-- Published: Wednesday, 22 June 2016 | Print | Disqus
| Close | Gain/Loss |
Gold | $1266.20 | +$0.30 |
Silver | $17.27 | +$0.04 |
XAU | 90.88 | +1.83% |
HUI | 227.49 | +3.15% |
GDM | 706.29 | +1.29% |
JSE Gold | 2032.45 | -14.06 |
USD | 93.77 | -0.34 |
Euro | 112.99 | +0.53 |
Yen | 95.71 | +0.25 |
Oil | $49.13 | -$0.72 |
10-Year | 1.685% | -0.012 |
T-Bond | 169.3125 | -0.15625 |
Dow | 17780.83 | -0.27% |
Nasdaq | 4833.31 | -0.22% |
S&P | 2085.45 | -0.17% |
The Metals:
Gold dipped $4.50 to $1261.40 in Asia before it bounced back to $1269.31 in early afternoon New York trade and then drifted back lower into the close, but it still ended with a gain of 0.02%. Silver rose to as high as $17.33 before it also fell back off, but it still ended with a gain of 0.23%.
Euro gold fell to about €1120, platinum lost $2 to $972, and copper climbed a penny to about $2.13.
Gold and silver equities saw slight losses for most of the morning, but they then climbed higher in afternoon trade and ended with roughly 2% gains.
The Economy:
Report | For | Reading | Expected | Previous |
FHFA Housing Price Index | Apr | 0.2% | - | 0.8% |
Existing Home Sales | May | 5.53M | 5.50M | 5.43M |
Yellen Productivity Concern Shows Slump's Theory-to-Policy Shift Bloomberg
Fed's Yellen says no special meetings scheduled over Brexit Reuters
Tomorrow brings Initial Jobless Claims and New Home Sales.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil erased early gains and ended over 1% lower after the Energy Information Administration reported that crude inventories fell 900,000 barrels, gasoline inventories rose 600,000 barrels, and distillates rose 200,000 barrels.
The U.S. dollar index fell as the euro rose on concerns over tomorrow’s Brexit vote that sent the Dow, Nasdaq, and S&P modestly lower by the close.
Among the big names making news in the market today were FedEx, Blackberry, and Tesla.
GATA Posts:
GoldCore's O'Byrne: Bullion banks panicking amid shortage of metal
Euroclear looks to apply blockchain to gold market
Brexit fears prompting savers to stuff gold bars in safes at home
Fed's Powell warns that dollar-based Libor could disappear
Robert Appel: Gold price suppression is government policy
Switzerland gold exports jump 20% in May, highest this year
The Statistics:
As of close of business: 6/21/2016
Gold Warehouse Stocks: | 8,841,211.501 | +6,871.40 |
Silver Warehouse Stocks: | 149,388,787.630 | -64,087.875 |
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 | 912.334 | 29,332,458 | US$37,092m |
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$5,631m |
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$6,224m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$454m |
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 3.564 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 201.91: +0.45 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,359.63: -44.34 change from yesterday’s data.
The Miners:
WINNERS
1. Harmony | HMY +8.75% $3.48 |
2. Gold Fields | GFI +6.37% $4.34 |
3. Yamana | AUY +4.67% $4.93 |
LOSERS
1. MAG Silver | MVG-3.53% $12.28 |
2. Turquoise | TRQ -3.18% $3.35 |
3. Almaden | AAU -2.73% $1.18 |
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: Wednesday, 22 June 2016 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver End Slightly Higher Before Brexit Vote Day
