Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

COT Gold, Silver and US Dollar Index Report - November 17, 2017
By: GoldSeek.com

Gold Miners’ Q3’17 Fundamentals
By: Adam Hamilton, CPA

Bonfire of the Absurdities
By: John Mauldin

The Social Security Inflation Lag Calendar - Partial Indexing Part 1
By: Daniel R. Amerman, CFA

Rob From The Middle Class Economics
By: Gary Christenson

GoldSeek Radio Nugget: John Williams and Chris Waltzek
By: radio.GoldSeek.com

The Metals Market Is A Mess And Will Likely Continue To Frustrate You
By: Avi Gilburt

Is New Fed Chief A “Swamp Critter Extraordinaire”?
By: GoldCore

Asian Metals Market Update: November-17-2017
By: Chintan Karnani, Insignia Consultants

Gold Seeker Closing Report: Gold Holds Near Unchanged While Stocks Gain on Tax Vote
By: Chris Mullen, Gold Seeker Report

 
Search

GoldSeek Web

 
Gold Seeker Closing Report: Gold and Silver Fall Slightly
By: Chris Mullen, Gold-Seeker.com

 -- Published: Tuesday, 16 June 2015 | Print  | Disqus 

 

Close

Gain/Loss

Gold

$1181.70

-$4.50

Silver

$16.02

-$0.09

XAU

65.99

-1.42%

HUI

154.29

-1.45%

GDM

507.80

-1.24%

JSE Gold

1022.50

-18.20

USD

94.99

+0.21

Euro

112.45

-0.35

Yen

81.04

+0.03

Oil

$59.97

+$0.45

10-Year

2.318%

-0.040

Bond

152.9375

+0.8125

Dow

17904.48

+0.64%

Nasdaq

5055.55

+0.51%

S&P

2096.29

+0.57%

 
 
 

 

The Metals:

 

Gold fell $10.07 to $1176.13 by a little after 9:30AM EST before it bounced back higher into the close, but it still ended with a loss of 0.38%.  Silver slipped to as low as $15.895 and ended with a loss of 0.56%.

 

Euro gold remained at about €1051, platinum lost $7 to $1077, and copper fell a few cents to about $2.62.

 

Gold and silver equities fell over 1% by midmorning and remained near that level for the rest of the day.

 

The Economy:

 

Report

For

Reading

Expected

Previous

Housing Starts

May

1036K

1100K

1165K

Building Permits

May

1275K

1100K

1140K

 

U.S. state spending growth to slow in 2016: survey Reuters

CBO sees U.S. deficit doubling by 2040, lower interest rates Reuters

U.S. seen growing 1.9 percent after housing data: Atlanta Fed Reuters

 

Tomorrow at 2PM EST brings a FOMC Rate Decision.

 

The Markets:

 

Charts Courtesy of http://finance.yahoo.com/

 

Oil rose on worries about a storm in Texas that may disrupt some refining operations.

 

The U.S. dollar saw modest gains as the euro fell on continued concerns about Greece that sent treasuries higher.

 

The Dow, Nasdaq, and S&P climbed higher on deal making talk.

 

Among the big names making news in the market today were Shell-BG, Starwood, HSBC, and Mylan.

 

GATA Posts:

 

 

Australian researchers producing cyanide-free gold with Barrick in Nevada

Bank of China joins auction setting gold prices in London

 

The Statistics:

Activity from: 6/15/2015

Gold Warehouse Stocks:

7,854,155.851

-154,829.656

Silver Warehouse Stocks:

180,176,753.871

-61,116.58

 

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

701.897

22,566,677

US$26,571m

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$5,782m

Australian Stock Exchange (ASX)

Gold Bullion Securities

11.16

358,789

US$424m

Johannesburg Securities Exchange (JSE)

New Gold Debentures

28.13

904,433

US$1,069m

Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 2.087 tonnes.

 

COMEX Gold Trust (IAU) Total Tonnes in Trust: 167.01: No change from yesterday’s data.

 

Silver Trust (SLV) Total Tonnes in Trust: 10,198.03: No change from yesterday’s data.

 

The Miners:

 

Kinross Gold’s (KGC) ranking on the list of Top 50 Most Socially Responsible Companies, Eldorado’s (EGO) Feasibility Study, Goldcorp’s (GG) secondary offering of its stake in Tahoe Resources (TAHO), Santacruz Silver’s (SCZ.V) amended agreement with Hochschild, and Almaden’s (AAU) metallurgical test work program were among the big stories in the gold and silver mining industry making headlines today.

 

WINNERS

1.  Fortuna

FSM +5.93% $3.93

2.  Paramount

PZG +1.40% $1.56

3.  AuRico

AUQ +1.28% $3.17

 

LOSERS

1.  Tahoe

TAHO-9.14% $13.62

2.  Hecla

HL -4.58% $2.92

3.  Gold Resource

GORO -4.35% $2.86

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: Tuesday, 16 June 2015 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2017



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.