-- Published: Tuesday, 19 January 2016 | Print | Disqus
| Close | Gain/Loss |
Gold | $1087.20 | -$1.90 |
Silver | $14.03 | +$0.13 |
XAU | 38.83 | -6.23% |
HUI | 100.70 | -5.63% |
GDM | 350.98 | -3.60% |
JSE Gold | 1346.94 | -62.38 |
USD | 99.07 | +0.19 |
Euro | 109.11 | -0.01 |
Yen | 85.04 | -0.44 |
Oil | $28.46 | -$0.96 |
10-Year | 2.035% | +0.002 |
T-Bond | 158.96875 | -0.0625 |
Dow | 16016.02 | +0.17% |
Nasdaq | 4476.95 | -0.26% |
S&P | 1881.33 | +0.05% |
The Metals:
Gold edged up to $1093.89 in Asia before it dropped back to $1082.99 in London and then bounced back higher in New York, but it still ended with a loss of 0.17%. Silver rose to as high as $14.182 and ended with a gain of 0.94%.
Euro gold fell to about €997, platinum gained $4.50 to $826.50, and copper climbed a few cents to about $1.98.
Gold and silver equities fell roughly 5% by early afternoon and remained near that level for the rest of the day.
The Economy:
Report | For | Reading | Expected | Previous |
NAHB Housing Market Index | Jan | 60 | 61 | 60 |
IMF cuts global growth forecast as China slows Reuters
As leaders chill in Davos, emerging economies going downhill fast Reuters
U.S. tax breaks to lift deficit for first time since 2009: CBO Reuters
Tomorrow brings CPI, Housing Starts, and Building Permits.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell over 3% on confirmation that sanctions on Iran were lifted.
The U.S. dollar index ended slightly higher in mixed trade and treasuries held near unchanged as the Dow, Nasdaq, and S&P erased early gains and closed mixed on renewed concerns about oil.
Among the big names making news in the market today were Morgan Stanley, Bombardier, Macy’s, and BofA.
GATA Posts:
Battered gold miners mount charm offensive to sell executive pay
India offers gold bonds at discount in hope of boosting sales
The Statistics:
As of close of business: 1/15/2016
Gold Warehouse Stocks: | 6,402,930.073 | -1,511.159 |
Silver Warehouse Stocks: | 156,459,855.503 | -2,591,014.681 |
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 | 657.924 | 21,152,930 | US$22,972m |
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$4,827m |
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$5,331m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$390m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 29.16 | 937,644 | US$1,016m |
Note: Change in Total Tonnes from yesterday’s data: SPDR added 3.867 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 161.46: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,795.73: -44.44 change from yesterday’s data.
The Miners:
Gold Resource’s (GORO) drill results, Randgold’s (GOLD) gold mine in the Democratic Republic of Congo, IAMGOLD’s (IAG) update on life-of-mine plans and preliminary operating results, Kirkland’s (KGI.TO) exploration results, Sandstorm’s (SAND) agreement to acquire 56 royalties, Great Panther’s (GPL) 2015 production results, Pan American’s (PAAS) 2015 production results, and First Majestic’s (AG) 2015 production results were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. AngloGold | AU +1.50% $7.44 |
2. Nevsun | NSU +0.86% $2.35 |
3. Richmont | RIC +0.64% $3.13 |
LOSERS
1. IAMGOLD | IAG -14.81% $1.15 |
2. Seabridge | SA -14.75% $5.78 |
3. Silver Standard | SSRI-12.61% $3.85 |
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 2016
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: Tuesday, 19 January 2016 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver End Mixed
