-- Published: Monday, 25 January 2016 | Print | Disqus
Gold gained $11.67 to $1108.47 by late morning in New York before it chopped back lower in early afternoon trade, but it still ended with a gain of 1.05%. Silver rose to as high as $14.284 and ended with a gain of 1.35%.
Euro gold rose to about €1021, platinum gained $27.25 to $853.75, and copper remained at about $2.00.
Gold and silver equities rose about 3% in the first half hour of trade and remained near that level for the rest of the day.
Chances of a Fed Rate Increase Fall After Market Selloff Bloomberg
Tomorrow brings Case-Shiller 20-city Index, the FHFA Housing Price Index, and Consumer Confidence.
Charts Courtesy of http://finance.yahoo.com/
Oil fell almost 6% on news that Iraq's output reached a record last month.
The U.S. dollar index dropped and treasuries rose as the Dow, Nasdaq, and S&P closed over 1% lower on renewed worries about oil.
Among the big names making news in the market today were McDonald’s, Siemens, Rogers Communications, Twitter, and Johnson Controls.
GFMS claims demand for gold is weak, sees price falling this year
As of close of business: 1/22/2016
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: 161.82: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,692.04: No change from yesterday’s data.
Primero’s (PPP) fourth quarter production, Gold Standard’s (GSV) assay results, Eurasian’s (EMXX) exploration update, and Eldorado’s 2015 operating results were among the big stories in the gold and silver mining industry making headlines today.
1. Gold Fields
GFI +11.38% $3.23
HMY +10.3% $1.82
DRD +8.33% $2.60
EGO -7.89% $2.10
PZG -2.88% $1.01
IAG -2.27% $1.29
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: Monday, 25 January 2016 | E-Mail | Print | Source: GoldSeek.com