-- Published: Wednesday, 3 August 2016 | Print | Disqus
Gold fell $10.01 to $1354.49 at about 10:30AM EST, but it then bounced back higher in afternoon trade and ended with a loss of just 0.47%. Silver slipped to as low as $20.374 and ended with a loss of 0.97%.
Euro gold rose to about €1218, platinum lost $4.40 to $1159.60, and copper fell slightly to about $2.20.
Gold and silver equities fell over 2% by midmorning, but they then edged back higher into the close and ended with only about 1% losses.
Tomorrow brings Initial Jobless Claims and Factory Orders.
Charts Courtesy of http://finance.yahoo.com/
Oil jumped over 3% higher after the Energy Information Administration reported that crude inventories rose 1.4 million barrels and gasoline inventories fell 3.3 million barrels.
The U.S. dollar index rose and treasuries fell on better than expected economic data that sent the Dow, Nasdaq, and S&P modestly higher.
Among the big names making news in the market today were Time Warner, Lyft, Office Depot, Bitcoin, and CBS.
Bond king Gross favors gold and real estate now
'Real Money Show' interviews GATA secretary on gold market rigging
Bitcoin worth $72 million stolen from Bitfinex exchange in Hong Kong
JPM analyst says central banks rigged markets after Brexit
As of close of business: 8/2/2016
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 added 5.938 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 219.65: -0.05 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,911.57: -4.38 change from yesterday’s data.
Golden Star’s (GSS) closed offering, Eurasian’s (EMXX) sold property, and Great Panther’s (GPL) unexpected passing were among the big stories in the gold and silver mining industry making headlines today.
1. Gold Resource
GORO +9.32% $6.45
BVN +1.65% $15.37
3. First Majestic
AG +0.89% $18.20
1. Vista Gold
PZG -5.60% $2.19
DRD -5.55% $8.17
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, 3 August 2016 | E-Mail | Print | Source: GoldSeek.com