-- Published: Monday, 23 June 2014 | Print | Disqus
| Close | Gain/Loss |
Gold | $1317.50 | +$3.00 |
Silver | $20.88 | +$0.02 |
XAU | 100.27 | +1.76% |
HUI | 240.13 | +1.61% |
GDM | 726.79 | +1.55% |
JSE Gold | 1476.44 | -8.48 |
USD | 80.27 | -0.07 |
Euro | 136.02 | +0.03 |
Yen | 98.13 | +0.15 |
Oil | $106.17 | -$0.66 |
10-Year | 2.623% | -0.001 |
Bond | 135.375 | +0.03125 |
Dow | 16937.26 | -0.06% |
Nasdaq | 4368.67 | +0.01% |
S&P | 1962.61 | -0.01% |
The Metals:
Gold edged up to $1316.88 in Asia before it dropped back to $1310.44 in London and then rose to as high as $1317.95 in late morning New York trade, but it then dropped back off in early afternoon trade and ended with a gain of just 0.23%. Silver slipped to $20.761 before it rallied back to $20.928 and then also fell back off, but it still ended with a gain of 0.10%.
Euro gold rose to about €967, platinum remained at $1452, and copper climbed a couple of cents to about $3.14.
Gold and silver equities rose over 1% about an hour into trade and remained near that level for the rest of the day.
The Economy:
Report | For | Reading | Expected | Previous |
Existing Home Sales | May | 4.89M | 4.80M | 4.66M |
U.S. manufacturing expands in June at fastest rate in four years: Markit Reuters
Tomorrow brings the Case-Shiller 20-city Index, the FHFA Housing Price Index, New Home Sales, and Consumer Confidence.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell “after a report that Iraqi forces regained control of border crossings with Syria and Jordan.”
The U.S. dollar index saw slight losses ahead of this week’s more significant economic data.
Treasuries rose as the Dow, Nasdaq, and S&P traded mostly lower on worries about the economy.
Among the big names making news in the market today were Honda, Oracle, Wisconsin Energy and Integrys, and AbbVie.
GATA Posts:
German gold repatriation leader disputes Bloomberg story
Bill Holter: Everybody in authority knows what GATA knows
The Statistics:
Activity from: 6/20/2014
Gold Warehouse Stocks: | 8,273,679.225 | - |
Silver Warehouse Stocks: | 175,469,832.458 | +990,858.25 |
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) AND Mexico Stock Exchange (BMV) | SPDR® Gold Shares | 782.620 | 25,162,031 | US$33,039m |
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$5,847m |
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$472m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 41.68 | 1,339,954 | US$1,709m |
COMEX Gold Trust (IAU) Total Tonnes in Trust: 163.20.
Silver Trust (SLV) Total Tonnes in Trust: 10,181.34.
The Miners:
Seabridge Gold’s (SA) agreement with the Gitanyow Wilps, Timmins Gold’s (TGD) nomination of four new, highly-qualified mining industry professionals, Rubicon’s (RBY) drill results, Solitario’s (XPL) initial resource estimate, and Avino’s (ASM) reopened mill circuit were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Timmins Gold | TGD +15.29% $1.81 |
2. Mines Management | MGN +11.22% $1.09 |
3. Pretivm | PVG +6.78% $8.03 |
LOSERS
1. Avino | ASM -4.84% $2.36 |
2. Golden Minerals | AUMN-4.72% $1.21 |
3. Turquoise | TRQ -3.82% $3.69 |
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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-- Published: Monday, 23 June 2014 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver End Slightly Higher
