January 9,: Gold and Silver Gain Almost 1% While Dow Drops With Dollar
Gold gained $12.88 to $1185.88 in early afternoon New York trade before it drifted back lower into the close, but it still ended with a gain of 0.81%. Silver surged to as high as $16.69 and ended with a gain of 0.55%.
Euro gold rose to about €1119, platinum gained $9 to $975, and copper remained at about $2.54.
Gold and silver equities rose roughly 2% by late morning before they fell back off in afternoon trade, but they still ended with modest gains on the day.
Tomorrow brings Wholesale Inventories.
Charts Courtesy of http://finance.yahoo.com/
The U.S. dollar index fell and treasuries rose as the Dow and S&P dropped on interest rate uncertainty.
Among the big names making news in the market today were Alibaba, Bank of America, Toyota, Mars and VCA, Volkswagen, Fiat Chrysler, and McDonald's.
As of close of business: 1/6/2017
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: 198.30: +0.90 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,612.51: No change from yesterday’s data.
Gold Resource’s (GORO) acquisition of additional exploration mining claims, Kirkland’s (KL.TO) 2016 gold production, and Tahoe Resource’s (TAHO) exploration results were among the big stories in the gold and silver mining industry making headlines today.
1. Northern Dynasty
NAK +6.25% $2.04
2. Vista Gold
VGZ +5.10% $1.03
PVG +4.17% $9.74
1. Tahoe Resource
TAHO -1.97% $9.45
TRQ -1.78% $3.31
3. Agnico Eagle
AEM -1.69% $44.13
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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