-- Published: Tuesday, 2 December 2014 | Print | Disqus
Gold dropped $20 to $1192.60 in late Asian trade before it bounced back higher in London and New York, but it still ended with a loss of 1.18%. Silver slipped to as low as $16.084 and ended with a loss of 0.12%.
Euro gold fell to about €968, platinum lost $23 to $1214, and copper fell a few cents to about $2.90.
Gold and silver equities dipped about 3% at the open before they rallied back to about unchanged by midmorning, but they then fell back off again in afternoon trade and ended near their early session lows.
Cyber Monday Slowdown as Consumers Stretch Out Shopping Bloomberg
Fischer, Dudley See Oil Slump Spurring U.S. Consumers to Spend Bloomberg
Tomorrow brings ADP Employment, Productivity, Unit Labor Costs, ISM Services, and the fed’s Beige Book.
Charts Courtesy of http://finance.yahoo.com/
Oil fell as the U.S. dollar jumped to a 5-year high on the outlook for a relatively strong US economy that sent treasuries lower and the Dow, Nasdaq, and S&P higher.
Among the big names making news in the market today were Aviva, Fiat Chrysler, Otuska, Apple, Sprint, and Blackstone.
India's central bank trades foreign currency futures
Fed leak tipped traders to historic stimulus move, prompted secret inquiry
Seth Lipsky on Liberty Dollar founder: A monetary gadfly in an age of fiat money
Hugo Salinas Price: A silver coin that is money to calm the national tantrum in Mexico
Activity from: 12/1/2014
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: 161.80: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,891.14: +68.54 change from yesterday’s data.
Turquoise Hill’s (TRQ) extended closing date, Centerra’s (CG.TO) possible deal with Kyrgyzstan, and Santacruz Silver’s (SCZ.V) third quarter results were among the big stories in the gold and silver mining industry making headlines today.
BTG +5.75% $1.84
TRQ +4.82% $3.26
DRD -11.57% $1.91
MUX -8.67% $1.37
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, 2 December 2014 | E-Mail | Print | Source: GoldSeek.com