-- Published: Thursday, 17 December 2015 | Print | Disqus
Gold fell to as low as $1047.78 by a little after 10AM EST before it bounced back higher at times, but it still ended with a loss of 2.11%. Silver slipped to as low as $13.682 and ended with a loss of 3.04%.
Euro gold fell to about €971, platinum lost $30.50 to $839, and copper fell a few cents to about $2.05.
Gold and silver equities fell roughly 6% in the first 20 minutes of trade and remained near that level for the rest of the day.
Current Account Balance
Former Fed Communications Adviser: The Markets Aren't Paying Enough Attention to the Hawkish Dot Plot Bloomberg
There are no major economic reports due out tomorrow.
Charts Courtesy of http://finance.yahoo.com/
Oil fell as the U.S. dollar index climbed higher in further reaction to yesterday’s fed hike.
Treasuries rose as the Dow, Nasdaq, and S&P dropped over 1% on worries about the global economy and renewed weakness in commodities.
Among the big names making news in the market today were Valeant, Volkswagen, American Apparel, AB InBev, Turing, and Delta.
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As of close of business: 12/16/2015
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: 155.87: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,062.27: No change from yesterday’s data.
Exeter’s (XRA) corporate update and IAMGOLD’s (IAG) closed tender offer for EURO Ressources were among the big stories in the gold and silver mining industry making headlines today.
No “winners” today.
NG -10.96% $3.98
2. First Majestic
AG -10.82% $3.05
SA -9.65% $7.77
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: Thursday, 17 December 2015 | E-Mail | Print | Source: GoldSeek.com