-- Published: Friday, 12 September 2014 | Print | Disqus
Gold waffled between $1232.25 and $1239.92 in Asia before it fell to as low as $1227.69 by early afternoon in New York, but it then bounced back higher in afternoon trade and ended with a loss of just 0.92%. Silver slipped to as low as $18.468 and ended with a loss of 0.32%.
Euro gold fell to about €950, platinum lost $3 to $1365, and coper climbed a penny to about $3.10.
Gold and silver equities fell over 1% at the open before they rallied back higher at times, but they still ended with over 1% losses on the day.
Retail Sales ex-auto
Export Prices ex-ag.
Import Prices ex-oil
All of this week’s other economic reports:
Next week’s economic highlights include Empire Manufacturing, Industrial Production, Capacity Utilization on Monday, PPI and Net Long-Term TIC Flows on Tuesday, CPI, the Current Account Balance, the NAHB Housing Market Index, and a FOMC Rate Decision on Wednesday, Initial Jobless Claims, Housing Starts, Building Permits, and the Philadelphia Fed on Thursday, and Leading Economic Indicators on Friday.
Charts Courtesy of http://finance.yahoo.com/
Oil remained weak on a poor demand outlook.
The U.S. dollar index saw slight losses on steady economic data that sent treasuries lower.
The Dow, Nasdaq, and S&P fell on worries about possibly rising interest rates.
Among the big names making news in the market Friday were Bitcoin, AT&T and DirecTV, EBay, Yahoo, and Alibaba.
No risk in fixed deposits? Tell it to Cyprus!
U.S. to sanction Sberbank, tighten limits on other Russian banks, sources tell Reuters
The Bank of England has already issued a dozen certificates for this gold
Activity from: 9/11/2014
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 0.312 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 165.23: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,454.90: +46.24 change from yesterday’s data.
AngloGold’s (AU) share sale plan and Newmont’s (NEM) sale agreement with Fresnillo plc (FRES.L) were among the big stories in the gold and silver mining industry making headlines Friday.
AAU +5.33% $1.58
TRQ +3.95% $3.95
AU +2.75% $13.45
1. Tanzanian Royalty
TRX -6.67% $2.10
XPL -4.96% $1.34
3. Great Panther
GPL -4.55% $1.05
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: Friday, 12 September 2014 | E-Mail | Print | Source: GoldSeek.com