-- Published: Friday, 19 August 2016 | Print | Disqus
| Close | Gain/Loss | On Week |
Gold | $1341.00 | -$11.70 | +0.48% |
Silver | $19.32 | -$0.43 | -1.88% |
XAU | 107.68 | -2.75% | -3.62% |
HUI | 268.53 | -2.22% | -3.62% |
GDM | 834.80 | -2.02% | -3.34% |
JSE Gold | 2597.51 | -8.50 | -7.10% |
USD | 94.47 | +0.39 | -1.32% |
Euro | 113.25 | -0.29 | +1.47% |
Yen | 99.86 | -0.24 | +1.15% |
Oil | $48.52 | +$0.30 | +9.06% |
10-Year | 1.570% | +0.042 | +3.63% |
Bond | 171.0625 | -0.84375 | -1.12% |
Dow | 18552.57 | -0.24% | -0.14% |
Nasdaq | 5238.37 | -0.03% | +0.10% |
S&P | 2183.87 | -0.14% | -0.01% |
The Metals:
Gold fell $14.74 to $1337.96 by a little after 8AM EST before it bounced back higher in midmorning trade, but it still ended with a loss of 0.86%. Silver slipped to as low as $19.253 and ended with a loss of 2.18%.
Euro gold fell to about €1184, platinum lost $16 to $1112, and copper remained at about $2.18.
Gold and silver equities fell almost 3% at the open before they bounced back higher at times, but they still ended with over 2% losses on the day.
The Economy:
All of this week’s other economic reports:
NAHB Housing Market Index - August | 60 v. 59 |
Next week’s economic highlights include New Home Sales on Tuesday, the FHFA Housing Price Index and Existing Home Sales on Wednesday, Initial Jobless Claims and Durable Goods Orders on Thursday, and GDP, International Trade in Goods, and Michigan Sentiment on Friday.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil edged lower on profit taking today, but it still ended over 9% higher on the week.
The U.S. dollar index rose and treasuries fell on more hawkish Fedspeak that sent the Dow, Nasdaq, and S&P lower.
Among the big names making news in the market Friday were Applied Materials, Deere, Foot Locker, Estee Lauder, Deutsche Bank, Viacom, AT&T, Apple, and Google.
GATA Posts:
Jansen's appeal raises money needed for Fort Knox audit documents
The Statistics:
Activity from: 8/18/2016
Gold Warehouse Stocks: | 11,026,917.458 | +27,559.641 |
Silver Warehouse Stocks: | 157,460,176.992 | +697.55 |
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 | 955.994 | 30,736,165 | US$41,374m |
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$5,967m |
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$6,593m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$481m |
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 subtracted 1.781 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 223.85: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 11,056.34: +67.95 change from yesterday’s data.
The Miners:
WINNERS
1. Eurasian | EMXX +1.54% $1.31 |
LOSERS
1. Alexco | AXU -9.77% $1.94 |
2. Mines Management | MGN -8.92% $1.43 |
3. First Majestic | AG -7.47% $15.12 |
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, 19 August 2016 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Weekly Wrap-Up: Gold and Silver End Mixed on the Week
