-- Published: Friday, 22 January 2016 | Print | Disqus
Gold dropped $8.53 to $1094.17 by a little after 9AM EST before it bounced back to $1101.33 in the next hour and a half of trade, but it then drifted back lower into the close and ended with a loss of 0.54%. Silver slipped to as low as $14.031 and ended with a loss of 0.57%.
Euro gold rose to about €1016, platinum gained $7.50 to $826.50, and copper remained at about $2.00.
Gold and silver equities waffled near unchanged and ended almost 1% higher.
Existing Home Sales
All of this week’s other economic reports:
NAHB Housing Market Index - January
60 v. 60
Next week’s economic highlights include the Case-Shiller 20-city Index, the FHFA Housing Price Index, and Consumer Confidence on Tuesday, New Home Sales and a FOMC Rate Decision on Wednesday, Initial Jobless Claims, Durable Goods Orders, and Pending Home Sales on Thursday, and GDP, Chicago PMI, and Michigan Sentiment on Friday.
Charts Courtesy of http://finance.yahoo.com/
Oil gained 9% on cold weather forecasts that raised demand expectations and prompted short covering.
The U.S. dollar index rose and treasuries fell as the Dow, Nasdaq, and S&P climbed over 1% higher on relief over the recovery in oil.
Among the big names making news in the market Friday were Sprint, Shake Shack, Apple, and GE.
LME said to be in talks with banks to list London gold contracts
Saudi Arabia's secret holdings of U.S. debt are suddenly a big deal
Indian gold paperization scheme is failing so govt. boosts subsidy to banks
Activity from: 1/21/2016
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 1.785 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 161.82: +0.36 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,692.04: -62.21 change from yesterday’s data.
IAG +7.32% $1.32
EGO +5.56% $2.28
FSM +5.00% $2.31
FCX -9.01% $3.94
2. Gold Fields
GFI -5.54% $2.90
HMY -4.62% $1.65
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: Friday, 22 January 2016 | E-Mail | Print | Source: GoldSeek.com