October 8: Gold and Silver Fall With Stocks and Oil
Gold fell $14.30 to $1766.60 in Asia, but it then climbed back higher throughout most of trade in New York and ended with a loss of just 0.35%. Silver slipped to as low as $33.776 before it also rebounded, but it still ended with a loss of 1.45%.
Euro gold rose to about €1368, platinum lost $12 to $1689.50, and copper fell a couple of cents to about $3.74.
Gold and silver equities fell over 1% at the open before they rebounded in afternoon trade, but they still ended with modest losses on the day.
There were no major economic reports today and there are none due out tomorrow.
Charts Courtesy of http://finance.yahoo.com/
The bond market was closed in observance of Columbus Day.
The Dow, Nasdaq, and S&P fell on worries about Europe.
Among the big names making news in the market today were UBS, Staples, Allscripts, Apple, Yahoo, and UnitedHealth.
As of close of business: 10/05/2012
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: 204.60: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,920.18: No change from yesterday’s data.
THM +2.67% $2.69
ASM +1.93% $1.70
1. Golden Star
GSS -5.03% $1.89
2. Gold Standard
GSV -3.68% $1.83
LODE -3.00% $2.91
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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