-- Published: Thursday, 28 May 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1188.50 | +$1.00 |
Silver | $16.70 | +$0.01 |
XAU | 69.82 | +1.56% |
HUI | 167.11 | +1.65% |
GDM | 542.23 | +0.86% |
JSE Gold | 1075.04 | +3.01 |
USD | 97.05 | -0.22 |
Euro | 109.49 | +0.49 |
Yen | 80.65 | -0.20 |
Oil | $57.68 | +$0.17 |
10-Year | 2.130% | -0.005 |
Bond | 156.25 | -0.3125 |
Dow | 18126.12 | -0.20% |
Nasdaq | 5097.97 | -0.17% |
S&P | 2120.79 | -0.13% |
The Metals:
Gold edged up to $1192.17 in Asia before it fell back to $1181.57 in London, but it then bounced back higher in New York and ended with a gain of 0.08%. Silver rose to as high as $16.78 and ended with a gain of 0.06%.
Euro gold fell to about €1086, platinum lost $2.50 to $1113, and copper remained at about $2.77.
Gold and silver equities saw slight losses into midmorning, but they then climbed back higher for most of the rest of trade and ended with about 1.5% gains.
The Economy:
Report | For | Reading | Expected | Previous |
Initial Claims | 5/23 | 282K | 274K | 275K |
Pending Home Sales | April | 3.4% | 1.0% | 1.2% |
Government Austerity Exacts Toll on U.S. Jobs, Wages and Growth Bloomberg
Tomorrow brings GDP, Chicago PMI, and Michigan Sentiment.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil turned slightly higher by the close after the Energy Information Administration reported that crude inventories fell 2.8 million barrels, gasoline inventories fell 3.3 million barrels, and distillates rose 1.1 million barrels.
The U.S. dollar and treasuries traded mixed as the Dow, Nasdaq, and S&P dropped on renewed worries about Greece.
Among the big names making news in the market today were Dollar General, Avago and Broadcom, Abercrombie, GM, and Goldman Sachs.
GATA Posts:
Forex's 'last look' practice gets curbed
Austrian central banker acknowledges general trend toward gold repatriation
Austrian central bank to repatriate some gold from London
Direxion Asset Management closing 3X leveraged gold ETF
The Statistics:
Activity from: 5/27/2015
Gold Warehouse Stocks: | 7,872,807.770 | +31,592.61 |
Silver Warehouse Stocks: | 178,715,811.243 | -27,783.10 |
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 | 715.857 | 23,015,506 | US$27,263m |
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$5,278m |
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$5,838m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$427m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 28.38 | 912,280 | US$1,081m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 166.60: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,862.00: +4.46 change from yesterday’s data.
The Miners:
WINNERS
1. Coeur | CDE +5.02% $5.44 |
2. Gold Fields | GFI +3.59% $3.46 |
3. Endeavour Silver | EXK +3.00% $2.06 |
LOSERS
1. Avino | ASM -2.61% $1.12 |
2. Turquoise | TRQ -1.82% $4.32 |
3. Royal Gold | RGLD-1.16% $64.55 |
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, 28 May 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver End Slightly Higher
