-- Published: Tuesday, 12 January 2016 | Print | Disqus
Gold fell $11.22 to $1083.78 by a little before 10AM EST before it bounced back higher at times, but it still ended with a loss of 0.49%. Silver slipped to as low as $13.75 and ended with a loss of 0.51%.
Euro gold fell to about €1004, platinum lost $10 to $835, and copper fell slightly to about $1.97.
Gold and silver equities fell about 4% by midmorning before they edged back higher in late trade, but they still ended with roughly 3% losses.
JOLTS - Job Openings
Tomorrow brings the Fed's Beige Book and the Treasury Budget.
Charts Courtesy of http://finance.yahoo.com/
Oil fell towards $30 a barrel on continued signs of persistent oversupply in the face of waning demand.
The U.S. dollar index edged higher after China’s central bank ramped up efforts to stabilize its currency.
Treasuries rose on worries about the oil market.
The Dow, Nasdaq, and S&P ended with decent gains in mixed trade as optimism over China overcame concerns about the oil market.
Among the big names making news in the market today were GameStop, BP, and Porsche.
Ted Butler: Eureka moment
If only they had bought real metal. ...
John Hathaway: Paper gold -- Utopia for alchemists
Rand Paul, NY Sun denounce Fed's plutocratic objectives
RBS cries 'sell everything' as deflationary crisis nears
As of close of business: 1/11/2016
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 added 2.083 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 160.17: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,840.17: No change from yesterday’s data.
Pretivm’s (PVG) drill results, Richmont’s (RIC) 2015 production, Eldorado’s (EGO) suspension of much of its mining activities in Greece, Endeavour Silver’s (EXK) 2015 production, and Hecla’s (HL) 2015 production were among the big stories in the gold and silver mining industry making headlines today.
HMY +4.65% $1.35
2. MAG Silver
MVG +1.67% $6.71
NSU +1.24% $2.45
CDE -9.42% $2.02
SA -8.67% $7.48
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: Tuesday, 12 January 2016 | E-Mail | Print | Source: GoldSeek.com