-- Published: Thursday, 28 July 2016 | Print | Disqus
Gold edged up to $1344.92 by a little after 8AM EST before it fell back to $1332.61 by early afternoon in New York, but it then bounced back higher into the close and ended with a loss of just 0.33%. Silver slipped to as low as $20.101 and ended with a loss of 0.79%.
Euro gold fell to about €1207, platinum lost $2 to $1131, and copper climbed a couple of cents to about $2.22.
Gold and silver equities fell over 2% by late morning, but they then rallied back higher in afternoon trade and ended near unchanged on the day.
International Trade in Goods
Tomorrow brings GDP, the Employment Cost Index, Chicago PMI, and Michigan Sentiment.
Charts Courtesy of http://finance.yahoo.com/
Oil dropped almost 2% more on worries about weak demand following this week’s mostly disappointing economic data.
The U.S. dollar index pared early losses as the yen erased most of its overnight gains on uncertainty about tomorrow’s policy announcement from the Bank of Japan.
Treasuries held near unchanged as the Dow, Nasdaq, and S&P traded mixed on offsetting earnings reports.
Among the big names making news in the market today were Hershey, Facebook, Dow Chemical, Oracle, and Ford.
TD's $230 billion man goes maximum gold as volatility mounts
DRD Gold CEO sees metal shortage as 'paper gold' increases
K92 Mining may show that Barrick is much better at geology than business
As of close of business: 7/27/2016
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: 217.99: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,842.07: No change from yesterday’s data.
Second quarter results from Goldcorp (GG), Barrick (ABX), New Gold (NGD), and Kinross (KGC) were among the big stories in the gold and silver mining industry making headlines today.
THM +8.65% $1.13
XRA +8.20% $1.32
CDE +4.24% $14.74
GG -5.94% $17.73
DRD -2.86% $8.14
PZG -2.34% $2.09
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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© Gold Seeker 2016
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-- Published: Thursday, 28 July 2016 | E-Mail | Print | Source: GoldSeek.com