-- Published: Wednesday, 13 July 2016 | Print | Disqus
Gold dipped $4.38 $1327.82 in early Asian trade, but it then rose to as high as $1345.06 by midmorning in New York and ended with a gain of 0.87%. Silver rose to as high as $20.466 and ended with a gain of 1.44%.
Euro gold rose to about €1211, platinum gained $6 to $1093, and copper climbed another couple of cents to about $2.24.
Gold and silver equities rose roughly 3% at the open and remained near that level for the rest of the day.
Export Prices ex-ag.
Import Prices ex-oil
Fed’s beige book finds ‘softening’ in retail sales MarketWatch
Tomorrow brings Initial Jobless Claims and PPI.
Charts Courtesy of http://finance.yahoo.com/
Oil fell over 4% after The Energy Information Administration reported that crude inventories fell just 2.5 million barrels, gasoline inventories surprisingly rose 1.2 million barrels, and distillates rose 4.1 million barrels.
The U.S. dollar index drifted lower and treasuries rose as the Dow, Nasdaq, and S&P struggled to look past oil’s decline.
Among the big names making news in the market today were Valeant, UBS, Airbus, and ConAgra.
As central banks buy nearly everything, technical analysis is a fraud
As of close of business: 7/12/2016
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 16.035 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 214.54: +0.45 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,679.50: +59.12 change from yesterday’s data.
B2Gold’s (BTG) second quarter production, Osisko’s (OSK.TO) drill program, Gold Resource’s (GORO) second quarter production, and Great Panther’s (GPL) fatal accident were among the big stories in the gold and silver mining industry making headlines today.
1. Vista Gold
VGZ +12.58% $1.72
2. Gold Resource
GORO +12.24% $5.50
3. First Majestic
AG +9.73% $16.91
PZG -1.13% $2.63
NSU -0.65% $3.05
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, 13 July 2016 | E-Mail | Print | Source: GoldSeek.com