Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

The Shift is On: Why Institutional Investors Are Buying Gold Again
By: Jeff Clark

The Single Easiest Way To Understand Precious Metal’s Value
By: Andrew Hoffman

Asian Metals Market Update: June-28-2017
By: Chintan Karnani, Insignia Consultants

Gold Seeker Closing Report: Gold and Silver Gain While Stocks, Dollar, and Bonds Fall
By: Chris Mullen, Gold-Seeker.com

Ira Epstein's Metals Video 6 27 2017
By: Ira Epstein

Gold And Silver: Respect The Bar
By: Stewart Thomson

WHEN THIS MASSIVE BUBBLE POPS… What Will Happen To The Precious Metals?
By: Steve St. Angelo, SRSrocco Report

Larger Degree Pullback Coming, But No Market Top Likely YET
By: Avi Gilburt

Brexit One Year Later, in Five Charts
By: Frank Holmes

Zinc One Exercises Option to Acquire and Consolidate the Bongara Zinc-oxide Project and Charlotte Bongara Zinc-oxide Project
By: Zinc One Resources Inc.

 
Search

GoldSeek Web

 
Gold Seeker Closing Report: Gold and Silver Gain With Bonds and Oil
By: Chris Mullen, Gold-Seeker.com

 -- Published: Tuesday, 6 June 2017 | Print  | Disqus 

Please Note: There will not be any Gold Seeker reports for the next week or two.

 

 

Close

Gain/Loss

Gold

$1293.80

+$14.20

Silver

$17.69

+$0.12

XAU

87.39

+5.13%

HUI

204.55

+6.07%

GDM

661.77

+4.62%

JSE Gold

1410.81

+91.44

USD

96.54

-0.27

Euro

112.79

+0.21

Yen

91.37

+0.87

Oil

$48.19

+$0.79

10-Year

2.143%

-0.037

T-Bond

156.375

+0.71875

Dow

21136.23

-0.23%

Nasdaq

6275.06

-0.33%

S&P

2429.33

-0.28%

 
http://goldseek.com/news/2017/6-6-2017%202-05-50%20PM.jpg

 

The Metals:

 

Gold climbed higher throughout most of world trade and ended near its late morning New York high of $1295.90 with a gain of 1.11%.  Silver rose to as high as $17.741 and ended with a gain of 0.68%.

 

Euro gold rose to about €1147, platinum gained $6.50 to $957.50, and copper dropped a penny to about $2.55.

 

Gold and silver equities gained roughly 5% by midafternoon and remained near that level for the rest of the day.

 

The Economy:

 

Report

For

Reading

Expected

Previous

JOLTS - Job Openings

April

6.044M

5.725M

5.785M

 

Home prices pick up steam as spring selling season heats up, CoreLogic says  MarketWatch

China Ready to Buy More Treasuries as Yuan Stabilizes  Bloomberg

Trump's America Is Facing a $13 Trillion Consumer Debt Hangover  Bloomberg

 

Tomorrow brings MBA Mortgage Applications and Consumer Credit.

 

The Markets:

 

Oil jumped higher in late trade and ended almost 2% higher ahead of tomorrow’s inventory data.

 

The U.S. dollar index fell and treasuries rose on geopolitical concerns and uncertainty about Thursday’s ECB meeting, fired FBI Director James Comey’s testimony on Capitol Hill, and Britain’s upcoming election.

 

The Dow, Nasdaq, and S&P traded mostly lower on uneasiness over near-term events.

 

Among the big names making news in the market today were Macy’s, Michaels Companies, Apple, Valeant, Amazon, RBS, and Toshiba.

 

GATA Posts:

 

 

China's gold imports seen jumping 50% as haven demand booms

 

The Statistics:

As of close of business: 6/5/2017

Gold Warehouse Stocks:

8,854,476.009

-

Silver Warehouse Stocks:

204,541,815.854

+909,225.46

 

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

851.003

27,360,594

US$35,377m

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$5,748m

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$6,353m

Australian Stock Exchange (ASX)

Gold Bullion Securities

11.16

358,789

US$463m

Johannesburg Securities Exchange (JSE)

New Gold Debentures

34.33

1,103,760

US$1,383m

Note: No change in Total Tonnes from yesterday’s data.

 

COMEX Gold Trust (IAU) Total Tonnes in Trust: 205.00: +0.66 change from yesterday’s data.

 

Silver Trust (SLV) Total Tonnes in Trust: 10,562.91: -38.26 change from yesterday’s data.

 

The Miners:

 

WINNERS

1.  IAMGOLD

IAG +12.2% $5.06

2.  Gold Standard

GSV +11.63% $1.92

3.  B2Gold

BTG +10.59% $2.82

 

LOSERS

1.  Northern Dynasty

NAK -6.15% $1.68

2.  Silvercorp

SVM -4.92% $3.09

3.  Taseko

TGB -2.40% $1.22

Winners & Losers tracks NYSE and AMEX listed gold and silver mining stocks that trade over $1.

 

- Chris Mullen, Gold Seeker Report

 

- Would you like to receive the Free Daily Gold Seeker Report in your e-mail? Click here

Additional Resources for today’s Gold Seeker Report can be found:

© Gold Seeker 2017

Note: This article may be reproduced provided the article, in full, is used and mention to Gold-Seeker.com is given.

Disclosure: The owner, editor, writer and publisher and their associates are not responsible for errors or omissions.  The author of this report is not a registered financial advisor.  Readers should not view this material as offering investment related advice. Gold-Seeker.com has taken precautions to ensure accuracy of information provided. Information collected and presented are from what is perceived as reliable sources, but since the information source(s) are beyond Gold-Seeker.com’s control, no representation or guarantee is made that it is complete or accurate.  The reader accepts information on the condition that errors or omissions shall not be made the basis for any claim, demand or cause for action.  Past results are not necessarily indicative of future results.  Any statements non-factual in nature constitute only current opinions, which are subject to change.  Nothing contained herein constitutes a representation by the publisher, nor a solicitation for the purchase or sale of securities & therefore information, nor opinions expressed, shall be construed as a solicitation to buy or sell any stock, futures or options contract mentioned herein.  Investors are advised to obtain the advice of a qualified financial & investment advisor before entering any financial transaction.


| Digg This Article
 -- Published: Tuesday, 6 June 2017 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2017



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.