-- Published: Monday, 28 September 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1131.80 | -$14.80 |
Silver | $14.59 | -$0.49 |
XAU | 44.62 | -5.61% |
HUI | 105.28 | -5.47% |
GDM | 370.45 | -4.32% |
JSE Gold | 931.45 | -38.83 |
USD | 96.04 | -0.12 |
Euro | 112.31 | +0.37 |
Yen | 83.36 | +0.44 |
Oil | $44.43 | -$1.27 |
10-Year | 2.095% | -0.073 |
T-Bond | 157.34375 | +1.90625 |
Dow | 16001.89 | -1.92% |
Nasdaq | 4543.96 | -3.04% |
S&P | 1881.77 | -2.57% |
The Metals:
Gold fell $18.52 to $1128.08 by a little before 9AM EST before it bounced back higher into midday, but it still ended with a loss of 1.29%. Silver slipped to as low as $14.507 and ended with a loss of 3.25%.
Euro gold fell to about €1008, platinum lost $31 to $914, and copper fell a few cents to about $2.25.
Gold and silver equities fell throughout most of trade and ended with about 5% losses.
The Economy:
Report | For | Reading | Expected | Previous |
Personal Income | Aug | 0.3% | 0.4% | 0.5% |
Personal Spending | Aug | 0.4% | 0.3% | 0.4% |
PCE Prices – Core | Aug | 0.1% | 0.1% | 0.1% |
Pending Home Sales | Aug | -1.4% | 0.5% | 0.5% |
Tomorrow brings the Case-Shiller 20-city Index and Consumer Confidence.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell along with the U.S. dollar index on worries about the worldwide economy that sent treasuries higher and the Dow, Nasdaq, and S&P as much as 3% lower.
Among the big names making news in the market today were Alcoa, Whole Foods, Apple, Google, GE, Energy Transfer, and Glencore.
GATA Posts:
Zero Hedge: UBS is about to blow the cover on a massive gold-rigging scandal
Embry mocks disinformation at Kitco, cites pervasive corruption
It's all 'perverted' now as U.S. swap spreads tumble below zero
How Sweden's negative interest-rates experiment has turned economics on its head
Switzerland probes banks over precious metals price fixing
Investor lawsuits pile up claiming U.S. Treasury market is rigged
Metals and Minerals Trading Corp. to produce, market India's sovereign gold coins
Lawrence Williams: CPM Group's Christian contrives to minimize Shanghai gold offtake
Indian government may not ask questions about gold submitted for paperizing
The Statistics:
As of close of business: 9/25/2015
Gold Warehouse Stocks: | 6,855,675.365 | -996.65 |
Silver Warehouse Stocks: | 166,308,294.151 | -1,139,412.68 |
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 | 684.140 | 21,995,797 | US$24,870m |
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$5,038m |
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$5,565m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$407m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 27.80 | 893,937 | US$999m |
Note: Change in Total Tonnes from yesterday’s data: SPDR added 3.872 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 160.29: +0.48 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,898.48: No change from yesterday’s data.
The Miners:
Comstock’s (LODE) board appointment, Freeport’s (FCX) drill results, and Avino’s (ASM) commenced concentrate shipments were among the big stories in the gold and silver mining industry making headlines today.
No “winners” today.
LOSERS
1. Freeport | FCX -9.08% $8.91 |
2. AngloGold | AU -8.44% $7.38 |
3. Fortuna | FSM -7.98% $2.19 |
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, 28 September 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Fall With Dollar, Stocks, and Oil
