-- Published: Monday, 24 October 2016 | Print | Disqus
Please Note: There will not be a Gold Seeker Closing Report the next few days.
Gold dipped $4.84 to $1262.36 by about 8AM EST before it jumped up to $1271.76 in the next hour and a half of trade and then fell to a new session low of $1260.88 by late morning, but it then bounced back higher into the close and ended with a loss of just 0.23%. Silver rose to as high as $17.876 and ended with a gain of 0.29%.
Euro gold fell to about €1163, platinum gained $9 to $937, and copper remained at about $2.10.
Gold and silver equities fell about 3% by midday before they edged back higher in the last couple of hours of trade, but they still ended with roughly 2% losses on the day.
Manufacturers in U.S., Europe post (upside) October surprise MarketWatch
Fed's Bullard says one rate increase is all that's needed for now Reuters
Tomorrow brings the Case-Shiller 20-city Index, the FHFA Housing Price Index, and Consumer Confidence.
Charts Courtesy of http://finance.yahoo.com/
Oil fell on doubts that Iraq will join OPEC’s output deal.
The U.S. dollar index edged higher on decent manufacturing data that sent treasuries lower and the Dow, Nasdaq, and S&P higher.
Among the big names making news in the market today were Idea, TD Ameritrade, Time Warner, and T-Mobile.
Swiss gold exports down 9% on month to 149 metric tonnes in September. ...
GATA Chairman Murphy interviewed by TF Metals Report
As of close of business: 10/21/2016
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
COMEX Gold Trust (IAU) Total Tonnes in Trust: 228.16: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 11,395.28: +100.36 change from yesterday’s data.
Gold Fields’ (GFI) operational update and Reinvestment Plan and Endeavour Silver’s (EXK) drill results were among the big stories in the gold and silver mining industry making headlines today.
ASM +2.51% $2.04
FCX +1.39% $10.18
3. Great Panther
GPL +0.77% $1.31
MUX -7.69% $3.24
AXU -6.59% $1.70
3. Gold Fields
GFI -6.22% $4.07
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, 24 October 2016 | E-Mail | Print | Source: GoldSeek.com