-- Published: Friday, 8 August 2014 | Print | Disqus
Gold climbed $11.05 to $1322.65 in Asia before it dropped back to $1307.52 in London, but it then bounced back higher in New York and ended with a loss of just 0.015%. Silver rose to as high as $20.161 before it slipped back to $19.865 at one point, but it then edged back higher in late trade and ended with a gain of 0.05%.
Euro gold fell to about €977, platinum remained at $1473, and copper remained at about $3.18.
Gold and silver equities rose over 1% in the first half hour of trade, but they then fell back to about unchanged by midafternoon and remained near that level for the rest of the day.
Unit Labor Costs
All of this week’s other economic reports:
Next week’s economic highlights include JOLTS - Job Openings data and the Treasury Budget on Tuesday, Retail Sales and Business Inventories on Wednesday, Initial Jobless Claims and Export and Import Prices on Thursday, and PPI, Empire Manufacturing, Net Long Term TIC Flows, Industrial Production, Capacity Utilization, and Michigan Sentiment on Friday.
Charts Courtesy of http://finance.yahoo.com/
Oil ended slightly higher in mixed trade as easing worries about Ukraine were offset by news of U.S. air strikes in Iraq.
The U.S. dollar index fell as the yen and Swiss franc rose on safe haven buying.
Treasuries rose on concern about Iraq while the Dow, Nasdaq, and S&P climbed higher on de-escalating tensions in Ukraine.
Among the big names making news in the market Friday were Pfizer, Lululemon, and McDonald’s.
Financial system 'booby-trapped' with leverage, Stockman warns
Alasdair Macleod: No market crashes anymore, just currency risk
Activity from: 8/7/2014
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: 165.93: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,101.29: +67.16 change from yesterday’s data.
1. Gold Resource
GORO +6.88% $5.75
CDE +4.05% $7.97
NSU +3.38% $3.98
1. Allied Nevada
ANV -4.59% $3.12
PPP -4.12% $7.21
XPL -4.03% $1.43
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: Friday, 8 August 2014 | E-Mail | Print | Source: GoldSeek.com