-- Published: Wednesday, 3 September 2014 | Print | Disqus
Gold fell $3.60 to $1261.60 in late Asian trade before it bounced back to $1271.25 in London and then drifted back to roughly unchanged at about 10AM EST, but it then edged back higher into the close and ended with a gain of 0.38%. Silver climbed to $19.252 before it fell back to $19.119, but it still ended with a gain of 0.31%.
Euro gold rose to about €966, platinum gained $2 to $1408, and copper fell a couple of cents to about $3.13.
Gold and silver equities waffled near unchanged and ended slightly lower.
Fed Beige Book survey finds economic pickup usatoday
U.S. mortgage applications rise in latest week: MBA Reuters
Tomorrow brings ADP Employment, Initial Jobless Claims, the Trade Balance, Productivity, Unit Labor Costs, and ISM Services.
Charts Courtesy of http://finance.yahoo.com/
Oil rose on hopes for a possible ceasefire between Russia and Ukraine.
The U.S. dollar edged lower as the euro bounced back on easing geopolitical tensions that sent treasuries lower and the Dow and S&P higher at the open, but bonds edged back higher and the major indices turned mixed by the close on uncertainty about those ceasefire negotiations.
Among the big names making news in the market today were IEX, Jefferies, LinkedIn, Chrysler, and Nissan.
Max Keiser interviews Trace Mayer on bitcoin, gold, GATA, and currency war
Embry: Manipulation causes contrast between gold/silver and platinum/palladium
Activity from: 9/2/2014
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 1.795 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 165.27: -0.18 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,371.35: +59.67 change from yesterday’s data.
Seabridge Gold’s (SA) drill results and Almaden’s (AAU) Preliminary Economic Assessment were among the big stories in the gold and silver mining industry making headlines today.
1. Rio Alto
RIOM +3.20% $2.90
PZG +3.03% $1.02
3. MAG Silver
MVG +2.86% $8.64
PPP -4.13% $6.26
SA -3.57% $10.53
AAU -3.57% $1.35
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, 3 September 2014 | E-Mail | Print | Source: GoldSeek.com