Gold gained $19.12 to $1258.62 by late morning in New York before it edged back lower in afternoon trade, but it still ended with a gain of 1.34%. Silver rose to as high as $15.962 and ended with a gain of 3.65%.
Euro gold rose to about €1101, platinum gained $22 to $987, and copper remained at about $2.09.
Gold and silver equities jumped about 6% higher in the first 15 minutes of trade and remained near that level for the rest of the day.
Tomorrow brings Import and Export Prices and the Treasury Budget.
Charts Courtesy of http://finance.yahoo.com/
Treasuries ended slightly lower in mixed trade.
The Dow, Nasdaq, and S&P erased early gains and ended with modest losses on uncertainty over upcoming earnings reports.
Among the big names making news in the market today were UBS, Chesapeake, BlackRock, Tesla, Dell, and Goldman Sachs.
As of close of business: 4/8/2016
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 1.783 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 187.26: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,455.48: +44.39 change from yesterday’s data.
Endeavour Mining’s (EDV.TO) construction start, Banro’s (BAA) production results, Yamana’s (AUY) production results, Excellon’s (EXN.TO) closed transfer, and Avino’s (ASM) production results were among the big stories in the gold and silver mining industry making headlines today.
ASM +12.05% $1.21
2. Silver Standard
SSRI +11.62% $7.00
IAG +11.51% $2.81
PZG -0.67% $1.49
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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© Gold Seeker 2016