-- Published: Wednesday, 3 December 2014 | Print | Disqus
Gold climbed $10.01 to $1208.31 in late Asian trade before it fell back to nearly unchanged at about 7AM EST, but it then rose to a new session high of $1213.83 in New York and ended with a gain of 1.02%. Silver edged up to $16.569 at one point, but it then chopped back lower at times and ended with a loss of 0.18%.
Euro gold rose to about €983, platinum gained $9 to $1223, and copper fell a couple of cents to about $2.88.
Gold and silver equities rose about 3% by late morning and remained near that level for the rest of the day.
Unit Labor Costs
U.S. mortgage applications fall in latest week: MBA Reuters
Fed Beige Book Shows ‘Widespread’ Job Gains Across U.S. Bloomberg
Tomorrow brings Initial Jobless Claims expected at 295,000.
Charts Courtesy of http://finance.yahoo.com/
Oil found slight gains after the Energy Information Administration reported that crude supplies fell 3.7 million barrels, gasoline inventories rose 2.1 million barrels, and distillates rose 3 million barrels.
The U.S. dollar continued to rise as the euro fell ahead of tomorrow’s ECB meeting.
Treasuries held near unchanged on mixed economic data.
The Dow, Nasdaq, and S&P traded mostly slightly higher ahead of this week’s jobs report.
Among the big names making news in the market today were Allstate, Apple, and Sony.
Pam Martens: JPMorgan rushed to hire trader who advertised market-rigging ability
Judge in Liberty Dollar case orders some metal forfeited and some returned
Shanghai gold trade passes record as China seeks more sway
Activity from: 12/2/2014
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 added 2.391 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 161.77: -0.03 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,806.20: -84.94 change from yesterday’s data.
Goldcorp’s (GG) investment in Guatemala, Barrick’s (ABX) joint venture agreement with Saudi Arabian Mining Company Ma'aden, SEMAFO’s (SMF.TO) resumed operations, and Randgold’s (GOLD) comments on stakeholders were among the big stories in the gold and silver mining industry making headlines today.
SAND +10.18% $3.03
IAG +8.11% $2.40
NG +7.27% $2.89
TRQ -3.07% $3.16
RBY -1.96% $1.05
HMY -1.69% $1.82
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: Wednesday, 3 December 2014 | E-Mail | Print | Source: GoldSeek.com