-- Published: Thursday, 9 June 2016 | Print | Disqus
| Close | Gain/Loss |
Gold | $1269.30 | +$7.30 |
Silver | $17.30 | +$0.26 |
XAU | 92.33 | +0.79% |
HUI | 235.15 | +1.63% |
GDM | 729.59 | +1.70% |
JSE Gold | 2224.85 | +5.38 |
USD | 94.06 | +0.46 |
Euro | 113.18 | -0.78 |
Yen | 93.37 | -0.08 |
Oil | $50.56 | -$0.67 |
10-Year | 1.680% | -0.026 |
T-Bond | 169.00 | +0.71875 |
Dow | 17985.19 | -0.11% |
Nasdaq | 4958.61 | -0.32% |
S&P | 2115.48 | -0.17% |
The Metals:
Gold fell $5.01 to $1256.99 in London, but it then jumped up to as high as $1271.63 by early afternoon in New York and ended with a gain of 0.58%. Silver surged to as high as $17.325 and ended with a gain of 1.53%.
Euro gold rose to above €1121, platinum lost $5 to $1002, and copper fell 2 cents to about $2.05.
Gold and silver equities gained roughly 1% by midday and remained near that level into the close.
The Economy:
Report | For | Reading | Expected | Previous |
Initial Claims | 6/04 | 264K | 265K | 268K |
Wholesale Inventories | Apr | 0.6% | 0.1% | 0.2% |
Tomorrow brings Michigan Sentiment and the Treasury Budget.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell as the U.S. dollar index rose with treasuries on global growth concerns that sent the Dow, Nasdaq, and S&P lower.
Among the big names making news in the market today were Uber, Tesla, and Chipotle.
The Statistics:
As of close of business: 6/8/2016
Gold Warehouse Stocks: | 8,759,687.737 | -3,247.23 |
Silver Warehouse Stocks: | 151,366,725.325 | -1,656,614.322 |
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 | 881.145 | 28,329,699 | US$35,802m |
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$5,641m |
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$6,234m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$455m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 35.36 | 1,136,896 | US$1,417m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 196.90: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,535.54: No change from yesterday’s data.
The Miners:
SilverCrest’s (SIL.V) drill results and Tahoe’s (TAHO) dividend were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Avino | ASM +12.37% $2.18 |
2. Richmont | RIC +5.39% $8.99 |
3. Fortuna | FSM +4.98% $6.53 |
LOSERS
1. Freeport | FCX -5.87% $10.90 |
2. Nevsun | NSU -2.28% $3.43 |
3. Turquoise | TRQ -1.99% $2.95 |
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: Thursday, 9 June 2016 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Gain With Dollar While Stocks and Oil Slip
