-- Published: Monday, 6 March 2017 | Print | Disqus
Gold fell $9.50 to $1224.90 in early afternoon New York trade before it rebounded slightly, but it still ended with a loss of 0.68%. Silver slipped to as low as $17.703 and ended with a loss of 0.89%.
Euro gold fell to about €1158, platinum lost $18 to $977, and copper fell 4 cents to about $2.66.
Gold and silver equities dropped roughly 4% by late morning before they bounced back higher into the close, but they still ended with almost 3% losses.
Global air freight demand up 6.9 percent in January: IATA Reuters
Great jobs report or not, Fed appears bent on raising interest rates MarketWatch
White House's Navarro says tougher trade stance would only result in 'modest' inflation MarketWatch
Tomorrow brings the Trade Balance and Consumer Credit.
Charts Courtesy of http://finance.yahoo.com/
Oil edged lower on uncertainty about Chinese demand.
The U.S. dollar index rose and treasuries held near unchanged as the Dow, Nasdaq, and S&P fell on geopolitical concerns.
Among the big names making news in the market today were PSA, Standard Life and Aberdeen, Snap, Expedia, GoPro, and Deutsche Bank.
Bear raids on silver are losing force, Turk tells KWN
Ron Paul: Arizona challenges the Fed's money monopoly
Secret of the Kibali Mine: Flying people in and gold bars out
Gold price suppression is breaking the paper gold market, Maguire tells GoldSeek Radio
Avery Goodman: Explosion in Comex gold offtake hints at LBMA defaults
CME and Reuters to stop providing LBMA silver price benchmark
'Paper vs. physical dilemma' can power gold, Tice tells CNBC
Ted Butler: Has the worm turned in the silver futures market?
As of close of business: 3/3/2017
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 4.739 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 197.91: -4.74 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,350.88: -73.66 change from yesterday’s data.
Newmont’s (NEM) agreement to access and explore a highly prospective gold district in Canada’s Yukon Territory through a private placement with Goldstrike Resources, Yamana’s (AUY) sale of some of its shares of Brio Gold, Goldcorp’s (GG) dividend, IAMGOLD’s (IAG) power purchase agreement, Agnico Eagle’s (AEM) investment in GoldQuest Mining (GQC.V), Centerra Gold’s (CG.TO) permit, Golden Star’s (GSS) drill results, and Silver Wheaton’s (SLW) financing deal with Primero Mining (PPP) were among the big stories in the gold and silver mining industry making headlines today.
EMX +2.00% $1.02
NSU +1.59% $2.56
PZG +0.57% $1.76
AAU -9.09% $1.00
2. Endeavour Silver
EXK -8.46% $3.03
HMY -8.40% $2.18
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 2017
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, 6 March 2017 | E-Mail | Print | Source: GoldSeek.com