-- Published: Monday, 17 April 2017 | Print | Disqus
| Close | Gain/Loss |
Gold | $1283.80 | -$3.70 |
Silver | $18.41 | -$0.11 |
XAU | 89.36 | -0.05% |
HUI | 212.52 | -0.19% |
GDM | 680.92 | -0.23% |
JSE Gold | 1663.83 | +53.81 |
USD | 100.33 | -0.22 |
Euro | 106.41 | +0.24 |
Yen | 91.77 | +0.13 |
Oil | $52.65 | -$0.53 |
10-Year | 2.250% | +0.018 |
T-Bond | 153.53125 | -0.46875 |
Dow | 20636.92 | +0.90% |
Nasdaq | 5856.79 | +0.89% |
S&P | 2349.01 | +0.86% |
The Metals:
Gold jumped $7.90 to $1295.40 at the open of trade in Asia before it pared back to $1285.80 in London and then bounced back to $1292.70 in late morning New York trade, but it then fell back off into the close and ended with a loss of 0.29%. Silver rose to as high as $18.652 and ended with a loss of 0.59%.
Euro gold fell to about €1207, platinum gained $12 to $983, and copper climbed 2 cents to abut $2.61.
Gold and silver equities waffled near unchanged and ended slightly lower.
The Economy:
Report | For | Reading | Expected | Previous |
Empire Manufacturing | Apr | 5.2 | 13.0 | 16.4 |
NAHB Housing Market Index | Apr | 68 | 70 | 71 |
Atlanta and N.Y. Fed cut U.S. first quarter GDP view after weak data Reuters
Tomorrow brings Building Permits, Housing Starts , Capacity Utilization, and Industrial Production.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell 1% on the outlook for rising US production.
The U.S. dollar index dropped as the yen rose on continued concerns about North Korea.
Treasuries reversed early gains as the Dow, Nasdaq, and S&P climbed higher on strong economic growth in China.
Among the big names making news in the market today were Blackstone, MoneyGram, Arconic, and Wells Fargo.
GATA Posts:
Ronan Manly: Death spiral for LBMA gold and silver auctions?
GoldSeek Radio interviews GATA Chairman Bill Murphy
The Statistics:
As of close of business: 4/13/2017
Gold Warehouse Stocks: | 8,967,919.844 | -2,025.45 |
Silver Warehouse Stocks: | 191,573,544.522 | +1,780,618.64 |
Global Gold ETF Holdings
[WGC Sponsored ETF’s]
| Product name | Total Tonnes | Total Ounces | Total Value |
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 | 848.921 | 27,293,664 | US$35,043m |
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) | Gold Bullion Securities | 138.13 | 4,441,056 | US$5,704m |
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) AND NYSE Euronext Amsterdam | ETFS Physical Gold | 152.66 | 4,908,200 | US$6,306m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$460m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 35.73 | 1,148,868 | US$1,391m |
Note: Change in Total Tonnes from yesterday’s data: SPDR added 6.513 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 202.87: +1.20 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,208.21: No change from yesterday’s data.
The Miners:
WINNERS
1. Taseko | TGB +2.61% $1.18 |
2. Sandstorm | SAND +1.34% $4.55 |
3. Kinross | KGC +1.32% $3.85 |
LOSERS
1. Almaden | AAU -7.56% $1.59 |
2. Richmont | RIC -7.10% $7.85 |
3. Northern Dynasty | NAK -6.10% $1.54 |
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: Monday, 17 April 2017 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Reverse Early Gains To End Slightly Lower
