-- Published: Monday, 29 June 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1179.20 | +$5.10 |
Silver | $15.72 | -$0.08 |
XAU | 63.91 | -1.18% |
HUI | 151.07 | -0.77% |
GDM | 496.15 | -0.80% |
JSE Gold | 1060.61 | +30.36 |
USD | 94.88 | -0.47 |
Euro | 112.40 | +0.72 |
Yen | 81.63 | +0.90 |
Oil | $58.33 | -$1.30 |
10-Year | 2.331% | -0.145 |
Bond | 151.34375 | +3.78125 |
Dow | 17596.35 | -1.95% |
Nasdaq | 4958.46 | -2.40% |
S&P | 2057.64 | -2.09% |
The Metals:
Gold climbed $13.21 to $1187.31 in Asia before it fell back to $1173.92 by a little after 9:30AM EST, but it then bounced back higher into the close and ended with a gain of 0.43%. Silver slipped to as low as $15.697 and ended with a loss of 0.51%.
Euro gold fell to about €1049, platinum lost $3 to $1076, and copper fell slightly to about $2.64.
Gold and silver equities traded mostly slightly lower and ended with about 1% losses.
The Economy:
Report | For | Reading | Expected | Previous |
Pending Home Sales | May | 0.9% | 1.4% | 3.4% |
Tomorrow brings the Case-Shiller 20-city Index, Chicago PMI, and Consumer Confidence.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell over 2% on uncertainty about Greece that sent the U.S. dollar lower.
Treasuries jumped markedly higher as the Dow, Nasdaq, and S&P dropped about 2% on worries about a looming default by Greece.
Among the big names making news in the market today were Western Union, GE, Sysco, New York Life, and Macy’s.
GATA Posts:
S. Africa's gold mines offer wage increases of up to 13%
The Statistics:
Activity from: 6/26/2015
Gold Warehouse Stocks: | 7,893,642.140 | +35,060.677 |
Silver Warehouse Stocks: | 182,412,769.790 | -457,125.846 |
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 | 711.439 | 22,873,469 | US$26,888m |
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$5,230m |
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$5,789m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$423m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 27.35 | 879,382 | US$1,034m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 1.789 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 167.79: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,088.09: -148.57 change from yesterday’s data.
The Miners:
IAMGOLD’s (IAG) updated production guidance, Eldorado’s (EGO) operations in Greece and Project Permit Approval in China, Claude’s (CGR) increased land position, Golden Star’s (GSS) mine development, and Silver Bear’s (SBR.TO) Promissory Notes were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Gold Resource | GORO +4.29% $2.92 |
2. Richmont | RIC +3.15% $3.27 |
3. Harmony | HMY +2.17% $1.41 |
LOSERS
1. Avino | ASM -5.03% $1.07 |
2. IAMGOLD | IAG -5.02% $2.08 |
3. Nevsun | NSU -3.78% $3.82 |
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, 29 June 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold Gains While Stocks Drop 2%
