-- Published: Tuesday, 27 October 2015 | Print | Disqus
| Close | Gain/Loss |
Gold | $1166.40 | +$2.70 |
Silver | $15.88 | +$0.02 |
XAU | 54.57 | +0.07% |
HUI | 131.98 | +0.94% |
GDM | 442.92 | -0.03% |
JSE Gold | 1102.44 | +9.19 |
USD | 96.92 | +0.09 |
Euro | 110.49 | -0.07 |
Yen | 83.06 | +0.46 |
Oil | $43.20 | -$0.78 |
10-Year | 2.028% | -0.030 |
T-Bond | 158.4375 | +0.40625 |
Dow | 17581.43 | -0.24% |
Nasdaq | 5030.14 | -0.09% |
S&P | 2065.89 | -0.26% |
The Metals:
Gold bumped up to $1168.23 by a little after 8AM EST before it fell back to $1161.28 in the next 45 minutes of trade, but it then bounced back higher into late morning and ended with a gain of 0.23%. Silver slipped to $15.793 before it rallied back to $15.949 and then fell back off into the close, but it still ended with a gain of 0.13%.
Euro gold rose to about €1056, platinum lost $9 to $984, and copper climbed slightly to about $2.37.
Gold and silver equities waffled near unchanged and ended mostly higher.
The Economy:
Report | For | Reading | Expected | Previous |
Durable Goods | Sep | -1.2% | -1.3% | -3.0% |
Durable Goods -ex trans. | Sep | -0.4% | 0.2% | -0.9% |
Case-Shiller 20-city Index | Aug | 5.1% | 5.0% | 4.9% |
Consumer Confidence | Oct | 97.6 | 102.5 | 102.6 |
Yellen Has Over 6 Million Reasons to Take Her Time Raising Rates Bloomberg
Tomorrow brings a FOMC Rate Decision.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell almost 2% ahead of tomorrow’s inventory data “after the U.S. government announced plans to sell millions of barrels of oil from its Strategic Petroleum Reserve.”
The U.S. dollar index edged higher along with treasuries ahead of tomorrow’s fed meeting.
The Dow, Nasdaq, and S&P fell on mostly disappointing earnings results.
Among the big names making news in the market today were GM, Cummins, Daewoo, Pfizer, BP, Ford, and Comcast.
GATA Posts:
Banks that run credit-default swaps market suspect their own corruption
Ex-Goldman banker and Fed employee will plead guilty in document leak
The Statistics:
As of close of business: 10/26/2015
Gold Warehouse Stocks: | 6,703,769.314 | -300.245 |
Silver Warehouse Stocks: | 162,001,741.808 | -461,791.44 |
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 | 695.535 | 22,362,151 | US$26,060m |
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$5,180m |
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$5,724m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$419m |
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:
Paramount’s (PZG) new Preliminary Economic Assessment, Gold Resource’s (GORO) dividend, Sandstorm’s (SAND) production stream agreements with Yamana Gold (AUY), McEwen’s (MUX) third quarter production results, and Mines Management’s (MGN) compliance were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Yamana | AUY +3.75% $2.49 |
2. Silver Standard | SSRI +3.25% $7.63 |
3. Gold Fields | GFI +1.80% $2.83 |
LOSERS
1. Sandstorm | SAND-10.67% $2.68 |
2. Turquoise | TRQ -5.03% $2.83 |
3. Gold Resource | GORO -5.00% $2.66 |
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, 27 October 2015 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Hold Near Unchanged Again, But End With Gains
