-- Published: Wednesday, 24 June 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1174.40 | -$3.20 |
Silver | $15.90 | +$0.07 |
XAU | 65.85 | +0.17% |
HUI | 153.76 | +0.17% |
GDM | 507.83 | -0.08% |
JSE Gold | 1004.64 | -8.72 |
USD | 95.32 | -0.10 |
Euro | 111.97 | +0.37 |
Yen | 80.74 | +0.05 |
Oil | $60.27 | -$0.74 |
10-Year | 2.371% | -0.038 |
Bond | 149.75 | +0.9375 |
Dow | 17966.07 | -0.98% |
Nasdaq | 5122.41 | -0.73% |
S&P | 2108.58 | -0.74% |
The Metals:
Gold edged up to $1180.10 at about 6AM EST before it fell back to $1171.17 in London and then bounced back higher in New York, but it still ended with a loss of 0.27%. Silver bounced back to $15.935 and ended with a gain of 0.44%.
Euro gold fell to about €1049, platinum gained $8 to $1073, and copper remained at about $2.62.
Gold and silver equities waffled near unchanged and ended mixed.
The Economy:
Report | For | Reading | Expected | Previous |
GDP | Q1 | -0.2% | -0.2% | -0.7% |
GDP Deflator | Q1 | 0.0% | -0.1% | -0.1% |
U.S. mortgage applications rise in latest week: MBA Reuters
Tomorrow brings Initial Jobless Claims, Personal Income and Spending, and Core PCE Prices.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell after the Energy Information Administration reported that crude inventories fell 4.9 million barrels, gasoline inventories rose 700,000 barrels, and distillates rose 1.8 million barrels.
The U.S. dollar traded mixed while treasuries rose on continued uncertainty about a deal for Greece that sent the Dow, Nasdaq, and S&P almost 1% lower.
Among the big names making news in the market today were Wal-Mart, Facebook, BlackRock, Samsung, and Lennar.
GATA Posts:
Zero Hedge: Gold and silver slammed in mini-flash crash
New York Sun: The Bernanke ten-spot
The Statistics:
Activity from: 6/23/2015
Gold Warehouse Stocks: | 7,898,336.053 | -2,707.90 |
Silver Warehouse Stocks: | 181,117,342.621 | - |
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$26,613m |
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$5,209m |
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$5,755m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$421m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 28.13 | 904,364 | US$1,072m |
Note: No change in Total Tonnes from yesterday’s data.
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: No change from yesterday’s data.
The Miners:
Rubicon’s (RBY) gold pour and Coeur’s (CDE) increase in reserves were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Harmony | HMY +2.29% $1.34 |
2. IAMGOLD | IAG +2.27% $2.25 |
3. Freeport | FCX -2.24% $20.56 |
LOSERS
1. Silver Standard | SSRI -3.86% $6.47 |
2. AuRico | AUQ -2.36% $2.89 |
3. NovaGold | NG -2.17% $3.60 |
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: Wednesday, 24 June 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver End Mixed While Stocks Fall
