-- Published: Thursday, 8 December 2016 | Print | Disqus
Gold edged up to $1177.99 by a little before 8AM EST before it fell back to $1169.29 in the next hour of trade and then chopped back higher at times, but it still ended with a loss of 0.19%. Silver slipped to as low as $16.961 and ended with a loss of 0.64%.
Euro gold rose to about €1103, platinum lost $4 to $936, and copper fell 2 cents to about $2.62.
Gold and silver equities waffled near unchanged and ended mixed.
Tomorrow brings Michigan Sentiment and Wholesale Inventories.
Charts Courtesy of http://finance.yahoo.com/
Oil rose over 2% on hopes for cooperation between producers on output cuts.
The U.S. dollar index saw notable gains and treasuries fell with the euro after the ECB “said it would reduce its monthly asset buys to 60 billion euros as of April, from the current 80 billion euros, and extend purchases to December from March.”
The Dow, Nasdaq, and S&P rose to new record highs again on steady jobs data and mostly positive company news.
Among the big names making news in the market today were Lululemon, Rosneft, Deutsche Bank, and McDonald’s.
Allan Flynn: CFTC and Justice Dept. could find nothing wrong in silver market
Gold doing well in currencies besides dollar, Naylor-Leyland notes on CNBC
Bank of England shows off its gold vault again, but to whom does the metal really belong?
Deutsche Bank records said to show silver rigging at other banks
Indian demonetization effect: 15 tonnes of gold sold on Nov. 8-9
UK failed to measure huge imports of gold after Brexit vote
Chile rejects attempt to block modified Barrick Gold mine project
Why do some nations hold more gold?
As of close of business: 12/7/2016
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 6.226 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 198.69: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,761.66: No change from yesterday’s data.
Fortuna’s (FSM) Board of Directors change and Alexco’s (AXU) drill results were among the big stories in the gold and silver mining industry making headlines today.
1. Northern Dynasty
NAK +25.66% $1.91
RIC +5.22% $7.05
AXU +5.00% $1.47
1. First Majestic
AG -3.86% $9.47
2. Endeavour Silver
EXK -2.51% $3.88
SA -2.44% $10.00
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: Thursday, 8 December 2016 | E-Mail | Print | Source: GoldSeek.com