-- Published: Monday, 26 September 2016 | Print | Disqus
| Close | Gain/Loss |
Gold | $1337.30 | -$0.60 |
Silver | $19.40 | -$0.26 |
XAU | 94.45 | -1.37% |
HUI | 232.70 | -1.04% |
GDM | 744.16 | -0.90% |
JSE Gold | 2115.14 | -43.28 |
USD | 95.28 | -0.21 |
Euro | 112.54 | +0.28 |
Yen | 99.73 | +0.73 |
Oil | $45.93 | +$1.45 |
10-Year | 1.589% | -0.026 |
T-Bond | 168.4375 | +0.625 |
Dow | 18094.83 | -0.91% |
Nasdaq | 5257.49 | -0.91% |
S&P | 2146.10 | -0.86% |
The Metals:
Gold fell $5.11 to $1332.79 in Asia before it bounced back to $1342.17 in morning New York trade, but it then chopped back lower into the close and ended with a loss of 0.045%. Silver slipped to as low as $19.374 and ended with a loss of 1.32%.
Euro gold fell to about €1188, platinum lost $16 to $1034, and copper remained at about $2.20.
Gold and silver equities rose over 1% at the open, but they then drifted back lower for most of the rest of trade and ended with about 1% losses.
The Economy:
Report | For | Reading | Expected | Previous |
New Home Sales | Aug | 609K | 585K | 659K |
Tomorrow brings the Case-Shiller 20-city Index and Consumer Confidence.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil gained over 3% “on renewed hopes that major producers might make progress on a deal to limit production and help whittle down the glut that has loomed over prices for more than two years.”
The U.S. dollar index fell as treasuries rose and the Dow, Nasdaq, and S&P dropped on uncertainty about tonight’s presidential debate.
Among the big names making news in the market today were SunEdison, Deutsche Bank, and Smith & Wesson.
GATA Posts:
Germany will rescue Deutsche Bank if necessary, Allianz exec says
Deutsche Bank shares slump to lowest level in 25 years as Merkel rules out state aid
Fed seeks sharp limit on Wall Street commodity holdings
The Statistics:
As of close of business: 9/23/2016
Gold Warehouse Stocks: | 10,625,739.326 | -61,772.259 |
Silver Warehouse Stocks: | 170,315,019.228 | -20,422.06 |
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 | 951.216 | 30,582,535 | US$40,984m |
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 subtracted 0.297 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 224.41: +0.60 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 11,337.95: +32.48 change from yesterday’s data.
The Miners:
Randgold’s (GOLD) CEO comments about Africa, Kinross Gold’s (KGC) sale of 5,500,000 common shares of Lundin Gold, and Avino’s (ASM) updated NI 43-101 compliant resource estimate were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Eurasian | EMXX +3.77% $1.10 |
2. IAMGOLD | IAG +0.97% $4.16 |
3. Gold Standard | GSV +0.84% $2.39 |
LOSERS
1. Avino | ASM -5.48% $2.07 |
2. Alexco | AXU -5.08% $1.68 |
3. Primero | PPP -4.88% $1.56 |
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, 26 September 2016 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Fall With Stocks and Dollar
