Gold Seeker Closing Report: Gold and Silver Edge Lower
| Close | Gain/Loss |
Gold | $1278.40 | -$2.10 |
Silver | $16.44 | -$0.15 |
XAU | 82.38 | -0.24% |
HUI | 177.84 | -0.02% |
GDM | 620.62 | +0.02% |
JSE Gold | 1064.91 | +16.27 |
USD | 94.79 | +0.02 |
Euro | 116.21 | +0.12 |
Yen | 90.57 | +0.14 |
Oil | $65.85 | +$0.79 |
10-Year | 2.920% | -0.005 |
T-Bond | 144.5625 | +0.0625 |
Dow | 24987.47 | -0.41% |
Nasdaq | 7747.03 | +0.01% |
S&P | 2773.75 | -0.21% |
The Metals:
Gold waffled between $1282.40 and $1277.10 and ended with a loss of 0.16%. Silver chopped between $16.624 and $16.418 and ended with a loss of 0.9%.
Euro gold fell back towards EUR1100, platinum lost $2 to $881, and copper dropped 2 cents to about $3.12.
Gold and silver equities waffled near unchanged and ended mixed.
Homebuilder sentiment drops in June due to soaring lumber costs CNBC
Why heads are exploding at the Fed MarketWatch
China's tariffs on U.S. oil would disrupt $1 billion monthly business Reuters
Tomorrow brings Housing starts and Building permits.
The Markets:
Oil rose over 1% and the U.S. dollar index found slight gains along with treasuries as the Dow, Nasdaq, and S&P traded mostly lower on lingering trade concerns.
Among the big names making news in the market today were Baytex, Adobe, Valeant, Audi, and Fujifilm.
GATA Posts:
The 1838 shipwreck was the Titanic of its time and divers just made an eerie discovery
Bitcoin could break the internet, central bank overseer warns
Ed Steer: 'Da boyz' drop the hammer on gold and silver
Do these hedge fund geniuses have even a clue that the gold market is rigged?
Russia sells half its U.S. Treasuries
Bitcoin pushes ancient gold market to try digital
The Statistics:
As of close of business: 6/15/2018
Gold Warehouse Stocks: | 9,013,296.696 | - |
Silver Warehouse Stocks: | 272,173,362.622 | +896,261.91 |
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(R) Gold Shares | 828.759 | 26,645,429 | US$34,141m |
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierb?rse (Deutsche B?rse - Xetra) | Gold Bullion Securities | 138.13 | 4,441,056 | US$5,676m |
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierb?rse (Deutsche B?rse - Xetra) AND NYSE Euronext Amsterdam | ETFS Physical Gold | 152.66 | 4,908,200 | US$6,277m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$458m |
Note: No change in Total Tonnes from yesterday's data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 276.66: No change from yesterday's data.
Silver Trust (SLV) Total Tonnes in Trust: 9,769.30: -55.62 change from yesterday's data.
Pretivm's (PVG) drill results, Silvercorp's (SVM) exploration results, Avino's (ASM) new director, and Alexco's (AXU) acquisition were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Pretivm | PVG +4.46% $7.50 |
2. Turquoise | TRQ +2.17% $2.82 |
3. Sibanye | SBGL +1.50% $2.71 |
LOSERS
1. Gold Resource | GORO-5.56% $6.29 |
2. Great Panther | GPL -4.92% $1.16 |
3. Eurasian | EMX -4.35% $1.10 |
Winners & Losers tracks NYSE listed gold and silver mining stocks that trade over $1.
- Chris Mullen, Gold Seeker Report
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