-- Published: Thursday, 3 April 2014 | Print | Disqus
Gold edged up to $1293.95 in Asia before it fell back to $1281.72 in London, but it then climbed back higher in New York and ended with a loss of just 0.29%. Silver slipped to as low as $19.673 and ended with a loss of 0.6%.
Euro gold rose to almost €938, platinum gained $5 to $1438, and copper fell a couple of cents to about $3.03.
Gold and silver equities fell almost 2% in the first half hour of trade before they rallied back towards unchanged by midday and then fell back off again in early afternoon trade, but they then bounced back higher into the close and ended with only modest losses.
Jeremy Stein to resign from Federal Reserve MarketWatch
Tomorrow brings March’s jobs data.
Charts Courtesy of http://finance.yahoo.com/
Oil climbed back above $100 a barrel on renewed concerns about Libya.
The U.S. dollar index rose as the euro fell after European Central Bank President Mario Draghi pledged to take further measures to fight deflation if necessary.
Treasuries saw modest gains as the Dow, Nasdaq, and S&P traded mostly lower on worries about the economy.
Among the big names making news in the market today were Apple, Pfizer, GM, IMS, Juniper, and Credit Suisse.
Reuters interviews Rickards about gold's ascent after 'The Death of Money'
Activity from: 4/02/2014
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: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 165.17: -0.03 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,208.04: -4.54 change from yesterday’s data.
AuRico’s (AUQ) completed cash tender offer, Primero’s (PPP) production, cash cost and capital expenditure guidance, Golden Star’s (GSS) drill results, and Goldcorp’s (GG) due diligence were among the big stories in the gold and silver mining industry making headlines today.
RBY +2.78% $1.11
AUQ +2.76% $4.46
3. Gold Fields
GFI +1.05% $3.85
XPL -7.95% $1.39
RIC -7.48% $1.36
3. Mines Management
MGN -7.20% $1.16
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: Thursday, 3 April 2014 | E-Mail | Print | Source: GoldSeek.com