-- Published: Monday, 7 March 2016 | Print | Disqus
Gold rose almost 1% to $1273.17 in London before it fell to see a slight loss at $1259.51 in early afternoon New York trade, but it then bounced back higher into the close and ended with a gain of 0.51%. Silver rose to as high as $15.792 and ended with a gain of 0.97%.
Euro gold rose to about €1151, platinum gained $22 to $999, and copper climbed slightly to about $2.28.
Gold and silver equities rose roughly 5% in the first 45 minutes of trade before they drifted back lower at times, but they still ended with about 3% gains.
Charts Courtesy of http://finance.yahoo.com/
Oil rose over 5% on expectations for falling output.
The U.S. dollar index erased early gains and ended lower as the euro rebounded ahead of this week’s ECB meeting.
Treasuries traded mixed along with the Dow, Nasdaq, and S&P in relatively quiet trade.
Among the big names making news in the market today were Verizon, Wells Fargo, Noble Group, T-Mobile, and Apple.
South Africa gold firms get lift from weak rand, but risks lurk
ECB starts reporting unallocated gold, but is it the whole story?
China boosts gold hoard by smallest amount since at least July
Koos Jansen: The Indian government's futile war against its own people over gold
BlackRock gold fund resumed issuing shares too soon, faces penalties
In transparency bid, Chinese central bank reveals some non-dollar reserves
Faith in central banks' healing powers is faltering, BIS says
Geologist Keith Barron describes his road to discovery in Ecuador
U.S. watchdog to probe Fed's lax oversight of Wall Street
Canadian Press finds ignoramuses to provide cover for gold dishoarding
As of close of business: 3/4/2016
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 0.215 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 191.07: +0.30 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,035.00: +88.83 change from yesterday’s data.
Goldcorp’s (GG) dividend, Eurasian’s (EMXX) completed royalty purchases, Barrick’s (ABX) tender offer, and Silver Standard’s (SSRI) plans to acquire all of the outstanding common shares of Claude Resources (CGR) were among the big stories in the gold and silver mining industry making headlines today.
PPP +17.86% $1.98
CDE +11.06% $5.02
3. First Majestic
AG +9.84% $5.36
1. Silver Standard
ASM -4.42% $1.08
PVG -3.20% $5.45
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, 7 March 2016 | E-Mail | Print | Source: GoldSeek.com