-- Published: Wednesday, 14 October 2015 | Print | Disqus
Gold gained $7.79 to $1175.89 in late Asian trade before it fell back to $1163.49 in London, but it then rose to as high as $1189.80 in New York and ended with a gain of 1.7%. Silver surged to as high as $16.197 and ended with a gain of 1.64%.
Euro gold rose to about €1034, platinum gained $11 to $997, and copper climbed a few cents to about $2.42.
Gold and silver equities climbed steadily higher throughout most of the day and ended with about 6% gains.
Retail Sales ex-auto
Economy in U.S. Expanded Modestly Since Mid-August, Fed Says Bloomberg
U.S. mortgage applications tumble after rule change Reuters
Tomorrow brings Initial Jobless Claims, CPI, Empire Manufacturing, the Philadelphia Fed, and the Treasury Budget.
Charts Courtesy of http://finance.yahoo.com/
Oil ended barely lower, the U.S. dollar index fell rather notably, and treasuries saw significant gains on more poor economic data that reduced expectations for an interest rate hike from the fed anytime soon.
The Dow, Nasdaq, and S&P fell in afternoon trade and ended with almost 1% losses on mostly worse than expected earnings reports.
Among the big names making news in the market today were JPMorgan, Wal-Mart, Wells Fargo, Twitter, Jarden, BofA, and VW.
China poised to issue sovereign debt in renminbi in London
Dave Kranzler: London pounds gold again despite lack of market-influencing news
As of close of business: 10/13/2015
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: 161.75: +1.13 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,802.33: No change from yesterday’s data.
Lake Shore’s (LSG) third quarter production results, Barrick’s (ABX) tender offer, Randgold’s (GOLD) reserves, Great Panther’s (GPL) third quarter production results, First Majestic’s (AG) third quarter production results, and Fresnillo’s (FRES.LN) possible cuts to next year’s capex were among the big stories in the gold and silver mining industry making headlines today.
BTG +12.7% $1.42
GG +9.9% $15.54
3. Pan American
PAAS +9.88% $8.34
No “losers” today.
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, 14 October 2015 | E-Mail | Print | Source: GoldSeek.com