-- Published: Monday, 2 March 2015 | Print | Disqus
Gold climbed $12.14 to $1223.24 in Asia, but it then fell back off in London and New York and ended with a loss of 0.46%. Silver slipped to as low as $16.36 and ended with a loss of 1.21%.
Euro gold fell to about €1078, platinum remained at $1185, and copper climbed to about $2.70.
Gold and silver equities drifted lower for most of trade and ended with about 2.5% losses.
PCE Prices – Core
There are no major economic reports due out tomorrow.
Charts Courtesy of http://finance.yahoo.com/
Oil ended modestly lower on reports that Libya’s oil production is rising.
The U.S. dollar ended slightly higher in mixed trade and treasuries fell despite this morning’s worse than expected economic data as many believe the fed is getting closer to raising interest rates anyway.
The Dow, Nasdaq, and S&P rose on apparent relief that today’s economic data was not even worse than reported.
Among the big names making news in the market today were HSBC, HP, Warren Buffett, and NXP.
Lawrence Williams: Could China actually have 30,000 tonnes of gold in reserves?
Activity from: 2/27/2015
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: 166.43: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,131.48: No change from yesterday’s data.
Eldorado’s (EGO) Greece update, Eurasian’s (EMXX) exploration results, Randgold’s (GOLD) board appointment, Silver Bear’s (SBR.TO) promissory notes, and Revett’s (RVM) permitting update were among the big stories in the gold and silver mining industry making headlines today.
PZG +8.04% $1.21
CDE +2.23% $5.97
RBY +0.85% $1.18
EGO -7.41% $5.37
2. Gold Fields
GFI -6.67% $4.34
SAND -6.08% $3.40
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, 2 March 2015 | E-Mail | Print | Source: GoldSeek.com