Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

Gold Seeker Closing Report: Gold and Silver Give Back Friday’s Gains
By: Chris Mullen, Gold Seeker Report

Operation Twist By Another Name and Method?
By: Gary Tanashian

SWOT Analysis: Gold Bounced Back After Attempts to Knock Down Price
By: Frank Holmes

Hyperinflation in Zimbabwe – It’s back, but maybe not for long
By: JP Koning

Gold Versus Bitcoin: The Pro-Gold Argument Takes Shape
By: John Rubino

Inflation and Counterfeit Credit
By: Keith Weiner

Gold's Interesting Day
By: Rick Ackerman

Two Scenarios, One Strategy
By: Gary Savage

Zinc One Files a Technical Report on Scotia Property
By: Zinc One Resources Inc.

Money and Markets Infographic Shows Silver Most Undervalued Asset
By: GoldCore

 
Search

GoldSeek Web

 
Gold Seeker Closing Report: Gold and Silver Fall With Dollar, Stocks, and Oil
By: Chris Mullen, Gold-Seeker.com

 -- 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

 

- Would you like to receive the Free Daily Gold Seeker Report in your e-mail? Click here

Additional Resources for today’s Gold Seeker Report can be found:

© Gold Seeker 2015

Note: This article may be reproduced provided the article, in full, is used and mention to Gold-Seeker.com is given.

Disclosure: The owner, editor, writer and publisher and their associates are not responsible for errors or omissions.  The author of this report is not a registered financial advisor.  Readers should not view this material as offering investment related advice. Gold-Seeker.com has taken precautions to ensure accuracy of information provided. Information collected and presented are from what is perceived as reliable sources, but since the information source(s) are beyond Gold-Seeker.com’s control, no representation or guarantee is made that it is complete or accurate.  The reader accepts information on the condition that errors or omissions shall not be made the basis for any claim, demand or cause for action.  Past results are not necessarily indicative of future results.  Any statements non-factual in nature constitute only current opinions, which are subject to change.  Nothing contained herein constitutes a representation by the publisher, nor a solicitation for the purchase or sale of securities & therefore information, nor opinions expressed, shall be construed as a solicitation to buy or sell any stock, futures or options contract mentioned herein.  Investors are advised to obtain the advice of a qualified financial & investment advisor before entering any financial transaction.


| Digg This Article
 -- Published: Monday, 28 September 2015 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2017



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.