-- Published: Thursday, 22 September 2016 | Print | Disqus
| Close | Gain/Loss |
Gold | $1337.10 | +$3.10 |
Silver | $19.90 | +$0.07 |
XAU | 98.78 | -0.43% |
HUI | 241.94 | -1.01% |
GDM | 772.64 | +0.38% |
JSE Gold | 2182.28 | +83.79 |
USD | 95.41 | -0.13 |
Euro | 112.04 | +0.12 |
Yen | 99.21 | -0.46 |
Oil | $46.32 | +$0.98 |
10-Year | 1.632% | -0.036 |
T-Bond | 167.75 | +1.15625 |
Dow | 18392.46 | +0.54% |
Nasdaq | 5339.52 | +0.85% |
S&P | 2177.18 | +0.65% |
The Metals:
Gold edged down to $1331.45 in Asia before it climbed up to $1343.53 by midday in New York and then fell back off in the next few hours of trade, but it still ended with a gain of 0.23%. Silver rose to as high as $20.052 and ended with a gain of 0.35%.
Euro gold remained at about €1193, platinum gained $1 to $1052, and copper climbed 4 cents to about $2.20.
Gold and silver equities rose over 2% at the open before they fell to see as much as 2% losses by midafternoon, but they then bounced back higher into the close and ended near unchanged.
The Economy:
Report | For | Reading | Expected | Previous |
Initial Claims | 9/17 | 252K | 262K | 260K |
FHFA Housing Price Index | Jul | 0.5% | - | 0.3% |
Existing Home Sales | Aug | 5.33M | 5.50M | 5.38M |
Leading Indicators | Aug | -0.2% | 0.1% | 0.5% |
There are no major economic reports due out tomorrow.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil rose over 2% on continued chatter over a deal to possibly freeze output levels.
The U.S. dollar index fell and treasuries rose with the Dow, Nasdaq, and S&P again in continued reaction to yesterday’s fed announcement.
Among the big names making news in the market today were Maersk, Morgan Stanley, Mylan, Yahoo, and KDB.
The Statistics:
As of close of business: 9/21/2016
Gold Warehouse Stocks: | 10,705,125.851 | -139,441.159 |
Silver Warehouse Stocks: | 171,011,364.788 | +318,171.44 |
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 | 944.391 | 30,363,118 | US$40,650m |
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$5,951m |
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$6,580m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$480m |
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 5.638 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 223.51: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 11,305.47: No change from yesterday’s data.
The Miners:
WINNERS
1. Freeport | FCX +4.17% $10.98 |
2. Exeter | XRA +3.15% $1.31 |
3. Gold Standard | GSV +2.50% $2.46 |
LOSERS
1. Harmony | HMY -5.84% $3.55 |
2. Vista Gold | VGZ -5.78% $1.03 |
3. First Majestic | AG -5.53% $11.96 |
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: Thursday, 22 September 2016 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver End Slightly Higher
