-- Published: Wednesday, 21 October 2015 | Print | Disqus
Gold fell $13.02 to $1164.18 by late morning in New York before it bounced back higher in afternoon trade, but it still ended with a loss of 0.84%. Silver slipped to as low as $15.643 and ended with a loss of 1.32%.
Euro gold fell to about €1029, platinum lost $16 to $1001, and copper fell slightly to about $2.36.
Gold and silver equities fell about 3% by late morning and remained near that level for the rest of the day.
Lower rates juice mortgage applications CNBC
U.S. debt limit wrangling could cause 'accident': Treasury's Lew Reuters
Tomorrow brings Initial Jobless Claims, the FHFA Housing Price Index, Existing Home Sales, and Leading Economic Indicators.
Charts Courtesy of http://finance.yahoo.com/
Oil remained lower after the Energy Information Administration reported that crude inventories rose 8 million barrels, gasoline inventories fell 1.5 million barrels, and distillates fell 2.6 million barrels.
The U.S. dollar index waffled near unchanged ahead of tomorrow’s ECB meeting.
Treasuries rose as the Dow, Nasdaq, and S&P ended lower on mixed earnings reports.
Among the big names making news in the market today were Valeant, Ferrari, Biogen, Western Digital, Boeing, GM, Coca-Cola, and Teva.
Did Austrian central banker just acknowledge gold market intervention?
As of close of business: 10/20/2015
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: 162.83: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,814.20: +11.87 change from yesterday’s data.
McEwen’s (MUX) Feasibility study and Goldcorp’s (GG) negotiations were among the big stories in the gold and silver mining industry making headlines today.
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, 21 October 2015 | E-Mail | Print | Source: GoldSeek.com