-- Published: Thursday, 25 June 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1173.10 | -$1.30 |
Silver | $15.87 | -$0.03 |
XAU | 65.10 | -1.14% |
HUI | 152.58 | -0.77% |
GDM | 503.71 | -0.80% |
JSE Gold | 1012.91 | +8.27 |
USD | 95.19 | -0.13 |
Euro | 112.00 | -0.05 |
Yen | 80.89 | +0.17 |
Oil | $59.70 | -$0.57 |
10-Year | 2.393% | +0.022 |
Bond | 149.3125 | -0.53125 |
Dow | 17890.36 | -0.42% |
Nasdaq | 5112.18 | -0.20% |
S&P | 2102.31 | -0.30% |
The Metals:
Gold edged up to $1178.14 in Asia before it fell back to $1172.01 in London and then bounced back higher in New York, but it still ended with a loss of 0.11%. Silver slipped to as low as $15.79 and ended with a loss of 0.19%.
Euro gold fell to about €1047, platinum gained $8 to $1081, and copper remained at about $2.62.
Gold and silver equities traded mostly slightly lower and ended with modest losses.
The Economy:
Report | For | Reading | Expected | Previous |
Initial Claims | 6/20 | 271K | 271K | 268K |
Personal Income | May | 0.5% | 0.4% | 0.5% |
Personal Spending | May | 0.9% | 0.7% | 0.1% |
PCE Prices – Core | May | 0.1% | 0.1% | 0.1% |
U.S. services sector growth slows in June: Markit Reuters
Tomorrow at 10AM EST brings Michigan Sentiment for June expected at 94.6.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell 1%, the U.S. dollar dipped slightly, and treasuries saw modest losses along with the Dow, Nasdaq, and S&P on continued uncertainty about Greece.
Among the big names making news in the market today were Citigroup, GE, Netflix, Amazon, and Barclays.
GATA Posts:
LBMA to start reporting OTC gold trade soon; exchange model seen costly
China plans to launch yuan gold fix by end of this year
Another excuse for U.S. government to keep shorting gold futures
The Statistics:
Activity from: 6/24/2015
Gold Warehouse Stocks: | 7,896,728.553 | -1,607.50 |
Silver Warehouse Stocks: | 181,715,474.321 | +598,131.70 |
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 | 706.370 | 22,710,488 | US$26,622m |
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$5,212m |
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$5,761m |
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: Change in Total Tonnes from yesterday’s data: SPDR added 0.895 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 167.79: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,206.94: +38.62 change from yesterday’s data.
The Miners:
Lake Shore’s (LSG) discovery, Seabridge’s (SA) AGM results, Gold Resource’s (GORO) drill highlights, Centerra Gold’s (CG.TO) and Premier Gold’s (PG.TO) drill results, and IAMGOLD’s (IAG) exploration update were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Harmony | HMY +2.99% $1.38 |
2. Sandstorm | SAND +2.00% $3.06 |
3. MAG Silver | MVG +1.44% $8.22 |
LOSERS
1. Freeport | FCX -3.99% $19.74 |
2. Yamana | AUY -3.14% $3.08 |
3. Eldorado | EGO -2.88% $4.04 |
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: Thursday, 25 June 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver End Slightly Lower
