-- Published: Wednesday, 27 January 2016 | Print | Disqus
Gold drifted down to $1114.94 by a little after 10AM EST, but it then jumped higher after the release of today’s FOMC Rate Decision and ended near its late session high of $1127.99 with a gain of 0.39%. Silver rose to as high as $14.557 and ended with a loss of 0.14%.
Euro gold rose to about €1034, platinum gained $5.50 to $876, and copper climbed a couple of cents to about $2.06.
Gold and silver equities climbed higher in afternoon trade and ended with over 2% gains.
New Home Sales
Fed Leaves Rates Unchanged; Closely Watching World Developments Bloomberg
Fed keeps interest rates steady, closely watching global markets Reuters
Tomorrow brings Initial Jobless Claims, Durable Goods Orders, and Pending Home Sales.
Charts Courtesy of http://finance.yahoo.com/
Oil gained almost 3% after Russia said it has been in talks with OPEC about possible coordinated output cuts.
The U.S. dollar index turned lower and treasuries pared early losses as the Dow, Nasdaq, and S&P fell over 1% after the fed said they’re “closely monitoring global economic and financial developments and is assessing their implications for the labor market and inflation, and for the balance of risks to the outlook.”
Among the big names making news in the market today were Bombardier, Boeing, and Apple.
Five of six brokers in LIBOR trial acquitted by London jury
OMG: Scotiabank sought China gold demand presentation by Koos Jansen
Ronan Manly: Bundesbank keeps withholding critical gold information
Peter Boehringer: Bundesbank increases pace of German gold repatriation
As of close of business: 1/26/2016
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 5.057 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 165.13: +3.31 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,662.41: 29.63 change from yesterday’s data.
Gold Fields’ (GFI) 2015 production, Gold Resource’s (GORO) dividend, IMPACT Silver’s (IPT.V) 2015 production, and Bear Creek’s (BCM.V) corporate update were among the big stories in the gold and silver mining industry making headlines today.
CDE +11.48% $2.04
FCX +10.71% $4.65
AGI +7.56% $3.13
PVG -1.57% $4.40
TRQ -1.06% $1.86
SA -0.99% $5.98
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, 27 January 2016 | E-Mail | Print | Source: GoldSeek.com