-- Published: Tuesday, 14 March 2017 | Print | Disqus
Gold fell $4 to $1200.60 in Asia before it bounced back to $1207.60 in late morning New York trade, but it then drifted back lower into the close and ended with a loss of 0.49%. Silver slipped to as low as $16.866 and ended with a loss of 0.53%.
Euro gold fell to about €1130, platinum lost $3 to $935, and copper climbed a couple of cents to about $2.65.
Gold and silver equities saw roughly 1% gains about an hour into trade, but they then fell to see over 2% losses by midafternoon and remained near that level for the rest of the day.
Fed, in shift, may move to faster pace of rate hikes Reuters
Fed meeting to go ahead despite winter storm MarketWatch
Tomorrow brings Retail Sales, Empire Manufacturing, Business Inventories, the NAHB Housing Market Index, a FOMC Rate Decision, and Net Long-Term TIC Flows.
Charts Courtesy of http://finance.yahoo.com/
Oil fell 1.4% after it was announced that “Saudi Arabia raised its production back above 10 million barrels a day.”
The U.S. dollar index saw decent gains as the pound tumbled “after U.K. Prime Minister Theresa May was given the go-ahead to trigger Brexit.”
Treasuries rose as the Dow, Nasdaq, and S&P dropped on concerns about oil and interest rates.
Among the big names making news in the market today were Lukoil, VW, Snapchat, Neiman Marcus, Yahoo, MoneyGram, Oracle, and Valeant.
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Solving the secret behind the Chinese gold market
As of close of business: 3/13/2017
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: Change in Total Tonnes from yesterday’s data: SPDR added 6.811 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 196.92: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,268.39: No change from yesterday’s data.
TGB +0.76% $1.32
1. Northern Dynasty
NAK -10.0% $1.08
2. Gold Resource
GORO -9.19% $4.15
MUX -9.15% $2.98
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: Tuesday, 14 March 2017 | E-Mail | Print | Source: GoldSeek.com