-- Published: Wednesday, 10 June 2015 | Print | Disqus
Gold climbed $15.71 to $1192.21 by about 8:30AM EST before it fell back off in the next four hours of trade, but it still ended with a gain of 0.82%. Silver rose to as high as $16.237 and ended with a gain of 0.31%.
Euro gold rose above €1047, platinum gained $8 to $1112, and copper climbed a few cents to about $2.75.
Gold and silver equities rose over 1.5% at the open before they drifted back lower at times, but they still ended with about 1% gains.
U.S. services data suggest upward revision to first-quarter GDP Reuters
Weekly mortgage applications jump as rates surge CNBC
Tomorrow brings Initial Jobless Claims, Retail Sales, Import and Export Prices, and Business Inventories.
Charts Courtesy of http://finance.yahoo.com/
Oil remained higher after the Energy Information Administration reported that crude inventories fell 6.8 million barrels, gasoline inventories fell 2.9 million barrels, and distillates rose 900,000 barrels.
The U.S. dollar dropped again as the yen climbed higher after “Japan's chief central banker said the yen was "very weak" and unlikely to fall further.”
Treasuries fell as the Dow, Nasdaq, and S&P rose over 1% on hopes for a deal for Greece.
Among the big names making news in the market today were Facebook, AMS, BlackRock, and Samsung.
Kranzler concurs with Goodman on Fed's rescue of Comex gold contract
Activity from: 6/9/2015
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: Change in Total Tonnes from yesterday’s data: SPDR subtracted 2.982 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 167.01: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,082.12: +35.66 change from yesterday’s data.
Newmont’s (NEM) sale of common stock was the only big story in the gold and silver mining industry making headlines today.
PZG +8.11% $1.60
2. Lake Shore
LSG +5.00% $1.05
3. MAG Silver
MVG +4.81% $7.41
ASM -5.17% $1.10
NEM -2.91% $23.70
DRD -2.31% $1.69
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: Wednesday, 10 June 2015 | E-Mail | Print | Source: GoldSeek.com