-- Published: Tuesday, 26 May 2015 | Print | Disqus
Gold fell to as low as $1185.78 in early morning New York trade before it bounced back higher at times, but it still ended with a loss of 1.6%. Silver slipped to as low as $16.668 and ended with a loss of 2.11%.
Euro gold fell to about €1092, platinum lost $24 to $1122, and copper fell 5 cents to about $2.78.
Gold and silver equities fell roughly 3% by midmorning and remained near that level for the rest of the day.
Durable Goods -ex trans.
Case-Shiller 20-city Index
FHFA Housing Price Index
New Home Sales
There are no major economic reports due out tomorrow.
Charts Courtesy of http://finance.yahoo.com/
Oil fell almost 3% as the U.S. dollar jumped nearly 1% higher on better than expected economic data.
Treasuries rose as the Dow, Nasdaq, and S&P dropped over 1% on worries about future changes in fed policy.
Among the big names making news in the market today were TD, FCA, EMC, TWC, and Ford.
China sets up gold fund as part of 'Silk Road' initiative, official media say
Businesses turn to dollar in fiercely anti-American Venezuela as currency crashes
Activity from: 5/22/2015
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
COMEX Gold Trust (IAU) Total Tonnes in Trust: 166.60
Silver Trust (SLV) Total Tonnes in Trust: 9,888.76
Barrick’s (ABX) strategic partnership with leading Chinese mining company Zijin Mining Group, Eurasian’s (EMXX) resource estimate, Randgold’s (GOLD) listing application, Kirkland’s (KGI.TO) net smelter return, and Timmins Gold’s (TGD) completed acquisition of Newstrike were among the big stories in the gold and silver mining industry making headlines today.
1. Gold Resource
GORO +0.96% $3.14
SVLC -6.95% $1.06
PVG -6.24% $5.41
3. Endeavour Silver
EXK -6.05% $2.02
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
- Would you like to receive the Free Daily Gold Seeker Report in your e-mail? Click here
Additional Resources for today’s Gold Seeker Report can be found:
© Gold Seeker 2015
Note: This article may be reproduced provided the article, in full, is used and mention to Gold-Seeker.com is given.
Disclosure: The owner, editor, writer and publisher and their associates are not responsible for errors or omissions. The author of this report is not a registered financial advisor. Readers should not view this material as offering investment related advice. Gold-Seeker.com has taken precautions to ensure accuracy of information provided. Information collected and presented are from what is perceived as reliable sources, but since the information source(s) are beyond Gold-Seeker.com’s control, no representation or guarantee is made that it is complete or accurate. The reader accepts information on the condition that errors or omissions shall not be made the basis for any claim, demand or cause for action. Past results are not necessarily indicative of future results. Any statements non-factual in nature constitute only current opinions, which are subject to change. Nothing contained herein constitutes a representation by the publisher, nor a solicitation for the purchase or sale of securities & therefore information, nor opinions expressed, shall be construed as a solicitation to buy or sell any stock, futures or options contract mentioned herein. Investors are advised to obtain the advice of a qualified financial & investment advisor before entering any financial transaction.
| Digg This Article
-- Published: Tuesday, 26 May 2015 | E-Mail | Print | Source: GoldSeek.com