-- Published: Thursday, 25 February 2016 | Print | Disqus
Gold rose almost 1% in Asia before it dipped to see a $3.16 loss at $1226.04 in morning New York trade, but it then climbed to a new session high of $1242.61 by early afternoon and ended with a gain of 0.31%. Silver slipped to as low as $15.031 before it also bounced back higher, but it still ended with a loss of 0.72%.
Euro gold rose to about €1118, platinum lost $13 to $924, and copper fell a few cents to about $2.08.
Gold and silver equities traded mostly slightly higher and ended with about 1% gains.
Durable Goods -ex trans.
FHFA Housing Price Index
Tomorrow brings GDP, Personal Income and Spending, and Michigan Sentiment.
Charts Courtesy of http://finance.yahoo.com/
Oil rose almost 3% after “Venezuela's oil minister announced his country would meet with fellow oil producers next month in an effort to stabilize prices.”
The U.S. dollar index fell and treasuries rose on dovish fed commentary.
The Dow, Nasdaq, and S&P gained roughly 1% on decent earnings reports and economic data.
Among the big names making news in the market today were Abercrombie, Monsanto, Halliburton, Salesforce, and VW.
Venezuela is shipping gold to Europe to pay debt
As of close of business: 2/24/2016
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 8.029 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 188.25: +0.75 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,692.42: No change from yesterday’s data.
Gold Resource’s (GORO) dividend, SEMAFO’s (SMF.TO) positive feasibility study, and Richmont’s (RIC) drill results were among the big stories in the gold and silver mining industry making headlines today.
MUX +8.14% $1.86
2. First Majestic
AG +5.45% $4.64
HMY +4.98% $3.16
KGC -6.29% $2.98
2. Lake Shore
LSG -1.47% $1.34
FCX -1.11% $7.12
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: Thursday, 25 February 2016 | E-Mail | Print | Source: GoldSeek.com