-- Published: Friday, 12 June 2015 | Print | Disqus
| Close | Gain/Loss | On Week |
Gold | $1181.00 | -$0.50 | +0.86% |
Silver | $15.94 | -$0.10 | -0.99% |
XAU | 66.54 | -0.86% | -1.73% |
HUI | 155.84 | -0.85% | -2.32% |
GDM | 514.10 | -0.75% | -1.62% |
JSE Gold | 1040.70 | -14.94 | -0.13% |
USD | 94.98 | +0.08 | -1.40% |
Euro | 112.53 | -0.06 | +1.21% |
Yen | 81.03 | +0.03 | +1.80% |
Oil | $59.96 | -$0.81 | +1.40% |
10-Year | 2.385% | +0.002 | -0.71% |
Bond | 152.00 | +0.125 | +0.43% |
Dow | 17898.84 | -0.78% | +0.28% |
Nasdaq | 5051.10 | -0.62% | -0.34% |
S&P | 2094.11 | -0.70% | +0.06% |
The Metals:
Gold edged up to $1184.26 in Asia before it fell back to $1177.38 in London and then bounced back to $1183.39 by midmorning in New York, but it still ended with a loss of 0.04%. Silver slipped to as low as $15.849 and ended with a loss of 0.62%.
Euro gold rose above €1049, platinum lost $12 to $1093, and copper remained at about $2.68.
Gold and silver equities waffled near unchanged and ended modestly lower.
The Economy:
Report | For | Reading | Expected | Previous |
PPI | May | 0.5% | 0.4% | -0.4% |
Core PPI | May | 0.1% | 0.1% | -0.2% |
Michigan Sentiment | June | 94.6 | 91.5 | 90.7 |
All of this week’s other economic reports:
Next week’s economic highlights include Empire Manufacturing, Industrial Production, Capacity Utilization, the NAHB Housing Market Index, and Net Long-Term TIC Flows on Monday, Housing Starts and Building Permits on Tuesday, a FOMC Rate Decision on Wednesday, and Initial Jobless Claims, CPI, the Current Account Balance, the Philadelphia Fed, and Leading Economic Indicators on Thursday.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell after Saudi Arabia said it stood ready to raise output to new record highs.
The U.S. dollar index erased overnight gains and ended only slightly higher on uncertainty about future interest rate policy that held treasuries near unchanged.
The Dow, Nasdaq, and S&P fell on continued concerns about Greece.
Among the big names making news in the market Friday were FedEx, Twitter, BlackRock, and Goldman Sachs.
GATA Posts:
All they had to do was monetize the gold from their own mines
Real Vision has great interview with Andrew Maguire about gold suppression
The Statistics:
Activity from: 6/11/2015
Gold Warehouse Stocks: | 8,072,671.523 | +13,780.28 |
Silver Warehouse Stocks: | 179,855,124.701 | +142,958.739 |
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$26,765m |
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$5,243m |
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$5,795m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$423m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 28.37 | 912,140 | US$1,075m |
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: 10,198.03: +29.72 change from yesterday’s data.
The Miners:
Paramount’s (PZG) board appointment and Midway’s (MDW) AGM results were among the big stories in the gold and silver mining industry making headlines Friday.
WINNERS
1. Paramount | PZG +2.65% $1.55 |
2. B2Gold | BTG +2.48% $1.65 |
3. MAG Silver | MVG +1.50% $7.46 |
LOSERS
1. Kinross | KGC -4.84% $2.36 |
2. Eldorado | EGO -3.68% $4.19 |
3. Fortuna | FSM -3.17% $3.66 |
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: Friday, 12 June 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Weekly Wrap-Up: Gold and Silver End Mixed on the Week
