-- Published: Monday, 12 September 2016 | Print | Disqus
| Close | Gain/Loss |
Gold | $1327.00 | -$1.90 |
Silver | $19.13 | +$0.06 |
XAU | 96.75 | +3.53% |
HUI | 239.21 | +3.98% |
GDM | 750.45 | +1.97% |
JSE Gold | 2257.54 | -59.66 |
USD | 95.15 | -0.20 |
Euro | 112.34 | +0.02 |
Yen | 98.22 | +0.84 |
Oil | $46.29 | +$0.41 |
10-Year | 1.672% | UNCH |
T-Bond | 168.34375 | -0.03125 |
Dow | 18325.07 | +1.32% |
Nasdaq | 5211.89 | +1.68% |
S&P | 2159.04 | +1.47% |
The Metals:
Gold edged up to $1330.17 in Asia before it fell back to $1320.94 in early afternoon New York trade and then bounced back higher in the next couple of hours, but it still ended with a loss of 0.14%. Silver slipped to as low as $18.714 before it climbed up to $19.172 and then chopped back lower, but it still ended with a gain of 0.31%.
Euro gold fell to about €1181, platinum lost $7 to $1051, and copper climbed a penny to about $2.10.
Gold and silver equities rose roughly 2% by midmorning before they fell back to about unchanged by midday, but they then climbed back higher in afternoon trade and ended almost 4% higher on the day.
The Economy:
Fed’s Brainard calls for ‘prudence’ in interest-rate policy MarketWatch
Fed's Lockhart: 'Serious discussion' over rate rise warranted Reuters
Fed's Kashkari sees no urgency to raise interest rates MarketWatch
Tomorrow brings the Treasury Budget.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil rose almost 1% as the U.S. dollar index fell after the fed’s Brainard warned against a rush to raise interest rates.
Treasuries traded mixed as the Dow, Nasdaq, and S&P bounced back from last Friday’s significant losses.
Among the big names making news in the market today were HP, Potash Corp. and Agrium, and OpenText.
GATA Posts:
Inside the Bank of England's vaults: Can cash survive?
The Statistics:
As of close of business: 9/9/2016
Gold Warehouse Stocks: | 10,880,902.789 | -11,252.50 |
Silver Warehouse Stocks: | 165,451,783.522 | -259,865.88 |
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 | 939.940 | 30,220,021 | US$40,024m |
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$5,879m |
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$6,493m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$474m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 38.56 | 1,239,670 | US$1,656m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 10.684 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 225.39: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 11,281.84: No change from yesterday’s data.
The Miners:
Barrick’s (ABX) partnership with Cisco, Nevsun (NSU) dividend reinvestment plan, Richmont’s (RIC) guidance revision, Alamos Gold’s (AGI) increase in mineral resources, and Gold Fields’ (GFI) fatal accident at South Deep were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. IAMGOLD | IAG +13.04% $4.42 |
2. Alamos Gold | AGI +11.42% $8.78 |
3. Gold Resource | GORO +11.03% $6.44 |
LOSERS
1. Gold Standard | GSV -1.19% $2.49 |
2. Coeur | CDE -0.68% $13.20 |
3. First Majestic | AG -0.245 $12.28 |
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, 12 September 2016 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Waffle Near Unchanged on Fed Commentary
