-- Published: Thursday, 15 September 2016 | Print | Disqus
Gold chopped around a $7 range on either side of unchanged in Asia before it dropped down to $1309.46 by a little after 10AM EST and then bounced back to almost unchanged at $1321.18 in the next hour of trade, but it then drifted back lower in afternoon trade and ended with a loss of 0.65%. Silver climbed up to $19.129 before it dropped back to $18.823, but it then rallied back higher in late morning trade and ended with a gain of 0.11%.
Euro gold fell to about €1169, platinum lost $3 to $1030, and copper climbed a penny to about $2.16.
Gold and silver equities fell over 2% in the first half hour of trade before they rose to see over 1% gains by midday and then fell back off at times, but they still ended modestly higher on the day.
Retail Sales ex-auto
Current Account Balance
Tomorrow brings CPI, Michigan Sentiment, and Net Long-Term TIC Flows.
Charts Courtesy of http://finance.yahoo.com/
Oil rose almost 1% as gasoline shot higher on news of refinery repairs.
The U.S. dollar index and treasuries waffled near unchanged on mixed economic data.
The Dow, Nasdaq, and S&P followed Apple and oil higher on thoughts that the fed will not raise rates next week after today’s data.
Among the big names making news in the market today were Wells Fargo, Toyota, Apple, and Ford.
As of close of business: 9/14/2016
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: 225.84: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 11,272.98: No change from yesterday’s data.
Barrick’s (ABX) temporary suspension of operations at the Veladero mine, Kirkland’s (KLG.V) confirmed ticker symbol change, Paramount’s (PZG) board appointment, and First Majestic’s (AG) board resignation were among the big stories in the gold and silver mining industry making headlines today.
HL +4.11% $5.57
2. Vista Gold
VGZ +3.12% $1.01
EMXX +2.91% $1.06
2. Gold Standard
GSV -4.20% $2.28
ASM -3.15% $2.15
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, 15 September 2016 | E-Mail | Print | Source: GoldSeek.com