-- Published: Tuesday, 11 July 2017 | Print | Disqus
| Close | Gain/Loss |
Gold | $1216.40 | +$2.30 |
Silver | $15.84 | +$0.18 |
XAU | 80.43 | +0.63% |
HUI | 184.88 | +0.54% |
GDM | 603.16 | +0.59% |
JSE Gold | 1267.68 | +26.00 |
USD | 95.75 | -0.29 |
Euro | 114.62 | +0.61 |
Yen | 87.80 | +0.13 |
Oil | $45.04 | +$0.64 |
10-Year | 2.359% | -0.014 |
T-Bond | 152.1875 | +0.1875 |
Dow | 21409.17 | +0.00% |
Nasdaq | 6193.30 | +0.27% |
S&P | 2425.53 | -0.08% |
The Metals:
Gold saw slight losses in Asia and London and dropped to as low as $1208.30 in late morning New York trade, but it then jumped to as high as $1217.40 in midafternoon action and ended with a gain of 0.19%. Silver rose to as high as $15.85 and ended with a gain of 1.15%.
Euro gold fell to about €1061, platinum remained at €900, and copper climbed 2 cents to about $2.67.
Gold and silver equities fell about 1% in the first half hour of trade, but they then rallied back higher into the close and ended almost 1% higher on the day.
The Economy:
Report | For | Reading | Expected | Previous |
Wholesale Trade | May | 0.4% | 0.3% | -0.4% |
The Fed's Janet Yellen could use some target practice MarketWatch
Is Janet Yellen still calling the tune in financial markets? MarketWatch
U.S. small-business optimism dips in June, remains near high Reuters
Tomorrow brings a speech and testimony from fed chair Yellen at 8:30AM EST and 10AM and also the fed’s Beige Book at 2PM.
The Markets:
Oil turned higher on speculation that OPEC will add Libya and Nigeria to the list of countries adhering to production cuts.
The U.S. dollar index fell and treasuries rose while the Dow, Nasdaq, and S&P turned mixed after more details emerged about Russia's alleged interference in the 2016 U.S. presidential campaign.
Among the big names making news in the market today were Adnoc, PepsiCo, Michael Kors, and Snap.
GATA Posts:
Tanzania's demands of mining industry don't bother Sinclair
The Statistics:
As of close of business: 7/10/2017
Gold Warehouse Stocks: | 8,530,229.121 | -12,344.488 |
Silver Warehouse Stocks: | 213,027,069.372 | +1,182,390.27 |
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 | 832.391 | 26,762,195 | US$32,406m |
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$5,392m |
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$5,957m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$437m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 34.33 | 1,103,760 | US$1,383m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 2.954 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 211.41: +0.65 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,720.20: +91.17 change from yesterday’s data.
The Miners:
WINNERS
1. Northern Dynasty | NAK +8.15% $1.46 |
2. Tahoe Resources | TAHO +5.41% $5.26 |
3. Nevsun | NSU +4.56% $2.52 |
LOSERS
1. Almaden | AAU -3.42% $1.13 |
2. NovaGold | NG -1.50% $4.60 |
3. Alamos Gold | AGI -1.16% $6.79 |
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: Tuesday, 11 July 2017 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Gain Again
