-- Published: Tuesday, 11 November 2014 | Print | Disqus
Gold waffled near unchanged in Asia and saw slight gains in London before it showed some weakness in midmorning New York trade, but it then shot back higher midday and ended near its late session high of $1172.97 with a gain of 1.43%. Silver surged to as high as $15.887 and ended with a gain of 1.16%.
Euro gold rose to about €935, platinum gained $9 to $1202, and copper climbed a couple of cents to about $3.03.
Gold and silver equities rose about 3% in the first half hour of trade before they pared their gains by midmorning, but they then rose to new highs in afternoon trade and ended with about 4% gains.
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Charts Courtesy of http://finance.yahoo.com/
Oil ended modestly higher in mixed trade.
The U.S. dollar fell as the euro rose ahead of this week’s economic data.
Treasuries waffled near unchanged along with the Dow, Nasdaq, and S&P in relatively quiet holiday thinned trade.
Among the big names making news in the market today were Alibaba, CFTC, Groupon, McDonald’s, Revel Systems, D.R. Horton, and Google.
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Activity from: 11/10/2014
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 1.794 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 160.42: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,727.23: No change from yesterday’s data.
AuRico’s (AUQ) partnership with Carlisle Goldfields (CGJ.TO), Comstock’s (LODE) permit progress, Banro’s (BAA) third quarter results, SEMAFO’s (SMF.TO) third quarter results, and AngloGold’s (AU) effort to reduce costs were among the big stories in the gold and silver mining industry making headlines today.
FSM +16.01% $4.42
SAND +14.51% $2.91
SVLC +11.54% $1.45
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: Tuesday, 11 November 2014 | E-Mail | Print | Source: GoldSeek.com