Gold fell $8.92 to $1243.58 at about 9:30AM EST, but it then rallied back higher for most of the rest of trade and ended with a loss of just 0.23%. Silver slipped to as low as $16.311 in Asia before it also rallied back higher, but it still ended with a loss of 0.67%.
Euro gold fell to about €1114, platinum lost $10 to $1009, and copper remained at about $2.06.
Gold and silver equities fell as much as 3% at the open before they rose to see about 1% gains by midafternoon, but they then fell back off into the close and ended roughly 1% lower.
Tomorrow brings New Home Sales.
Charts Courtesy of http://finance.yahoo.com/
Oil fell after Iran vowed to ramp up output.
Treasuries saw slight gains as The Dow, Nasdaq, and S&P traded mixed and ended modestly lower on interest rate uncertainty.
Among the big names making news in the market today were Bank of America, Tribune, and Bayer.
As of close of business: 5/20/2016
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 8.913 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 199.43: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,451.53: +29.58 change from yesterday’s data.
ASM +9.38% $1.60
2. Gold Standard
GSV +9.20% $1.78
SA +5.61% $13.87
DRD -4.95% $5.18
NG -4.52% $5.71
PZG -3.92% $1.47
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