-- Published: Friday, 21 April 2017 | Print | Disqus
| Close | Gain/Loss | On Week |
Gold | $1284.90 | +$3.70 | -0.20% |
Silver | $17.96 | -$0.05 | -3.02% |
XAU | 86.84 | +0.08% | -2.86% |
HUI | 205.59 | +0.18% | -3.45% |
GDM | 657.79 | +0.15% | -3.56% |
JSE Gold | 1509.60 | -10.57 | -9.27% |
USD | 99.91 | +0.10 | -0.64% |
Euro | 107.02 | -0.19 | +0.80% |
Yen | 91.64 | +0.16 | UNCH |
Oil | $49.62 | -$1.09 | -6.69% |
10-Year | 2.239% | +0.003 | +0.31% |
Bond | 154.1875 | +0.03125 | +0.20% |
Dow | 20547.76 | -0.15% | +0.46% |
Nasdaq | 5910.52 | -0.11% | +1.82% |
S&P | 2348.69 | -0.30% | +0.85% |
The Metals:
Gold gained $6.10 to $1287.30 in early afternoon New York trade before it chopped back lower into the close, but it still ended with a gain of 0.29%. Silver slipped to as low as $17.814 and ended with a loss of 0.28%.
Euro gold rose back above €1200, platinum lost $5 to $971, and copper remained at about $2.55.
Gold and silver equities waffled near unchanged and ended with modest gains.
The Economy:
Report | For | Reading | Expected | Previous |
Existing Home Sales | Mar | 5.71M | 5.61M | 5.48M |
All of this week’s other economic reports:
NAHB Housing Market Index - April | 68 v. 71 |
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil fell over 2% “on renewed concerns that increasing U.S. production and high inventories will thwart OPEC's attempts to reduce the global crude glut.”
The U.S. dollar index edged higher as the euro dipped ahead of this weekend’s election in France.
Treasuries saw slight gains as the Dow, Nasdaq, and S&P traded mixed and closed lower on political and economic uncertainty.
Among the big names making news in the market Friday were Bebe Stores, Wells Fargo, GE, and Honeywell.
GATA Posts:
In GoldSeek Radio interview, GATA secretary reviews gold price suppression policy
Alasdair Macleod: America's financial war strategy
Fed fines Deutsche Bank $156.6 million for forex violations
The Statistics:
Activity from: 4/20/2017
Gold Warehouse Stocks: | 8,952,104.958 | -514.416 |
Silver Warehouse Stocks: | 194,574,337.283 | +270,359.763 |
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 | 854.250 | 27,464,991 | US$35,198m |
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$5,696m |
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$6,295m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$461m |
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 subtracted 6.513 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 204.36: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,149.32: No change from yesterday’s data.
The Miners:
WINNERS
1. Kinross | KGC +2.12% $3.86 |
2. Richmont | RIC +1.96% $7.80 |
3. Sandstorm | SAND +1.86% $4.37 |
LOSERS
1. Almaden | AAU -4.46% $1.50 |
2. Avino | ASM -3.73% $1.55 |
3. Nevsun | NSU -2.81% $2.42 |
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: Friday, 21 April 2017 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Weekly Wrap-Up: Gold and Silver See Modest Losses on the Week
