-- Published: Tuesday, 23 June 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1177.60 | -$7.50 |
Silver | $15.83 | -$0.37 |
XAU | 65.74 | +0.23% |
HUI | 153.51 | -0.31% |
GDM | 508.31 | -0.01% |
JSE Gold | 1013.36 | +2.85 |
USD | 95.42 | +1.05 |
Euro | 111.74 | -1.59 |
Yen | 80.71 | -0.33 |
Oil | $61.01 | +$0.63 |
10-Year | 2.409% | +0.049 |
Bond | 148.78125 | -0.9375 |
Dow | 18144.07 | +0.13% |
Nasdaq | 5160.09 | +0.12% |
S&P | 2124.20 | +0.06% |
The Metals:
Gold fell $8.86 to $1176.24 in early New York trade before it bounced back higher at times, but it still ended with a loss of 0.63%. Silver slipped to as low as $15.761 and ended with a loss of 2.28%.
Euro gold rose to about €1055, platinum gained $7 to $1065, and copper climbed 4 cents to about $2.62.
Gold and silver equities waffled near unchanged and ended mixed.
The Economy:
Report | For | Reading | Expected | Previous |
Durable Goods | May | -1.8% | -0.5% | -1.5% |
Durable Goods -ex trans. | May | 0.5% | 0.6% | -0.3% |
FHFA Housing Price Index | April | 0.3% | - | 0.3% |
New Home Sales | May | 546K | 525K | 534K |
U.S. factory activity growth at slowest since October 2013: Markit Reuters
Tomorrow at 8:30AM EST brings GDP for the first quarter.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil rose on geopolitical tensions and speculation about tomorrow’s inventory report.
The U.S. dollar climbed over 1% higher as the euro fell on continued uncertainty about a deal for Greece.
Treasuries dropped on expectations for the fed to raise interest rates at least once this year.
The Dow, Nasdaq, and S&P held near unchanged on mixed signals about Greece and interest rates.
Among the big names making news in the market today were Verizon, Syngenta, Takata, Blackberry, and 3M.
GATA Posts:
Ronan Manly: London gold fix prior to this year wasn't really so primitive
Ted Butler: The ultimate confirmation
The Statistics:
Activity from: 6/22/2015
Gold Warehouse Stocks: | 7,901,043.953 | -64.30 |
Silver Warehouse Stocks: | 181,117,342.621 | -331,354.20 |
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 | 705.475 | 22,681,726 | US$26,710m |
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$5,234m |
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$5,780m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$422m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 28.13 | 904,364 | US$1,072m |
Note: Change in Total Tonnes from yesterday’s data: SPDR added 3.578 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 167.79: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,168.32: -29.71 change from yesterday’s data.
The Miners:
McEwen’s (MUX) production update, Paramount’s (PZG) potential for substantially higher gold recoveries, and MAG Silver’s (MVG) annual general and special meeting results were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Freeport | FCX +3.66% $20.11 |
2. Nevsun | NSU +3.56% $4.07 |
3. Rubicon | RBY +2.86% $1.08 |
LOSERS
1. Harmony | HMY -7.09% $1.31 |
2. First Majestic | AG -3.39% $5.13 |
3. AuRico | AUQ -2.95% $2.96 |
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: Tuesday, 23 June 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Fall as Dollar Gains
