-- Published: Tuesday, 4 August 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1088.20 | +$1.90 |
Silver | $14.59 | +$0.07 |
XAU | 45.67 | +0.31% |
HUI | 107.31 | +0.55% |
GDM | 368.64 | -0.09% |
JSE Gold | 757.37 | -16.78 |
USD | 97.91 | +0.43 |
Euro | 108.93 | -0.61 |
Yen | 80.47 | -0.16 |
Oil | $45.74 | +$0.57 |
10-Year | 2.211% | +0.061 |
Bond | 156.625 | -0.96875 |
Dow | 17550.69 | -0.27% |
Nasdaq | 5105.54 | -0.19% |
S&P | 2093.32 | -0.22% |
The Metals:
Gold dipped $5.21 to $1081.09 in Asia before it bounced back to $1094.55 in London and then fell back off in early afternoon New York trade, but it still ended with a gain of 0.17%. Silver rose to as high as $14.656 and ended with a gain of 0.48%.
Euro gold rose to about €999, platinum lost $8 to $952, and copper remained at about $2.35.
Gold and silver equities saw slight gains for most of the morning before they fell to see modest losses for most of the afternoon, but they then edged back higher in the last minutes of trade and ended mixed on the day.
The Economy:
Report | For | Reading | Expected | Previous |
Factory Orders | June | 1.8% | 1.8% | -1.1% |
Tomorrow brings ADP Employment, the Trade Balance, and ISM Services.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil rose on optimism about a rebound in Chinese equities.
The U.S. dollar jumped higher and treasuries fell in afternoon trade after the Fed's Lockhart said September could be the right time for a rate hike.
The Dow, Nasdaq, and S&P waffled near unchanged and ended modestly lower.
Among the big names making news in the market today were Toyota, Shire, Credit Agricole, and Team Health and IPC Healthcare.
GATA Posts:
Hugo Salinas Price: Will China play the 'gold card'?
Is there any limit to creation of paper gold on the Comex?
The Statistics:
Activity from: 8/3/2015
Gold Warehouse Stocks: | 7,570,743.173 | -64.30 |
Silver Warehouse Stocks: | 173,954,730.436 | -675,606.74 |
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 | 672.703 | 21,628,065 | US$23,578m |
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$4,848m |
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$5,362m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$390m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 26.57 | 854,132 | US$932m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 162.92: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,150.68: -14.85 change from yesterday’s data.
The Miners:
Seabridge Gold’s (SA) removal of selenium, Eurasian’s (EMXX) optioned project, and Penoles’ (PENOLES.MX) second quarter results were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Richmont | RIC +8.12% $2.53 |
2. New Gold | NGD +4.93% $2.13 |
3. NovaGold | NG +3.75% $3.04 |
LOSERS
1. Seabridge | SA -4.58% $3.75 |
2. Yamana | AUY -4.21% $1.82 |
3. Fortuna | FSM -2.96% $2.62 |
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, 4 August 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver End Slightly Higher
