-- Published: Monday, 11 May 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1183.40 | -$5.10 |
Silver | $16.28 | -$0.20 |
XAU | 72.38 | -0.11% |
HUI | 176.29 | +0.17% |
GDM | 554.74 | +0.32% |
JSE Gold | 1217.72 | +2.74 |
USD | 95.04 | +0.27 |
Euro | 111.53 | -0.51 |
Yen | 83.25 | -0.22 |
Oil | $59.25 | -$0.14 |
10-Year | 2.274% | +0.124 |
Bond | 153.28125 | -2.9375 |
Dow | 18105.17 | -0.47% |
Nasdaq | 4993.57 | -0.20% |
S&P | 2105.33 | -0.51% |
The Metals:
Gold edged up to $1191.53 by a little after 8AM EST before it dived down to $1179.09 in late morning New York trade, but it then climbed back higher into the close and ended with a loss of just 0.43%. Silver slipped to as low as $16.215 and ended with a loss of 1.21%.
Euro gold rose above 1061, platinum lost $16 to $1124, and copper fell slightly to about $2.91.
Gold and silver equities waffled near unchanged and ended mixed.
The Economy:
There were no major economic reports today. Tomorrow brings the Treasury Budget for April expected at $155 billion.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil ended with a minor loss in quiet trade.
The U.S. dollar rose as the euro fell on worries about Greece.
Treasuries followed European bonds lower.
The Dow, Nasdaq, and S&P fell on concerns about Greece.
Among the big names making news in the market today were Dish, Comcast, Tesco, Noble, and Citigroup.
GATA Posts:
Big banks finalize $6 billion-plus settlements on FX rigging
The Statistics:
Activity from: 5/8/2015
Gold Warehouse Stocks: | 7,718,386.684 | +32,526.045 |
Silver Warehouse Stocks: | 176,310,362.685 | +1,399,757.991 |
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 | 728.325 | 23,416,364 | US$27,833m |
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$5,246m |
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$5,793m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$425m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 28.67 | 921,679 | US$1,094m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 10.74 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 166.14: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,035.93: No change from yesterday’s data.
The Miners:
Midway’s (MDW) modeling work, Crocodile Gold’s (CRK.TO) first quarter results, Turquoise Hill’s (TRQ) election of directors, McEwen’s (MUX) first quarter results, Vista Gold’s (VGZ) first quarter results, and AngloGold’s (AU) first quarter results were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. McEwen | MUX +3.03% $1.02 |
2. Hecla | HL +2.67% $3.08 |
3. Coeur | CDE +2.44% $5.45 |
LOSERS
1. DRDGOLD | DRD -3.23% $1.80 |
2. Sandstorm | SAND -2.90% $3.35 |
3. Richmont | RIC -1.51% $3.27 |
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, 11 May 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Fall With Stocks
