-- Published: Tuesday, 21 July 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1100.20 | -$3.00 |
Silver | $14.81 | +$0.10 |
XAU | 50.00 | +2.82% |
HUI | 116.12 | +2.70% |
GDM | 391.16 | +1.96% |
JSE Gold | 869.80 | +22.87 |
USD | 97.35 | -0.67 |
Euro | 109.36 | +1.12 |
Yen | 80.68 | +0.22 |
Oil | $50.36 | +$0.21 |
10-Year | 2.340% | -0.032 |
Bond | 152.34375 | +0.59375 |
Dow | 17919.29 | -1.00% |
Nasdaq | 5208.12 | -0.21% |
S&P | 2119.21 | -0.43% |
The Metals:
Gold dipped down to $1094.46 in Asia before it bounced back to $1109.78 in London, but it then fell to as low as $1098.39 in afternoon New York trade and ended with a loss of 0.27%. Silver rose to as high as $14.966 before it also fell back off in late trade, but it still ended with a gain of 0.68%.
Euro gold fell to about €1006, platinum remained at $975, and copper remained at about $2.48.
Gold and silver equities rose about 5% in the first half hour of trade before they fell back off at times, but they still ended with about 2% gains.
The Economy:
U.S. banks prepare for oil and gas company loans to worsen Reuters
Deutsche Bank: The Simplest Economic Law Explains Stock Market Rallies Around the World Bloomberg
Tomorrow brings the FHFA Housing Price Index and Existing Home Sales.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil rose as the U.S. dollar fell on profit taking in relatively quiet trade.
Treasuries saw decent gains as the Dow, Nasdaq, and S&P dropped on poor earnings reports.
Among the big names making news in the market today were United Technologies, Citibank, Harley Davidson, Toshiba, BNY Mellon, Verizon, Goldman Sachs, and IBM.
GATA Posts:
Telegraph sniffs out a little disinformation surrounding gold smash
The Statistics:
Activity from: 7/20/2015
Gold Warehouse Stocks: | 7,795,349.037 | +30,928.30 |
Silver Warehouse Stocks: | 178,530,653.055 | +3,763.68 |
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 | 694.463 | 22,327,678 | US$24,657m |
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$4,911m |
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$5,428m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$397m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 27.05 | 869,629 | US$985m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 1.789 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 167.76: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,227.90: No change from yesterday’s data.
The Miners:
Comstock’s (LODE) cost reduction target and Santacruz Silver’s (SCZ.V) operating results were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Gold Resource | GORO +9.00% $2.18 |
2. Harmony | HMY +8.19% $1.06 |
3. NovaGold | NG +7.46% $2.88 |
LOSERS
1. Richmont | RIC -6.21% $2.72 |
2. Seabridge | SA -4.02% $4.06 |
3. Sandstorm | SAND -1.89% $2.60 |
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: Tuesday, 21 July 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold Dips but Silver Gains
