Gold fell almost 1% to $1200.31 in Asia on Monday, but it then bounced back to as high as $1218.21 in New York today and ended with a gain of 0.40% from Friday’s close. Silver dropped to as low as $15.871 in holiday thinned trade yesterday before it climbed back towards unchanged in Asia today, but it then drifted back lower in London and New York and ended with a loss of 1.36%.
Euro gold rose to about €1092, platinum lost $1 to $974, and copper fell a few cents to about $2.09.
Gold and silver equities rose over 3% by midafternoon before they fell back off into the close, but they still ended with over 1% gains on the day.
PCE Prices – Core
Case-Shiller 20-city Index
Tomorrow brings Construction Spending, the ISM Index, and the Fed's Beige Book.
Charts Courtesy of http://finance.yahoo.com/
The U.S. dollar index traded mixed and treasuries edged higher on uncertain economic data that sent the Dow and S&P lower ahead of this Friday’s jobs data.
Among the big names making news in the market today were VW, Allergan, and Verizon.
As of close of business: 5/27/2016
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: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 198.29: -0.60 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10, 10,442.66: No change from yesterday’s data.
Pretivm’s (PVG) drill results, Freeport’s (FCX) completed sale, Gold Standard’s (GSV) drilling, Centerra’s (CG.TO) notice of arbitration, and IMPACT Silver’s (IPT.V) first quarter results were among the big stories in the gold and silver mining industry making headlines today.
ASM +6.57% $1.46
RIC +5.83% $7.81
NG +5.49% $5.38
1. Gold Standard
GSV -3.70% $1.56
2. Great Panther
GPL -2.78% $1.40
AXU -1.83% $1.07
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