-- Published: Tuesday, 19 January 2016 | Print | Disqus
Gold edged up to $1093.89 in Asia before it dropped back to $1082.99 in London and then bounced back higher in New York, but it still ended with a loss of 0.17%. Silver rose to as high as $14.182 and ended with a gain of 0.94%.
Euro gold fell to about €997, platinum gained $4.50 to $826.50, and copper climbed a few cents to about $1.98.
Gold and silver equities fell roughly 5% by early afternoon and remained near that level for the rest of the day.
NAHB Housing Market Index
IMF cuts global growth forecast as China slows Reuters
As leaders chill in Davos, emerging economies going downhill fast Reuters
U.S. tax breaks to lift deficit for first time since 2009: CBO Reuters
Tomorrow brings CPI, Housing Starts, and Building Permits.
Charts Courtesy of http://finance.yahoo.com/
Oil fell over 3% on confirmation that sanctions on Iran were lifted.
The U.S. dollar index ended slightly higher in mixed trade and treasuries held near unchanged as the Dow, Nasdaq, and S&P erased early gains and closed mixed on renewed concerns about oil.
Among the big names making news in the market today were Morgan Stanley, Bombardier, Macy’s, and BofA.
Battered gold miners mount charm offensive to sell executive pay
India offers gold bonds at discount in hope of boosting sales
As of close of business: 1/15/2016
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 3.867 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 161.46: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,795.73: -44.44 change from yesterday’s data.
Gold Resource’s (GORO) drill results, Randgold’s (GOLD) gold mine in the Democratic Republic of Congo, IAMGOLD’s (IAG) update on life-of-mine plans and preliminary operating results, Kirkland’s (KGI.TO) exploration results, Sandstorm’s (SAND) agreement to acquire 56 royalties, Great Panther’s (GPL) 2015 production results, Pan American’s (PAAS) 2015 production results, and First Majestic’s (AG) 2015 production results were among the big stories in the gold and silver mining industry making headlines today.
AU +1.50% $7.44
NSU +0.86% $2.35
RIC +0.64% $3.13
IAG -14.81% $1.15
SA -14.75% $5.78
3. Silver Standard
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, 19 January 2016 | E-Mail | Print | Source: GoldSeek.com