-- Published: Wednesday, 2 September 2015 | Print | Disqus
Gold edged up to $1142.40 in Asia before it fell back to $1132.25 in late morning New York trade and then bounced back higher, but it still ended with a loss of 0.54%. Silver jumped up to $14.828 at about 10AM EST before it dropped back to $14.453 in the next hour of trade, but it then edged back higher into midday and ended with a gain of 0.62%.
Euro gold remained at about €1009, platinum gained $14 to $1012, and copper climbed a few cents to about $2.33.
Gold and silver equities fell about 2% by late morning and remained near that level for the rest of the day.
Unit Labor Costs
Tight U.S. labor markets fuel wage gains; China impact looms: Fed Reuters
U.S. mortgage applications rise in latest week: MBA Reuters
Tomorrow brings Initial Jobless Claims, the Trade Balance, and ISM Services.
Charts Courtesy of http://finance.yahoo.com/
Oil ultimately turned higher after the Energy Information Administration reported that crude inventories rose 4.7 million barrels, gasoline inventories fell 300,000 barrels, and distillates rose 100,000 barrels.
The U.S. dollar rose and treasuries fell on decent economic data that sent the Dow, Nasdaq, and S&P about 2% higher.
Among the big names making news in the market today were News Corp, Microsoft, Apple, and Amazon.
Lawrence Williams leaves MineWeb for Sharps Pixley and his own Internet site
NYPost's John Crudele: Why the Federal Reserve should be audited
Activity from: 9/1/2015
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: 161.17: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,110.61: -26.72 change from yesterday’s data.
BTG +2.50% $1.23
DRD +2.43% $1.48
FCX +1.33% $9.90
PZG -6.92% $1.21
PPP -5.71% $2.64
3. Gold Fields
GFI -5.02% $2.84
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
- Would you like to receive the Free Daily Gold Seeker Report in your e-mail? Click here
Additional Resources for today’s Gold Seeker Report can be found:
© Gold Seeker 2015
Note: This article may be reproduced provided the article, in full, is used and mention to Gold-Seeker.com is given.
Disclosure: The owner, editor, writer and publisher and their associates are not responsible for errors or omissions. The author of this report is not a registered financial advisor. Readers should not view this material as offering investment related advice. Gold-Seeker.com has taken precautions to ensure accuracy of information provided. Information collected and presented are from what is perceived as reliable sources, but since the information source(s) are beyond Gold-Seeker.com’s control, no representation or guarantee is made that it is complete or accurate. The reader accepts information on the condition that errors or omissions shall not be made the basis for any claim, demand or cause for action. Past results are not necessarily indicative of future results. Any statements non-factual in nature constitute only current opinions, which are subject to change. Nothing contained herein constitutes a representation by the publisher, nor a solicitation for the purchase or sale of securities & therefore information, nor opinions expressed, shall be construed as a solicitation to buy or sell any stock, futures or options contract mentioned herein. Investors are advised to obtain the advice of a qualified financial & investment advisor before entering any financial transaction.
| Digg This Article
-- Published: Wednesday, 2 September 2015 | E-Mail | Print | Source: GoldSeek.com