June 19: Gold and Silver End Slightly Lower
Gold rose $5.90 to $1633.30 in Asia before it fell back to $1617.40 in early afternoon New York trade, but it then bounced back higher into the close and ended with a loss of just 0.48%. Silver climbed to $28.938 before it slipped back to $28.33, but it then also rallied back higher late trade and ended with a loss of just 1.08%.
Euro gold fell to about €1277, platinum gained $24 to $1474.50, and copper rose 4 cents to about $3.43.
Gold and silver equities waffled near unchanged and ended with slight gains.
Tomorrow at 12:30PM EST brings a FOMC rate decision.
Charts Courtesy of http://finance.yahoo.com/
Treasuries fell as the Dow, Nasdaq, and S&P rose on relief over Europe.
“The cost of insuring Spanish sovereign debt fell from an all-time high as the nation sold 3.04 billion euros ($3.8 billion) of bills, compared with a target of 3 billion euros.”
Among the big names making news in the market today were FedEx, Walgreen, Microsoft, JPMorgan, UPS, and CBS.
As of close of business: 6/18/2012
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: Change in Total Tonnes from yesterday’s data: SPDR added 4.226 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 181.70: +0.91 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,804.85: +60.34 change from yesterday’s data.
ITH’s (THM) project update and Endeavour Silver’s (EXK) optioned property were among the big stories in the gold and silver mining industry making headlines today.
TGD -3.89% $1.73
2. Gold Reserve
GRZ -3.56% $4.34
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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