-- Published: Monday, 19 September 2016 | Print | Disqus
| Close | Gain/Loss |
Gold | $1313.30 | +$2.40 |
Silver | $19.16 | +$0.39 |
XAU | 92.28 | +0.85% |
HUI | 227.28 | +0.71% |
GDM | 732.18 | +2.13% |
JSE Gold | 2074.85 | -9.39 |
USD | 95.85 | -0.24 |
Euro | 111.77 | +0.20 |
Yen | 98.21 | +0.44 |
Oil | $43.30 | +$0.27 |
10-Year | 1.696% | -0.005 |
T-Bond | 167.25 | +0.0625 |
Dow | 18120.17 | -0.02% |
Nasdaq | 5235.03 | -0.18% |
S&P | 2139.12 | -0.00% |
The Metals:
Gold gained $7.16 to $1318.06 in Asia before it drifted back lower in London and New York, but it still ended with a gain of 0.18%. Silver rose to as high as $19.298 and ended with a gain of 2.08%.
Euro gold remained at about €1075, platinum gained $6 to $1019, and copper stayed at about $2.16.
Gold and silver equities rose roughly 1% in the first half hour of trade and remained near that level for the rest of the day.
The Economy:
Report | For | Reading | Expected | Previous |
NAHB Housing Market Index | Sep | 65 | 59 | 60 |
For Yellen, a September Fed surprise could close confidence gap Reuters
Talk of surprise interest-rate hike in the air as Fed meets MarketWatch
Tomorrow brings Housing Starts and Building Permits.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil edged higher on continued talks over a possible agreement to freeze production levels.
The U.S. dollar index fell and treasuries saw slight gains as the Dow, Nasdaq, and S&P held near unchanged on uncertainty over central bank policy.
Among the big names making news in the market today were BlackRock, Samsung, Unilever, Exxon, and Apple.
GATA Posts:
Monetary forum's 'Seven Ages of Gold' report sees metal regaining status
Greyerz and Leeb comment on gold at King World News
Funds dump gold at fastest pace since May as Fed outlook shifts
Gold miners stick close to home in hunt for more metal
Join GATA in October at the New Orleans conference because you can't lose
BIS flashes red alert for a banking crisis in China
GATA secretary interviewed on Wesleyan University radio station
GATA's Murphy explains gold and silver suppression in X22 Report interview
GoldMoney's Turk discusses gold price suppression on 'Keiser Report'
The Statistics:
As of close of business: 9/16/2016
Gold Warehouse Stocks: | 10,851,189.910 | +63,337.00 |
Silver Warehouse Stocks: | 170,444,415.588 | +1,153,566.767 |
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 | 942.611 | 30,305,879 | US$39,839m |
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$5,834m |
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$6,447m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$471m |
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 added 10.386 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 225.84: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 11,272.98: No change from yesterday’s data.
The Miners:
Barrick’s (ABX) operations in Argentina, Goldcorp’s (GG) board appointment, Nevsun’s (NSU) dividend, Seabridge Gold’s (SA) updated Feasibility Study, Primero’s (PPP) exploration update, and Silver Standard’s (SSRI) agreement with Huayra Minerals were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Paramount | PZG +7.69% $2.10 |
2. IAMGOLD | IAG +3.26% $4.12 |
3. Endeavour Silver | EXK +3.07% $5.03 |
LOSERS
1. Alexco | AXU -5.67% $1.83 |
2. Seabridge | SA -1.62% $10.90 |
3. Richmont | RIC -1.19% $9.97 |
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, 19 September 2016 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold Gains and Silver Surges 2%
