-- Published: Wednesday, 23 December 2015 | Print | Disqus
Gold edged up to $1075.57 in Asia before it backed down to $1068.44 at about 10AM EST, but it then bounced back higher in late trade and ended with a loss of just 0.27%. Silver popped up to $14.35 in late morning New York trade before it chopped back lower, but it still ended with a gain of 0.35%.
Euro gold remained at about €979, platinum lost $2 to $866, and copper climbed a couple of cents to about $2.13.
Gold and silver equities rose about 2% by midmorning and remained near that level for the rest of the day.
PCE Prices – Core
Durable Goods -ex trans.
New Home Sales
Tomorrow brings Initial Jobless Claims expected at 271,000.
Charts Courtesy of http://finance.yahoo.com/
Oil rose almost 4% after the Energy Information Administration reported that crude inventories fell 5.9 million barrels, gasoline inventories rose 1.1 million barrels, and distillates fell 661,000 barrels.
The U.S. dollar index saw slight gains and treasuries fell as the Dow, Nasdaq, and S&P climbed about 1% higher on further relief over oil’s rebound.
Among the big names making news in the market today were Norfolk Southern, Apple, and Pep Boys.
Another analyst notes 'middle-of-the-night attacks' on gold
As of close of business: 12/22/2015
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: 154.32: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,988.17: No change from yesterday’s data.
Eurasian’s (EMXX) shipment, Great Panther’s (GPL) drill results, and Silvercorp’s (SVM.TO) share repurchase program were among the big stories in the gold and silver mining industry making headlines today.
FCX +16.04% $7.45
HMY +14.11% $1.01
BVN +7.65% $4.22
HL -1.51% $1.96
KGC -0.53% $1.89
CDE -0.38% $2.60
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, 23 December 2015 | E-Mail | Print | Source: GoldSeek.com