-- Published: Wednesday, 23 September 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1130.10 | +$4.70 |
Silver | $14.79 | -$0.02 |
XAU | 44.60 | -1.39% |
HUI | 104.74 | -1.36% |
GDM | 366.84 | -1.22% |
JSE Gold | 946.78 | -14.86 |
USD | 96.23 | -0.05 |
Euro | 111.84 | +0.56 |
Yen | 83.15 | -0.10 |
Oil | $44.48 | -$1.88 |
10-Year | 2.144% | +0.019 |
T-Bond | 155.4375 | -0.3125 |
Dow | 16279.89 | -0.31% |
Nasdaq | 4752.74 | -0.08% |
S&P | 1938.76 | -0.20% |
The Metals:
Gold gained $8.61 to $1134.01 at about 9:30AM EST before it chopped back lower in the next hour and a half of trade, but it still ended with a gain of 0.42%. Silver rose to as high as $14.925 and ended with a loss of 0.14%.
Euro gold fell to about €1010, platinum lost $6 to $929, and copper fell slightly to about $2.30.
Gold and silver equities drifted lower for most of the day and ended with over 1% losses.
The Economy:
U.S. factory activity stuck at near two-year low in September: Markit Reuters
Fed delay could spur more debt issues to fund share buybacks Reuters
The Fed Is a Lot Closer to Its Target Using This Inflation Measure Bloomberg
Gross Tells Fed to `Get Off Zero Now!' as Economies Run on Empty Bloomberg
Tomorrow brings Initial Jobless Claims, Durable Goods Orders, and New Home Sales.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell over 4% after the Energy Information Administration reported that crude inventories fell 1.9 barrels, gasoline inventories rose 1.4 million barrels, and distillates fell 2.1 million barrels.
The U.S. dollar index saw slight losses as the euro edged higher after ECB President Mario Draghi was not as dovish as many were expecting in his comments today to the European Parliament's Committee on Economic and Monetary Affairs.
Treasuries saw slight losses as the Dow, Nasdaq, and S&P traded mixed in relatively quiet trade.
Among the big names making news in the market today were Volkswagen, RBS, and Boeing.
GATA Posts:
Bron Suchecki: Fractional-reserve bullion banking, Part 3
The Statistics:
As of close of business: 9/22/2015
Gold Warehouse Stocks: | 6,862,280.335 | - |
Silver Warehouse Stocks: | 166,344,009.783 | -528,938.52 |
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 | 675.799 | 21,727,630 | US$24,575m |
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$5,025m |
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$5,557m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$406m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 27.80 | 893,937 | US$999m |
Note: Change in Total Tonnes from yesterday’s data: SPDR added 1.191 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 159.30: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,928.16: -53.41 change from yesterday’s data.
The Miners:
WINNERS
1. Richmont | RIC +3.08% $3.01 |
2. Gold Resource | GORO +2.80% $2.57 |
3. NovaGold | NG +2.27% $3.60 |
LOSERS
1. Paramount | PZG -5.76% $1.12 |
2. Freeport | FCX -5.57% $10.00 |
3. Turquoise | TRQ -5.54% $2.73 |
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: Wednesday, 23 September 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver End Mixed
