-- Posted 28 June, 2011 | |
| Close | Gain/Loss |
Gold | $1499.80 | +$3.00 |
Silver | $33.64 | +$0.12 |
XAU | 195.32 | +1.64% |
HUI | 508.83 | +1.61% |
GDM | 1477.86 | +1.51% |
JSE Gold | 2340.59 | +34.88 |
USD | 75.06 | -0.28 |
Euro | 143.66 | +0.81 |
Yen | 123.28 | -0.35 |
Oil | $92.89 | +$2.28 |
10-Year | 3.045% | +0.118 |
T-Bond | 124.21875 | -1.28125 |
Dow | 12188.69 | +1.21% |
Nasdaq | 2729.31 | +1.53% |
S&P | 1296.67 | +1.29% |
The Metals:
Gold climbed to $1503.60 in London before it fell to see a 7 cent loss at $1495.73 by about 10AM EST, but it then rose to a new session high of $1506.20 in the next hour of trade and ended with a gain of 0.2%. Silver surged to $34.123 in early London trade before it fell back to $33.532 in midmorning New York trade, but it then rallied back higher midday and ended with a gain of 0.36%.
Euro gold fell to under €1046, platinum gained $15.90 to $1683.90, and copper gained 4 cents to about $4.09.
Gold and silver equities rose over 1.5% by midmorning and remained near that level for the rest of the day.
The Economy:
Report | For | Reading | Expected | Previous |
Case-Shiller 20-city Index | April | -3.96% | -3.9% | -3.77% |
Consumer Confidence | June | 58.5 | 60.8 | 61.7 |
Tomorrow at 10AM EST brings Pending Home Sales for May expected at -0.6%.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil rose while the U.S. dollar index and treasuries fell as the Dow and S&P climbed over 1% more on a continued easing of worries over Greece.
Among the big names making news in the market today were Microsoft, Sprint, Citigroup, and Microsoft.
GATA Posts:
GoldMoney's James Turk interviews Erste Bank's Ronald-Peter Stoferle
Ben Davies: Revolting PIIGS
The Statistics:
As of close of business: 6/27/2011
Gold Warehouse Stocks: | 11,391,347 | -968 |
Silver Warehouse Stocks: | 99,006,652 | +79,060 |
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) | SPDR® Gold Shares | 1209.142 | 38,875,115 | US$58,253m |
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) | Gold Bullion Securities | 115.35 | 3,708,632 | US$5,566m |
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) AND NYSE Euronext Amsterdam | ETFS Physical Gold | 126.23 | 4,058,350 | US$6,086m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 14.21 | 474,034 | US$686m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 48.10 | 1,546,608 | US$2,343m |
NASDAQ Dubai | Dubai Gold Securities | 0.154 | 4,954 | US$7m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 144.46: +1.67 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,621.54: No change from yesterday’s data.
The Miners:
Almaden’s (AAU) drill results, Mines Management’s (MGN) AGM results, and Minefinders’ (MFN) drill results were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Minco Gold | MGH+6.62% $1.61 |
2. Great Panther | GPL +5.88% $3.24 |
3. Rubicon | RBY +5.31% $4.76 |
LOSERS
1. Agnico Eagle | AEM -3.61% $62.66 |
2. Golden Minerals | AUMN-2.83% $18.53 |
3. Claude | CGR -1.10% $1.79 |
Winners & Losers tracks NYSE and AMEX listed gold and silver mining stocks that trade over $1.
All of today's gold and silver stock news:
North American Palladium Provides Palladium Exploration Update: Offset Zone Continues to Expand - More
- June 28, 2011 | Item | ShareThis
Midlands Advises Shareholders of Adjourned Meeting - More
- June 28, 2011 | Item | ShareThis
Valterra Lists on the TSX Venture Exchange - More
- June 28, 2011 | Item | ShareThis
Goldrea Retains Deloitte & Touche Corporate Finance Canada - More
- June 28, 2011 | Item | ShareThis
Globex Receives Large Share Position of Mag Copper Limited - More
- June 28, 2011 | Item | ShareThis
Newcastle Receives Sale Proceeds - More
- June 28, 2011 | Item | ShareThis
Mines Management Announces Results of Annual Meeting and First Quarter 2011 Financial and Operating Results - "At the Meeting, shareholders elected the two director nominees and approved the Auditor Appointment and 2005 Warrant proposals. The foregoing proposals and the results of the shareholder vote thereon are described in more detail in the Company’s Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission (“SEC”) on April 22, 2011, and Form 8-K filed with the SEC on June 21, 2011, respectively." More
- June 28, 2011 | Item | ShareThis
Colombian Mines Continues to Expand the Mineralized Footprint at El Dovio with Underground Intervals Assaying Up to 9.18 g/T Gold Along 21 Meters - More
- June 28, 2011 | Item | ShareThis
Romios Gold Announces Completion of NI 43-101 Report for Its Trek Property in Northwestern British Columbia - More
- June 28, 2011 | Item | ShareThis
Woulfe Mining Update on Progress at Sangdong Project as It Moves Towards Production in 2012 - More
- June 28, 2011 | Item | ShareThis
Buccaneer Gold: Appointment of Vice-President, Exploration - More
- June 28, 2011 | Item | ShareThis
Intrepid Mines Limited: Tujuh Bukit Indonesia - More
- June 28, 2011 | Item | ShareThis
Ur-Energy Announces Inclusion in the Russell 3000 Index - More
- June 28, 2011 | Item | ShareThis
SEMAFO's Yaho Zone More Than Doubles Strike Length to Over 1.5 kilometers - More
- June 28, 2011 | Item | ShareThis
Dia Bras Drills Extensive Molybdenum Mineralization at Its Corralitos Project, Chihuahua State - More
- June 28, 2011 | Item | ShareThis
Anconia Provides Property Update and Announces Investor Relations Contract and Option Grants - More
- June 28, 2011 | Item | ShareThis
Anooraq Resources Corporation - FURTHER CAUTIONARY ANNOUNCEMENT - More
- June 28, 2011 | Item | ShareThis
Sabina Gold & Silver Reports Umwelt Mineralization Now Extended Over a Strike Length of 1.2 km - More
- June 28, 2011 | Item | ShareThis
Legend Gold Announces Proposed Acquisition of Mougnina Exploration Property in Mali - More
- June 28, 2011 | Item | ShareThis
Quadra FNX Renews Labour Agreement at Sudbury Operations - More
- June 28, 2011 | Item | ShareThis
Zenyatta Ventures Ltd. Provides an Update on the Albany Project in Northern Ontario - More
- June 28, 2011 | Item | ShareThis
Orvana Announces Production and Exploration Update at El Valle-Boinas/Carles Gold/Copper Mine, Northern Spain - More
- June 28, 2011 | Item | ShareThis
Cassidy Acquires Exploitation Permit for Kouroussa Gold Project, Guinea, West Africa - More
- June 28, 2011 | Item | ShareThis
U.S. Rare Earth Minerals, Inc. Announces Shareholder Update Letter - More
- June 28, 2011 | Item | ShareThis
Creso Expands Exploration on the Downey-Gibson Property at the West Shining Tree Project, Ontario - More
- June 28, 2011 | Item | ShareThis
Golden Phoenix Joint Venture Partner Scorpio Gold Announces First Gold and Silver Sales From Mineral Ridge Gold Project, Nevada - More
- June 28, 2011 | Item | ShareThis
North Limb Drilling Continues to Return Positive Results at Victory Nickel's Minago Project - More
- June 28, 2011 | Item | ShareThis
Lithium Exploration Group CEO Makes Site Visit - More
- June 28, 2011 | Item | ShareThis
Northquest Ltd. Commences Exploration at the Pistol Bay Gold Project, Nunavut - More
- June 28, 2011 | Item | ShareThis
Silver Spruce Starts Summer Exploration Program-Popes Hill REEs - More
- June 28, 2011 | Item | ShareThis
Metals Creek Resources Corp.: Transportation of the Tilt Cove East Stockpile to the Nugget Pond Mill Has Been Initiated - More
- June 28, 2011 | Item | ShareThis
Osisko Mining Corporation Begins Exploration on Threegold's Adanac Project - More
- June 28, 2011 | Item | ShareThis
Dorato Receives Additional Drill Results for Cobrecon Copper-Gold Porphyry Target; Provides Notice to Shareholders Regarding Delivery of Meeting Materials - More
- June 28, 2011 | Item | ShareThis
NMC Resource Records Solid Financial Results for Q1, 2011 - More
- June 28, 2011 | Item | ShareThis
Uranerz Included in the Russell Family of Indexes - More
- June 28, 2011 | Item | ShareThis
Canadian Zinc Corporation: Environmental Assessment Hearings Completed - More
- June 28, 2011 | Item | ShareThis
Drilling Intersects 0.96 g/t Gold Over 50.00 Meters at Almaden's Caballo Blanco Project, Mexico - "Almaden Minerals Ltd. (TSX:AMM - News)(AMEX:AAU - News) ("Almaden" or "the Company") is pleased to report to its shareholders the results contained in a news release of Goldgroup Mining Inc. (TSX:GGA - News) ("Goldgroup") (see Goldgroup news release of June 28, 2011) in which Goldgroup announced that additional diamond drill holes at the Company's Caballo Blanco gold project in Veracruz, Mexico have yielded significant gold intercepts, extending the La Paila oxide gold zone to the southeast and southwest. Goldgroup reports that drilling remains ongoing to define and to expand the eastern, southern and southwestern flanks of the La Paila gold zone as the zone currently remains open in these directions." More
- June 28, 2011 | Item | ShareThis
ICN Announces Acquisition of Additional Nevada Project and Finalizes Hog Ranch Option and Joint Venture Agreement - More
- June 28, 2011 | Item | ShareThis
Tintina Resources Inc.: In-Fill Drill Results Further Reinforce Continuity of Upper Copper Zone at Sheep Creek Copper-Cobalt-Silver Project - More
- June 28, 2011 | Item | ShareThis
Alto Group Holdings Announces Company Retains Prestigious Mexican Law Firm Goodrich, Riquelme and Associates - More
- June 28, 2011 | Item | ShareThis
Bearing Resources Increases Private Placement to $6 Million - More
- June 28, 2011 | Item | ShareThis
North Country Gold Corp. Expands Gold Mineralization at Antler - More
- June 28, 2011 | Item | ShareThis
Moly Mines Signs US$494 Million Debt Facilities for the Spinifex Ridge Molybdenum/Copper Mine - More
- June 28, 2011 | Item | ShareThis
TNR Gold Advises of Minera Andes Drill Results and Development Updates for the Los Azules Copper Project - More
- June 28, 2011 | Item | ShareThis
Papuan Precious Metals Corporation: Exploration of Au/Cu Porphyry Potential Commences at Elang Area, New Hanover - More
- June 28, 2011 | Item | ShareThis
Quaterra Subsidiary Singatse Peak Services Commences Drilling at Yerington, Nevada - More
- June 28, 2011 | Item | ShareThis
Sandstorm Gold Announces 44 Metres of 4.94 g/t and a Drill Program Extension at Luna Gold's Aurizona Mine - More
- June 28, 2011 | Item | ShareThis
Minefinders Reports 6.46 GPT of Gold-Equivalent Over 67 Metres at La Virginia - "Exploratory drilling began in 2010 in the Con Virginia Zone (central area of the La Virginia District) and then moved to additional targets in the El Campo Santo Zone (located to the north) and the Las Huatas Zone (located to the south). The main focus of the drilling program in 2011 has been at the Las Huatas Zone. A map showing the location of these zones can be found on the Company's website and all potentially significant intercept results received to date are categorized by zone in the tables included at the end of this news release." More
- June 28, 2011 | Item | ShareThis
Luna Gold Drills 44.00 Meters @ 4.94 g/t Au Including 5.00 Meters @ 30.51 g/t Au at Aurizona and Extends Drill Program by 20,000 Meters - More
- June 28, 2011 | Item | ShareThis
Rare Earth Metals Reports Drilling Underway at Red Wine and Springer Projects - More
- June 28, 2011 | Item | ShareThis
Southern Arc Continues to Hit Wide Intervals of Gold Mineralisation in Its Phase 2 Drilling at the Pelangan Prospect, West Lombok - More
- June 28, 2011 | Item | ShareThis
Cream Shareholders Appoint New Chairman and Directors - More
- June 28, 2011 | Item | ShareThis
Typhoon Exploration Inc. Undertakes Airborne Magnetic Geophysical and Electromagnetic Surveys While Pursuing Its Drillings on the Fayolle Property - More
- June 28, 2011 | Item | ShareThis
Grandview Gold Inc. Issues Update to Shareholders - More
- June 28, 2011 | Item | ShareThis
Santa Fe Gold Gears up for Full Production at Summit Silver-Gold Mine - More
- June 28, 2011 | Item | ShareThis
Uranium Resources, Inc. Begins Drilling at Its Los Finados Project in South Texas - More
- June 28, 2011 | Item | ShareThis
Goldgroup Continues to Cut Significant Intercepts of Oxide Gold at Caballo Blanco, Mexico - More
- June 28, 2011 | Item | ShareThis
Endeavour Drilling Continues to Intersect High Grade Silver-Gold Mineralization in the Karina-Fernanda-Daniela Veins at the Guanajuato Mine - More
- June 28, 2011 | Item | ShareThis
Kilo Announces Exploration Update of the Somituri Project, DRC - More
- June 28, 2011 | Item | ShareThis
Axiom Gold and Silver Appoints Roman Friedrich III as Independent Director. - More
- June 28, 2011 | Item | ShareThis
Balmoral Teams With GTA Resources and Mining to Advance Northshore Property in Ontario - More
- June 28, 2011 | Item | ShareThis
GTA Resources Signs LOI With Balmoral Resources on Northshore Gold Project - More
- June 28, 2011 | Item | ShareThis
Portage Minerals Inc Signs Letter of Intent for Bald Hill Antimony Project - More
- June 28, 2011 | Item | ShareThis
Wallbridge Mining Completes Delivery of Broken Hammer Bulk Sample to Strathcona Mill - More
- June 28, 2011 | Item | ShareThis
Special Report: Kyrgyzstan's gold rush on ice - "The bus loaded with supporters of a planned $100 million mine had just left its remote Kyrgyz village when a mob on horseback blocked the road. What happened next was a warning to foreign mining companies who had hoped democracy in Kyrgyzstan would improve the investment climate in the Central Asian republic." More
- June 28, 2011 | Item | ShareThis
Bellhaven Completes Initial Drilling Campaign at La Cantera, La Mina, Colombia - More
- June 28, 2011 | Item | ShareThis
Century Mining Corporation Reports First Quarter 2011 Results - More
- June 28, 2011 | Item | ShareThis
RXE Says Audio Replay of Investor Call Now Available and Reminds Shareholders That Time is Growing Short: Vote the BLUE Proxy Today - More
- June 28, 2011 | Item | ShareThis
Castillian to Complete Titan 24 Survey at Hope Brook, Newfoundland - More
- June 28, 2011 | Item | ShareThis
Pilot Gold Announces Start of Drilling at Brik, New Boston and Viper Projects - More
- June 28, 2011 | Item | ShareThis
Conquest Reports First Quarter Financial Results - More
- June 28, 2011 | Item | ShareThis
Search Minerals Announces Great Western Minerals' Intent to Complete Joint Venture Agreement at Red Wine REE Property, Labrador - More
- June 28, 2011 | Item | ShareThis
Great Western Minerals Group Announces Intent to Complete Joint Venture Agreement With Search Minerals at Red Wine REE Property - More
- June 28, 2011 | Item | ShareThis
Greenwood Gold Resources Releases Updated Technical Report - More
- June 28, 2011 | Item | ShareThis
Yukon-Nevada Gold Corp. Reports on Reserves at Jerritt Canyon, Nevada - More
- June 28, 2011 | Item | ShareThis
CuOro Signs Property Access Agreement and Awards Drilling and Ground Geophysics Contracts - More
- June 28, 2011 | Item | ShareThis
- Chris Mullen, Gold Seeker Report
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-- Posted 28 June, 2011 | |
