-- Published: Thursday, 11 June 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1181.50 | -$4.70 |
Silver | $16.04 | +$0.01 |
XAU | 67.12 | -1.97% |
HUI | 157.18 | -2.17% |
GDM | 518.29 | -1.55% |
JSE Gold | 1055.64 | -25.75 |
USD | 94.90 | +0.35 |
Euro | 112.75 | -0.50 |
Yen | 81.08 | -0.44 |
Oil | $60.77 | -$0.66 |
10-Year | 2.383% | -0.095 |
Bond | 151.78125 | +2.3125 |
Dow | 18039.37 | +0.22% |
Nasdaq | 5082.50 | +0.11% |
S&P | 2108.86 | +0.17% |
The Metals:
Gold fell $9.22 to $1176.98 at about 8:30AM EST before it jumped up to $1185.20 in the next 15 minutes of trade and then drifted back lower into midday, but it then bounced back higher in afternoon trade and ended with a loss of just 0.4%. Silver slipped to as low as $15.837 before it also rallied back higher in late trade and ended with a gain of 0.06%.
Euro gold rose above €1048, platinum lost $7 to $1105, and copper dropped 7 cents to about $2.68.
Gold and silver equities fell about 2% by late morning and remained near that level for the rest of the day.
The Economy:
Report | For | Reading | Expected | Previous |
Retail Sales | May | 1.2% | 1.1% | 0.2% |
Retail Sales ex-auto | May | 1.0% | 0.7% | 0.1% |
Export Prices | May | 0.6% | - | -0.7% |
Export Prices ex-ag. | May | 0.7% | - | -0.7% |
Import Prices | May | 1.3% | - | -0.2% |
Import Prices ex-oil | May | 0.0% | - | -0.3% |
Initial Claims | 6/06 | 279K | 278K | 277K |
Business Inventories | April | 0.4% | 0.2% | 0.1% |
30-year mortgage rate rises to eight-month high MarketWatch
Tomorrow brings PPI and Michigan Sentiment.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell as the U.S. dollar rose on decent economic data and worries about Greece that sent treasuries higher.
The Dow, Nasdaq, and S&P ended with only modest gains as optimism about economic data was offset by concerns about Greece.
Among the big names making news in the market today were Lululemon, Hess, Pimco, and Whole Foods.
GATA Posts:
Justice Department looks for rigging in Treasuries, gold, silver, oil
The Statistics:
Activity from: 6/10/2015
Gold Warehouse Stocks: | 8,058,891.243 | +167,776.351 |
Silver Warehouse Stocks: | 179,712,165.962 | +611,623.364 |
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 | 704.225 | 22,641,525 | US$26,668m |
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$5,240m |
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$5,792m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$424m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 28.37 | 912,140 | US$1,075m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 1.491 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 167.01: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,168.31: +86.19 change from yesterday’s data.
The Miners:
Eurasian’s (EMXX) stock options, Goldcorp’s (GG) credit facility, and Solitario’s (XPL) project sale were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Endeavour Silver | EXK +4.39% $2.14 |
2. Avino | ASM +1.82% $1.12 |
3. Fortuna | FSM +1.07% $3.78 |
LOSERS
1. Paramount | PZG -5.63% $1.51 |
2. Yamana | AUY -5.26% $3.24 |
3. NovaGold | NG -5.00% $3.80 |
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
- Would you like to receive the Free Daily Gold Seeker Report in your e-mail? Click here
Additional Resources for today’s Gold Seeker Report can be found:
© Gold Seeker 2015
Note: This article may be reproduced provided the article, in full, is used and mention to Gold-Seeker.com is given.
Disclosure: The owner, editor, writer and publisher and their associates are not responsible for errors or omissions. The author of this report is not a registered financial advisor. Readers should not view this material as offering investment related advice. Gold-Seeker.com has taken precautions to ensure accuracy of information provided. Information collected and presented are from what is perceived as reliable sources, but since the information source(s) are beyond Gold-Seeker.com’s control, no representation or guarantee is made that it is complete or accurate. The reader accepts information on the condition that errors or omissions shall not be made the basis for any claim, demand or cause for action. Past results are not necessarily indicative of future results. Any statements non-factual in nature constitute only current opinions, which are subject to change. Nothing contained herein constitutes a representation by the publisher, nor a solicitation for the purchase or sale of securities & therefore information, nor opinions expressed, shall be construed as a solicitation to buy or sell any stock, futures or options contract mentioned herein. Investors are advised to obtain the advice of a qualified financial & investment advisor before entering any financial transaction.
| Digg This Article
-- Published: Thursday, 11 June 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver End Mixed
