-- Published: Tuesday, 26 June 2018 | Print | Disqus
| Close | Gain/Loss |
Gold | $1258.90 | -$6.90 |
Silver | $16.30 | -$0.05 |
XAU | 80.48 | -0.05% |
HUI | 172.93 | -0.70% |
GDM | 612.24 | -0.07% |
JSE Gold | 1024.46 | -36.71 |
USD | 94.71 | +0.41 |
Euro | 116.47 | -0.55 |
Yen | 90.95 | -0.11 |
Oil | $70.53 | +$2.45 |
10-Year | 2.880% | +0.005 |
T-Bond | 144.28125 | -0.0625 |
Dow | 24283.11 | +0.12% |
Nasdaq | 7561.63 | +0.39% |
S&P | 2723.06 | +0.22% |
The Metals:
Gold fell $10.90 to $1254.90 by a little after 8AM EST before it bounced back higher in New York, but it still ended with a loss of 0.55%. Silver slipped to as low as $16.148 and ended with a loss of 0.31%.
Euro gold fell to about €1081, platinum gained $0.50 to $865, and copper climbed a penny to about $3.00.
Gold and silver equities dropped over 1% in the first hour of trade before they rallied back higher into midday, but they still ended with slight losses on the day.
The Economy:
Trump Adviser Talks Down Trade Policy Threat to Calm Markets Bloomberg
Consumer confidence falls in June despite expectations for gains CNBC
Home prices gains are unrelenting in April, Case-Shiller shows MarketWatch
Tomorrow brings Durable goods orders, Core capex orders, Advance trade in goods, and Pending home sales.
The Markets:
Oil jumped nearly 4% after The Wall Street Journal reported that the U.S. expects all countries to cut all oil imports from Iran by November 4th or risk sanctions.
The U.S. dollar index rose and treasuries fell as the Dow, Nasdaq, and S&P bounced back from yesterday’s losses.
Among the big names making news in the market today were Lennar, American Express, Uber, Harley-Davidson, and GE.
GATA Posts:
Ronan Manly: Shareholders Gold Council won't notice the issue that matters most
The Statistics:
As of close of business: 6/25/2018
Gold Warehouse Stocks: | 8,794,213.361 | -8,986.495 |
Silver Warehouse Stocks: | 275,397,187.706 | +1,476,637.854 |
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 | 820.214 | 26,370,707 | US$33,225m |
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$5,605m |
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$6,188m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$452m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 4.42 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 272.02: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,933.22: -29.27 change from yesterday’s data.
The Miners:
Nevsun’s (NSU) initial resource, Yamana’s (AUY) commercial production at Cerro Moro, Paramount’s (PZG) Executive Chairman appointment, and Silvercorp’s (SVM) exploration results were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Alio Gold | ALO +4.23% $1.48 |
2. Freeport | FCX +3.24% $16.25 |
3. Gold Resource | GORO +2.87% $6.82 |
LOSERS
1. Sibanye | SBGL-10.99%$2.51 |
2. Buenaventura | BVN -6.68% $13.84 |
3. DRDGOLD | DRD -4.27% $2.69 |
Winners & Losers tracks NYSE listed gold and silver mining stocks that trade over $1.
- Chris Mullen, Gold Seeker Report
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-- Published: Tuesday, 26 June 2018 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Fall Again
