-- Published: Tuesday, 16 June 2015 | Print | Disqus
Gold fell $10.07 to $1176.13 by a little after 9:30AM EST before it bounced back higher into the close, but it still ended with a loss of 0.38%. Silver slipped to as low as $15.895 and ended with a loss of 0.56%.
Euro gold remained at about €1051, platinum lost $7 to $1077, and copper fell a few cents to about $2.62.
Gold and silver equities fell over 1% by midmorning and remained near that level for the rest of the day.
U.S. state spending growth to slow in 2016: survey Reuters
CBO sees U.S. deficit doubling by 2040, lower interest rates Reuters
U.S. seen growing 1.9 percent after housing data: Atlanta Fed Reuters
Tomorrow at 2PM EST brings a FOMC Rate Decision.
Charts Courtesy of http://finance.yahoo.com/
Oil rose on worries about a storm in Texas that may disrupt some refining operations.
The U.S. dollar saw modest gains as the euro fell on continued concerns about Greece that sent treasuries higher.
The Dow, Nasdaq, and S&P climbed higher on deal making talk.
Among the big names making news in the market today were Shell-BG, Starwood, HSBC, and Mylan.
Australian researchers producing cyanide-free gold with Barrick in Nevada
Bank of China joins auction setting gold prices in London
Activity from: 6/15/2015
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 2.087 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 167.01: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,198.03: No change from yesterday’s data.
Kinross Gold’s (KGC) ranking on the list of Top 50 Most Socially Responsible Companies, Eldorado’s (EGO) Feasibility Study, Goldcorp’s (GG) secondary offering of its stake in Tahoe Resources (TAHO), Santacruz Silver’s (SCZ.V) amended agreement with Hochschild, and Almaden’s (AAU) metallurgical test work program were among the big stories in the gold and silver mining industry making headlines today.
FSM +5.93% $3.93
PZG +1.40% $1.56
AUQ +1.28% $3.17
HL -4.58% $2.92
3. Gold Resource
GORO -4.35% $2.86
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, 16 June 2015 | E-Mail | Print | Source: GoldSeek.com