-- Published: Friday, 28 April 2017 | Print | Disqus
| Close | Gain/Loss | On Week |
Gold | $1268.40 | +$3.40 | -1.28% |
Silver | $17.22 | -$0.08 | -4.12% |
XAU | 83.10 | +2.50% | -4.31% |
HUI | 191.93 | +2.22% | -6.64% |
GDM | 620.06 | +1.65% | -5.74% |
JSE Gold | 1360.89 | -11.83 | -9.85% |
USD | 99.05 | -0.06 | -0.86% |
Euro | 108.98 | +0.18 | +1.83% |
Yen | 89.76 | -0.21 | -2.05% |
Oil | $49.33 | +$0.36 | -0.58% |
10-Year | 2.287% | -0.008 | +2.14% |
Bond | 152.9375 | +0.21875 | -0.81% |
Dow | 20940.51 | -0.19% | +1.91% |
Nasdaq | 6047.61 | -0.02% | +2.32% |
S&P | 2384.20 | -0.19% | +1.51% |
The Metals:
Gold gained $3.40 to $1268.40 at about 8AM EST before it fell back to $1264.50 in the next 90 minutes of trade, but it then chopped back higher into the close and ended with a gain of 0.27%. Silver edged up to $17.423 before it dropped to $17.165 and then also climbed back higher, but it still ended with a loss of 0.46%.
Euro gold rose to about €1164, platinum gained $3 to $944, and copper climbed a penny to about $2.61.
Gold and silver equities rose roughly 2% in the first hour of trade and remained near that level for the rest of the day.
The Economy:
Report | For | Reading | Expected | Previous |
GDP | Q1 | 0.7% | 1.1% | 2.1% |
Employment Cost Index | Q1 | 0.8% | 0.6% | 0.5% |
Chicago PMI | Apr | 58.3 | 56.5 | 57.7 |
Consumer Sentiment | Apr | 97.0 | 98.0 | 98.0 |
House passes one-week funding bill to avert government shutdown MarketWatch
All of this week’s other economic reports:
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil rose almost 1% on hopes that OPEC will extend current production caps.
The U.S. dollar index fell and treasuries saw slight gains as the Dow, Nasdaq, and S&P drifted lower on lackluster economic data.
Among the big names making news in the market Friday were Barclays, RBS, Kellogg, Exxon, Time, Anthem, Qualcomm, Amazon, and Alphabet.
GATA Posts:
Goldcore's Jan Skoyles: Is regulation putting a stop to silver price manipulation?
Fear of regulation causes big swings in London's silver benchmark, Reuters says
The Statistics:
Activity from: 4/27/2017
Gold Warehouse Stocks: | 8,954,178.838 | -198.04 |
Silver Warehouse Stocks: | 196,566,424.428 | +15,294.767 |
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 | 853.362 | 27,436,446 | US$34,736m |
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$5,628m |
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$6,220m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$455m |
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 0.888 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 204.36: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,272.97: No change from yesterday’s data.
The Miners:
WINNERS
1. Agnico Eagle | AEM +10.0% $47.83 |
2. Great Panther | GPL +8.62% $1.26 |
3. Eldorado | EGO +8.28% $3.66 |
LOSERS
1. Avino | ASM -2.56% $1.52 |
2. Gold Resource | GORO-2.08% $3.30 |
3. Almaden | AAU -2.00% $1.47 |
Winners & Losers tracks NYSE and AMEX listed gold and silver mining stocks that trade over $1.
- 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: Friday, 28 April 2017 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Weekly Wrap-Up: Gold and Silver Fall Roughly 1% and 4% on the Week
