-- Published: Friday, 9 December 2016 | Print | Disqus
Gold edged up to $1172.01 in late Asian trade, but it then chopped back lower in London and New York and ended near its midafternoon low of $1156.46 with a loss of 1.01%. Silver slipped to as low as $16.791 and ended with a loss of 0.94%.
Euro gold fell to about €1098, platinum lost $25 to $911, and copper climbed 3 cents to about $2.65.
Gold and silver equities fell about 4% by early afternoon and remained near that level for the rest of the day.
Trump offers Goldman Sachs President Gary Cohn directorship of National Economic Council CNBC
All of this week’s other economic reports:
Next week’s economic highlights include the Treasury Budget on Monday, Export and Import Prices on Tuesday, Retail Sales, PPI, Industrial Production, Capacity Utilization, Business Inventories, and a FOMC Rate Decision on Wednesday, Initial Jobless Claims, CPI, the Philadelphia Fed, Empire Manufacturing, the Current Account Balance, the NAHB Housing Market Index, and Net Long-Term TIC Flows on Thursday, and Housing Starts and Building Permits on Friday.
Charts Courtesy of http://finance.yahoo.com/
Oil gained over 1% more on continued confidence that producers will stick to output cuts.
The U.S. dollar index rose and treasuries fell as the Dow, Nasdaq, and S&P climbed to new record highs on economic optimism.
Among the big names making news in the market Friday were Twenty-First Century Fox, Coca-Cola, Wal-Mart, and Wells Fargo.
South Africa's Sibanye Gold to buy Stillwater Mining for $2.2 billion in latest platinum push
Deutsche Bank proves what GATA told CFTC six years ago, Murphy tells GoldSeek Radio
Avery Goodman: The mysterious case of 186 tonnes of missing gold
Activity from: 12/8/2016
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 subtracted 2.965 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 198.06: -0.63 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,664.32: -97.34 change from yesterday’s data.
FCX +0.96% $15.75
2. Vista Gold
VGZ +0.95% $1.06
PZG -13.83% $1.62
HMY -8.77% $2.08
MUX -8.67% $2.95
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, 9 December 2016 | E-Mail | Print | Source: GoldSeek.com