-- Published: Tuesday, 25 August 2015 | Print | Disqus
Gold fell $18.43 to $1134.67 at about 10:30AM EST before it bounced back higher into the close, but it still ended with a loss of 1.18%. Silver slipped to as low as $14.57 and ended with a loss of 0.95%.
Euro gold fell to about €992, platinum lost $13 to $974, and copper climbed 5 cents to about $2.30.
Gold and silver equities fell over 3% in the first half hour of trade and remained near that level for the rest of the day.
Case-Shiller 20-city Index
FHFA Housing Price Index
New Home Sales
Services sector growth slows in August: Markit Reuters
CBO sees lower U.S. deficit in 2015 as revenues climb Reuters
The next debt-ceiling battle may get pushed back to Thanksgiving MarketWatch
Tomorrow brings Durable Goods Orders for July expected at -0.6%.
Charts Courtesy of http://finance.yahoo.com/
Oil rose along with the U.S. dollar and treasuries fell as the Dow, Nasdaq, and S&P climbed about 2% higher for most of the day after “China cut interest rates and banks' reserve requirements in a bid to kick-start its wavering economy,” but stocks then sold off in the last hour of trade and ended roughly 1% lower on uncertainty about what tomorrow may bring.
Among the big names making news in the market today were Bank of Montreal, BofA, Exelon, Best Buy, and Boeing.
Precious metals trading is probed by EU after U.S. inquiry
Activity from: 8/24/2015
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 added 3.278 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 162.07: +0.45 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,107.64: No change from yesterday’s data.
Comstock’s (LODE) permit approvals and Paramount’s (PZG) magnetic survey were among the big stories in the gold and silver mining industry making headlines today.
ASM +4.12% $1.01
NG +3.28% $3.46
DRD +0.83% $1.21
1. Gold Fields
GFI -11.6% $2.82
PZG -8.59% $1.17
AUY -8.29% $1.88
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, 25 August 2015 | E-Mail | Print | Source: GoldSeek.com