-- Published: Tuesday, 3 March 2015 | Print | Disqus
Gold dipped down to $1195.54 in early Asian trade before it rallied up to $1214.68 at about 10AM EST, but it then fell back to $1201.87 in the next hour of trade and ended with a loss of 0.19%. Silver slipped to as low as $16.081 and ended with a loss of 0.67%.
Euro gold fell to about €1077, platinum lost $2 to $1183, and copper fell 4 cents to about $2.66.
Gold and silver equities rose over 1% in the first half hour of trade, but they then fell back off for most of the rest of the day and ended with about 2% losses.
There were no major economic reports today. Tomorrow brings ADP Employment, ISM Services, and the fed’s Beige Book.
Charts Courtesy of http://finance.yahoo.com/
Oil rose on worries about Libya and Iran.
The U.S. dollar edged lower as the yen rose on comments from an economic adviser to Japanese Prime Minister Shinzo Abe.
Treasuries fell along with the Dow, Nasdaq, and S&P ahead of this week’s jobs data.
Among the big names making news in the market today were Honda, Lumber Liquidators, JPMorgan, and Alibaba.
Jim Rickards: Why the U.S. is helping China accumulate gold
Gold repatriation movement is far broader than generally understood
Activity from: 3/2/2015
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: Change in Total Tonnes from yesterday’s data: SPDR subtracted 7.763 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 165.97: -0.46 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,143.39: +11.91 change from yesterday’s data.
Comstock’s (LODE) management advances and Rio Alto’s (RIOM) NI 43-101 Technical Report were among the big stories in the gold and silver mining industry making headlines today.
ASM +3.52% $1.47
AAU +1.87% $1.09
FSM +1.62% $4.38
1. Silver Wheaton
2. MAG Silver
MVG -5.15% $6.81
RBY -4.24% $1.13
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, 3 March 2015 | E-Mail | Print | Source: GoldSeek.com