-- Published: Monday, 6 July 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1168.90 | +$3.30 |
Silver | $15.69 | +$0.04 |
XAU | 63.50 | +1.37% |
HUI | 151.41 | +1.69% |
GDM | 492.64 | +1.16% |
JSE Gold | 1025.43 | +19.77 |
USD | 96.26 | +0.17 |
Euro | 110.56 | -0.29 |
Yen | 81.62 | +0.35 |
Oil | $52.53 | -$4.40 |
10-Year | 2.278% | -0.115 |
Bond | 151.625 | +2.4375 |
Dow | 17683.58 | -0.26% |
Nasdaq | 4991.94 | -0.34% |
S&P | 2068.76 | -0.39% |
The Metals:
Gold edged down to $1162.89 by a little after 5AM EST before it jumped up to $1174.06 in early afternoon New York trade and then drifted back lower into the close, but it still ended with a gain of 0.28%. Silver rose to as high as $15.808 and ended with a gain of 0.26%.
Euro gold rose to about €1057, platinum lost $21 to $1059, and copper dropped 10 cents to about $2.53.
Gold and silver equities chopped higher and ended with over 1% gains.
The Economy:
Report | For | Reading | Expected | Previous |
ISM Services | June | 56.0 | 56.3 | 55.7 |
Tomorrow brings the Trade Balance and Consumer Credit.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell almost 8% on worries about Greece that sent the euro lower and the U.S. dollar higher.
Treasuries saw notable gains as the Dow, Nasdaq, and S&P dropped on uncertainty about Europe.
Among the big names making news in the market today were Mylan, American Apparel, Philip Morris, GM, Peugeot, and Renault.
GATA Posts:
Chinese hedge fund Shanghai Chaos closes out copper short
Join GATA as the Silver Summit moves to San Francisco Nov. 23-24
Zero Hedge: Citigroup just cornered the silver market
The Statistics:
Activity from: 7/2/2015
Gold Warehouse Stocks: | 7,978,966.253 | -64,324.833 |
Silver Warehouse Stocks: | 182,808,048.558 | -877,036.49 |
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 | 709.650 | 22,815,951 | US$26,591m |
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$5,185m |
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$5,727m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$419m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 27.05 | 869,734 | US$1,014m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 1.789 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 167.40: -0.39 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,115.01: -4.28 change from yesterday’s data.
The Miners:
Goldcorp’s (GG) dividend, IAMGOLD’s (IAG) clarification, and Silver Standard’s (SSRI) exploration update were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Coeur | CDE +6.02% $5.81 |
2. Endeavour Silver | EXK +5.21% $2.02 |
3. Agnico Eagle | AEM +4.64% $29.75 |
LOSERS
1. Gold Resource | GORO-3.36% $2.59 |
2. Freeport | FCX -3.04% $17.84 |
3. Alamos | AGI -2.99% $5.52 |
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, 6 July 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Gain While Stocks and Oil Drop
