-- Published: Friday, 19 May 2017 | Print | Disqus
Gold gained $7.00 to $1255.90 by a little after 9AM EST before it chopped back towards $1250 into midday, but it then rose to a new session high of $1256.40 in afternoon trade and ended with a gain of 0.49%. Silver climbed to as high as $16.876 and ended with a gain of 1.38%.
Euro gold fell to about €1120, platinum gained $8 to $938, and copper climbed 5 cents to about $2.58.
Gold and silver equities rose roughly 1% about an hour into trade and remained near that level for the rest of the day.
Fed's Williams: Main risks to the US economy are outside of US forexlive
St. Louis Fed's Bullard says expected rate hikes 'too aggressive' Reuters
All of this week’s other economic reports:
Next week’s economic highlights include New Home Sales on Tuesday, the FHFA Housing Price Index and Existing Home Sales on Wednesday, Initial Jobless Claims on Thursday, and Durable Goods Orders, GDP, and Michigan Sentiment on Friday.
Oil gained almost 2% “on growing expectations that OPEC and other producing countries will agree at a meeting next week to extend crude output cuts.”
The U.S. dollar index fell markedly on political uncertainty.
Treasuries edged lower as the Dow, Nasdaq, and S&P rose on relief over oil’s renewed strength.
Among the big names making news in the market Friday were Uber, Deere, Foot Locker, Dynegy, Victoria’s Secret, and J.C. Penney.
Silver is gold cartel's 'kryptonite,' GATA chairman tells Daily Coin
Activity from: 5/18/2017
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: Change in Total Tonnes from yesterday’s data: SPDR subtracted 1.184 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 202.82: +0.53 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,693.85: +44.15 change from yesterday’s data.
Barrick’s (ABX) Responsibility Report, Silver Wheaton’s (SLW) name change, and Coeur’s (CDE) cash tender offer were among the big stories in the gold and silver mining industry making headlines Friday.
TRQ +7.81% $2.76
NSU +5.51% $2.49
3. Tahoe Resources
TAHO +4.30% $9.47
ASM -2.52% $1.55
DRD -2.43% $3.61
RIC -1.99% $7.40
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, 19 May 2017 | E-Mail | Print | Source: GoldSeek.com