-- Published: Wednesday, 2 April 2014 | Print | Disqus
Gold climbed over 1% to $1294.49 by late morning in New York before it edged back lower in afternoon trade, but it still ended with a gain of 0.74%. Silver surged to as high as $20.142 and ended with a gain of 0.76%.
Euro gold rose above €937, platinum gained $11 to $1433.00, and copper remained at about $3.05.
Gold and silver equities rose about 3% in the first half hour of trade and remained near that level for the rest of the day.
U.S. mortgage applications fell last week: MBA Reuters
Tomorrow brings Initial Jobless Claims, the Trade Balance, and ISM Services.
Charts Courtesy of http://finance.yahoo.com/
Oil pared early losses after the Energy Information Administration reported that crude inventories fell 2.4 million barrels, gasoline inventories fell 1.6 million barrels, and distillates rose 600,000 barrels.
The U.S. dollar index rose on decent jobs data that sent treasuries lower and the Dow, Nasdaq, and S&P modestly higher.
Among the big names making news in the market today were Monsanto, Pimco, Chrysler, and BlackBerry.
TF Metals Report: Russia mulls conducting trade only in rubles
Bullion market eyes e-platform to revamp London gold benchmark
Zero Hedge: Pushing gold to zero is the core mandate of central bankers everywhere
Vietnam to ban gold bullion at country's borders
Jim Sinclair plans gold market seminar in Toronto on Saturday, April 26
Bix Weir: HFT suspicions get close to the mother ship of gold and silver manipulation
Activity from: 4/1/2014
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 subtracted 2.098 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 165.20: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,212.58: No change from yesterday’s data.
Osisko’s (OSK.TO) confirmed target and partnership with Yamana (AUY), Goldcorp’s (GG) suspended operations in Mexico, and Vista Gold’s (VGZ) repaid debt were among the big stories in the gold and silver mining industry making headlines today.
XPL +15.27% $1.51
2. Mines Management
MGN +14.68% $1.25
3. Great Panther
GPL +10.89% $1.12
AUY -2.27% $8.61
EMXX -1.21% $0.98
3. Northern Dynasty
NAK -0.89% $0.99
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:
© 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.
| Digg This Article
-- Published: Wednesday, 2 April 2014 | E-Mail | Print | Source: GoldSeek.com