-- Published: Friday, 17 June 2016 | Print | Disqus
| Close | Gain/Loss | On Week |
Gold | $1298.40 | +$16.70 | +1.88% |
Silver | $17.46 | +$0.29 | +0.92% |
XAU | 90.34 | +0.53% | -0.06% |
HUI | 227.11 | +0.23% | -1.65% |
GDM | 712.47 | -0.16% | -0.82% |
JSE Gold | 2144.40 | -10.85 | -6.66% |
USD | 94.15 | -0.41 | -0.47% |
Euro | 112.79 | +0.51 | +0.20% |
Yen | 96.01 | +0.12 | +2.51% |
Oil | $47.98 | +$1.77 | -2.22% |
10-Year | 1.618% | +0.054 | -1.28% |
Bond | 170.59375 | -1.03125 | +0.46% |
Dow | 17675.16 | -0.33% | -1.06% |
Nasdaq | 4800.33 | -0.92% | -1.92% |
S&P | 2071.22 | -0.33% | -1.19% |
The Metals:
Gold gained $14.32 to $1296.02 at about 10:30AM EST before it nearly erased its entire advance in the next half hour of trade, but it then rallied back higher into the close and ended 1.3% higher on the day. Silver rose to as high as $17.492 and ended with a gain of 1.69%.
Euro gold climbed over €1151, platinum gained $1 to $968, and copper remained at about $2.05.
Gold and silver equities waffled near unchanged and ended mixed.
The Economy:
Report | For | Reading | Expected | Previous |
Housing Starts | May | 1164K | 1150K | 1167K |
Building Permits | May | 1138K | 1150K | 1130K |
All of this week’s other economic reports:
NAHB Housing Market Index - June | 60 v. 58 |
Next week’s economic highlights include the FHFA Housing Price Index and Existing Home Sales on Wednesday, Initial Jobless Claims and New Home Sales on Thursday, and Durable Goods Orders and Michigan Sentiment on Friday.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil rose as the U.S. dollar index dropped along with treasuries on easing worries over Brexit.
The Dow, Nasdaq, and S&P fell on concerns about global economic growth.
Among the big names making news in the market Friday were Coca-Cola, Apple, and Viacom.
GATA Posts:
Hints of FX intervention as central banks debate Brexit response
Central banks ready to defeat markets if Britain chooses independence
The Statistics:
Activity from: 6/16/2016
Gold Warehouse Stocks: | 8,812,135.971 | - |
Silver Warehouse Stocks: | 150,042,876.082 | -10,943.57 |
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 | 902.532 | 29,017,322 | US$37,446m |
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$5,723m |
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$6,325m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$464m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 34.88 | 1,121,361 | US$1,417m |
Note: Change in Total Tonnes from yesterday’s data: SPDR added 1.782 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 198.40: +0.75 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,661.21: No change from yesterday’s data.
The Miners:
WINNERS
1. Vista Gold | VGZ +20.83% $1.45 |
2. Almaden | AAU +5.17% $1.22 |
3. Sandstorm | SAND +3.64% $4.55 |
LOSERS
1. Alexco | AXU -12.32% $1.21 |
2. Nevsun | NSU -8.79% $3.01 |
3. Great Panther | GPL -5.49% $1.55 |
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, 17 June 2016 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Weekly Wrap-Up: Gold and Silver Gain Almost 2% and 1% on the Week
