-- Published: Monday, 3 August 2015 | Print | Disqus
Gold edged up to $1097.71 in Asia before it dropped back to $1089.48 in London and then bounced back higher in morning New York trade, but it then fell back off again into the close and ended with a loss of 0.81%. Silver slipped to as low as $14.429 and ended with a loss of 1.29%.
Euro gold fell to about €992, platinum lost $20 to $960, and copper remained at about $2.35.
Gold and silver equities fell about 4% by midafternoon and remained near that level for the rest of the day.
PCE Prices – Core
U.S. Treasury says plans to borrow more in third quarter than previously expected Reuters
Tomorrow brings Factory Orders for June expected at 1.8%.
Charts Courtesy of http://finance.yahoo.com/
Oil fell over 4% on mostly weak economic data out of China and the US.
The U.S. dollar pared early gains and treasuries rose on worse than expected economic data that sent the Dow, Nasdaq, and S&P lower.
Among the big names making news in the market today were Sears, Heineken, Goldman Sachs, Fiat Chrysler, Citigroup, and BNP Paribas.
China's stock plunge burnishes gold's appeal
On gold, El-Erian contrives in the FT, Arends revels in willful ignorance at MarketWatch
Activity from: 7/31/2015
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 7.451 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 162.92: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,165.53: No change from yesterday’s data.
Vista Gold’s (VGZ) second quarter results and Centerra Gold’s (CG.TO) discussions with the Government of the Kyrgyz Republic were among the big stories in the gold and silver mining industry making headlines today.
NSU +0.31% $3.21
RIC -11.03% $2.34
DRD -9.45% $1.15
CDE -9.07% $3.21
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: Monday, 3 August 2015 | E-Mail | Print | Source: GoldSeek.com