July 3: Gold and Silver Gain Over 1% and 2%
Please Note: US markets are closed on Wednesday in observance of Independence Day.
Gold rose to as high as $1624.73 by about 12PM EST and ended with a gain of 1.53%. Silver surged to as high as $28.45 and ended with a gain of 2.87%.
Euro gold rose to about €1288, platinum gained $36.20 to $1485.00, and copper gained 7 cents to about $3.53.
Gold and silver equities rose about 3.5% at the open and remained near that level for the rest of the day.
Thursday brings ADP Employment, Initial Jobless Claims, and ISM Services.
Charts Courtesy of http://finance.yahoo.com/
The U.S. dollar index waffled near unchanged in quiet trade.
Treasuries fell as the Dow, Nasdaq, and S&P rose on the outlook for an interest rate cut by the European Central Bank at its meeting on Thursday.
Among the big names making news in the market today were Barclays, Chrysler, Nissan, Microsoft, GM, and Morgan Stanley.
As of close of business: 6/29/2012
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)
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: 181.00: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,685.71: -135.74 change from yesterday’s data.
Richmont’s (RIC) mine update, Jaguar’s (JAG) COO Resignation, First Majestic’s (AG) completed acquisition of Silvermex, Coeur’s (CDE) withdrawn offering, and Fortuna’s (FSM) exploration results were among the big stories in the gold and silver mining industry making headlines today.
FSM +11.92% $3.85
3. MAG Silver
RIC -13.39% $4.14
2. Gold Standard
GSV -2.69% $1.90
LODE -0.40% $2.49
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 2012
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