-- Published: Monday, 21 July 2014 | Print | Disqus
| Close | Gain/Loss |
Gold | $1312.90 | +$2.40 |
Silver | $20.94 | +$0.09 |
XAU | 101.92 | -0.05% |
HUI | 242.30 | -0.10% |
GDM | 741.50 | -0.10% |
JSE Gold | 1560.46 | +26.12 |
USD | 80.56 | +0.02 |
Euro | 135.23 | UNCH |
Yen | 98.64 | -0.03 |
Oil | $104.59 | +$1.46 |
10-Year | 2.474% | -0.010 |
Bond | 138.40625 | +0.34375 |
Dow | 17051.73 | -0.28% |
Nasdaq | 4424.70 | -0.17% |
S&P | 1973.63 | -0.23% |
The Metals:
Gold edged down to $1307.96 in early Asian trade before it jumped up to $1318.17 at about 8AM EST and then fell back to $1310.44 by late morning in New York, but it then bounced back higher in afternoon trade and ended with a gain of 0.18%. Silver rose to as high as $21.105 and ended with a gain of 0.43%.
Euro gold rose to about €970, platinum gained $27 to $1485, and copper climbed a penny to about $3.20.
Gold and silver equities fell over 1% by midday, but they then edged back higher in the last couple of hours of trade and ended with only modest losses.
The Economy:
There were no major economic reports today. Tomorrow brings CPI, the FHFA Housing Price Index, and Existing Home Sales.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil rose, the U.S. dollar index saw modest gains, and treasuries traded notably higher as the Dow, Nasdaq, and S&P fell on geopolitical concerns, but stocks did erase most of their significant early losses by the close.
Among the big names making news in the market today were CBS outdoor and Van Wagner, Tiffany, Barclays, Samsung, Yum, McDonalds, Halliburton, and Severstal.
GATA Posts:
Koos Jansen: Chinese wholesale gold demand year to date is nearly 1,000 tonnes
UK's Serious Fraud Office to launch criminal probe into forex rigging
GATA needs help, so please consider buying a T-shirt
Gene Arensberg: Futures trading positions hint at strong rises for gold, silver
The Statistics:
Activity from: 7/18/2014
Gold Warehouse Stocks: | 8,486,920.367 | -128.60 |
Silver Warehouse Stocks: | 175,647,891.310 | +1,287,368.11 |
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 | 805.136 | 25,885,930 | US$33,829m |
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$5,825m |
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$471m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 41.89 | 1,346,913 | US$1,752m |
Note: Change in Total Tonnes from yesterday’s data: SPDR added 1.796 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 165.06: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,038.52: No change from yesterday’s data.
The Miners:
Pretivm’s (PVG) preliminary prospectus supplement, Randgold’s (GOLD) progress towards its production target, Midway’s (MDW) closed finance facility, Sandstorm’s (SAND) amended revolving credit agreement, Northern Dynasty’s (NAK) response to an EPA proposal, Pan American’s (PAAS) settled strike, MAG Silver’s (MVG) assay results, and Coeur’s (CDE) updated mine plan were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Endeavour Silver | EXK +3.54% $6.15 |
2. Great Panther | GPL +3.23% $1.28 |
3. Tanzanian Royalty | TRX +3.12% $2.31 |
LOSERS
1. SilverCrest | SVLC -4.11% $2.09 |
2. Pretivm | PVG -3.97% $7.89 |
3. Comstock | LODE -3.05% $1.59 |
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, 21 July 2014 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Gain With Bonds and Oil
