Gold edged up to $1267.88 in Asia before it dropped back to $1256.98 by midmorning in New York, but it then rallied back higher into the close and ended near its late session high of $1269.45 with a gain of 0.26%. Silver rose to as high as $17.119 in Asia before it also fell back off, but it then climbed to a new session high of $17.151 and ended with a gain of 0.77%.
Euro gold rose to about €1114, platinum gained $9 to $1049, and copper remained at about $2.10.
Gold and silver equities rose throughout most of the afternoon and ended roughly 3% higher on the day.
Tomorrow brings the Treasury Budget for April.
Charts Courtesy of http://finance.yahoo.com/
Treasuries edged higher after today’s $24 billion three-year note auction at a high yield of 0.875% with a bid-to-cover of 2.93.
The Dow, Nasdaq, and S&P gained over 1% on better than expected earnings results and relief over oil’s rebound.
Among the big names making news in the market today were Google, Nokia, and Allergan.
As of close of business: 5/9/2016
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 2.675 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 197.18: +0.75 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,454.50: No change from yesterday’s data.
EGO +8.57% $4.56
DRD +8.50% $5.36
ASM +6.25% $1.36
PZG -2.55% $1.53
TRQ -0.38% $2.62
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