-- Published: Tuesday, 17 March 2015 | Print | Disqus
Gold held near unchanged in Asia and London before it dropped down to $1142.69 in early New York trade and then spiked back up to $1158.91 by a little before 10AM EST, but it then drifted back lower into the close and ended with a loss of 0.55%. Silver slipped to as low as $15.392 before it bounced back to $15.725, but it too drifted back lower in the last 6 hours of trade and ended with a loss of 0.58%.
Euro gold fell to about €1084, platinum lost $11 to $1093, and copper fell a few cents to about $2.64.
Gold and silver equities dropped about 2% at the open before they rallied to see slight gains about a half hour into trade, but they then fell to see about 1% losses by midmorning and remained near that level for the rest of the day.
Tomorrow at 2PM EST brings a FOMC Rate Decision.
Charts Courtesy of http://finance.yahoo.com/
Oil fell about 1% more ahead of tomorrow’s likely supply build.
The U.S. dollar dropped on poor housing data that sent treasuries higher and the Dow and S&P lower ahead of tomorrow’s fed announcement.
Among the big names making news in the market today were Citigroup, Adidas, McDonald’s, and Apple.
Europeans defy U.S. to join China-led development bank; Australia may be next
Activity from: 3/16/2015
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: 164.02: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,181.17: No change from yesterday’s data.
Timberline’s (TLR) option agreement, Midway’s (MDW) fourth quarter results, Paramount’s (PZG) transaction update, Siler Wheaton’s (SLW) closed financing, and Endeavour Silver’s (EXK) mine expansion were among the big stories in the gold and silver mining industry making headlines today.
1. Tahoe Resources
TAHO +2.22% $11.07
2. Gold Fields
GFI +2.14% $3.82
SVLC +1.83% $1.11
AUY -6.15% $3.51
CDE -5.54% $4.77
3. Gold Resource
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, 17 March 2015 | E-Mail | Print | Source: GoldSeek.com