-- Published: Monday, 1 May 2017 | Print | Disqus
Gold fell $6.70 to $1261.70 in Asia before it jumped back to unchanged at $1268.40 after this morning’s economic data was released, but it then fell to a new session low of $1254.30 in early afternoon New York trade and ended with a loss of 0.88%. Silver slipped to as low as $16.806 and ended with a loss of 1.92%.
Euro gold fell to about €1153, platinum lost $17 to $927, and copper climbed 5 cents to about $2.66.
Gold and silver equities fell roughly 3% by midday and remained near that level for the rest of the day.
PCE Price Index
Core PCE Price Index
U.S. Congress negotiators set spending plan to avert shutdown, bolster defense Reuters
There are no major economic reports due out tomorrow.
Charts Courtesy of http://finance.yahoo.com/
Oil fell 1% on continued concerns about rising US output.
The U.S. dollar index ended slightly higher in mixed trade and treasuries fell as traders looked past this morning’s tepid economic data and maintained their outlook for an interest rate by the fed in June.
The Dow, Nasdaq, and S&P traded mostly higher on decent earnings reports.
Among the big names making news in the market today were UBS, BNP, RBS, Western Digital, Sony, Dish, and Amazon.
Gold accumulation increases in April in China, India, Russia
As of close of business: 4/28/2017
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: No change in Total Tonnes from yesterday’s data.
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.
Pretivm’s (PVG) commissioning process at the Brucejack Mine, Freeport’s (FCX) protestors in Indonesia, and Avino’s (ASM) Letter of Intent with St'át'imc Eco-Resources Ltd. were among the big stories in the gold and silver mining industry making headlines today.
TGB +0.88% $1.15
TRQ +0.73% $2.75
1. Gold Standard
GSV -7.06% $1.58
RIC -6.58% $7.10
EGO -6.56% $3.42
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: Monday, 1 May 2017 | E-Mail | Print | Source: GoldSeek.com