-- Published: Wednesday, 11 February 2015 | Print | Disqus
Gold saw slight gains in Asia and held near unchanged in London, but it then fell to as low as $1218.64 in New York and ended with a loss of 1.16%. Silver slipped to as low as $16.735 and ended with a loss of 0.71%.
Euro gold fell to about €1080, platinum lost $13 to $1191, and copper fell a couple of cents to about $2.54.
Gold and silver equities fell about 2% in the first half hour of trade and remained near that level for the rest of the day.
Fisher floats Fed changes to fix New York, Washington bias Reuters
U.S. mortgage applications fall in latest week: MBA Reuters
Tomorrow brings Initial Jobless Claims, Retail Sales, and Business Inventories.
Charts Courtesy of http://finance.yahoo.com/
Oil fell after the Energy Information Administration reported that crude inventories rose 4.9 million barrels, gasoline inventories rose 2.0 million barrels, and distillates fell 3.3 million barrels.
The U.S. dollar rose as the euro fell on worries about Greece that sent treasuries higher and the Dow, Nasdaq, and S&P lower for most of trade.
Among the big names making news in the market today were PepsiCo, Time Warner, Apple, Carlyle, and UniCredit.
Gold miners are on the hunt for assets as prices climb
Swiss bank says investors favor gold amid charges on cash
New York Sun: Richard Fisher's next job?
In Canada too, clamor for the banks to get out of the governing business
Low gold price causes Kinross to shelve expansion of African mine
Patrick Heller: Gold wins 15-year asset race
Activity from: 2/10/2015
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: 167.75: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,963.31: No change from yesterday’s data.
NovaGold’s (NG) film, Premier’s (PG.TO) property swap with Goldcorp (GG), and B2Gold’s (BTG) shooting deaths were among the big stories in the gold and silver mining industry making headlines today.
1. Rio Alto
RIOM +3.50% $2.96
DRD +3.20% $2.26
TAHO +2.18% $12.82
KGC -7.10% $2.99
ASM -6.17% $1.52
BTG -5.65% $1.67
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: Wednesday, 11 February 2015 | E-Mail | Print | Source: GoldSeek.com