-- Published: Thursday, 7 July 2016 | Print | Disqus
Gold saw slight gains in Asia before it fell to see a loss of $12.89 at $1351.11 in late morning New York trade, but rallied back higher into the close and ended with a loss of just 0.36%. Silver slipped to a low as $19.467 and ended with a loss of 2.09%.
Euro gold fell to about €1228, platinum gained $4 to $1087, and copper fell 3 cents to about $2.13.
Gold and silver equities fell over 3% by midmorning before they roughly halved their losses in early afternoon trade, but they then fell back off again into the close and ended with over 2.5% losses.
Tomorrow brings June’s jobs data and Consumer Credit.
Charts Courtesy of http://finance.yahoo.com/
Oil fell almost 5% after the Energy Information Administration reported that crude inventories fell just 2.2 million barrels, gasoline inventories fell 100,000 barrels, and distillates fell 1.6 million barrels.
The U.S. dollar index rose as the euro and pound fell on lingering worries about Brexit that sent treasuries modestly higher and the Dow and S&P lower.
Among the big names making news in the market today were Volkswagen, Wendy’s, Humana, and PepsiCo.
Ted Butler: Turning of the tide?
Gold assets top 2,000 tons as the clamor for havens grows louder
China's Silk Road said to consider offer for $2 billion Glencore mine
As of close of business: 7/6/2016
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 0.277 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 213.19: +1.76 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,620.38: +149.28 change from yesterday’s data.
Sandstorm’s (SAND) second quarter gold sales, Centamin’s (CEE.TO) preliminary production results, Paramount’s (PZG) completed acquisition, and Tahoe’s (TAHO) dividend were among the big stories in the gold and silver mining industry making headlines today.
PZG +13.68% $2.41
2. Royal Gold
RGLD +1.42% $79.36
DRD +0.99% $8.14
1. Great Panther
GPL -17.2% $1.54
2. Vista Gold
VGZ -7.34% $1.64
3. Gold Standard
GSV -6.60% $1.84
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, 7 July 2016 | E-Mail | Print | Source: GoldSeek.com