Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

SELLING OUT OF PRECIOUS METALS AND BUYING BITCOIN…. Very Bad Idea
By: Steve St. Angelo

The Bitcoin Bubble Explained in 4 Charts
By: Jake Weber

VXX Sends an Awesome Message from Another Galaxy
By: Rick Ackerman

Asian Metals Market Update: November-22-2017
By: Chintan Karnani, Insignia Consultants

Gold Seeker Closing Report: Gold and Silver Gain With Stocks
By: Chris Mullen, Gold Seeker Report

Ira Epstein's Metals Video 11 21 2017
By: Ira Epstein

Bitcoin, Bail Ins And Bullion
By: Mike Maloney

Tactics For The Gold Bull Era
By: Stewart Thomson

Dow Peaking? The Quick Guide to Diversifying Your Stock Profits
By: Jeff Clark

What History Says for Gold Stocks in 2018-2019
By: Jordan Roy-Byrne CMT, MFTA

 
Search

GoldSeek Web

 
Gold Seeker Closing Report: Gold Gains Over 1% and Silver Surges Nearly 3%
By: Chris Mullen, Gold-Seeker.com

 -- Published: Monday, 6 October 2014 | Print  | Disqus 

 

Close

Gain/Loss

Gold

$1207.00

+$15.20

Silver

$17.31

+$0.50

XAU

79.65

+1.58%

HUI

193.49

+1.96%

GDM

583.52

+1.76%

JSE Gold

1204.50

-4.08

USD

85.77

-0.89

Euro

126.50

+1.36

Yen

91.96

+0.85

Oil

$90.34

+$0.60

10-Year

2.425%

-0.022

Bond

139.4375

+0.21875

Dow

16991.91

-0.10%

Nasdaq

4454.80

-0.47%

S&P

1964.82

-0.16%

 
 

 

The Metals:

 

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.

 

The Economy:

 

There were no major economic reports today.  Tomorrow brings Consumer Credit for August expected at $20.0 billion.

 

The Markets:

 

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.

 

GATA Posts:

 

 

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

 

The Statistics:

Activity from: 10/03/2014

Gold Warehouse Stocks:

9,172,641.889

+34,121.927

Silver Warehouse Stocks:

182,491,593.471

+554,667.13

 

Global Gold ETF Holdings

[WGC Sponsored ETF’s]

 

 

Product name

Total Tonnes

Total Ounces

Total Value

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

767.468

24,674,849

US$29,489m

London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra)

Gold Bullion Securities

138.13

4,441,056

US$5,337m

London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) AND NYSE Euronext Amsterdam

ETFS Physical Gold

152.66

4,908,200

US$8,004m

Australian Stock Exchange (ASX)

Gold Bullion Securities

11.16

358,789

US$433m

Johannesburg Securities Exchange (JSE)

New Gold Debentures

38.04

1,222,979

US$1,509m

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.

 

The Miners:

 

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.

 

WINNERS

1.  Rio Alto

RIOM +7.98% $2.29

2.  MAG Silver

MVG +6.65% $7.69

3.  Tanzanian Royalty

TRX +5.49% $1.92

 

LOSERS

1.  Revett

RVM -3.57% $1.08

2.  Allied Nevada

ANV -2.65% $2.94

3.  Solitario

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

 

- 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: Monday, 6 October 2014 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2017



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.