-- Published: Tuesday, 12 May 2015 | Print | Disqus
Gold gained $13.38 to $1196.78 by a little after 6AM EST before it chopped back lower at times, but it still ended with a gain of 0.83%. Silver surged to as high as $16.596 and ended with a gain of 1.6%.
Euro gold rose to about €1064, platinum gained $4 to $1128, and copper climbed a couple of cents to about $2.92.
Gold and silver equities rose over 1% by late morning and remained near that level for the rest of the day.
U.S. small business confidence jumps; energy capex up Reuters
We Just Got Another Sign of the Labor Market Getting Tighter Bloomberg
Tomorrow brings Retail Sales, Export and Import Prices, and Business Inventories.
Charts Courtesy of http://finance.yahoo.com/
Oil rose and the U.S. dollar dropped as the euro climbed higher on news that Greece avoided default by repaying 750 million euros to the IMF, but uncertainty remains as Reuters reported that those funds came from an emergency IMF holding account.
Greece Effectively Defaults To IMF Using SDR Reserves To "Repay" Fund; 1 Month Countdown Begins Zero Hedge
German bund yields climb, lift euro; stocks decline Reuters
Treasuries erased early losses and ended modestly higher after today’s $24 billion three-year note auction sold at a yield of 1.00% with a bid to cover of 3.34.
The Dow, Nasdaq, and S&P traded mostly lower on worries about the global bond market.
Among the big names making news in the market today were ITT Educational Services, Verizon and AOL, and Shell.
Greece drains its emergency account at IMF to repay IMF loan
Activity from: 5/11/2015
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: 166.14: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,035.93: No change from yesterday’s data.
Solitario’s (XPL) air quality permits, Seabridge’s (SA) exploration program, ITH’s (THM) appointed CFO, Avino’s (ASM) first quarter results, Endeavour Silver’s (EXK) Preliminary Economic Assessment, and Pan American Silver’s (PAAS) first quarter results and mine expansion were among the big stories in the gold and silver mining industry making headlines today.
MUX +6.86% $1.09
2. Endeavour Silver
EXK +4.85% $2.16
SAND +4.78% $3.51
ASM -3.97% $1.21
PZG -1.89% $1.56
FCX -1.04% $22.73
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, 12 May 2015 | E-Mail | Print | Source: GoldSeek.com