-- Published: Thursday, 23 July 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1088.70 | -$5.20 |
Silver | $14.65 | -$0.15 |
XAU | 47.29 | -4.73% |
HUI | 110.81 | -4.30% |
GDM | 377.79 | -2.93% |
JSE Gold | 854.07 | -8.76 |
USD | 97.13 | -0.39 |
Euro | 109.96 | +0.68 |
Yen | 80.77 | +0.09 |
Oil | $48.45 | -$0.74 |
10-Year | 2.277% | -0.045 |
Bond | 154.50 | +1.3125 |
Dow | 17731.95 | -0.67% |
Nasdaq | 5146.40 | -0.49% |
S&P | 2102.15 | -0.57% |
The Metals:
Gold gained $11.82 to $1105.72 by a little after 4AM EST, but it then fell back off for most of the rest of trade and ended with a loss of 0.48%. Silver slipped to as low as $14.591 and ended with a loss of 1.01%.
Euro gold fell to about €990, platinum lost $2 to $974, and copper fell 5 cents to about $2.38.
Gold and silver equities fell for most of the day and ended with about 4% losses.
The Economy:
Report | For | Reading | Expected | Previous |
Initial Claims | 7/18 | 255K | 279K | 281K |
Leading Indicators | June | 0.6% | 0.2% | 0.8% |
Tomorrow brings New Home Sales for June expected at 550,000.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell on the general outlook for ample supplies and tepid demand.
The U.S. dollar dropped as the euro rose on continued progress in Greece.
Treasuries saw decent gains again as the Dow, Nasdaq, and S&P fell a third straight day on more poor earnings reports.
Among the big names making news in the market today were Bristol, Syngenta, Dow Chemical, Comcast, Ferrari, Raytheon, KKR, Vale, Blackstone, GM, and Caterpillar.
GATA Posts:
Dave Kranzler: Anti-gold propaganda reaches bubble proportions
Alasdair Macleod: Gold and Gibson's paradox
Now even Reuters acknowledges gold market rigging ....
Marcia Christoff-Kurapovna: Central banks and our dysfunctional gold markets
The Statistics:
Activity from: 7/22/2015
Gold Warehouse Stocks: | 7,920,334.628 | -125,242.791 |
Silver Warehouse Stocks: | 177,988,368.441 | +91,111.987 |
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 | 687.309 | 22,097,658 | US$24,243m |
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$4,859m |
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$5,374m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$390m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 27.05 | 869,629 | US$985m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 2.384 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 167.28: -0.48 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,227.90: No change from yesterday’s data.
The Miners:
Barrick’s (ABX) board resignation and Freeport’s (FCX) second quarter results were among the big stories in the gold and silver mining industry making headlines today.
WINNER
1. Avino | ASM +1.00% $1.01 |
LOSERS
1. Freeport | FCX -9.43% $13.64 |
2. Fortuna | FSM -9.12% $2.49 |
3. Sandstorm | SAND -8.37% $2.30 |
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, 23 July 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver End Slightly Lower
