-- Published: Monday, 20 June 2016 | Print | Disqus
| Close | Gain/Loss |
Gold | $1290.10 | -$8.30 |
Silver | $17.50 | +$0.04 |
XAU | 91.01 | +0.74% |
HUI | 226.54 | -0.25% |
GDM | 712.05 | -0.05% |
JSE Gold | 2082.82 | -61.58 |
USD | 93.65 | -0.50 |
Euro | 113.07 | +0.31 |
Yen | 96.22 | +0.21 |
Oil | $49.37 | +$1.39 |
10-Year | 1.670% | +0.052 |
T-Bond | 169.34375 | -1.25 |
Dow | 17804.87 | +0.73% |
Nasdaq | 4837.21 | +0.77% |
S&P | 2083.25 | +0.58% |
The Metals:
Gold fell $20.38 to $1278.02 in London before it bounced back higher in New York, but it still ended with a loss of 0.64%. Silver spiked up to $17.625 by a little before 4AM EST before it dropped back to $17.289 in the next four hours of trade, but it then chopped back higher into the close and ended with a gain of 0.23%.
Euro gold fell to about €1141, platinum gained $16 to $984, and copper climbed 4 cents to about $2.09.
Gold and silver equities fell about 3% in the first fifteen minutes of trade, but they then rallied back higher for the rest of the day and ended near unchanged on the day.
The Economy:
Yellen’s Got Data on Her Side If Congress Quizzes on the Economy Bloomberg
Treasuries Join Sovereign Debt Retreat as Brexit Momentum Fades Bloomberg
Too-tough capital rules may stifle U.S. lending: Fed's Kashkari Reuters
There are no major economic reports due out tomorrow.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil rose almost 3% as the U.S. dollar index dropped along with treasuries while the Dow, Nasdaq, and S&P gained nearly 1% on rising optimism that Britain will vote to remain in the EU on Thursday.
Among the big names making news in the market today were Wal-Mart, Bellus Health, Apple, and Yelp.
GATA Posts:
Hugo Salinas Price: A silver ruble coin for Russia
Only physical market can pry metals free of price suppression, Murphy says
Gold price suppression running into trouble, Murphy tells Future Money Trends
The Statistics:
As of close of business: 6/17/2016
Gold Warehouse Stocks: | 8,827,653.821 | +15,517.85 |
Silver Warehouse Stocks: | 151,061,145.801 | +1,018,269.719 |
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 | 907.879 | 29,189,218 | US$37,407m |
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$5,710m |
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$6,310m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$462m |
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 5.347 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 200.41: +2.01 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,492.67: -168.54 change from yesterday’s data.
The Miners:
Goldcorp’s (GG) investment in Independence Gold, Kinross Gold’s (KGC) suspended operations at its Tasiast mine in Mauritania, SEMAFO’s (SMF.TO) delineation drilling results, and Fortuna’s (FSM) early warning report were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Alexco | AXU +9.09% $1.32 |
2. McEwen | MUX +4.82% $3.48 |
3. Great Panther | GPL +4.52% $1.62 |
LOSERS
1. Vista Gold | VGZ -8.28% $1.33 |
2. Avino | ASM -4.08% $2.35 |
3. Kinross | KGC -2.01% $4.88 |
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: Monday, 20 June 2016 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver End Mixed As Brexit Vote Nears
