-- Published: Friday, 18 September 2015 | Print | Disqus
| Close | Gain/Loss | On Week |
Gold | $1139.60 | +$8.30 | +2.86% |
Silver | $15.15 | +$0.04 | +3.55% |
XAU | 48.67 | +0.43% | +8.08% |
HUI | 116.11 | +1.35% | +8.27% |
GDM | 399.28 | +1.98% | +9.78% |
JSE Gold | 982.64 | +34.62 | +9.08% |
USD | 95.30 | +0.90 | +0.15% |
Euro | 112.92 | -1.40 | -0.39% |
Yen | 83.36 | +0.06 | +0.52% |
Oil | $44.45 | -$2.45 | -0.38% |
10-Year | 2.130% | -0.087 | -2.43% |
Bond | 157.25 | +2.6875 | +0.62% |
Dow | 16384.79 | -1.74% | -0.29% |
Nasdaq | 4827.22 | -1.36% | +0.10% |
S&P | 1958.08 | -1.61% | -0.15% |
The Metals:
Gold gained $10.17 to $1141.47 in early New York trade before it edged back lower at times, but it still ended with a gain of 0.73%. Silver rose to as high as $15.43 and ended with a gain of 0.26%.
Euro gold rose to about €1010, platinum lost $3 to $978, and copper fell 9 cents to about $2.38.
Gold and silver equities traded mostly higher and ended with about 1% gains.
The Economy:
Report | For | Reading | Expected | Previous |
Leading Indicators | Aug | 0.1% | 0.2% | 0.0% |
Central banks fret stimulus efforts are falling short Reuters
All of this week’s other economic reports:
NAHB Housing Market Index - September | 62 v. 61 |
Next week’s economic highlights include Existing Home Sales on Monday, the FHFA Housing Price Index on Tuesday, Initial Jobless Claims, Durable Goods Orders, and New Home Sales on Thursday, and GDP and Michigan Sentiment on Friday.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell over 5%, the U.S. dollar index rebounded, and treasuries climbed markedly higher as the Dow, Nasdaq, and S&P dropped roughly 1.5% on worries about the global economy.
Among the big names making news in the market Friday were Volkswagen, Apple, Siemens, BofA, Jinjiang, Credit Suisse, and Altice.
GATA Posts:
Sardinia's privately created local currency endures after six years
Bill Holter: Bron Suchecki is a gentleman
Bron Suchecki: Chill out, gold dudes
Bank of England chief economist suggests negative interest rates and banning cash
Bitcoin is officially a commodity, according to U.S. regulator
The Statistics:
Activity from: 9/17/2015
Gold Warehouse Stocks: | 6,877,744.997 | -95.11 |
Silver Warehouse Stocks: | 168,557,468.003 | +1,022,239.365 |
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$24,884m |
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$5,049m |
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$5,583m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$409m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 27.80 | 893,937 | US$999m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 159.30: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,981.57: No change from yesterday’s data.
The Miners:
Freeport’s (FCX) at-the-market offering of common stock, Newmont’s (NEM) export permit, and Silver Standard’s (SSRI) discovery were among the big stories in the gold and silver mining industry making headlines Friday.
WINNERS
1. Kinross | KGC +9.47% $1.85 |
2. Eldorado | EGO +4.97% $3.17 |
3. IAMGOLD | IAG +4.68% $1.79 |
LOSERS
1. Freeport | FCX -9.71% $10.88 |
2. Coeur | CDE -4.88% $3.12 |
3. Nevsun | NSU -2.98% $2.93 |
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: Friday, 18 September 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Weekly Wrap-Up: Gold and Silver Gain About 3% on the Week
