-- Published: Friday, 1 July 2016 | Print | Disqus
Please Note: US Markets will be closed on Monday in observance of Independence Day.
Gold gained $17.77 to $1341.47 by a little before 10AM EST before it pared back a bit into midday, but it then jumped back higher into the close and ended near its last minute high of $1344.42 with a gain of 1.51%. Silver screamed to as high as $19.883 and ended with a gain of 4.9%.
Euro gold rose to about €1207, platinum gained $32 to $1057, and copper climbed 3 cents to about $2.23.
Gold and silver equities jumped roughly 4% higher at the open and remained near that level for the rest of the day.
All of this week’s other economic reports:
Next week’s economic highlights include Factory Orders on Tuesday, the Trade Balance, ISM Services, and FOMC Minutes on Wednesday, ADP Employment and Initial Jobless Claims on Thursday, and June’s jobs data and Consumer Credit on Friday.
Charts Courtesy of http://finance.yahoo.com/
Oil edged higher as the U.S. dollar index fell and treasuries rose with the Dow, Nasdaq, and S&P on growing acceptance that the fed will not hike interest rates again this year.
Among the big names making news in the market Friday were Netflix, Spotify, and Tesla.
Dollar's share of global reserves slips, euro's rises, in first quarter, IMF says
British bonds go negative as Bank of England plans more money creation
Cheap gold mines disappear as buyers splurge for surging bullion
London gold trade agrees on reforms to boost transparency
Activity from: 6/30/2016
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: 208.17: +4.46 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,374.41: No change from yesterday’s data.
PPP +17.31% $2.44
AXU +15.34% $1.88
BTG +11.55% $2.80
1. Vista Gold
VGZ -3.65% $1.85
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, 1 July 2016 | E-Mail | Print | Source: GoldSeek.com