Gold gained $19.87 to $1243.17 by midmorning in New York before it drifted back lower into midday, but it still ended with a gain of 1.39%. Silver rose to as high as $15.357 and ended with a gain of 0.93%.
Euro gold rose to about €1091, platinum gained $13.50 to $954, and copper fell 7 cents to about $2.09.
Gold and silver equities rose about 3% at the open and remained near that level for the rest of the day.
Tomorrow brings Wholesale Inventories for February expected at -0.2%.
Charts Courtesy of http://finance.yahoo.com/
Oil pared yesterday’s notable gains on speculation that supplies will resume building next week.
Treasuries rose markedly as the Dow, Nasdaq, and S&P fell roughly 1% “amid renewed concern that central bank policies have failed to revitalize growth.”
Among the big names making news in the market today were Boeing, Pacific Sunwear, and Tesla.
As of close of business: 4/6/2016
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 added 4.161 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 186.96: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,411.09: No change from yesterday’s data.
Centamin’s (CEE.TO) production results, Silver Wheaton’s (SLW) closed financing, Tahoe’s (TAHO) dividend, and Coeur’s (CDE) production results were among the big stories in the gold and silver mining industry making headlines today.
1. Endeavour Silver
EXK +6.80% $2.67
KGC +5.87% $3.79
AUY +5.79% $3.29
FCX -7.91% $8.85
NSU -4.17% $2.99
TRQ -2.38% $2.46
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