-- Published: Thursday, 26 June 2014 | Print | Disqus
| Close | Gain/Loss |
Gold | $1316.20 | -$3.10 |
Silver | $21.08 | +$0.05 |
XAU | 98.88 | +0.84% |
HUI | 236.20 | +0.92% |
GDM | 717.09 | +0.86% |
JSE Gold | 1445.67 | +8.86 |
USD | 80.22 | UNCH |
Euro | 136.09 | -0.22 |
Yen | 98.32 | +0.11 |
Oil | $105.84 | -$0.66 |
10-Year | 2.525% | -0.034 |
Bond | 137.0625 | +0.5625 |
Dow | 16846.13 | -0.13% |
Nasdaq | 4379.04 | -0.02% |
S&P | 1957.22 | -0.12% |
The Metals:
Gold dropped $12.35 to $1306.95 at about 8AM EST before it jumped back to $1318.49 in the next two hours of trade and then chopped back lower, but it ended with a loss of just 0.23%. Silver slipped to as low as $20.807 before it bounced back to $21.122 and then also fell back off at times, but it still ended with a gain of 0.24%.
Euro gold fell to about €967, platinum lost $3 to $1465, and copper remained at about $3.16.
Gold and silver equities saw slight losses for most of the morning, but they then climbed back higher in early afternoon trade and ended with almost 1% gains.
The Economy:
Report | For | Reading | Expected | Previous |
Initial Claims | 6/21 | 312K | 310K | 314K |
Personal Income | May | 0.4% | 0.4% | 0.3% |
Personal Spending | May | 0.2% | 0.4% | 0.0% |
PCE Prices - Core | May | 0.2% | 0.2% | 0.2% |
Bullard Sees Fed Raising Rates in First Quarter of 2015 Bloomberg
Yellen arrives at a crossroads, and it's decision time MarketWatch
Tomorrow at 9:55AM EST brings Michigan Sentiment for June expected at 81.7.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell on the outlook for increasing exports from Iraq.
The U.S. dollar index ended unchanged in mixed trade as the yen rose after this morning’s economic data sent treasuries higher.
The Dow, Nasdaq, and S&P fell on concerns about lower than expected consumer spending.
Among the big names making news in the market today were Ikea, GoPro, Alcoa, Bed Bath & Beyond, BNP Paribas, Barclays, and Mercedes.
The Statistics:
Activity from: 6/25/2014
Gold Warehouse Stocks: | 8,263,327.245 | -128.60 |
Silver Warehouse Stocks: | 176,215,762.431 | -2,987.85 |
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 | 785.016 | 25,239,040 | US$33,094m |
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$5,840m |
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 |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 163.62: +0.42 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,148.49: No change from yesterday’s data.
The Miners:
Newmont’s (NEM) project in Peru, Turquoise Hill’s (TRQ) filed dispute with the Government of Mongolia, and Gold Resource’s (GORO) dividend were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Buenaventura | BVN +6.18% $11.33 |
2. Rubicon | RBY +4.26% $1.47 |
3. Rio Alto | RIOM +3.21% $2.25 |
LOSERS
1. Turquoise Hill | TRQ -5.28% $3.23 |
2. Tanzanian Royalty | TRX -4.42% $2.16 |
3. Golden Minerals | AUMN -3.20% $1.09 |
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: Thursday, 26 June 2014 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver End Mixed
