-- Published: Friday, 23 October 2015 | Print | Disqus
| Close | Gain/Loss | On Week |
Gold | $1164.60 | -$1.70 | -0.90% |
Silver | $15.86 | +$0.02 | -0.94% |
XAU | 56.30 | +2.59% | +0.50% |
HUI | 135.95 | +3.12% | +1.36% |
GDM | 455.47 | +2.40% | +0.18% |
JSE Gold | 1076.02 | +20.55 | -4.46% |
USD | 97.10 | +0.73 | +2.55% |
Euro | 110.10 | -0.98 | -3.06% |
Yen | 82.37 | -0.48 | -1.59% |
Oil | $44.60 | -$0.78 | -5.63% |
10-Year | 2.083% | +0.058 | +2.97% |
Bond | 157.09375 | -1.34375 | -1.02% |
Dow | 17646.70 | +0.90% | +2.50% |
Nasdaq | 5031.86 | +2.27% | +2.97% |
S&P | 2075.15 | +1.10% | +2.07% |
The Metals:
Gold gained $13.11 to $1179.41 at about 8AM EST before it fell back to $1159.15 in the next couple of hours of trade, but it then rallied back higher into the close and ended with a loss of just 0.15%. Silver rose to $16.087 before it dropped back to $15.719, but it then bounced back higher and ended with a gain of 0.13%.
Euro gold rose to about €1058, platinum lost $10 to $998, and copper fell a few cents to about $2.35.
Gold and silver equities climbed steadily higher throughout most of trade and ended with about 3% gains.
The Economy:
All of this week’s economic reports:
NAHB Housing Market Index - October | 64 v. 61 |
Next week’s economic highlights include New Home Sales Monday, Durable Goods Orders, the Case-Shiller 20 city Index, and Consumer Confidence on Tuesday, a FOMC Rate Decision on Wednesday, Initial Jobless Claims, GDP, and Pending Home Sales on Thursday, and Personal Income and Spending, Core PCE Prices, the Employment Cost Index, Chicago PMI, and Michigan Sentiment on Friday.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell almost 2% as the U.S. dollar index rose again “after the People’s Bank of China added to a climate of global monetary easing by cutting its two key interest rates.”
Treasuries fell as the Dow, Nasdaq, and S&P rose roughly 1% on China’s rate cut.
Among the big names making news in the market Friday were Microsoft, Caterpillar, Pandora, and Facebook.
GATA Posts:
Museum of American Finance in New York City will open gold exhibition Nov. 19
The Statistics:
Activity from: 10/22/2015
Gold Warehouse Stocks: | 6,704,069.559 | - |
Silver Warehouse Stocks: | 162,318,644.038 | -52,390.47 |
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 | 697.322 | 22,419,597 | US$26,028m |
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$5,161m |
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$5,703m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$418m |
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: 162.83: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,814.20: No change from yesterday’s data.
The Miners:
WINNERS
1. Seabridge | SA +12.36% $8.91 |
2. Alamos | AGI +6.59% $4.53 |
3. New Gold | NGD +5.73% $2.95 |
LOSERS
1. Paramount | PZG -3.23% $1.16 |
2. Agnico Eagle | AEM -0.10% $29.06 |
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, 23 October 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Weekly Wrap-Up: Gold and Silver Fall Almost 1% on the Week
