-- Published: Tuesday, 6 January 2015 | Print | Disqus
Gold gained $8.73 to $1214.23 in Asia before it fell back towards unchanged in London, but it then shot up to a new session high of $1222.38 in New York and ended with a gain of 1.11%. Silver surged to as high as $16.687 and ended with a gain of 2.04%.
Euro gold rose to about €1024, platinum gained $9 to $1218, and copper remained at about $2.78.
Gold and silver equities gained about 6% by late morning and remained near that level for the rest of the day.
Tomorrow brings ADP Employment, the Trade Balance, and FOMC Minutes.
Charts Courtesy of http://finance.yahoo.com/
Oil continued lower on the outlook for ample supplies.
The U.S. dollar briefly erased early gains after this morning’s worse than expected economic data.
Treasuries rose as the Dow, Nasdaq, and S&P dropped about 1% more on worries about the global economy.
Among the big names making news in the market today were Verizon, Coach, and Ford.
Activity from: 1/5/2015
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: Change in Total Tonnes from yesterday’s data: SPDR subtracted 1.792 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 161.15: -0.03 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,245.96: -4.63 change from yesterday’s data.
Comstock’s (LODE) permit, International Tower Hill’s (ITH) progress update, and Paramount’s (PZG) drill results were among the big stories in the gold and silver mining industry making headlines today.
1. First Majestic
AG +13.27% $6.36
2. Kinross Gold
KGC +12.88% $3.33
AUY +11.44% $4.48
1. Turquoise Hill
TRQ -3.13% $3.09
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, 6 January 2015 | E-Mail | Print | Source: GoldSeek.com