-- Published: Monday, 14 September 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1108.70 | +$0.80 |
Silver | $14.44 | -$0.19 |
XAU | 44.27 | -1.69% |
HUI | 10.22 | -1.88% |
GDM | 361.36 | -0.65% |
JSE Gold | 928.12 | +27.27 |
USD | 95.21 | +0.05 |
Euro | 113.24 | -0.12 |
Yen | 83.21 | +0.28 |
Oil | $44.00 | -$0.63 |
10-Year | 2.180% | -0.003 |
Bond | 156.50 | +0.21875 |
Dow | 16370.96 | -0.38% |
Nasdaq | 4805.76 | -0.34% |
S&P | 1953.03 | -0.41% |
The Metals:
Gold dipped $4.34 to $1103.56 by a little before 8AM EST before it climbed up to $1110.10 by early afternoon in New York and then chopped back lower in the last few hours of trade, but it still ended with a gain of 0.07%. Silver slipped to as low as $14.362 and ended with a loss of 1.3%.
Euro gold rose to about €979, platinum lost $14 to $953, and copper fell 5 cents to about $2.41.
Gold and silver equities waffled near unchanged and ended about 1% lower.
The Economy:
Fed Rate Increase Too Late for BlackRock, Alpine Muni Cash Funds Bloomberg
There were no major economic reports today. Tomorrow brings Retail Sales, Empire Manufacturing, Industrial Production, Capacity Utilization, and Business Inventories.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell on worries about Chinese demand as the U.S. dollar edged higher and treasuries waffled near unchanged ahead of this week’s economic data and fed meeting.
The Dow, Nasdaq, and S&P dropped on worries about China and interest rates.
Among the big names making news in the market today were Credit Suisse, Airbus, Deutsche Bank, Google, and Apple.
GATA Posts:
Reg Howe: Pray for the pope of gold
BIS fears emerging market maelstrom as Fed tightens
Dovish central banks distort bunds, linkers, mortgages, BIS says
GATA chairman discusses surreptitious intervention in markets by government
The Statistics:
Activity from: 9/11/2015
Gold Warehouse Stocks: | 7,017,794.914 | -16,644.029 |
Silver Warehouse Stocks: | 166,860,349.388 | +446,887.29 |
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 | 678.183 | 21,804,252 | US$24,009m |
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$4,922m |
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$5,435m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$398m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 27.81 | 893,956 | US$988m |
COMEX Gold Trust (IAU) Total Tonnes in Trust: 159.90
Silver Trust (SLV) Total Tonnes in Trust: 10,017.19
The Miners:
Barrick’s (ABX) cyanide spill, Kirkland’s (KGI.TO) first quarter results, Gold Resource’s (GORO) drill results, and Richmont’s (RIC) addition to the S&P/TSX SmallCap Index were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. IAMGOLD | IAG +6.12% $1.56 |
2. Richmont | RIC +5.94% $3.03 |
3. Coeur | CDE +5.56% $2.85 |
LOSERS
1. B2Gold | BTG -7.56% $1.10 |
2. NovaGold | NG -5.98% $3.46 |
3. New Gold | NGD -5.26% $2.16 |
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: Monday, 14 September 2015 | E-Mail | Print | Source: GoldSeek.com