-- Published: Friday, 12 May 2017 | Print | Disqus
Gold gained $7.60 to $1231.70 at about 9AM EST before it drifted back lower in the next few hours, but it then bounced back higher into the close and ended with a gain of 0.31%. Silver rose to as high as $16.48 and ended with a gain of 0.74%.
Euro gold fell to about €1124, platinum gained $4 to $918, and copper climbed a couple of cents to about $2.52.
Gold and silver equities rose over 1% at the open and remained near that level for the rest of the day.
Retail Sales ex-auto
Fed's Harker backs two more rate hikes this year, saying 'things are looking good' MarketWatch
All of this week’s other economic reports:
Charts Courtesy of http://finance.yahoo.com/
Oil edged higher in mixed trade on uncertainty about OPEC’s control of the market.
The U.S. dollar index fell and treasuries rose on poor economic data.
The Dow, Nasdaq, and S&P waffled near unchanged on mixed earnings reports.
Among the big names making news in the market Friday were J.C. Penney, GE, Home Capital, Visteon, Nvidia, Amazon, and Fiat Chrysler.
Ted Butler expects silver explosion soon, but GATA has questions
TF Metals Report interviews GATA chairman about market rigging
Obama blocked this controversial Alaskan gold mine but Trump just gave it new life
Activity from: 5/11/2017
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: 201.69: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,531.96: No change from yesterday’s data.
Turquoise Hill’s (TRQ) new power purchase agreement and Northern Dynasty’s (NAK) settlement agreement were among the big stories in the gold and silver mining industry making headlines Friday.
AAU +9.23% $1.42
2. Great Panther
GPL +9.17% $1.31
AXU +4.55% $1.38
1. Northern Dynasty
NAK -14.29% $1.86
FCX -1.46% $11.51
TGB -0.86% $1.15
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, 12 May 2017 | E-Mail | Print | Source: GoldSeek.com