-- Published: Thursday, 9 July 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1161.40 | +$2.60 |
Silver | $15.46 | +$0.32 |
XAU | 59.69 | -0.43% |
HUI | 143.11 | -0.67% |
GDM | 467.75 | +0.07% |
JSE Gold | 978.48 | -28.00 |
USD | 96.53 | +0.29 |
Euro | 110.25 | -0.51 |
Yen | 82.44 | -0.41 |
Oil | $52.78 | +$1.13 |
10-Year | 2.301% | +0.095 |
Bond | 151.50 | -2.625 |
Dow | 17548.62 | +0.19% |
Nasdaq | 4922.39 | +0.26% |
S&P | 2051.31 | +0.23% |
The Metals:
Gold jumped up to $1166.43 by a little after 2AM EST and climbed $8.33 to $1167.13 in early New York trade before it fell back off into midday, but it still ended with a gain of 0.22%. Silver rose to as high as $15.563 and ended with a gain of 2.11%.
Euro gold rose to about €1053, platinum lost $6 to $1023, and copper climbed 8 cents to about $2.56.
Gold and silver equities waffled near unchanged and ended mixed.
The Economy:
Report | For | Reading | Expected | Previous |
Initial Claims | 7/04 | 297K | 276K | 282K |
Tomorrow brings Wholesale Inventories.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil climbed over 2% higher on easing worries about China.
The U.S. dollar rose as the euro fell on continued uncertainty about Greece.
Treasuries remained lower after today’s 30-year note auction sold at yield of 3.084% with a bid to cover of 2.23.
The Dow, Nasdaq, and S&P saw notable gains at the open before they fell back off for most of the rest of the day, but they still ended modestly higher.
Among the big names making news in the market today were P&G, PepsiCo, Boeing, and TPG.
GATA Posts:
Roberts and Kranzler: Are big banks using derivatives to suppress bullion prices?
The Statistics:
Activity from: 7/8/2015
Gold Warehouse Stocks: | 7,980,912.600 | +1,579.83 |
Silver Warehouse Stocks: | 180,879,841.073 | -92,527.15 |
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 | 709.369 | 22,806,915 | US$26,550m |
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$5,164m |
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$5,711m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$416m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 27.05 | 869,705 | US$1,013m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 0.281 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 167.40: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,156.60: +41.59 change from yesterday’s data.
The Miners:
Comstock’s (LODE) operating plan, Kirkland’s (KGI.TO) fourth quarter results, Great Panther’s (GPL) Mineral Resource Estimate update, Tahoe’s (TAHO) dividend, Avino’s (ASM) concentrates prepayment agreement, and Endeavour Silver’s (EXK) production results were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Avino | ASM +4.95% $1.06 |
2. Silver Standard | SSRI +4.51% $6.02 |
3. Paramount | PZG +2.65% $1.55 |
LOSERS
1. DRDGOLD | DRD -4.52% $1.69 |
2. Coeur | CDE -3.62% $5.06 |
3. Primero | PPP -3.39% $3.70 |
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, 9 July 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold Gains and Silver Surges
