-- Published: Friday, 17 July 2015 | Print | Disqus
| Close | Gain/Loss | On Week |
Gold | $1133.90 | -$11.20 | -2.50% |
Silver | $14.89 | -$0.12 | -4.43% |
XAU | 54.20 | -4.73% | -8.14% |
HUI | 128.56 | -5.17% | -9.27% |
GDM | 428.42 | -4.30% | -7.56% |
JSE Gold | 936.10 | -37.97 | -4.25% |
USD | 97.88 | +0.24 | +2.05% |
Euro | 108.43 | -0.36 | -2.74% |
Yen | 80.59 | +0.04 | -1.06% |
Oil | $50.89 | -$0.02 | -3.51% |
10-Year | 2.349% | -0.003 | -2.81% |
Bond | 152.15625 | +0.8125 | +1.93% |
Dow | 18086.45 | -0.19% | +1.84% |
Nasdaq | 5210.14 | +0.91% | +4.25% |
S&P | 2126.64 | +0.11% | +2.41% |
The Metals:
Gold fell $13.85 to $1131.25 by late morning in New York before it bounced back higher in early afternoon trade, but it still ended with a loss of 0.98%. Silver slipped to as low as $14.855 and ended with a loss of 0.8%.
Euro gold fell to about €1046, platinum lost $9 to $998, and copper dropped a couple of cents to about $2.50.
Gold and silver equities fell throughout most of trade and ended with about 5% losses.
The Economy:
Report | For | Reading | Expected | Previous |
CPI | June | 0.3% | 0.3% | 0.4% |
Core CPI | June | 0.2% | 0.2% | 0.1% |
Building Permits | June | 1174K | 1120K | 1069K |
Housing Starts | June | 1343K | 1150K | 1250K |
Michigan Sentiment | July | 93.3 | 96.5 | 96.1 |
All of this week’s other economic reports:
NAHB Housing Market Index - July | 60 v. 60 |
Next week’s economic highlights include the FHFA Housing Price Index and Existing Home Sales on Wednesday, Initial Jobless Claims and Leading Economic Indicators on Thursday, and New Home Sales on Friday.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil ended slightly lower as the U.S. dollar index edged higher on the view that the fed is getting closer to raising interest rates.
Treasuries rose as the Dow, Nasdaq, and S&P traded mixed on uncertainty about upcoming earnings reports.
Among the big names making news in the market Friday were GE, Boeing, Evercore, and Google.
GATA Posts:
China gold reserves top Russia in first disclosure since 2009
The Statistics:
Activity from: 7/16/2015
Gold Warehouse Stocks: | 7,828,512.927 | -48,282.461 |
Silver Warehouse Stocks: | 178,879,683.733 | +470,993.28 |
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 | 707.878 | 22,758,988 | US$25,776m |
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$5,026m |
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$5,555m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$406m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 27.05 | 869,629 | US$985m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 1.193 tonnes.
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:
WINNER
1. Turquoise Hill | TRQ +0.57% $3.54 |
LOSERS
1. Paramount | PZG -10.27% $1.31 |
2. New Gold | NGD -9.16% $2.48 |
3. IAMGOLD | IAG -8.82% $1.55 |
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, 17 July 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Weekly Wrap-Up: Gold and Silver Fall Over 2% and 4% on the Week
