-- Published: Monday, 10 October 2016 | Print | Disqus
Gold gained almost $10 to $1264.89 in Asia before it chopped back down to $1257.75 in late morning New York trade, but it still ended with a gain of 0.37%. Silver rose to as high as $17.799 and ended with a gain of 0.92%.
Euro gold rose to about €1131, platinum lost $4 to $960, and copper climbed 3 cents to about $2.20.
Gold and silver equities climbed roughly 1% at the open and remained near that level for the rest of the day.
There were no major economic reports today, and there are none due out tomorrow.
Charts Courtesy of http://finance.yahoo.com/
Oil rose over 3% “after Russia said it was ready to join OPEC in curbing crude output and Algeria called for similar commitments from other non-OPEC producers.”
The U.S. dollar index saw decent gains as the pound and euro fell on continued concerns about Brexit.
Treasuries fell as the Dow, Nasdaq, and S&P followed the oil market higher.
Among the big names making news in the market today were Bristol-Myers, Samsung, Deutsche Bank, and Twitter.
UBS' Weber warns on danger of 'massive interventions' by central banks
Western gold reserves are never audited because they are compromised, von Greyerz says
Ed Steer's Gold and Silver Daily letter for Saturday posted at GoldSeek
Silver-Investor's Dave Morgan: Beat the bankers at their own game
No central bank investigates any 'flash crash' in gold
Dutch gold finds a new home
GATA Chairman Murphy interviewed by Proven & Probable
As of close of business: 10/07/2016
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 11.273 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 227.23: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 11,206.36: No change from yesterday’s data.
Randgold’s (GOLD) tax issues in Mali and Coeur’s (CDE) exploration update were among the big stories in the gold and silver mining industry making headlines today.
NG +3.67% $4.24
BTG +3.60% $2.30
KGC +3.41% $3.64
1. Gold Standard
GSV -5.26% $2.34
PPP -3.33% $1.45
ASM -3.11% $1.87
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
- Would you like to receive the Free Daily Gold Seeker Report in your e-mail? Click here
Additional Resources for today’s Gold Seeker Report can be found:
© Gold Seeker 2016
Note: This article may be reproduced provided the article, in full, is used and mention to Gold-Seeker.com is given.
Disclosure: The owner, editor, writer and publisher and their associates are not responsible for errors or omissions. The author of this report is not a registered financial advisor. Readers should not view this material as offering investment related advice. Gold-Seeker.com has taken precautions to ensure accuracy of information provided. Information collected and presented are from what is perceived as reliable sources, but since the information source(s) are beyond Gold-Seeker.com’s control, no representation or guarantee is made that it is complete or accurate. The reader accepts information on the condition that errors or omissions shall not be made the basis for any claim, demand or cause for action. Past results are not necessarily indicative of future results. Any statements non-factual in nature constitute only current opinions, which are subject to change. Nothing contained herein constitutes a representation by the publisher, nor a solicitation for the purchase or sale of securities & therefore information, nor opinions expressed, shall be construed as a solicitation to buy or sell any stock, futures or options contract mentioned herein. Investors are advised to obtain the advice of a qualified financial & investment advisor before entering any financial transaction.
| Digg This Article
-- Published: Monday, 10 October 2016 | E-Mail | Print | Source: GoldSeek.com