-- Published: Monday, 18 May 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1225.30 | +$0.40 |
Silver | $17.68 | +$0.15 |
XAU | 74.86 | -0.35% |
HUI | 180.54 | -0.40% |
GDM | 574.38 | -0.04% |
JSE Gold | 1205.13 | -6.52 |
USD | 94.19 | +0.94 |
Euro | 113.09 | -1.52 |
Yen | 83.33 | -0.37 |
Oil | $59.43 | -$0.26 |
10-Year | 2.228% | +0.087 |
Bond | 153.4375 | -2.15625 |
Dow | 18298.88 | +0.14% |
Nasdaq | 5078.43 | +0.60% |
S&P | 2129.20 | +0.30% |
The Metals:
Gold gained $7.29 to $1232.19 at about 2:30AM EST before it fell back to $1222.83 in the next 8 hours of trade, but it then bounced back higher in late morning New York trade and ended with a gain of 0.03%. Silver rose to as high as $17.771 and ended with a gain of 0.86%.
Euro gold rose to about €1083, platinum gained $8 to $1172, and copper fell 2 cents to about $2.91.
Gold and silver equities waffled near unchanged and ended slightly lower.
The Economy:
Report | For | Reading | Expected | Previous |
NAHB Housing Market Index | May | 54 | 57 | 56 |
Tomorrow brings Housing Starts and Building Permits.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil ended slightly lower in mixed trade as signs of a recovery in US shale production were offset by geopolitical fears.
The U.S. dollar climbed about 1% higher as the euro fell markedly on worries about Greece.
Treasuries fell as the Dow and S&P rose to new record highs on easing concerns about interest rates.
Among the big names making news in the market today were Endo, Scotiabank, Bank of America, and Intel.
GATA Posts:
'Informal' mining means gold price is too low to protect miners, environment
Book review: 'The Floating Kilogram' -- the Federalist Papers for a gold standard
PwC’s New York Fed hire said to spur secrecy concerns at Goldman
'Central banks aren't trading the gold market the way they used to'
Save the rhinos: Create a futures market for their horns and have the NY Fed short it
To central bankers, these deaths are just collateral damage of currency market rigging
Obama seeks to keep U.S. veto at IMF as China's influence is expanded
The Statistics:
Activity from: 5/15/2015
Gold Warehouse Stocks: | 7,792,944.895 | +4,500.00 |
Silver Warehouse Stocks: | 177,185,232.640 | -299,996.34 |
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 | 723.911 | 23,274,469 | US$28,469m |
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$5,451m |
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$6,025m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$440m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 28.37 | 911,981 | US$1,116m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 166.14: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,925.92: -50.54 change from yesterday’s data.
The Miners:
Barrick Gold’s (ABX) change to its Board of Directors and AuRico’s (AUQ) conversion rights were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. B2Gold | BTG +4.71% $1.78 |
2. SilverCrest | SVLC +3.42% $1.21 |
3. Paramount | PZG +2.47% $1.66 |
LOSERS
1. Gold Resource | GORO-3.49% $3.32 |
2. Freeport | FCX -3.07% $22.13 |
3. Alamos | AGI -3.04% $7.01 |
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, 18 May 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Gain With Stocks
