-- Published: Thursday, 4 June 2015 | Print | Disqus
Gold dropped $12.35 to $1172.95 by late morning in New York before it bounced back higher in afternoon trade, but it still ended with a loss of 0.7%. Silver slipped to as low as $16.132 and ended with a loss of 2.24%.
Euro gold rose to about €1047, platinum lost $4 to $1097, and copper fell a couple of cents to about $2.70.
Gold and silver equities fell about 1% at the open and remained near that level for the rest of the day.
Unit Labor Costs
Fed Urged by IMF to Postpone Rate Liftoff to First Half of 2016 Bloomberg
Tomorrow brings May’s jobs data and Consumer Credit for April.
Charts Courtesy of http://finance.yahoo.com/
Oil extended almost 3% lower ahead of tomorrow’s OPEC meeting.
The U.S. dollar turned slightly higher by the close on decent economic data.
Treasuries bounced back from the last few days of losses as the Dow, Nasdaq, and S&P dropped almost 1% on worries about Greece.
Among the big names making news in the market today were HSBC, GM, Opko, and Dish.
IMF warns that Fed should delay rate hike until 2016
Activity from: 6/3/2015
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: 166.71: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,896.37: No change from yesterday’s data.
Centerra’s (CG.TO) permits, Pretivm’s (PCG) drill results, and Tahoe’s (TAHO) dividend were among the big stories in the gold and silver mining industry making headlines today.
ASM +2.75% $1.12
NG +2.72% $4.15
SA +2.61% $6.69
BTG -5.14% $1.66
AU -3.91% $8.85
3. MAG Silver
MVG -3.54% $7.08
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: Thursday, 4 June 2015 | E-Mail | Print | Source: GoldSeek.com