-- Published: Thursday, 17 March 2016 | Print | Disqus
Gold saw slight losses in Asia before it rose to as high as $1270.88 in London, but it then drifted back lower in New York and ended with a loss of 0.33%. Silver surged to as high as $16.031 before it also edged back lower in the last few hours of trade, but it still ended with a gain of 1.79%.
Euro gold fell to about €1111, platinum gained $6 to $980, and copper climbed 4 cents to about $2.30.
Gold and silver equities rose over 3% by late morning, but they then fell back off for most of the rest of trade and ended with about 1% losses.
Current Account Balance
JOLTS - Job Openings
Yellen steers Fed with cautious hand, despite hints of inflation Reuters
Tomorrow brings Michigan Sentiment for March expected at 92.2.
Charts Courtesy of http://finance.yahoo.com/
Oil gained over 4% as the U.S. dollar index dropped nearly 1% for the second day in a row in further reaction to yesterday’s revised fed forecast.
Treasuries rose along with the Dow, Nasdaq, and S&P on decent economic data and dovish fed policy.
Among the big names making news in the market today were FedEx, Johnson & Johnson, Exelon, FIFA, and VW.
Ronan Manly: Venezuela's gold keeps moving to Switzerland
As of close of business: 3/16/2016
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 2.973 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 191.52: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,135.66: No change from yesterday’s data.
Barrick’s (ABX) Executive appointment and Silvercorp’s (SVM.TO) production update were among the big stories in the gold and silver mining industry making headlines today.
FCX +6.65% $10.90
ASM +3.80% $1.09
TRQ +3.51% $2.95
1. Gold Fields
GFI -7.51% $3.94
EGO -4.78% $3.39
AU -4.60% $13.26
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, 17 March 2016 | E-Mail | Print | Source: GoldSeek.com