-- Published: Tuesday, 22 September 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1125.40 | -$7.80 |
Silver | $14.81 | -$0.38 |
XAU | 45.23 | -4.66% |
HUI | 106.19 | -5.50% |
GDM | 371.53 | -4.46% |
JSE Gold | 961.64 | -13.44 |
USD | 96.28 | +0.40 |
Euro | 111.29 | -0.60 |
Yen | 83.27 | +0.34 |
Oil | $46.36 | -$0.60 |
10-Year | 2.125% | -0.089 |
Bond | 155.4375 | +1.9375 |
Dow | 16330.47 | -1.09% |
Nasdaq | 4756.72 | -1.50% |
S&P | 1942.74 | -1.23% |
The Metals:
Gold fell $11.75 to $1121.45 by a little after 9AM EST before it bounced back higher into midday, but it still ended with a loss of 0.69%. Silver slipped to as low as $14.726 and ended with a loss of 2.5%.
Euro gold fell to about €1011, platinum lost $32 to $935, and copper dropped 9 cents to about $2.31.
Gold and silver equities dropped about 5% by midafternoon and remained near that level into the close.
The Economy:
Report | For | Reading | Expected | Previous |
FHFA Housing Price Index | July | 0.6% | - | 0.2% |
There are no major economic reports due out tomorrow.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell on worries about energy demand while the U.S. dollar continued higher on expectations for rising interest rates.
Treasuries saw notable gains as the Dow, Nasdaq, and S&P dropped over 1% on economic uncertainty.
Among the big names making news in the market today were Starbucks, Apple, Goldman Sachs, BofA, Glencore, and Volkswagen.
GATA Posts:
Bron Suchecki: Fractional reserve bullion banking, Part 2
Russian billionaire's miner sees gold pain as buying opportunity
The Statistics:
Activity from: 9/21/2015
Gold Warehouse Stocks: | 6,862,280.335 | -9,070.043 |
Silver Warehouse Stocks: | 166,872,948.303 | -896,503.25 |
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 | 674.608 | 21,689,319 | US$24,349m |
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$5,001m |
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$5,528m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$404m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 27.80 | 893,937 | US$999m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 3.575 tonnes.
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:
Newmont’s (NEM) interest in Barrick's (ABX) 50 percent stake in an Australian mine, Goldcorp’s (GG) confidence in the future of its Eleonore gold mine, Eldorado’s (EGO) optimism about Greece’s new government, and Endeavour Silver’s (EXK) drill results were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. DRDGOLD | DRD +1.60% $1.27 |
2. Freeport | FCX +0.57% $10.59 |
3. Turquoise | TRQ +0.35% $2.89 |
LOSERS
1. Coeur | CDE -8.77% $2.81 |
2. Primero | PPP -8.46% $2.38 |
3. Gold Resource | GORO-8.09% $2.50 |
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, 22 September 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Fall Nearly 1% and 3%
