-- Published: Monday, 13 July 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1157.90 | -$5.10 |
Silver | $15.50 | -$0.08 |
XAU | 59.48 | +0.81% |
HUI | 141.15 | -0.38% |
GDM | 463.62 | +0.09% |
JSE Gold | 971.77 | -5.89 |
USD | 96.81 | +0.90 |
Euro | 110.04 | -1.56 |
Yen | 81.01 | -0.45 |
Oil | $52.20 | -$0.54 |
10-Year | 2.430% | +0.013 |
Bond | 148.90625 | -0.1875 |
Dow | 17977.68 | +1.22% |
Nasdaq | 5071.51 | +1.48% |
S&P | 2099.60 | +1.11% |
The Metals:
Gold fell $11.80 to $1151.20 at about 9:20AM EST before it bounced back higher into midday, but it still ended with a loss of 0.44%. Silver slipped to as low as $15.325 and ended with a loss of 0.51%.
Euro gold rose to about €1053, platinum gained $4 to $1031, and copper climbed slightly to about $2.55.
Gold and silver equities fell about 2% in the first 15 minutes of trade, but they then rallied back higher for most of the rest of the day and ended mixed.
The Economy:
Report | For | Reading | Expected | Previous |
Treasury Budget | June | $51.8B | $51.0B | $70.5B |
Tomorrow brings Retail Sales, Export and Import Prices, and Business Inventories.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil ended about 1% lower in mixed trade on uncertainty about Iran’s nuclear deal.
The U.S. dollar rose as the euro fell after “overnight talks held in Brussels produced a deal that should get Greece closer to receiving much-needed funding through the eurozone’s bailout fund.”
Treasuries traded mixed while the Dow, Nasdaq, and S&P climbed over 1% higher on relief over a deal for Greece.
Among the big names making news in the market today were Goldman Sachs, Facebook, Jarden, MarkWest, and GM.
GATA Posts:
Greece surrenders its sovereignty -- but should it have expected otherwise?
Bron Suchecki: The Texas bullion depository is not a joke
Rand Refinery commentary cites gold market manipulation on Comex
For Indians, paper gold can't beat the real thing
The Statistics:
Activity from: 7/10/2015
Gold Warehouse Stocks: | 7,843,431.300 | -135,520.128 |
Silver Warehouse Stocks: | 180,743,214.460 | +547,418.21 |
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$26,248m |
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$5,142m |
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$5,685m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$415m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 27.05 | 869,667 | US$1,004m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 167.76: +0.36 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,156.60: No change from yesterday’s data.
The Miners:
Claude’s (CGR) temporary suspension of mining operations, Comstock’s (LODE) Board election, Richmont’s (RIC) record quarterly gold production, Eurasian’s (EMXX) filed technical report, Gold Fields’ (GFI) production and cost guidance, SilverCrest’s (SVLC) record silver and gold production results, and Avino’s (ASM) record quarter and record half-year of production were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Hecla | HL +10.37% $2.66 |
2. Coeur | CDE +7.77% $5.27 |
3. New Gold | NGD +7.31% $2.79 |
LOSERS
1. Yamana | AUY -3.32% $2.62 |
2. B2Gold | BTG -3.25% $1.49 |
3. Eldorado | EGO -2.86% $3.74 |
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, 13 July 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver End Slightly Lower
