-- Published: Monday, 14 November 2016 | Print | Disqus
Gold traded mixed in Asia before it fell to see a $16.15 loss at $1211.55 in midmorning New York trade and then rallied back higher into midday, but it still ended with a loss of 0.77%. Silver slipped to as low as $16.679 before it also bounced back higher, but it still ended with a loss of 2.97%.
Euro gold rose to about €1135, platinum lost $12 to $925, and copper remained at about $2.51.
Gold and silver equities fell over 3% in the first 45 minutes of trade before they rose to see roughly 3% gains by early afternoon and then drifted back lower into the close, but they still ended mostly higher on the day.
There were no major economic reports today. Tomorrow brings Retail Sales, Import and Export Prices, Empire Manufacturing, and Business Inventories.
Charts Courtesy of http://finance.yahoo.com/
Oil pared early losses but still ended lower on doubts over OPEC’s ability to come to a production deal.
The U.S. dollar index rose and treasuries fell once more on the outlook for rising inflation and interest rates.
The Dow, Nasdaq, and S&P traded mixed as continued strength in the financial sector was offset by more weakness in tech.
Among the big names making news in the market today were Rio, Novartis, Siemens, American Apparel, and Samsung.
Surprise! India has some troubles as 86% of its paper money is withdrawn
Avery Goodman: India delegitimizes rupee, boosts gold demand
Dimon approach signals Trump is eager to reconnect Washington and Wall Street
Activity from: 11/10/2016
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 7.118 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 218.78: -6.20 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 11,095.48: -41.31 change from yesterday’s data.
AngloGold’s (AU) third quarter results, Kirkland’s (KLG.TO) merger activity, SilverCrest’s (SIL.V) discovery, and Silver Bull’s (SVBL) drill program were among the big stories in the gold and silver mining industry making headlines today.
MUX +7.12% $2.86
PVG +6.20% $8.56
HMY +5.91% $2.69
1. Gold Standard
GSV -8.37% $1.97
FNV -2.38% $55.86
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: Monday, 14 November 2016 | E-Mail | Print | Source: GoldSeek.com