-- Published: Wednesday, 8 March 2017 | Print | Disqus
Gold fell $9 to $1206.80 in early New York trade before it chopped back higher into the close, but it still ended with a loss of 0.58%. Silver slipped to as low as $17.213 and ended with a loss of 1.37%.
Euro gold fell to about €1146, platinum lost $13 to $944, and copper fell a couple of cents to about $2.60.
Gold and silver equities waffled near unchanged and ended slightly lower.
Unit Labor Costs
Tomorrow brings Initial Jobless Claims and Import and Export Prices.
Charts Courtesy of http://finance.yahoo.com/
Oil dropped over 5% after the Energy Information Administration reported that crude inventories rose 8.2 million barrels, gasoline inventories fell 6.6 million barrels, and distillates fell 2.7 million barrels.
The U.S. dollar index rose and treasuries fell again after this morning’s stronger than expected jobs data strengthened the case for an interest rate hike by the fed next week.
The Dow and S&P followed oil lower while the Nasdaq rose on strong earnings reports in the tech sector.
Among the big names making news in the market today were Caterpillar, Express, Snap, and Disney.
Indian gold imports said to almost triple on wedding demand
Bank of England deputy governor with brother in senior Barclays role faces calls to resign
Hugo Salinas Price: Where are we today?
Ronan Manly reflects on odd withdrawal of Thomson Reuters, CME from silver pricing
As of close of business: 3/7/2017
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: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 197.52: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,350.88: No change from yesterday’s data.
Randgold’s (GOLD) comments on hunting for new discoveries in emerging markets, Tanzanian Royalty’s (TRX) market maker, Paramount’s (PZG) Memorandum of Understanding ("MOU") governing the preparation of a National Environmental Policy Act ("NEPA") Analysis for its wholly-owned Grassy Mountain Gold Project in Oregon, and Northern Dynasty’s (NAK) regulatory and permitting consultant were among the big stories in the gold and silver mining industry making headlines today.
1. Northern Dynasty
NAK +10.92% $1.32
PZG +8.02% $1.75
SA +3.70% $9.80
AXU -6.90% $1.35
ASM -4.37% $1.75
MUX -3.29% $2.94
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
- Would you like to receive the Free Daily Gold Seeker Report in your e-mail? Click here
Additional Resources for today’s Gold Seeker Report can be found:
© Gold Seeker 2017
Note: This article may be reproduced provided the article, in full, is used and mention to Gold-Seeker.com is given.
Disclosure: The owner, editor, writer and publisher and their associates are not responsible for errors or omissions. The author of this report is not a registered financial advisor. Readers should not view this material as offering investment related advice. Gold-Seeker.com has taken precautions to ensure accuracy of information provided. Information collected and presented are from what is perceived as reliable sources, but since the information source(s) are beyond Gold-Seeker.com’s control, no representation or guarantee is made that it is complete or accurate. The reader accepts information on the condition that errors or omissions shall not be made the basis for any claim, demand or cause for action. Past results are not necessarily indicative of future results. Any statements non-factual in nature constitute only current opinions, which are subject to change. Nothing contained herein constitutes a representation by the publisher, nor a solicitation for the purchase or sale of securities & therefore information, nor opinions expressed, shall be construed as a solicitation to buy or sell any stock, futures or options contract mentioned herein. Investors are advised to obtain the advice of a qualified financial & investment advisor before entering any financial transaction.
| Digg This Article
-- Published: Wednesday, 8 March 2017 | E-Mail | Print | Source: GoldSeek.com