October 16: Gold and Silver Gain Almost 1%
Gold climbed up to $1747.20 by a little after 10AM EST before it pared its gains a bit midday, but it then rallied back higher again in the last hour of trade and ended just off its last minute high of $1747.69 with a gain of 0.65%. Silver surged to as high as $33.04 before it also fell back off at times, but it still ended with a gain of 0.8%.
Euro gold fell to about €1339, platinum remained at $1634, and copper remained at about $3.71.
Gold and silver equities ended just off their session highs with about 2% gains.
Net Long-Term TIC Flows
NAHB Housing Market Index
Tomorrow at 8:30AM EST brings Housing Starts for September expected at 768,000 and Building Permits expected at 815,000.
Charts Courtesy of http://finance.yahoo.com/
Among the big names making news in the market today were Coca-Cola, UnitedHealth, LyondellBasell, Citigroup, J&J, and Goldman Sachs.
As of close of business: 10/15/2012
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 subtracted 6.632 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 205.07: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,885.54: -9.04 change from yesterday’s data.
Seabridge's (SA) assay results, SilverCrest’s (SVL.V) third quarter production, and Excellon’s (EXN.TO) resumed production were among the big stories in the gold and silver mining industry making headlines today.
THM +7.36% $2.77
AUQ +5.61% $7.91
XPL -7.78% $1.66
2. Turquoise Hill
TRQ -2.54% $8.05
3. Golden Minerals
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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