-- Published: Friday, 16 September 2016 | Print | Disqus
Gold edged up to $1316.08 in Asia before it chopped down to $1306.75 in midmorning New York trade and then bounced back higher at times, but it still ended with a loss of 0.24%. Silver slipped to as low as $18.676 and ended with a loss of 1.21%.
Euro gold rose to about €1075, platinum lost $17 to $1013, and copper remained at about $2.16.
Gold and silver equities fell about 2% by midday and remained near that level for the rest of the day.
Net Long-Term TIC Flows
All of this week’s other economic reports:
Next week’s economic highlights include the NAHB Housing Market Index on Monday, Housing Starts and Building Permits on Tuesday, a FOMC Rate Decision on Wednesday, and Initial Jobless Claims, the FHFA Housing Price Index, and Existing Home Sales on Thursday.
Charts Courtesy of http://finance.yahoo.com/
Oil fell 2% on news that Libya and Nigeria are preparing to boost exports.
The U.S. dollar index rose on higher than expected inflation data.
Treasuries saw slight gains as the Dow, Nasdaq, and S&P dropped on worries about the oil market.
Among the big names making news in the market Friday were Exxon, RBS, Deutsche Bank, and Wells Fargo.
CME Group plans more futures to shift money from metal to paper
Bullion Star's informational graphic about the Indian gold market
Dave Kranzler: Someone dumped 70 tonnes of paper gold at 8:30 a.m.
Activity from: 9/15/2016
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 3.264 tonnes.
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.
RIC +7.23% $10.09
EGO +4.45% $3.99
AXU +2.11% $1.94
PZG -6.47% $1.95
AGI -6.06% $7.91
SAND -5.78% $5.38
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: Friday, 16 September 2016 | E-Mail | Print | Source: GoldSeek.com