Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

Gold Seeker Weekly Wrap-Up: Gold and Silver Fall Roughly 1% on the Week
By: Chris Mullen, Gold Seeker Report

Ira Epstein's Metals Video 2 23 2018
By: Ira Epstein

Unintended Consequences, Part 1: Bigger Deficits = Higher Interest Rates =…Many Bad Things
By: John Rubino

A Roman lesson on inflation
By: Alasdair Macleod

COT Gold, Silver and US Dollar Index Report - February 23, 2018
By: GoldSeek.com

One Belt, One Road, One Direction for Precious Metals
By: David Smith

How global growth and infrastructure are driving commodities
By: Richard (Rick) Mills

Gold’s Curious Sentiment
By: Adam Hamilton, CPA

Dow Jones Tanks As Silver Market Price Bottoming
By: Steve St. Angelo

GoldSeek Radio Nugget: Andy Schectman and Chris Waltzek
By: radio.GoldSeek.com

 
Search

GoldSeek Web

 
Gold Seeker Closing Report: Gold and Silver End Slightly Lower
By: Chris Mullen, Gold-Seeker.com

 -- 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

 

- Would you like to receive the Free Daily Gold Seeker Report in your e-mail? Click here

Additional Resources for today’s Gold Seeker Report can be found:

© Gold Seeker 2015

Note: This article may be reproduced provided the article, in full, is used and mention to Gold-Seeker.com is given.

 

 

Disclosure: The owner, editor, writer and publisher and their associates are not responsible for errors or omissions.  The author of this report is not a registered financial advisor.  Readers should not view this material as offering investment related advice. Gold-Seeker.com has taken precautions to ensure accuracy of information provided. Information collected and presented are from what is perceived as reliable sources, but since the information source(s) are beyond Gold-Seeker.com’s control, no representation or guarantee is made that it is complete or accurate.  The reader accepts information on the condition that errors or omissions shall not be made the basis for any claim, demand or cause for action.  Past results are not necessarily indicative of future results.  Any statements non-factual in nature constitute only current opinions, which are subject to change.  Nothing contained herein constitutes a representation by the publisher, nor a solicitation for the purchase or sale of securities & therefore information, nor opinions expressed, shall be construed as a solicitation to buy or sell any stock, futures or options contract mentioned herein.  Investors are advised to obtain the advice of a qualified financial & investment advisor before entering any financial transaction.

 


| Digg This Article
 -- Published: Thursday, 23 July 2015 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2017



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.