-- Published: Tuesday, 23 August 2016 | Print | Disqus
Gold gained $6.05 to $1344.65 in early New York trade before it fell to see a slight loss by midday, but it then edged back higher in early afternoon action and ended unchanged on the day. Silver rose to as high as $19.114 in Asia, but it then drifted back lower into the close and ended with a loss of 0.16%.
Euro gold rose to about €1184, platinum lost $0.50 to $1100.50, and copper fell a few cents to about $2.12.
Gold and silver equities fell almost 2% by midday and remained near that level for the rest of the day.
New Home Sales
Tomorrow brings the FHFA Housing Price Index and Existing Home Sales.
Charts Courtesy of http://finance.yahoo.com/
Oil turned higher on reports that Iran may support a production freeze.
The U.S. dollar index erased early losses on interest rate uncertainty.
Treasuries traded mixed as the Dow, Nasdaq, and S&P saw modest gains on mostly better than expected earnings reports.
Among the big names making news in the market today were Bank of Montreal, Smucker, Valeant, and Best Buy.
Monetary policy has nationalized Japanese stock market, CLSA analyst says
India's gold smugglers shut out refiners and banks
Robert Appel: Technical analysis is of little use in manipulated gold market
As of close of business: 8/22/2016
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 2.375 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 223.85: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 11,159.74: No change from yesterday’s data.
Gold Resource’s (GORO) drill results and Excellon’s (EXN.TO) new geology VP were among the big stories in the gold and silver mining industry making headlines today.
1. Silver Standard
SSRI +1.60% $14.64
2. Great Panther
GPL +1.50% $1.35
FCX +1.27% $11.98
PZG -7.50% $1.85
PVG -6.19% $10.61
AAU -5.39% $1.47
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: Tuesday, 23 August 2016 | E-Mail | Print | Source: GoldSeek.com