-- Published: Thursday, 13 August 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1115.20 | -$8.60 |
Silver | $15.41 | -$0.11 |
XAU | 50.09 | -5.24% |
HUI | 117.77 | -6.41% |
GDM | 406.37 | -4.47% |
JSE Gold | 829.78 | -39.41 |
USD | 96.37 | +0.15 |
Euro | 111.54 | -0.05 |
Yen | 80.38 | -0.12 |
Oil | $42.23 | -$1.07 |
10-Year | 2.189% | +0.059 |
Bond | 158.03125 | -0.59375 |
Dow | 17408.25 | +0.03% |
Nasdaq | 5033.55 | -0.21% |
S&P | 2083.39 | -0.13% |
The Metals:
Gold dropped $10.02 to $1113.78 by midafternoon in New York before it bounced back higher into the close, but it still ended with a loss of 0.77%. Silver slipped to as low as $15.314 and ended with a loss of 0.71%.
Euro gold fell to about €1000, platinum lost $7 to $988, and copper remained at about $2.35.
Gold and silver equities drifted lower for most of the day and ended with roughly 5% losses.
The Economy:
Report | For | Reading | Expected | Previous |
Export Prices | July | -0.2% | - | -0.3% |
Export Prices ex-ag. | July | -0.4% | - | -0.2% |
Import Prices | July | -0.9% | - | 0.0% |
Import Prices ex-oil | July | -0.3% | - | -0.2% |
Retail Sales | July | 0.6% | 0.5% | 0.0% |
Retail Sales ex-auto | July | 0.4% | 0.5% | 0.4% |
Initial Claims | 8/08 | 274K | 271K | 269K |
Business Inventories | June | 0.8% | 0.3% | 0.3% |
Tomorrow brings PPI, Industrial Production, Capacity Utilization, and Michigan Sentiment.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell on worries about a global supply glut while the U.S. dollar rose on decent economic data that sent treasuries lower.
The Dow, Nasdaq, and S&P traded mostly slightly higher but ended mixed as easing worries about China were weighed along with steady economic reports.
Among the big names making news in the market today were Coca-Cola, Roche, and Tesla.
GATA Posts:
Bron Suchecki: Telling a metal shortage from a production capacity shortage
China's central bank sees no basis for further yuan depreciation
The Statistics:
Activity from: 8/12/2015
Gold Warehouse Stocks: | 7,422,118.983 | - |
Silver Warehouse Stocks: | 172,106,176.912 | - |
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 | 671.867 | 21,601,191 | US$24,119m |
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$4,957m |
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$5,478m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$400m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 25.07 | 806,172 | US$902m |
Note: Change in Total Tonnes from yesterday’s data: SPDR added 4.173 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 161.02: -0.36 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,107.64: -38.60 change from yesterday’s data.
The Miners:
Claude’s (CGR) second quarter results, Eldorado’s (EGO) Greece update, and Excellon’s (EXN.TO) second quarter results were among the big stories in the gold and silver mining industry making headlines today.
No “winners” today.
LOSERS
1. Gold Fields | GFI -11.18% $2.70 |
2. Fortuna | FSM -9.80% $2.76 |
3. AngloGold | AU -9.35% $6.30 |
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, 13 August 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Fall Almost 1%
