-- Published: Friday, 26 February 2016 | Print | Disqus
Gold fell $21.52 to as low as $1211.48 by late morning in New York before it bounced back higher in early afternoon trade, but it still ended with a loss of 0.71%. Silver slipped to as low as $14.672 and ended with a loss of 2.71%.
Euro gold rose to about €1119, platinum lost $13 to $911, and copper climbed 4 cents to about $2.12.
Gold and silver equities dropped over 3% by late morning before they edged back higher at times, but they still ended with roughly 3% losses.
Core PCE Prices
Charts Courtesy of http://finance.yahoo.com/
Oil erased early gains and closed almost 1% lower on end of the week profit taking.
The U.S. dollar index rose while treasuries fell on better than expected economic data.
The Dow, Nasdaq, and S&P traded mixed and ended near unchanged as economic optimism was offset by uncertainty over the oil market.
Among the big names making news in the market Friday were Standard Chartered, Bombardier, State Farm, and Warren Buffett.
Clashes over policy at Shanghai G20 meeting
Activity from: 2/25/2016
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: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 188.25: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,692.42: No change from yesterday’s data.
Banro’s (BAA) closed financing, Goldcorp’s (GG) fourth quarter and full year 2015 results, Buenaventura’s (BVN) fourth quarter and full year 2015 results, and Great Panther’s (GPL) terminated option agreement were among the big stories in the gold and silver mining industry making headlines Friday.
TRQ +5.69% $2.23
FCX +4.35% $7.43
PZG +2.54% $1.21
2. Silver Standard
SSRI -7.51% $5.54
HMY -5.06% $3.00
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, 26 February 2016 | E-Mail | Print | Source: GoldSeek.com