-- Published: Monday, 29 December 2014 | Print | Disqus
Gold dropped down to $1178.90 by late morning in New York before it bounced back higher in late trade, but it still ended with a loss of 0.96%. Silver slipped to as low as $15.724 and ended with a loss of 1.62%.
Euro gold fell to about €974, platinum lost $16 to $1197, and copper remained at about $2.83.
Gold and silver equities fell about 2% by late morning and remained near that level for the rest of the day.
There were no major economic reports today, and there are none due out tomorrow.
Charts Courtesy of http://finance.yahoo.com/
Oil fell to a new 5-year low on further indications of ample energy supplies around the world.
The U.S. dollar edged higher as the euro saw slight losses on worries about Greece.
Treasuries rose as the Dow, Nasdaq, and S&P waffled near unchanged in quiet trade.
Among the big names making news in the market today were AirAsia, Credit Suisse, and Sony.
Ted Butler: MorganChase's cornering of silver is the perfect crime
Ditching US dollar, China and Russia launch financial tools in local currencies
China's net gold imports from Hong Kong hit 9-month high in November
Activity from: 12/26/2014
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
COMEX Gold Trust (IAU) Total Tonnes in Trust: 161.95.
Silver Trust (SLV) Total Tonnes in Trust: 10,268.46.
Northern Dynasty’s (NAK) completed financing was the only big story in the gold and silver mining industry making headlines today.
1. MAG Silver
MVG +1.32% $6.91
DRD +0.65% $1.53
3. Gold Resource
GORO +0.31% $3.19
SVLC -7.09% $1.18
AGI -6.39% $6.74
3. Endeavour Silver
EXK -5.99% $2.04
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: Monday, 29 December 2014 | E-Mail | Print | Source: GoldSeek.com