-- Published: Tuesday, 17 May 2016 | Print | Disqus
Gold saw decent gains in Asia before it fell back to $1271.13 in London, but it then climbed to as high as $1282.02 in New York and ended with a gain of 0.36%. Silver rose to as high as $17.334 and ended with a gain of 0.53%.
Euro gold rose to about €1130, platinum gained $2 to $1052, and copper remained at about $2.10.
Gold and silver equities rose roughly 2% by midmorning and remained near that level for the rest of the day.
Tomorrow brings FOMC Minutes.
Charts Courtesy of http://finance.yahoo.com/
Oil rose over 1% more on continued concerns about production disruptions in Canada and Nigeria.
The U.S. dollar index and treasuries traded mixed while the Dow, Nasdaq, and S&P fell over 1% on interest rate uncertainty.
Among the big names making news in the market today were Netflix, Home Depot, and Novartis.
'Audit the Fed' movement is taking a big step forward in Congress this week
Armed gangs confound Venezuela's bid to exploit gold mines
Paulson cut gold bets again as Soros, others rushed back
University of Michigan to invest in gold, copper mining fund
Make America gold again: Calls for everyone's favorite standard are back
Bullion Star's Ronan Manly examines the London platinum and palladium market
Soros puts $264 million in Barrick Gold, buys calls on gold ETF
As of close of business: 5/16/2016
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: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 198.38: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,421.95: No change from yesterday’s data.
AXU +14.75% $1.40
2. First Majestic
AG +7.57% $12.08
3. Silver Standard
SSRI +5.05% $9.98
ASM -4.76% $1.60
2. Royal Gold
RGLD -2.26% $57.46
RIC -2.06% $8.55
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
- Would you like to receive the Free Daily Gold Seeker Report in your e-mail? Click here
Additional Resources for today’s Gold Seeker Report can be found:
© Gold Seeker 2016
Note: This article may be reproduced provided the article, in full, is used and mention to Gold-Seeker.com is given.
Disclosure: The owner, editor, writer and publisher and their associates are not responsible for errors or omissions. The author of this report is not a registered financial advisor. Readers should not view this material as offering investment related advice. Gold-Seeker.com has taken precautions to ensure accuracy of information provided. Information collected and presented are from what is perceived as reliable sources, but since the information source(s) are beyond Gold-Seeker.com’s control, no representation or guarantee is made that it is complete or accurate. The reader accepts information on the condition that errors or omissions shall not be made the basis for any claim, demand or cause for action. Past results are not necessarily indicative of future results. Any statements non-factual in nature constitute only current opinions, which are subject to change. Nothing contained herein constitutes a representation by the publisher, nor a solicitation for the purchase or sale of securities & therefore information, nor opinions expressed, shall be construed as a solicitation to buy or sell any stock, futures or options contract mentioned herein. Investors are advised to obtain the advice of a qualified financial & investment advisor before entering any financial transaction.
| Digg This Article
-- Published: Tuesday, 17 May 2016 | E-Mail | Print | Source: GoldSeek.com