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

Gold Seeker Closing Report: Gold and Silver Give Back Friday’s Gains
By: Chris Mullen, Gold Seeker Report

Operation Twist By Another Name and Method?
By: Gary Tanashian

SWOT Analysis: Gold Bounced Back After Attempts to Knock Down Price
By: Frank Holmes

Hyperinflation in Zimbabwe – It’s back, but maybe not for long
By: JP Koning

Gold Versus Bitcoin: The Pro-Gold Argument Takes Shape
By: John Rubino

Inflation and Counterfeit Credit
By: Keith Weiner

Gold's Interesting Day
By: Rick Ackerman

Two Scenarios, One Strategy
By: Gary Savage

Zinc One Files a Technical Report on Scotia Property
By: Zinc One Resources Inc.

Money and Markets Infographic Shows Silver Most Undervalued Asset
By: GoldCore

 
Search

GoldSeek Web

 
Gold Seeker Closing Report: Gold and Silver Gain Again While Stocks Drop Further
By: Chris Mullen, Gold-Seeker.com

 -- Published: Monday, 27 June 2016 | Print  | Disqus 

 

Close

Gain/Loss

Gold

$1326.50

+$7.60

Silver

$17.75

+$0.03

XAU

94.06

+0.38%

HUI

240.57

+1.13%

GDM

751.88

+1.19%

JSE Gold

2369.61

+82.26

USD

96.44

+0.78

Euro

110.17

-0.87

Yen

98.00

+0.15

Oil

$46.33

-$1.31

10-Year

1.460%

-0.119

T-Bond

173.1875

+3.21875

Dow

17140.24

-1.50%

Nasdaq

4594.44

-2.41%

S&P

2000.54

-1.81%

 
 

 

The Metals:

 

Gold gained $16.53 to $1335.43 at the open of trade last night and climbed to as high as $1333.04 in London before it fell to see a slight loss at $1317.88 in late morning New York trade, but it then bounced back higher in afternoon trade and ended with a gain of 0.58%.  Silver rose to as high as $17.904 trade and ended with a gain of 0.17%.

 

Euro gold rose to about €1204, platinum lost $4 to $978, and copper climbed a couple of cents to about $2.13.

 

Gold and silver equities saw as much as 3% gains at the open before they fell to see about 2% losses in early afternoon trade, but they rallied back higher into the close and ended about 1% higher on the day.

 

The Economy:

 

Report

For

Reading

Expected

Previous

International Trade in Goods

May

-$60.6B

-$59.2B

-$57.5B

 

Tomorrow brings GDP, the Case-Shiller 20-city Index, and Consumer Confidence.

 

The Markets:

 

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

 

Oil fell almost 3% more while the U.S. dollar index and treasuries rose again as the Dow, Nasdaq, and S&P dropped roughly 2% in continued reaction to last Friday’s Brexit vote.

 

Among the big names making news in the market today were Barclays, RBS, Bristol-Myers Squibb, and Marriott.

 

GATA Posts:

 

 

Avery Goodman: What market manipulators have in mind for the UK and the world

 

The Statistics:

As of close of business: 6/24/2016

Gold Warehouse Stocks:

8,968,352.761

+114,264.10

Silver Warehouse Stocks:

151,469,651.598

+701,729.905

 

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

934.313

30,039,090

US$39,777m

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$5,854m

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$6,470m

Australian Stock Exchange (ASX)

Gold Bullion Securities

11.16

358,789

US$474m

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 18.415 tonnes.

 

COMEX Gold Trust (IAU) Total Tonnes in Trust: 201.91: No change from yesterday’s data.

 

Silver Trust (SLV) Total Tonnes in Trust: 10,333.02: No change from yesterday’s data.

 

The Miners:

 

Centerra Gold’s (CG.TO) annual mine plan, Goldcorp’s (GG) 2015 Sustainability Report, Hecla’s (HL) takeover bid for Dolly Varden Silver, and Endeavour Silver’s (EXK) sample results were among the big stories in the gold and silver mining industry making headlines today.

 

WINNERS

1.  Vista Gold

VGZ +28.66% $2.02

2.  Randgold

GOLD +5.67% $106.90

3.  Alamos Gold

AGI +4.38% $8.28

 

LOSERS

1.  Great Panther

GPL -5.70% $1.49

2.  Gold Resource

GORO-5.22% $3.27

3.  First Majestic

AG -4.67% $12.46

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: Monday, 27 June 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 - 2017



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

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