-- Published: Thursday, 18 June 2015 | Print | Disqus
Please Note: There will not be a Gold Seeker Closing Report tomorrow.
| Close | Gain/Loss |
Gold | $1202.10 | +$15.00 |
Silver | $16.20 | +$0.03 |
XAU | 68.36 | +1.36% |
HUI | 159.83 | +1.17% |
GDM | 527.11 | +1.53% |
JSE Gold | 1052.86 | +44.84 |
USD | 93.99 | -0.26 |
Euro | 113.72 | +0.36 |
Yen | 81.36 | +0.33 |
Oil | $60.45 | +$0.53 |
10-Year | 2.351% | +0.045 |
Bond | 151.25 | -1.3125 |
Dow | 18115.84 | +1.00% |
Nasdaq | 5132.94 | +1.34% |
S&P | 2121.24 | +0.99% |
The Metals:
Gold climbed $18.41 to $1205.51 by late morning in New York before it pared back off a bit into midday, but it still ended with a gain of 1.26%. Silver rose to as high as $16.456 and ended with a gain of 0.19%.
Euro gold rose to about €1057, platinum remained at $1080, and copper remained at about $2.62.
Gold and silver equities rose about 2% at the open before they drifted back lower at times, but they still ended with over 1% gains.
The Economy:
Report | For | Reading | Expected | Previous |
Initial Claims | 6/13 | 267K | 276K | 279K |
CPI | May | 0.4% | 0.5% | 0.1% |
Core CPI | May | 0.1% | 0.2% | 0.3% |
Current Account Balance | Q1 | -$113.3B | -$116.7B | -$103.1B |
Philadelphia Fed | June | 15.2 | 8.0 | 6.7 |
Leading Indicators | May | 0.7% | 0.4% | 0.7% |
There are no major economic reports due out tomorrow.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil rose and the U.S. dollar fell along with treasuries on hopes for another bailout for Greece that sent the Dow, Nasdaq, and S&P about 1% higher.
Among the big names making news in the market today were Apple, Fitbit, Oracle, and UBS.
GATA Posts:
Deutsche Bank FX trader admits manipulation of markets by central banks
Hugo Salinas Price: The coming liquidation
Sprott's Embry on Greek futility, overvalued stocks, undervalued monetary metals
The Statistics:
Activity from: 6/17/2015
Gold Warehouse Stocks: | 7,860,171.829 | +69,016.958 |
Silver Warehouse Stocks: | 180,603,644.421 | -90,338.67 |
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$27,114m |
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$5,328m |
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$5,914m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$431m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 28.13 | 904,433 | US$1,069m |
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: No change from yesterday’s data.
The Miners:
Gold Reserve’s (GRZ.V) legal update, Nevsun’s (NSU) assay results, and McEwen’s (MUX) dividend were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Coeur | CDE +6.75% $6.33 |
2. MAG Silver | MVG +6.57% $8.43 |
3. Harmony | HMY +6.43% $1.49 |
LOSERS
1. Alamos | AGI -2.88% $6.07 |
2. Kinross | KGC -1.65% $2.39 |
3. AuRico | AUQ -1.27% $3.12 |
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, 18 June 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Gain With Stocks
