-- Published: Friday, 23 September 2016 | Print | Disqus
Gold edged down to $1333.80 in Asia before it climbed up to $1340.56 in early New York trade and then chopped back lower into the close, but it still ended with a gain of 0.06%. Silver slipped to as low as $19.585 and ended with a loss of 1.21%.
Euro gold fell to about €1192, platinum lost $2 to $1050, and copper remained at about $2.20.
Gold and silver equities fell about 3% by midafternoon and remained near that level into the close.
Boston Fed's Rosengren says economy needs 'modest, gradual tightening now' Reuters
N.Y. Fed lowers outlook on U.S. GDP growth for third and fourth quarters Reuters
Manufacturing PMI in September slips to three-month low MarketWatch
All of this week’s other economic reports:
NAHB Housing Market Index - September
65 v. 60
Next week’s economic highlights include New Home Sales on Monday, the Case-Shiller 20-city Index and Consumer Confidence on Tuesday, Durable Goods Orders and GDP on Wednesday, Initial Jobless Claims, International Trade in Goods, and Pending Home Sales on Thursday, and Personal Income and Spending, Core PCE Prices, Chicago PMI, and Michigan Sentiment on Friday.
Charts Courtesy of http://finance.yahoo.com/
Oil fell 4% after Saudi Arabia cast doubt that a production deal will be reached at OPEC’s next meeting.
The U.S. dollar index bounced back from this week’s post-fed losses.
Treasuries rose as the Dow, Nasdaq, and S&P dropped on worries about oil and the effectiveness of central bank policy.
Among the big names making news in the market Friday were Toys ‘R’ Us, Freeport-McMoran, Deutsche Bank, and Twitter.
Allan Flynn: Monetary metals manipulation lawsuits hanging by a thread
Activity from: 9/22/2016
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: Change in Total Tonnes from yesterday’s data: SPDR added 6.528 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 223.81: +0.30 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 11,305.47: No change from yesterday’s data.
1. Vista Gold
VGZ +1.27% $1.04
MUX -6.22% $3.77
2. First Majestic
AG -5.94% $11.25
RIC -5.08% $10.47
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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-- Published: Friday, 23 September 2016 | E-Mail | Print | Source: GoldSeek.com