-- Published: Thursday, 14 May 2015 | Print | Disqus
Gold climbed $12.25 to $1227.05 at about 10:15AM EST before it fell back off in the next hour of trade, but it still ended with a gain of 0.58%. Silver rose to as high as $17.58 and ended with a gain of 1.87%.
Euro gold remained at about €1071, platinum gained $12.50 to $1156, and copper remained at about $2.93.
Gold and silver equities rose about 2% in the first half hour of trade, but they then drifted back lower into the close and ended near unchanged.
Tomorrow brings Empire Manufacturing, Industrial Production, Capacity Utilization, Michigan Sentiment, and Net Long-Term TIC Flows.
Charts Courtesy of http://finance.yahoo.com/
Oil fell on continued worries about a worldwide supply glut.
The U.S. dollar dropped again on weak inflation data.
Treasuries remained higher after today’s 30-year note auction sold at a yield of 3.04% with a bid to cover of 2.20.
The Dow, Nasdaq, and S&P rose about 1% by early afternoon and remained near that level for the rest of the day.
Among the big names making news in the market today were Vedanta, GM, and Citigroup.
GATA secretary tells Kranzler and Hall of gold's deadly threat to all governments
Avery Goodman: The real reason China is buying up the world's gold
Make cash illegal to end boom and bust -- and liberty
Activity from: 5/13/2015
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: 10,065.66: +29.73 change from yesterday’s data.
Rubicon’s (RBY) financing agreement and Excellon’s (EXN.TO) first quarter results were among the big stories in the gold and silver mining industry making headlines today.
RBY +4.55% $1.15
2. Silver Standard
SSRI +4.49% $6.52
BVN +3.51% $12.37
HMY -8.24% $1.67
FSM -3.28% $3.83
MUX -2.68% $1.09
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: Thursday, 14 May 2015 | E-Mail | Print | Source: GoldSeek.com