Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

Life Under Manipulation
By: Theodore Butler

Legendary investor names his top junior resource stock picks right now
By: Peter Spina, President, CEO of GoldSeek.com & SilverSeek.com

Silver Miners’ Q3’17 Fundamentals
By: Adam Hamilton, CPA

Deflation must be embraced
By: Alasdair Macleod

Gold’s 47-Year Bull Market
By: Steven Saville

Taxes, Macro Signals, Seasonality, US Stocks and Gold Miners
By: Gary Tanashian

The Key to Profitably Ending Precious Metals Price Suppression And Other Markets Manipulation!
By: Deepcaster

The Precious Metals Bears' Fear of Fridays
By: Dimitri Speck

The Lemmings are Heading Towards the Cliff...Again
By: Gary Savage

28 Reasons to Buy Physical Gold
By: BullionStar

 
Search

GoldSeek Web

 
Gold Seeker Closing Report: Gold and Silver End Slightly Lower
By: Chris Mullen, Gold-Seeker.com

 -- 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

 

- 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, 25 June 2015 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2017



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.