-- Published: Monday, 5 January 2015 | Print | Disqus
Gold gained $10.24 to $1197.74 in Asia before it fell back to $1186.90 in London, but it then climbed to a new session high of $1207.45 in New York and ended with a gain of 1.52%. Silver surged to as high as $16.239 and ended with a gain of 2.6%.
Euro gold rose to about €1010, platinum gained $12 to $1209, and copper fell 5 cents to about $2.78.
Gold and silver equities remained near unchanged for most of the morning, but they then climbed higher in afternoon trade and ended with about 2% gains.
Fed's Williams: interest rate hike discussion on track for mid-2015 Reuters
U.S. 30-Year Bond Yield Lowest Since 2012 as Inflation Slows Bloomberg
Tomorrow brings Factory Orders and ISM Services.
Charts Courtesy of http://finance.yahoo.com/
Oil dropped another 5% to a new four and a half year low on the continued outlook for ample supplies in the face of tepid demand.
The U.S. dollar rose as the euro fell to a new nine year low on worries about Greece and weak monetary policy from the ECB.
Treasuries saw notable gains as the Dow, Nasdaq, and S&P declined nearly 2% on concerns about Europe and the global oil market.
Among the big names making news in the market today were Berkshire Hathaway, Wainscott Capital, Fiat Chrysler, Nissan, Honda, and Morgan Stanley.
Bron Suchecki: India is getting serious about anti-gold policy
Morgan settles FX price-rigging suit; terms yet to be disclosed
Gold researcher Dimitri Speck interviewed by Lars Schall about price suppression
Sprott's John Embry interviewed on gold by GoldSeek Radio
GoldCore: 2014 was when 'conspiracy theory' became 'conspiracy fact'
GATA reception follows Vancouver Resource Investment Conference
Activity from: 1/2/2015
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: 161.18: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,250.59: No change from yesterday’s data.
Goldcorp’s (GG) dividend, Banro’s (BAA) production update, Silver Wheaton’s (SLW) stream agreement updates, and Santacruz Silver’s (SCZ.V) pipeline malfunction were among the big stories in the gold and silver mining industry making headlines today.
TGD +10.31% $1.07
HMY +8.76% $2.11
MUX +8.18% $1.19
FCX -5.65% $22.15
NSU -3.06% $3.80
TRQ -2.45% $3.19
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, 5 January 2015 | E-Mail | Print | Source: GoldSeek.com