Gold Seeker Closing Report: Gold and Silver Climb Higher

	Close	Gain/Loss
Gold	$1004.50	+$5.25
Silver	$16.92	+$0.35
XAU	171.08	+2.43%
HUI	432.24	+3.02%
GDM	1288.27	+2.96%
JSE Gold	2569.65	-7.07
USD	76.47	-0.14
Euro	146.67	+0.45
Yen	109.78	-0.16
Oil	$70.93	+$2.07
10-Year	3.452%	+0.046
T-Bond	120.5625	-0.6875
Dow	9683.41	+0.59%
Nasdaq	2102.64	+0.52%
S&P	1052.63	+0.31%

Gold traded mostly slightly lower in Asia and London and fell further at the open in New York to as low as $992.08 by about 9AM EST, but it then rallied back higher throughout the rest of trade and ended near its late session high of $1006.20 with a gain of 0.52%. Silver fell to as low as $16.40 in early London trade, but it also rallied back higher for the rest of the day and ended near its high of $16.962 with a gain of 2.11%. Both metals have also climbed to new highs in after hours trade.

Euro gold rose to about €686, platinum gained $11.50 to $1322, and copper gained four cents to about $2.83.

Gold and silver equities steadily climbed higher for most of the day and ended with about 3% gains.

Report	For	Reading	Expected	Previous
PPI	Aug	1.7%	0.8%	-0.9%
Core PPI	Aug	0.2%	0.1%	-0.1%
Retail Sales	Aug	2.7%	1.9%	-0.2%
Retail Sales ex-auto	Aug	1.1%	0.4%	-0.5%
Empire Manufacturing	Sep	18.88	15.00	12.08
Business Inventories	July	-1.0%	-0.9%	-1.4%

Tomorrow at 8:30AM EST brings CPI for August expected at 0.3% and Core CPI expected at 0.1%. At 9AM is the Net Long-term TIC Flows report for July, and at 9:15 are Capacity Utilization for August expected at 69.1% and Industrial Production expected at 0.7%.

The U.S. dollar index and treasuries fell as better then expected economic data sent oil and the Dow, Nasdaq, and S&P higher.

Among the big names making news in the market today were Kroger, Intel, Citigroup, and Best Buy.

Note: Change in Total Tonnes from yesterday’s data: SPDR added1.221 tonnes, the LSE added 0.27 tonnes, and the JSE added 0.36 tonnes.

Ivanhoe’s (IVN) mining technology, Newmont’s (NEM) proposed notes offering, US Gold’s (UXG) addition to the S&P/TSX Global Gold Index and S&P/TSX Global Mining Index, Kirkland’s (KGI.TO) operations update, and Silver Standard’s (SSRI) drill results were among the big stories in the gold and silver mining industry making headlines today.

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

Freeport Closes Flow-through Private Placement - More
- September 15, 2009 | Item | E-mail

New mining technology uncovering Mongolian gold - "Mine engineers using technology that can identify ore bodies more than 3,000 meters (10,000 feet) underground have discovered new gold and copper deposits below Mongolia's Gobi desert, Ivanhoe Mines (IVN.TO) Chairman Robert Friedland said on Tuesday." More
- September 15, 2009 | Item | E-mail

Azteca Intercepts Targeted Carbonates at Two Mile; Plans for Down-Hole Geophysics - More
- September 15, 2009 | Item | E-mail

Zinccorp Resources Acquires Land Package Intersected by Destor-Porcupine Fault Zone - More
- September 15, 2009 | Item | E-mail

More high-grade gold values plus 12 hole drilling program for Q-Gold at Mine Centre, Ontario - More
- September 15, 2009 | Item | E-mail

Silver Quest Resources Ltd.: Exploration Update on the Yukon Projects - More
- September 15, 2009 | Item | E-mail

Trevali Commences Resource Expansion Drill Program at Santander Silver-Lead-Zinc Project in Peru - More
- September 15, 2009 | Item | E-mail

Ashburton Announces Commencement of Work on Lithium Project in Nevada Plus Bullion Hills Results - More
- September 15, 2009 | Item | E-mail

Zaruma Resources reports Private Placement - More
- September 15, 2009 | Item | E-mail

Palladon Ventures Provides Update on Company Developments - More
- September 15, 2009 | Item | E-mail

Arianne Announces Second Option Agreement for Lithium on Komo Property, James Bay, Quebec - More
- September 15, 2009 | Item | E-mail

Latin American Minerals Inc. Announces Addition of Gary O'Connor to the Board of Directors - More
- September 15, 2009 | Item | E-mail

SLAM Exploration detects rare earth element at Nash Creek - More
- September 15, 2009 | Item | E-mail

Champion Engages P&E Mining Consultants Inc. and Initiates Mineral Resource Estimations on the Fermont Iron Property, Northeastern Quebec - More
- September 15, 2009 | Item | E-mail

Amerpro Resources Inc. retains Bid Capital - More
- September 15, 2009 | Item | E-mail

Trueclaim Expands Land Holdings at the Scadding Gold Property - More
- September 15, 2009 | Item | E-mail

Canarc Commences Drill Program on Tay-LP Gold Property, Yukon Territory - More
- September 15, 2009 | Item | E-mail

Newmont Announces Proposed Senior Notes Offering - "Newmont Mining Corporation (NYSE: NEM - News; the "Company") today announced its intention to offer its Senior Notes. The offering will be made pursuant to the Company's shelf registration statement filed with the Securities and Exchange Commission." More
- September 15, 2009 | Item | E-mail

International Wayside Gold Mines Announces Upcoming Resource Development and Drill Programs - More
- September 15, 2009 | Item | E-mail

Stina Completes Work on Kodiak Property, Awaiting Results - More
- September 15, 2009 | Item | E-mail

Castle Resources Completes Phase One Drill Program; Options Adjacent Property at Elmtree Gold Project, Bathurst, New Brunswick - More
- September 15, 2009 | Item | E-mail

Azteca Plans Down-Hole Geophysics at Two Mile Project - More
- September 15, 2009 | Item | E-mail

New Significant Uranium Discovery by DIOS on Hotish - More
- September 15, 2009 | Item | E-mail

ATAC Resources Ltd. Announces Positive Results From Cyanide Leach Tests on Oxide Mineralization From Its Rau Gold Property - More
- September 15, 2009 | Item | E-mail

Cartier Confirms High Grade Gold Potential on Its Rambull Property - More
- September 15, 2009 | Item | E-mail

Adex Mining Reports Tin-Indium-Zinc Bulk Sample Results From Mount Pleasant - More
- September 15, 2009 | Item | E-mail

Century Mining Announces Equity Financing Deal For Lamaque - More
- September 15, 2009 | Item | E-mail

Cypress & Skyharbour Drilling Update at Bruce Channel / Red Lake Gold Project, NW Ontario - More
- September 15, 2009 | Item | E-mail

Update on Lac Fortune West, Richmont to Restart Production to the North East of Golden Share's Property - More
- September 15, 2009 | Item | E-mail

Hana Mining Ltd. Reports Positive Results From a Preliminary Groundwater Investigation, Supporting Ghanzi Project - More
- September 15, 2009 | Item | E-mail

Gold Canyon Enters Into Multiple Non-Disclosure Agreements on Rare Earth Prospects Throughout Scandinavia - More
- September 15, 2009 | Item | E-mail

Tres-Or (Ghana) Limited Progresses Toward Gold Production - More
- September 15, 2009 | Item | E-mail

Astorius Resources Plans Drill Program for Pat Copper-Gold Project, BC - More
- September 15, 2009 | Item | E-mail

Landore Resources Limited - Root Lake Property Lithium Deposit - More
- September 15, 2009 | Item | E-mail

New gold discovery on Volta's Gaoua project in Burkina Faso - More
- September 15, 2009 | Item | E-mail

Rockgate Discovers New High-Grade Mineralization at Falea U-Ag-Cu Project, Mali-West Africa - More
- September 15, 2009 | Item | E-mail

Hawthorne Assays 36.3 g/t Au Over 5.36 Metres (Uncut With Estimated True Width of 4.29 Metres); Additional Positive High Grade Results Continue - More
- September 15, 2009 | Item | E-mail

Red Back Mining Inc.: Chirano Exploration and Operations Update - More
- September 15, 2009 | Item | E-mail

Northern Superior Initiates Airborne Magnetic Gradiometer Survey, Ti-pa-haa-kaa-ning Project, Northwestern Ontario - More
- September 15, 2009 | Item | E-mail

Bayswater to Retain Dr. Robert Rich to Sell Reno Creek Uranium Production - More
- September 15, 2009 | Item | E-mail

Thundermin and Cornerstone Announce a $600,000 Diamond Drilling Program for the Little Deer Copper Property, Newfoundland - More
- September 15, 2009 | Item | E-mail

Permanent Access Across Blackbird Mine Site Authorized for Formation's Cobalt Project - More
- September 15, 2009 | Item | E-mail

Shoshone Silver/Gold, Summer 2009 Update - More
- September 15, 2009 | Item | E-mail

Leading Independent Proxy Firm, RiskMetrics ISS Canada, Recommends Securityholders Vote FOR The Arrangement Involving The Combination Of IMA, Kobex ... - More
- September 15, 2009 | Item | E-mail

Canatuan Operation Increases Concentrate Output While Decreasing Cash Costs - More
- September 15, 2009 | Item | E-mail

Capstone Reports Results of Preliminary Economic Assessment on Kutcho Copper-Zinc Project, BC - More
- September 15, 2009 | Item | E-mail

Bannerman Reports Further Drilling Results at the Etango Uranium Project - More
- September 15, 2009 | Item | E-mail

Velocity Minerals Ltd. Announces Commencement of Drilling on Cassiar Moly Property - More
- September 15, 2009 | Item | E-mail

Petaquilla Announces Organizational Changes - More
- September 15, 2009 | Item | E-mail

US Gold Added to the S&P/TSX Global Gold Index & S&P/TSX Global Mining Index - "US GOLD CORPORATION (AMEX:UXG - News) (TSX:UXG - News) is pleased to announce that its common shares have been added to the S&P/TSX Global Gold Index and S&P/TSX Global Mining Index. The S&P/TSX Global Indexes are designed to be dynamic international benchmarks tracking the world's leading mining companies and aims to offer investors broad exposure to the world's gold markets." More
- September 15, 2009 | Item | E-mail

Imperial Metals Corporation: Arrangement Agreement with Selkirk Metals Corp. Signed - "Imperial Metals Corporation (TSX:III - News) is pleased to announce that Selkirk Metals Corp. ("Selkirk") has signed a definitive agreement (the "Agreement") under which Imperial will acquire all of the issued and outstanding shares of Selkirk (the "Transaction")." More
- September 15, 2009 | Item | E-mail

Silver Standard Resources Inc.: Brucejack Drilling Cuts Bonanza Grades - "Silver Standard Resources Inc. (TSX:SSO - News)(NASDAQ:SSRI - News) is pleased to report that diamond drilling in the Brucejack Area of its wholly-owned Snowfield Project continues to intersect significant values of gold-silver mineralization. The property is located 65 kilometers north of the town of Stewart and 15 kilometers southeast of Barrick's high-grade gold-silver mine at Eskay Creek." More
- September 15, 2009 | Item | E-mail

Kirkland Lake Gold Reports an Operations Update & Financial Results Fiscal Q1 2009 - "Gold revenues achieved were $22.5 million, a 24% increase compared to last quarter (Q4 2009: $18.2 million) and a 183% increase compared to fiscal Q1 2009 (Q1 2009: $8.0m) as a result of more ounces being sold. Income for the quarter ended July 31, 2009 of $1,617,859 or $0.03 per share, which compares with a net income of $2,349,177 or $0.04 per share for the previous quarter and a loss of $3,353,500 or $0.06 per share for the same quarter in fiscal 2009." More
- September 15, 2009 | Item | E-mail

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