-- Published: Wednesday, 8 June 2016 | Print | Disqus
Gold gained $20.19 to $1264.09 at about 10AM EST before it chopped back lower at times, but it still ended with a gain of 1.46%. Silver jumped to as high as $17.088 and ended with a gain of 3.9%.
Euro gold rose to above €1007, platinum gained $10 to $1007, and copper climbed a penny to about $2.07.
Gold and silver equities rose roughly 5% in the first half hour of trade before they drifted back lower into the close, but they still ended about 3% higher on the day.
MBA Mortgage Index
JOLTS - Job Openings
Tomorrow brings Initial Jobless Claims and Wholesale Inventories.
Charts Courtesy of http://finance.yahoo.com/
Oil remained higher after the Energy Information Administration reported that crude inventories fell 3.2 million barrels, gasoline inventories rose 1 million barrels, and distillates rose 1.8 million barrels.
The U.S. dollar index fell and treasuries rose along with the Dow, Nasdaq, and S&P on doubts that the fed will raise interest rates anytime soon.
Among the big names making news in the market today were Janus, Morgan Stanley, and Target.
Commerzbank may hoard billions to avoid ECB charges, Reuters says
UK's Royal Mint will sell pension investors gold they can never see
As of close of business: 6/07/2016
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: 196.90: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,535.54: +44.36 change from yesterday’s data.
ASM +14.79% $1.94
AAU +12.28% $1.28
AXU +10.08% $1.31
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: Wednesday, 8 June 2016 | E-Mail | Print | Source: GoldSeek.com