-- Published: Tuesday, 16 February 2016 | Print | Disqus
Gold dropped throughout world trade yesterday and fell to as low as $1190.87 in Asia today before it bounced back to $1216.85 in London, but it then chopped back lower again in New York and ended with a loss of 3.13%. Silver slipped to as low as $15.138 and ended with a loss of 3.18%.
Euro gold fell to about €1076, platinum lost $27 to $926, and copper climbed a few cents to about $2.06.
Gold and silver equities fell throughout most of trade and ended with roughly 6% losses.
NAHB Housing Market Index
Fed's Kashkari, in first speech, suggests radical Wall St. overhaul Reuters
Tomorrow brings PPI, Housing Starts, Building Permits, Industrial Production, Capacity Utilization, and FOMC Minutes.
Charts Courtesy of http://finance.yahoo.com/
Oil fell on Iran’s resistance to joining Russia and Saudi Arabia in an agreement to freeze output levels.
The U.S. dollar index rose and treasuries saw modest losses as the Dow, Nasdaq, and S&P gained over 1% on relief over China.
Among the big names making news in the market today were Groupon, Morgan Stanley, Valeant, and Apple.
Wait a minute, Goldman Sachs -- Didn't FDR revalue gold upward by 70%?
Ambrose Evans-Pritchard: German 'bail-in' plan for govt. bonds risks blowing up the euro
As of close of business: 2/12/2016
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 subtracted 5.057 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 179.19: +4.36 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,710.19: +118.47 change from yesterday’s data.
Banro’s (BAA) financing, Kirkland’s (KGI.TO) management update, Great Panther’s (GPL) resumed operations, and Hecla’s (HL) record silver reserves were among the big stories in the gold and silver mining industry making headlines today.
FCX +15.19% $6.37
TRQ +2.58% $1.99
AU -10.34% $10.49
PPP -10.0% $1.53
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, 16 February 2016 | E-Mail | Print | Source: GoldSeek.com