-- Published: Friday, 10 July 2015 | Print | Disqus
| Close | Gain/Loss | On Week |
Gold | $1163.00 | +$1.60 | -0.22% |
Silver | $15.58 | +$0.12 | -0.45% |
XAU | 59.00 | -1.16% | -5.81% |
HUI | 141.69 | -0.99% | -4.84% |
GDM | 463.46 | -0.88% | -4.84% |
JSE Gold | 977.66 | -0.82 | -0.70% |
USD | 95.91 | -0.62 | -0.19% |
Euro | 111.48 | +1.16 | +0.60% |
Yen | 81.45 | -0.97 | +0.23% |
Oil | $52.74 | -$0.04 | -7.36% |
10-Year | 2.417% | +0.116 | +1.00% |
Bond | 149.28125 | -2.3125 | +0.06% |
Dow | 17760.41 | +1.21% | +0.17% |
Nasdaq | 4997.69 | +1.53% | -0.23% |
S&P | 2076.62 | +1.23% | -0.01% |
The Metals:
Gold waffled between $1165.17 and $1158.35 and ended with a gain of 0.14%. Silver rose to as high as $15.648 and ended with a gain of 0.78%.
Euro gold fell to about €1043, platinum gained $4 to $1027, and copper fell slightly to about $2.54.
Gold and silver equities fell roughly 1% about an hour into trade and remained near that level for most of the rest of the day.
The Economy:
Report | For | Reading | Expected | Previous |
Wholesale Inventories | May | 0.8% | 0.3% | 0.4% |
Yellen says expects rate hike this year, but cites labor weakness Reuters
All of this week’s other economic reports:
Next week’s economic highlights include the Treasury Budget on Monday, Retail Sales, Export and Import Prices, and Business Inventories on Tuesday, PPI, Empire Manufacturing, Industrial Production, Capacity Utilization, and the Fed's Beige Book on Wednesday, Initial Jobless Claims, the Philadelphia Fed, the NAHB Housing Market Index, and Net Long-Term TIC Flows on Thursday, and CPI, Building Permits, Housing Starts, and Michigan Sentiment on Friday.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil ended slightly lower on uncertainty about Greece, Iran and China that sent the U.S. dollar index lower.
Treasuries fell as the Dow, Nasdaq, and S&P gained over 1% on hopes for deals and resolutions over the weekend.
Among the big names making news in the market Friday were GM, GE, Shell, BlackRock, and Allstate.
GATA Posts:
China wants to steal gold market 'reins' from New York and London
The Statistics:
Activity from: 7/9/2015
Gold Warehouse Stocks: | 7,978,951.428 | -1,961.15 |
Silver Warehouse Stocks: | 180,195,796.250 | -683,063.003 |
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 | 707.580 | 22,749,401 | US$26,370m |
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$5,163m |
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$5,699m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$417m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 27.05 | 869,695 | US$1,008m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 1.789 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: No change from yesterday’s data.
The Miners:
WINNERS
1. B2Gold | BTG +3.36% $1.54 |
2. Pretivm | PVG +2.87% $5.02 |
3. NovaGold | NG +2.24% $3.20 |
LOSERS
1. Yamana | AUY -4.24% $2.71 |
2. Kinross | KGC -3.65% $2.11 |
3. Coeur | CDE -3.36% $4.89 |
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: Friday, 10 July 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Weekly Wrap-Up: Gold and Silver End Slightly Lower on the Week
