-- Published: Tuesday, 27 September 2016 | Print | Disqus
Gold dropped $12.09 to $1325.21 by late morning in New York before it bounced back higher in afternoon trade, but it still ended with a loss of 0.76%. Silver slipped to as low as $18.982 and ended with a loss of 1.34%.
Euro gold dropped to about €1183, platinum lost $10 to $1024, and copper fell a few cents to about $2.17.
Gold and silver equities fell over 2% by late morning before they chopped back higher at times, but they still ended with over 1% losses on the day.
Case-Shiller 20-city Index
Tomorrow brings Durable Goods Orders and GDP.
Charts Courtesy of http://finance.yahoo.com/
Oil fell almost 3% after Iran cast doubt that a deal will be reached to freeze output levels.
The U.S. dollar index rose with the Dow, Nasdaq, and S&P on better than expected economic data and a relatively calm front in politics.
Treasuries remained higher after today’s $34 billion 5-year note auction sold at a yield of 1.129% with a bid to cover of 2.39.
Among the big names making news in the market today were American Express, Disney, Wells Fargo, and Deutsche Bank.
Options expiration is prime time for monetary metals suppression, Turk cautions
As of close of business: 9/26/2016
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: 226.29: +1.88 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 11,337.95: No change from yesterday’s data.
AXU +3.57% $1.74
2. Gold Standard
GSV +2.51% $2.45
3. Gold Resource
GORO +2.29% $7.14
BTG -11.76% $2.55
XRA -6.19% $1.21
MUX -4.61% $3.52
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, 27 September 2016 | E-Mail | Print | Source: GoldSeek.com