-- Published: Tuesday, 16 December 2014 | Print | Disqus
Gold climbed $31.65 to $1223.35 at about 7AM EST before it fell back to $1187.93 in the next four hours of trade, but it then bounced back higher into the close and ended with a gain of 0.39%. Silver rose to as high as $16.641 before it fell back to $15.538 and then also rebounded, but it still ended with a loss of 2.48%.
Euro gold fell to about €956, platinum lost $10 to $1195, and copper fell a couple of cents to about $2.87.
Gold and silver equities rose about 3% at the open before they fell to see slight losses by late morning and then bounced back higher, but they then fell back off again into the close and ended with over 1% losses.
Fed Seen Looking Past Low Inflation to Drop 'Considerable Time' Bloomberg
Tomorrow brings CPI, the Current Account Balance, and a FOMC Rate Decision.
Charts Courtesy of http://finance.yahoo.com/
Oil ended just slightly higher in volatile trade as a surprise interest rate hike in Russia and a weak China PMI reading swung the market on options expiration day.
The U.S. dollar fell as the yen rose on market uncertainty that sent treasuries higher.
The Dow, Nasdaq, and S&P ended notably lower in mixed trade.
Among the big names making news in the market today were Navistar, Honda, Repsol and Talisman Energy, CVS, and RadioShack.
India to weigh gold policy impact after 38% spurt in November imports
Activity from: 12/15/2014
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 2.391 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 161.44: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,606.57: No change from yesterday’s data.
CDE +5.79% $4.57
NSU +5.03% $3.76
GOLD +2.24% $61.78
PPP -10.15% $3.14
SVLC -7.63% $1.21
AGI -6.76% $6.48
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, 16 December 2014 | E-Mail | Print | Source: GoldSeek.com