-- Published: Monday, 22 May 2017 | Print | Disqus
| Close | Gain/Loss |
Gold | $1260.30 | +$5.30 |
Silver | $17.14 | +$0.30 |
XAU | 86.16 | +1.17% |
HUI | 200.15 | +1.54% |
GDM | 644.61 | +1.11% |
JSE Gold | 1475.38 | +20.36 |
USD | 96.98 | -0.14 |
Euro | 112.38 | +0.33 |
Yen | 89.89 | -0.01 |
Oil | $50.73 | +$0.40 |
10-Year | 2.252% | +0.019 |
T-Bond | 153.875 | +0.03125 |
Dow | 20894.83 | +0.43% |
Nasdaq | 6133.62 | +0.82% |
S&P | 2394.02 | +0.52% |
The Metals:
Gold climbed steadily higher throughout most of world trade and ended near its early afternoon high of $1262.60 with a gain of 0.42%. Silver rose to as high as $17.206 and ended with a gain of 1.78%.
Euro gold rose to about €1122, platinum gained $8 to $946, and copper climbed a couple of cents to about $2.60.
Gold and silver equities rose over 1% by midmorning and remained near that level for the rest of the day.
The Economy:
Chicago Fed's national economic measure hits three-year high MarketWatch
White House to roll out budget proposal, cutting Medicaid, assistance to the poor MarketWatch
Fed minutes may quell fresh doubts about a June rate hike MarketWatch
Tomorrow brings New Home Sales.
The Markets:
Oil rose almost 1% “amid growing confidence that top exporters would agree to extend supply curbs.”
The U.S. dollar index fell as the euro climbed higher after Chancellor Angela Merkel said the currency was “too weak.”
Treasuries held near unchanged while the Dow, Nasdaq, and S&P saw decent gains on deal making news from President Trump’s international trip.
Among the big names making news in the market today were London Stock Exchange, Anglo American, Amgen, and Ford.
GATA Posts:
Why the Chinese yuan won't be the world's reserve currency
TF Metals Report: Gold and silver futures shorts seem washed out
Dungeons of gold: Sex, booze, and barbecue in underground mine cities
Join GATA at the International Metal Writers Conference in Vancouver next weekend
Stephen Leeb: How China plans to send the price of gold soaring
Zimbabwe plans 'use it or lose it' mine-permit program for gold
From Yukon to Patagonia, gold explorers stir after sleep
Gold market rigging sneaks into Bloomberg profile of mining entrepreneur Giustra
The Statistics:
As of close of business: 5/19/2017
Gold Warehouse Stocks: | 8,760,909.982 | -1,286.00 |
Silver Warehouse Stocks: | 200,665,808.441 | -648,223.286 |
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 | 850.707 | 27,351,092 | US$34,423m |
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$5,596m |
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$6,184m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$452m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 34.33 | 1,103,820 | US$1,382m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 202.82: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,693.85: No change from yesterday’s data.
The Miners:
WINNERS
1. Alio Gold | ALO +8.97% $5.10 |
2. Alexco | AXU +7.63% $1.41 |
3. Gold Standard | GSV +7.50% $1.72 |
LOSERS
1. Americas Silver | USAS -3.98% $2.89 |
2. Taseko | TGB -1.53% $1.29 |
3. McEwen | MUX -1.04% $2.86 |
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: Monday, 22 May 2017 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Gain With Stocks and Oil
