-- Published: Tuesday, 29 September 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1127.40 | -$4.40 |
Silver | $14.64 | +$0.05 |
XAU | 44.84 | +0.49% |
HUI | 105.22 | -0.05% |
GDM | 369.37 | -0.32% |
JSE Gold | 936.67 | +5.22 |
USD | 95.91 | -0.13 |
Euro | 112.51 | +0.04 |
Yen | 83.49 | +0.07 |
Oil | $45.23 | +$0.80 |
10-Year | 2.054% | -0.041 |
T-Bond | 157.875 | +0.34375 |
Dow | 16049.13 | +0.30% |
Nasdaq | 4517.32 | -0.59% |
S&P | 1884.09 | +0.12% |
The Metals:
Gold dipped $7.04 to $1124.76 in London before it bounced back to $1134.57 in midmorning New York trade and then fell back off again in the next four hours of trade, but it then edged back higher into the close and ended with a loss of just 0.39%. Silver slipped to $14.503 before it climbed up to $14.727 and then also fell back off, but it still ended with a gain of 0.34%.
Euro gold fell to about €1002, platinum remained at $914, and copper climbed slightly to about $2.26.
Gold and silver equities rose about 2% in the first half hour of trade before they chopped back lower for most of the rest of trade, but they still ended near unchanged on the day.
The Economy:
Report | For | Reading | Expected | Previous |
Case-Shiller 20-city Index | July | 5.0% | 5.0% | 4.9% |
Consumer Confidence | Sep | 103.0 | 96.0 | 101.3 |
Tomorrow brings APD Employment and Chicago PMI.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil rose ahead of tomorrow’s inventory report.
The U.S. dollar index ended slightly lower and treasuries rose as the Dow, Nasdaq, and S&P traded mixed on continued economic uncertainty.
Among the big names making news in the market today were Glencore, Reynolds American, and RBS.
GATA Posts:
North Carolina House committee rejects teaching gold standard in high school
Bank of England investigated for rigging markets, covering up for banks
The Statistics:
As of close of business: 9/28/2015
Gold Warehouse Stocks: | 6,852,479.609 | -3,195.756 |
Silver Warehouse Stocks: | 166,247,785.021 | -60,522.53 |
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$24,893m |
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$5,026m |
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$5,556m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$405m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 27.80 | 893,937 | US$999m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 160.29: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,871.77: -26.71 change from yesterday’s data.
The Miners:
WINNERS
1. Kinross | KGC +4.37% $1.67 |
2. AngloGold | AU +4.34% $7.70 |
3. Eldorado | EGO +3.44% $3.01 |
LOSERS
1. Richmont | RIC -3.56% $2.71 |
2. B2Gold | BTG -2.83% $1.03 |
3. Alamos | AGI -2.44% $3.60 |
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, 29 September 2015 | E-Mail | Print | Source: GoldSeek.com