-- Published: Monday, 6 October 2014 | Print | Disqus
Gold dropped down to $1183.14 at the open of trade last night, but it then rallied back higher for most of the rest of the day and ended near its late session high of $1208.79 with a gain of 1.28%. Silver rose to as high as $17.361 and with a gain of 2.97%.
Euro gold rose to over over €954, platinum gained $16 to $1239, and copper climbed 4 cents to about $3.04.
Gold and silver equities gained throughout most of trade and ended with almost 2% gains.
There were no major economic reports today. Tomorrow brings Consumer Credit for August expected at $20.0 billion.
Charts Courtesy of http://finance.yahoo.com/
Oil saw slight gains as the U.S. dollar fell on uncertainty about fed policy.
Treasuries rose as the Dow, Nasdaq, and S&P dropped on worries about upcoming earnings reports.
Among the big names making news in the market today were Walt Disney, Ford, Samsung, Becton Dickinson and CareFusion, Bitcoin, and Hewlett-Packard.
Koos Jansen: China's gold demand remains strong, silver remains scarce
Jim Sinclair: Spoofing play won't keep gold down for long
Tocqueville's Hathaway: China has it right about gold and the dollar
Activity from: 10/03/2014
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: 162.40: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,884.19: No change from yesterday’s data.
Goldcorp’s (GG) dividend, Yamana’s (AUY) Memorandum of Understanding with the provincial Government of Catamarca, Rio Alto’s (RIOM) third quarter production results, Kirkland’s (KGI.TO) management appointment, Mines Management’s (MGN) permitting progress, and Coeur’s (CDE) third quarter production results and drill results were among the big stories in the gold and silver mining industry making headlines today.
1. Rio Alto
RIOM +7.98% $2.29
2. MAG Silver
MVG +6.65% $7.69
3. Tanzanian Royalty
TRX +5.49% $1.92
RVM -3.57% $1.08
2. Allied Nevada
ANV -2.65% $2.94
XPL -1.65% $1.19
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: Monday, 6 October 2014 | E-Mail | Print | Source: GoldSeek.com