-- Published: Wednesday, 12 February 2014 | Print | Disqus
Gold saw slight losses in Asia before it rallied up to $1296.01 by early afternoon in New York, but it then drifted back lower into the close and ended with a gain of just 0.08%. Silver rose to as high as $20.39 before it also fell back off and ended unchanged on the day.
Euro gold climbed to almost €950, platinum gained $19 to $1403, and copper climbed 4 cents to about $3.26.
Gold and silver equities saw just slight losses for most of the morning, but they then fell back off further in afternoon trade and ended almost 3% lower on the day.
Mortgage applications fall in latest week: MBA Reuters
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Tomorrow brings Initial Jobless Claims, Retail Sales, and Business Inventories.
Charts Courtesy of http://finance.yahoo.com/
Oil rose on higher than expected imports into China.
The U.S. dollar index saw slight gains as the euro fell after some poor factory data raised the possibility of more monetary stimulus from the ECB.
Treasuries remained lower after today’s $24 billion 10-year note auction sold at a yield of 2.795% with a bid to cover of 2.54.
The Dow, Nasdaq, and S&P waffled near unchanged in mixed trade.
Among the big names making news in the market today were Microsoft, GM, and Deere.
Bron Suchecki: How central bank gold lending suppresses gold's price
Bitcoin hit by denial-of-service attacks as regulators prepare clampdown
Activity from: 2/11/2014
Gold Warehouse Stocks:
Silver Warehouse Stocks:
Global Gold ETF Holdings
[WGC Sponsored ETF’s]
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
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra)
Gold Bullion Securities
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) AND NYSE Euronext Amsterdam
ETFS Physical Gold
Australian Stock Exchange (ASX)
Gold Bullion Securities
Johannesburg Securities Exchange (JSE)
New Gold Debentures
Note: Change in Total Tonnes from yesterday’s data: SPDR added 1.799 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 163.18: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,090.68: +44.89 change from yesterday’s data.
Barrick Gold’s (ABX) dividend, Banro’s (BAA) financing, and African Barrick’s rising output were among the big stories in the gold and silver mining industry making headlines today.
ASM +3.47% $2.09
XPL +2.88% $1.07
PVG +1.87% $6.53
FSM -7.14% $4.16
MUX -6.34% $2.66
3. Gold Resource
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
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-- Published: Wednesday, 12 February 2014 | E-Mail | Print | Source: GoldSeek.com