Close | Gain/Loss | |
Gold | $1304.90 | -$1.60 |
Silver | $20.92 | -$0.02 |
XAU | 100.62 | -0.48% |
HUI | 239.56 | -0.46% |
GDM | 735.84 | -0.29% |
JSE Gold | 1555.18 | +6.00 |
USD | 80.81 | +0.04 |
Euro | 134.61 | -0.05 |
Yen | 98.52 | -0.05 |
Oil | $103.12 | +$0.73 |
10-Year | 2.464% | -0.002 |
Bond | 138.50 | -0.0625 |
Dow | 17086.63 | -0.16% |
Nasdaq | 4473.69 | +0.40% |
S&P | 1987.01 | +0.18% |
The Metals:
Gold edged up to $1311.11 at about 8:30AM EST before it chopped back down to $1303.16 by early afternoon in New York, but it then bounced back higher into the close and ended with a loss of just 0.12%. Silver spiked up to $21.045 before it dropped down to $20.896 and then also rebounded, but it still ended with a loss of 0.1%.
Euro gold fell to about €969, platinum lost $3 to $1479, and copper remained at about $3.21.
Gold and silver equities waffled near unchanged and ended slightly lower.
There were no major economic reports today. Tomorrow brings Initial Jobless Claims and New Home Sales.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil rose after the EIA said that crude inventories fell 4 million barrels, gasoline supplies rose 3.4 million barrels, and distillates rose 1.6 million barrels.
The U.S. dollar index ended slightly higher in mixed trade.
Treasuries waffled near unchanged along with the Dow, Nasdaq, and S&P on mixed earnings reports.
Among the big names making news in the market today were PepsiCo, Whirlpool, Apple, Deutsche Bank, LinkedIn, Delta, Biogen, Boeing, and Herbalife.
GATA Posts:
U.K. hastens negotiations for currency-rigging settlement
The revolving door in U.S. government regulation has never spun faster
The Statistics:
Activity from: 7/22/2014
Gold Warehouse Stocks: | 8,554,078.577 | +67,158.21 |
Silver Warehouse Stocks: | 176,257,843.910 | -304,646.57 |
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 | 804.837 | 25,876,306 | US$33,834m |
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$5,803m |
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$8,004m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$468m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 41.89 | 1,346,839 | US$1,766m |
Note: Change in Total Tonnes from yesterday’s data: SPDR added 1.497 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 165.06: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,989.26: -49.26 change from yesterday’s data.
WINNERS
1. Comstock | LODE +2.28% $1.59 |
2. Gold Resource | GORO +2.23% $5.05 |
3. Solitario | XPL +2.13% $1.44 |
LOSERS
1. Rio Alto | RIOM -9.88% $2.43 |
2. Allied Nevada | ANV -5.25% $3.27 |
3. Rubicon | RBY -5.03% $1.51 |
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
- 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:
- http://www.capitalupdates.com
- http://www.goldseek.com
- http://www.silverseek.com
- http://www.goldreview.com
© Gold Seeker 2014
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.
About the author
