-- Published: Monday, 19 October 2015 | Print | Disqus
Gold popped up to $1177.24 at about 9AM EST before it dropped back down to $1169.36 in the next couple of hours of trade and then bounced back higher into early afternoon, but it then drifted back lower again in the last hour of trade and ended with a loss of 0.43%. Silver slipped to as low as $15.761 and ended with a loss of 1.12%.
Euro gold fell to about €1033, platinum lost $6 to $1009, and copper fell 4 cents to about $2.37.
Gold and silver equities saw slight gains about a half hour into trade, but they then fell back off for most of the rest of the day and ended with over 4% losses
NAHB Housing Market Index
China's Selling Tons of U.S. Debt. Americans Couldn't Care Less. Bloomberg
Deutsche Bank: If the Fed Kneecaps U.S. Credit Growth, Get Ready for Twist 2.0 Bloomberg
Tomorrow brings Building Permits and Housing Starts.
Charts Courtesy of http://finance.yahoo.com/
Oil fell almost 3% on “slower growth in China and signs that Iranian oil will return to the market soon following implementation of its nuclear deal.”
The U.S. dollar index rose as the euro fell ahead of the week’s ECB meeting.
Treasuries fell as the Dow, Nasdaq, and S&P edged higher in mixed trade on hopes for better earnings reports later this week.
Among the big names making news in the market today were Valeant, Halliburton, Google, Suncor, Morgan Stanley, and Weight Watchers.
Tough liquidity rules could push more banks out of gold, LBMA says
Will critical questions be raised about central banks at LBMA conference?
Sinclair takes seminar on the road again, this time with Holter and Hoffman
Bron Suchecki: Gold, silver manipulation study lacked enough data
As of close of business: 10/18/2015
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 subtracted 6.254 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 161.75: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,802.33: No change from yesterday’s data.
Banro’s (BAA) award, Claude’s (CRJ.TO) drill results, Comstock’s (LODE) public offering, Barrick’s (ABX) suspended operations in Papua New Guinea, and Aurcana’s (AUN.V) third quarter production results were among the big stories in the gold and silver mining industry making headlines today.
No “winners” today.
HL -8.70% $2.31
2. First Majestic
AG -7.88% $3.74
IAG -7.80% $1.89
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: Monday, 19 October 2015 | E-Mail | Print | Source: GoldSeek.com