-- Published: Wednesday, 7 October 2015 | Print | Disqus
Gold edged up to $1153.48 by a little after 8AM EST before it fell back to $1141.92 in the next couple of hours of trade, but it then bounced back higher for most of the rest of the day and ended with a loss of just 0.1%. Silver rose to as high as $16.117 and ended with a gain of 1.39%.
Euro gold rose to about €1019, platinum gained $11 to $943, and copper climbed slightly to about $2.37.
Gold and silver equities waffled near unchanged for most of the morning, but they then climbed higher in afternoon trade and ended with about 1% gains.
Moody's maintains U.S. credit rating and stable outlook Reuters
Tomorrow brings Initial Jobless Claims and FOMC Minutes.
Charts Courtesy of http://finance.yahoo.com/
Oil fell after the EIA said crude inventories rose 3.1 million barrels, gasoline inventories rose 1.9 million barrels, and distillates fell 2.5 million barrels.
The U.S. dollar index edged higher and treasuries fell as the Dow, Nasdaq, and S&P rose almost 1% on decent company news.
Among the big names making news in the market today were Fiat Chrysler, Monsanto, SABMiller, Volkswagen, Glencore, GE, Freeport, and Bombardier.
As of close of business: 10/6/2015
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: 160.62: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,855.74: -47.47 change from yesterday’s data.
Freeport’s (FCX) directors, Claude’s (CGR) third quarter 2015 gold production, Seabridge Gold’s (SA) drill results, Franco-Nevada’s (FNV) agreement to acquire a silver stream from the Antamina mine, and SilverCrest’s (SVLC) spinoff of SilverCrest Metals were among the big stories in the gold and silver mining industry making headlines today.
FCX +9.97% $13.01
ASM +9.54% $1.12
FSM +4.45% $2.58
AU -3.31% $8.75
CDE -3.11% $3.12
PZG -2.54% $1.15
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, 7 October 2015 | E-Mail | Print | Source: GoldSeek.com