-- Published: Friday, 25 September 2015 | Print | Disqus
| Close | Gain/Loss | On Week |
Gold | $1146.60 | -$6.30 | +0.61% |
Silver | $15.08 | -$0.05 | -0.46% |
XAU | 47.27 | -1.27% | -2.88% |
HUI | 111.37 | -1.37% | -4.08% |
GDM | 387.18 | -0.94% | -3.03% |
JSE Gold | 970.28 | +23.50 | -1.26% |
USD | 96.16 | +0.21 | +0.90% |
Euro | 112.06 | +0.11 | -0.76% |
Yen | 83.00 | -0.18 | -0.43% |
Oil | $45.70 | +$0.79 | +2.81% |
10-Year | 2.168% | +0.048 | +1.78% |
Bond | 155.3125 | -1.9375 | -1.23% |
Dow | 16314.67 | +0.70% | -0.43% |
Nasdaq | 4686.49 | -1.01% | -2.92% |
S&P | 1931.34 | -0.05% | -1.37% |
The Metals:
Gold fell $11.97 to $1140.93 in late Asian trade before it bounced back higher in early New York trade, but it still ended with a loss of 0.55%. Silver jumped up to $15.199 at one point, but it then fell back off in late morning New York trade and ended with a loss of 0.33%.
Euro gold fell to about €1023, platinum lost $7 to $945, and copper fell a few cents to about $2.28.
Gold and silver equities fell about 2% at the open, but they then bounced back higher for most of the rest of trade and ended with only minor losses.
The Economy:
Report | For | Reading | Expected | Previous |
GDP | Q2 | 3.9% | 3.7% | 3.7% |
GDP Deflator | Q2 | 2.1% | 2.1% | 2.1% |
Michigan Sentiment | Sep | 87.2 | 87.0 | 85.7 |
All of this week’s other economic reports:
Next week’s economic highlights include Personal Income and Spending, Core PCE Prices, and Pending Home Sales on Monday, the Case-Shiller 20-city Index and Consumer Confidence on Tuesday, APD Employment and Chicago PMI on Wednesday, Initial Jobless Claims, the ISM Index, and Construction Spending on Thursday, and September’s jobs data and Factory Orders on Friday.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil rose along with the U.S. dollar index on decent economic data that sent treasuries lower and the Dow, Nasdaq, and S&P higher for most of trade, but stock then fell back off in the last couple of hours of the day and ended mixed.
Among the big names making news in the market Friday were Apple, Volkswagen, Albertsons, and Google.
GATA Posts:
King Report: Central planners fear their liquidity moving into gold
Fed's Yellen gets medical attention after struggling with speech
The Philippines -- another rich country insisting on being poor
Dave Kranzler: The gold supply on the LBMA is extremely tight
Pat Heller: What is the risk that delayed physical silver deliveries could default?
Mistaken for Bundesbank, Deutsche Bank saved on funding costs
Chris Giles: In cash we trust -- abolish it and you invite tyranny
The Statistics:
Activity from: 9/24/2015
Gold Warehouse Stocks: | 6,856,672.015 | - |
Silver Warehouse Stocks: | 167,447,698.823 | +825,199.40 |
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 | 680.268 | 21,871,292 | US$25,244m |
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$5,086m |
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$5,615m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$411m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 27.80 | 893,937 | US$999m |
Note: Change in Total Tonnes from yesterday’s data: SPDR added 3.873 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 159.81: +0.51 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,898.48: -29.68 change from yesterday’s data.
The Miners:
Exeter's (XRA) Denver Gold Show Presentation and Eldorado’s (EGO) meeting with Greece were among the big stories in the gold and silver mining industry making headlines Friday.
WINNERS
1. DRDGOLD | DRD +6.30% $1.35 |
2. Yamana | AUY +3.53% $1.76 |
3. Paramount | PZG +1.97% $1.22 |
LOSERS
1. B2Gold | BTG -5.93% $1.11 |
2. Coeur | CDE -5.45% $2.95 |
3. Alamos | AGI -5.01% $3.98 |
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, 25 September 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Weekly Wrap-Up: Gold and Silver End Near Unchanged on the Week
