-- Published: Thursday, 29 January 2015 | Print | Disqus
Gold dropped $32.79 to $1252.11 by early afternoon in New York before it bounced back higher into the close, but it still ended with a loss of 2.13%. Silver slipped to as low as $16.739 and ended with a loss of 5.78%.
Euro gold fell to about €1111, platinum lost $35 to $1217, and copper fell slightly to about $2.45.
Gold and silver equities fell over 3% by late morning before they rallied back higher in the last couple of hours of trade, but they still ended with almost 2% losses.
Pending Home Sales
Tomorrow brings GDP, the Employment Cost Index, Chicago PMI, and Michigan Sentiment.
Charts Courtesy of http://finance.yahoo.com/
Oil reversed early losses and ended with a small gain as the market rebounded from yesterday’s near 4% loss.
The U.S. dollar ended slightly higher in mixed trade.
Treasuries fell as the Dow, Nasdaq, and S&P rose to find decent gains in afternoon trade on hopes that the oil market is stabilizing.
Among the big names making news in the market today were Conoco, Alibaba, Time Warner Cable, Dow Chemical, Ford, McDonald’s, Blackstone, and Coach.
At the New York Fed, gold can leave discreetly by the back door
Banks rigging markets are like 'careless fighter pilots'
Sen. Rand Paul re-introduces 'audit the Fed' bill
Central banks irrelevant? Doug Casey says yes but his chief economist disagrees
NY Fed's auxiliary gold vault may be JPM's and a device of foreign policy
Activity from: 1/28/2015
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: 167.54: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,931.80: No change from yesterday’s data.
Comstock’s (LODE) year end results, Claude’s (CGR) Board addition, Santacruz Silver’s (SCZ.V) year end results, and Endeavour Silver’s (EXK) updated NI 43-101 silver and gold reserve and resource estimates were among the big stories in the gold and silver mining industry making headlines today.
1. Gold Fields
GFI +0.53% $5.67
BTG +0.52% $1.94
AU +0.35% $11.44
AGI -7.19% $5.16
DRD -6.41% $2.19
3. Endeavour Silver
EXK -6.07% $2.63
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: Thursday, 29 January 2015 | E-Mail | Print | Source: GoldSeek.com