-- Published: Thursday, 16 July 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1145.10 | -$4.20 |
Silver | $15.01 | -$0.10 |
XAU | 56.89 | -0.78% |
HUI | 135.56 | -1.20% |
GDM | 447.52 | -0.93% |
JSE Gold | 974.07 | -20.18 |
USD | 97.64 | +0.52 |
Euro | 108.76 | -0.73 |
Yen | 80.56 | -0.24 |
Oil | $50.91 | -$0.50 |
10-Year | 2.352% | +0.002 |
Bond | 151.50 | +0.65625 |
Dow | 18120.25 | +0.39% |
Nasdaq | 5163.18 | +1.26% |
S&P | 2124.29 | +0.80% |
The Metals:
Gold fell $6.55 to $1142.75 by a little after 8AM EST before it bounced back higher in New York, but it still ended with a loss of 0.37%. Silver slipped to as low as $14.918 and ended with a loss of 0.66%.
Euro gold rose to about €1053, platinum lost $12 to $1007, and copper remained at about $2.52.
Gold and silver equities fell about 1% in the first half hour of trade and remained near that level for the rest of the day.
The Economy:
Report | For | Reading | Expected | Previous |
Initial Claims | 7/11 | 281K | 283K | 296K |
Philadelphia Fed | July | 5.7 | 12.5 | 15.2 |
NAHB Housing Market Index | July | 60 | 59 | 60 |
U.S. foreclosure activity in first half of 2015 fell to 10-year low Reuters
Tomorrow brings CPI, Building Permits, Housing Starts, and Michigan Sentiment.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell about 1% on the outlook for ample supplies in the near future.
The U.S. dollar rose as the euro fell after Draghi “reiterated his commitment to providing unprecedented stimulus to the euro area.”
Treasuries saw decent gains along with the Dow, Nasdaq, and S&P on relative calm in Greece.
Among the big names making news in the market today were Wal-Mart, Blackstone, Netflix, Goldman Sachs, EBay, and Citigroup.
GATA Posts:
Connecticut Public Radio program on gold includes GATA secretary
The Statistics:
Activity from: 7/15/2015
Gold Warehouse Stocks: | 7,876,795.388 | -1,611.154 |
Silver Warehouse Stocks: | 178,408,690.453 | -595,780.767 |
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 | 709.071 | 22,797,327 | US$26,084m |
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$5,086m |
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$5,619m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$411m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 27.05 | 869,648 | US$998m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 167.76: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,189.28: No change from yesterday’s data.
The Miners:
Harmony’s (HMY) retiring CEO, Yamana Gold’s (AUY) update on Brio Gold, Lake Shore’s (LSG) proposed acquisition of Temex Resources, Excellon’s (EXN.TO) filed PEA, Silver Bear’s (SBR.TO) ball mill purchase order, and Hecla’s (HL) second quarter production results were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. First Majestic | AG +4.32% $4.59 |
2. Silver Standard | SSRI +4.15% $6.27 |
3. Eldorado | EGO +3.62% $3.72 |
LOSERS
1. Barrick | ABX -4.25% $9.24 |
2. Harmony | HMY -3.33% $1.16 |
3. B2Gold | BTG -2.80% $1.39 |
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, 16 July 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Fall a Fourth Day
