-- Published: Thursday, 20 April 2017 | Print | Disqus
| Close | Gain/Loss |
Gold | $1281.20 | +$2.00 |
Silver | $18.01 | -$0.13 |
XAU | 86.77 | +0.55% |
HUI | 205.21 | +0.42% |
GDM | 656.73 | +0.13% |
JSE Gold | 1520.17 | -53.16 |
USD | 99.81 | +0.04 |
Euro | 107.21 | +0.07 |
Yen | 91.51 | -0.36 |
Oil | $50.27 | -$0.17 |
10-Year | 2.236% | +0.022 |
T-Bond | 154.15625 | -0.59375 |
Dow | 20578.71 | +0.85% |
Nasdaq | 5916.78 | +0.92% |
S&P | 2355.84 | +0.76% |
The Metals:
Gold chopped up to $1283.20 in late morning New York trade before it dropped back to $1276.70 in early afternoon action, but it then bounced back higher into the close and ended with a gain of 0.16%. Silver slipped to as low as $17.879 before it also rallied back higher, but it still ended with a loss of 0.72%.
Euro gold remained at about €1195, platinum gained $12 to $976, and copper climbed a penny to about $2.55.
Gold and silver equities waffled near unchanged and ended with slight gains.
The Economy:
Report | For | Reading | Expected | Previous |
Initial Claims | 4/15 | 244K | 242K | 234K |
Philadelphia Fed | Apr | 22.0 | 25.5 | 32.8 |
Leading Indicators | Mar | 0.4% | 0.2% | 0.6% |
U.S. Mortgage Rates Drop to Five-Month Low With 30-Year at 3.97% Bloomberg
Fed's Powell suggests streamlining bank stress tests Reuters
Tomorrow brings Existing Home Sales.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil edged lower in mixed trade on continued concerns about growing U.S. crude production.
The U.S. dollar index reversed morning losses into modest afternoon gains and treasuries fell as the Dow, Nasdaq, and S&P rose as much as 1% after Treasury Secretary Steven Mnuchin said “we’re going to get tax reform done.”
Among the big names making news in the market today were Tesla, Citigroup, Verizon, and Blackstone.
GATA Posts:
Ted Butler: A secret and illegal agreement
Gold trading systems experience growing pains
The Statistics:
As of close of business: 4/19/2017
Gold Warehouse Stocks: | 8,952,619.374 | -707.30 |
Silver Warehouse Stocks: | 194,303,977.520 | +1,025,859.44 |
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 | 860.763 | 27,674,384 | US$35,474m |
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$5,689m |
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$6,287m |
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 11.842 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 204.36: +0.90 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,149.32: -29.44 change from yesterday’s data.
The Miners:
Newmont’s (NEM) mill expansion, Nevsun’s (NSU) drilling and project update, Goldcorp’s (GG) take-over bid for Exeter (XRA), First Majestic’s (AG) first quarter production, and Hecla’s (HL) first quarter production were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Taseko | TGB +8.92% $1.09 |
2. Almaden | AAU +6.08% $1.57 |
3. Nevsun | NSU +5.96% $2.49 |
LOSERS
1. Avino | ASM -2.42% $1.61 |
2. Great Panther | GPL -2.21% $1.33 |
3. Richmont | RIC -1.92% $7.65 |
Winners & Losers tracks NYSE and AMEX listed gold and silver mining stocks that trade over $1.
- Chris Mullen, Gold Seeker Report
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-- Published: Thursday, 20 April 2017 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver End Mixed While Stocks Rise On Tax Cut Talk
