-- Published: Monday, 22 June 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1185.10 | -$15.70 |
Silver | $16.20 | +$0.09 |
XAU | 65.59 | -1.58% |
HUI | 153.98 | -1.48% |
GDM | 508.10 | -1.47% |
JSE Gold | 1010.51 | -53.50 |
USD | 94.37 | +0.22 |
Euro | 113.38 | -0.27 |
Yen | 81.05 | -0.45 |
Oil | $59.68 | +$0.07 |
10-Year | 2.360% | +0.093 |
Bond | 149.375 | -2.53125 |
Dow | 18119.78 | +0.58% |
Nasdaq | 5153.97 | +0.72% |
S&P | 2122.85 | +0.61% |
The Metals:
Gold fell $18.70 to $1182.10 by midmorning in New York before it bounced back higher at times, but it still ended with a loss of 1.31%. Silver slipped to as low as $16.036 at one point, but it then jumped back to $16.26 and ended with a gain of 0.56%.
Euro gold fell to about €1046, platinum lost $24 to $1058, and copper remained at about $2.58.
Gold and silver equities fell about 1% at the open and remained near that level for the rest of the day.
The Economy:
Report | For | Reading | Expected | Previous |
Existing Home Sales | May | 5.35M | 5.26M | 5.09M |
Tomorrow brings Durable Goods Orders, the FHFA Housing Price Index, and New Home Sales.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil bumped higher in late trade and ended with a modest gain on speculation about this week’s inventory report.
The U.S. dollar edged up on decent housing data and hopes for a deal for Greece that sent treasuries lower and the Dow, Nasdaq, and S&P higher.
Among the big names making news in the market today were Williams Cos., Fitbit, Cigna, and Martha Stewart Living.
GATA Posts:
Larry Parks: Free trade is impossible when one side controls trade currency
India's central bank opposes letting commercial banks count gold as money
China Construction Bank said preparing to join London gold price fix
China's Zijin targets Australian gold miner in M&A spree
The Statistics:
Activity from: 6/19/2015
Gold Warehouse Stocks: | 7,901,108.253 | -64,241.629 |
Silver Warehouse Stocks: | 181,448,696.821 | - |
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$26,744m |
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$5,267m |
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$5,821m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$425m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 28.13 | 904,364 | US$1,072m |
COMEX Gold Trust (IAU) Total Tonnes in Trust: 167.79.
Silver Trust (SLV) Total Tonnes in Trust: 10,198.03.
The Miners:
Midway’s (MDW) filing under chapter 11 of the Bankruptcy Code, Avino’s (ASM) drill results, and Gold Fields’ (GFI) SEC notice were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Gold Resource | GORO +8.70% $3.00 |
2. First Majestic | AG +2.31% $5.31 |
3. Eldorado | EGO +1.71% $4.16 |
LOSERS
1. Endeavour Silver | EXK -6.85% $2.04 |
2. IAMGOLD | IAG -5.63% $2.18 |
3. NovaGold | NG -5.61% $3.70 |
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: Monday, 22 June 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver End Mixed
