-- Published: Tuesday, 9 June 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1176.50 | +$2.50 |
Silver | $15.98 | -$0.04 |
XAU | 67.55 | -0.84% |
HUI | 159.16 | -0.86% |
GDM | 521.26 | -0.97% |
JSE Gold | 1077.82 | +61.76 |
USD | 95.17 | -0.05 |
Euro | 112.82 | -0.04 |
Yen | 80.43 | +0.12 |
Oil | $60.14 | +$2.00 |
10-Year | 2.417% | +0.036 |
Bond | 150.375 | -1.1875 |
Dow | 17764.04 | -0.01% |
Nasdaq | 5013.86 | -0.15% |
S&P | 2080.15 | +0.04% |
The Metals:
Gold climbed $8.91 to $1182.91 at about 8AM EST before it fell back off in the next couple of hours of trade, but it still ended with a gain of 0.21%. Silver rose to as high as $16.191 before it also fell back off and ended with a loss of 0.25%.
Euro gold rose above €1043, platinum gained $4 to $1104, and copper climbed a couple of cents to about $2.72.
Gold and silver equities rose over 1% in the first 20 minutes of trade, but they then fell back off for most of the rest of trade and ended with almost 1% losses.
The Economy:
Report | For | Reading | Expected | Previous |
Wholesale Inventories | April | 0.4% | 0.2% | 0.2% |
JOLTS - Job Openings | April | 5.367M | - | 5.109M |
U.S. small business confidence rises to five-month high Reuters
Tomorrow brings the Treasury Budget for May expected at -$85.0 billion.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil rose over 3% ahead of tomorrow’s inventory data.
The U.S. dollar held onto yesterday’s notable drop.
Treasuries saw slight losses as the Dow, Nasdaq, and S&P traded mixed on uncertainty about interest rates.
Among the big names making news in the market today were Sony, HSBC, GM, GE, Southwest Airlines, and Societe Generale.
GATA Posts:
Dave Kranzler: A derivatives bomb exploded within the last two weeks
The global monetary phenomenon that almost no one is seriously discussing
The Statistics:
Activity from: 6/8/2015
Gold Warehouse Stocks: | 7,903,214.415 | +18,212.757 |
Silver Warehouse Stocks: | 178,729,330.943 | -145,664.13 |
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 | 708.698 | 22,785,357 | US$26,813m |
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$5,231m |
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$5,776m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$423m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 28.37 | 912,160 | US$1,074m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 167.01: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,046.46: +105.51 change from yesterday’s data.
The Miners:
Pretivm’s (PVG) project update, Kinross Gold’s (KGC) partnership with Project C.U.R.E., Exeter’s (XRA) water exploration drilling program, and Kirkland’s (KGI.TO) drill results were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. AngloGold | AU +6.65% $9.30 |
2. IAMGOLD | IAG +3.70% $2.24 |
3. Freeport | FCX +3.20% $20.02 |
LOSERS
1. Newmont | NEM-5.44% $24.41 |
2. B2Gold | BTG -4.68% $1.63 |
3. Coeur | CDE -4.51% $5.29 |
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: Tuesday, 9 June 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver End Mixed Again
