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 6.314 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 186.33: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,998.93: No change from yesterday’s data.
The Miners:
Orvana’s (ORV.TO) damaged mine hoist, Nevsun’s (NSU) updated guidance, Richmont’s (RIC) senior credit facility, and Bear Creek’s (BCM.V) new officers were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Golden Minerals | AUMN +18.47% $1.86 |
2. Banro | BAA +5.71% $1.11 |
3. Gold Resource | GORO +5.36% $10.03 |
LOSERS
1. Alexco | AXU -10.61% $1.18 |
2. Nevsun | NSU -8.67% $3.16 |
3. Mag Silver | MVG -7.51% $7.02 |
Winners & Losers tracks NYSE and AMEX listed gold and silver mining stocks that trade over $1.
Please see Yahoo’s Mining/Metals News Wire for all of today’s mining news.
- Chris Mullen, Gold Seeker Report
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-- Posted Monday, 17 June 2013 | Digg This Article
| Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Fall Slightly
