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

GoldSeek Radio: Gerald Celente and Peter Schiff, and Chris Waltzek
By: radio.GoldSeek.com

Technical Scoop - Weekend Update December 17 2018
By: David Chapman

Gold Market Update
By: Clive Maund

The Misunderstood Flattening Yield Curve
By: John Mauldin

This Market Will Drive Gold in 2019...
By: Jordan Roy-Byrne CMT, MFTA

All (Political) Roads Lead To Massively Higher Government Spending
By: John Rubino

A VERY RARE SETUP: Who Will Win The Tug Of War In The Oil Market?
By: Steve St. Angelo

Gold Seeker Weekly Wrap-Up: Gold and Silver Fall Less Than 1% on the Week
By: Chris Mullen, Gold Seeker Report

The Yield Curve Flattens And Bank Stocks Plunge. Here’s The Connection – And The Prediction
By: John Rubino

COT Gold, Silver and US Dollar Index Report - December 14, 2018
By: GoldSeek.com

 
Search

GoldSeek Web

 
Gold Seeker Closing Report: Gold and Silver End Slightly Lower
By: Chris Mullen, Gold-Seeker.com

 -- Published: Tuesday, 9 February 2016 | Print  | Disqus 

 

Close

Gain/Loss

Gold

$1187.80

-$2.40

Silver

$15.23

-$0.08

XAU

54.34

-4.28%

HUI

145.58

-4.41%

GDM

471.96

-2.39%

JSE Gold

1832.06

-17.77

USD

96.02

-0.71

Euro

112.92

+0.99

Yen

86.93

+0.60

Oil

$27.94

-$1.75

10-Year

1.729%

-0.006

T-Bond

166.03125

UNCH

Dow

16014.38

-0.08%

Nasdaq

4268.76

-0.35%

S&P

1852.21

-0.07%

 
 

 

The Metals:

 

Gold edged down to $1185.75 in Asia before it chopped up to $1198.93 in early afternoon New York trade, but it then fell back off into the close and ended with a loss of 0.2%.  Silver slipped to as low as $15.184 and ended with a loss of 0.52%.

 

Euro gold fell to about €1052, platinum gained $4.5o to $928.50, and copper fell 5 cents to about $2.04.

 

Gold and silver equities waffled near unchanged for most of the morning, but they then fell back off in the last few hours of trade and ended with roughly 3% losses.

 

The Economy:

 

Report

For

Reading

Expected

Previous

Wholesale Inventories

Dec

-0.1%

0.0%

-0.4%

 

Tomorrow brings the Treasury Budget for January.

 

The Markets:

 

Charts Courtesy of http://finance.yahoo.com/

 

Oil fell almost 6% after the Energy Information Administration cut its 2016 price forecasts.

 

The U.S. dollar index fell on continued concerns about the global economy that sent treasuries higher.

 

The Dow, Nasdaq, and S&P ended slightly lower in mixed trade.

 

Among the big names making news in the market today were Deutsche Bank, Viacom, and Coca-Cola.

 

GATA Posts:

 

 

German-language interview with 'Big Reset' author Willem Middelkoop

Six London Metal Exchange members resign, including Rio Tinto

Ronan Manly: January smash in London silver fix arose from broken promises

The probability of negative U.S. rates is on the rise

 

The Statistics:

As of close of business: 2/8/2016

Gold Warehouse Stocks:

6,562,148.908

+47,824.99

Silver Warehouse Stocks:

156,604,925.168

+545,646.393

 

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

703.518

22,618,819

US$26,936m

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$5,304m

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$5,864m

Australian Stock Exchange (ASX)

Gold Bullion Securities

11.16

358,789

US$426m

Johannesburg Securities Exchange (JSE)

New Gold Debentures

29.16

937,427

US$1,114m

Note: Change in Total Tonnes from yesterday’s data: SPDR added 5.056 tonnes.

 

COMEX Gold Trust (IAU) Total Tonnes in Trust: 173.78: +0.75 change from yesterday’s data.

 

Silver Trust (SLV) Total Tonnes in Trust: 9,610.97: No change from yesterday’s data.

 

The Miners:

 

AngloGold’s (AU) need for troops in Ghana and Richmont’s (RIC) updated Mineral Reserves and Resources were among the big stories in the gold and silver mining industry making headlines today.

 

WINNERS

1.  Lake Shore

LSG +5.36% $1.18

2.  Tahoe Resources

TAHO +1.02% $7.92

 

LOSERS

1.  DRDGOLD

DRD -13.37% $3.37

2.  Yamana

AUY -7.09% $2.36

3.  Alamos

AGI -7.06% $3.82

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, 9 February 2016 | 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 - 2019



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


Map

The views contained here may not represent the views of GoldSeek.com, Gold Seek LLC, its affiliates or advertisers. GoldSeek.com, Gold Seek LLC 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, Gold Seek LLC, is strictly prohibited. In no event shall GoldSeek.com, Gold Seek LLC or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.