-- Published: Wednesday, 12 November 2014 | Print | Disqus
Gold bounced between $1161.42 and $1169.72 in London before it dropped down to $1157.45 in early afternoon New York trade and then edged back higher in late trade, but it still ended with a loss of 0.49%. Silver slipped to as low as $15.569 and ended with a loss of 0.45%.
Euro gold fell to about €933, platinum lost $4 to $1198, and copper remained at about $3.03.
Gold and silver equities rose about 1% in the first hour of trade before they fell to see about 1% losses by late morning, but they then rallied back higher in late trade and ended near unchanged on the day.
Fed's Plosser says strong dollar no big risk to inflation Reuters
Banks to Pay $3.3 Billion in FX-Manipulation Probe Bloomberg
Tomorrow brings Initial Jobless Claims and the Treasury Budget.
Charts Courtesy of http://finance.yahoo.com/
Oil fell “after Saudi Arabia's Oil Minister said the kingdom will not engage in a price war.”
The U.S. dollar rose as the “pound slouched toward recent 14-month lows against the dollar as investors pushed back rate-hike expectations to the fourth quarter of 2015 after the Bank of England's inflation report on Wednesday.”
Treasuries edged higher as the Dow, Nasdaq, and S&P traded mixed in relatively quiet trade.
Among the big names making news in the market today were Toyota, Yahoo, BB&T and Susquehanna, Macy’s, Cathay Financial, and Dow Chemical.
Would you die on your feet or your knees -- or even win?
IAMGold lays off 40% of management and quits World Gold Council
Swiss regulator says UBS tried to manipulate monetary metals fixes
Fines bring bank currency-rigging settlement to $4.3 billion
Gold to find solace from negative lending rate
Activity from: 11/11/2014
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 0.897 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.
Exeter’s (XRA) metallurgical heap leach results, Kirkland’s (KGI.TO) second quarter operational results, Centamin’s (CEE.TO) third quarter results, Barrick’s (ABX) Pascua Lama gold mine, Polyus Gold’s (PGIL.L) credit line, Silver Wheaton’s (SLW) dividend and third quarter results, and First Majestic’s (AG) third quarter results were among the big stories in the gold and silver mining industry making headlines today.
TRQ +5.64% $3.56
HMY +4.40% $1.66
ASM +3.17% $1.30
SAND -10.31% $2.62
2. Gold Resource
GORO -5.96% $3.63
3. Endeavour Silver
EXK -5.63% $2.68
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, 12 November 2014 | E-Mail | Print | Source: GoldSeek.com