-- Published: Wednesday, 26 August 2015 | Print | Disqus
Gold fell $21.62 to $1117.88 by late morning in New York before it bounced back higher in the last five and a half hours of trade, but it still ended with a loss of 1.35%. Silver slipped to as low as $13.981 and ended with a loss of 3.14%.
Euro gold remained at about €992, platinum gained $5 to $979, and copper fell 5 cents to about $2.25.
Gold and silver equities fell about 5% in the first 45 minutes of trade before they bounced back higher at times, but they still ended near their lows of the session.
Durable Goods -ex trans.
Fed's Dudley: September rate hike looks less compelling CNBC
Fed's Dudley, mum on market turmoil, talks regional U.S. economy Reuters
Mortgage applications inch up in latest week: MBA Reuters
Tomorrow brings Initial Jobless Claims, GDP, and Pending Home Sales.
Charts Courtesy of http://finance.yahoo.com/
Oil ultimately closed lower after the Energy Information Administration reported that crude inventories fell 5.5 million barrels, gasoline inventories rose 1.7 million barrels, and distillates rose 1.4 million barrels.
The U.S. dollar rose and treasuries fell on better than expected economic data and easing worries about China that sent the Dow, Nasdaq, and S&P about 4% higher.
Among the big names making news in the market today were Schlumberger, HSBC, and Goldman Sachs.
John Crudele: How Washington will try to rig the stock market
Activity from: 8/25/2015
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: 162.07: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,107.64: No change from yesterday’s data.
Seabridge Gold’s (SA) drill results, Gold Resource’s (GORO) dividend, and Gold Standard’s (GSV) drilling were among the big stories in the gold and silver mining industry making headlines today.
No “winners” today.
SA -10.97% $5.52
IAG -10.49% $1.45
BTG -8.55% $1.07
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, 26 August 2015 | E-Mail | Print | Source: GoldSeek.com