Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

Gold Seeker Weekly Wrap-Up: Gold and Silver Fall About 2% on the Week
By: Chris Mullen, Gold Seeker Report

COT Gold, Silver and US Dollar Index Report - October 20, 2017
By: GoldSeek.com

Ira Epstein's Metals Video 10 20 2017
By: Ira Epstein

Possibly the Most Important Thing About Gold You’ll Read All Year
By: Marin Katusa

Why central banks disagree with Gary North about gold
By: Chris Powell

Silver Stocks Comatose
By: Adam Hamilton, CPA

GoldSeek Radio Nugget: Harry S. Dent Jr. and Chris Waltzek
By: radio.GoldSeek.com

Leveraging Gold and Silver
By: James Turk

The Productivity Myth
By: Alasdair Macleod

Calm Before The Storm
By: Peter Schiff

 
Search

GoldSeek Web

 
Gold Seeker Closing Report: Gold and Silver Edge Lower
By: Chris Mullen, Gold-Seeker.com

 -- Published: Thursday, 13 July 2017 | Print  | Disqus 

 

Close

Gain/Loss

Gold

$1218.20

-$2.10

Silver

$15.73

-$0.19

XAU

79.43

-1.36%

HUI

183.14

-1.52%

GDM

600.12

-0.89%

JSE Gold

1260.68

-25.12

USD

95.72

-0.01

Euro

114.06

-0.12

Yen

88.31

-0.03

Oil

$46.08

+$0.59

10-Year

2.343%

+0.024

T-Bond

152.25

-0.53125

Dow

21553.09

+0.10%

Nasdaq

6274.44

+0.21%

S&P

2447.83

+0.19%

 
http://goldseek.com/news/2017/7-13-2017%202-06-35%20PM.jpg

 

The Metals:

 

Gold edged up to $1224.40 in Asia before it fell back to $1216.70 in midmorning New York trade, but it then bounced back higher into the close and ended with a loss of just 0.17%.  Silver slipped to as low as $15.695 and ended with a loss of 1.19%.

 

Euro gold fell to about €1068, platinum lost $12 to $904, and copper fell a couple of cents to about $2.66.

 

Gold and silver equities fell about 1% by midmorning and remained near that level for the rest of the day.

 

The Economy:

 

Report

For

Reading

Expected

Previous

Initial Claims

7/08

247K

246K

250K

PPI

June

0.1%

0.0%

0.0%

Core PPI

June

0.1%

0.2%

0.3%

Treasury Budget

June

-$90.2B

-

-$88.4B

 

Trump's budget would reduce deficit by a third over the next decade, CBO says  CNBC

Yellen Says Premature to Conclude Inflation Trend Falling Short  Bloomberg

Mortgage rates jump as bond market finally buys what the Fed is selling  MarketWatch

 

Tomorrow brings Retail Sales, CPI, Industrial Production, Capacity Utilization, Business Inventories, and Michigan Sentiment.

 

The Markets:

  

Oil rose over 1% on strong demand out of China.

 

The U.S. dollar index held near unchanged while treasuries fell after the Wall Street Journal reported that ECB President Mario Draghi is set to speak in Jackson Hole and is expected to signal optimism in the eurozone economy and reduced need for stimulus.

 

The Dow, Nasdaq, and S&P traded mostly slightly higher in relatively quiet trade.

 

Among the big names making news in the market today were Uber, Target, Delta, and Chipotle.

 

GATA Posts:

 

 

Bitcoin's acceptance among retailers is low and getting lower

German police search for stolen gold coin the size of a manhole cover

 

The Statistics:

As of close of business: 7/12/2017

Gold Warehouse Stocks:

8,522,191.606

-8,037.50

Silver Warehouse Stocks:

212,961,661.922

-64,357.74

 

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$32,616m

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$5,410m

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$5,979m

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: No change in Total Tonnes from yesterday’s data.

 

COMEX Gold Trust (IAU) Total Tonnes in Trust: 211.41: No change from yesterday’s data.

 

Silver Trust (SLV) Total Tonnes in Trust: 10,855.49: +61.76 change from yesterday’s data.

 

The Miners:

 

Nevsun’s (NSU) Q2 operating results, Richmont’s (RIC) Q2 operating results, Great Panther’s (GPL) Q2 production results, Excellon’s (EXN.TO) completed optimization plan, and Fortuna’s (FSM) Q2 production results were among the big stories in the gold and silver mining industry making headlines today.

 

WINNERS

1.  Freeport

FCX +1.71% $12.48

2.  Americas Silver

USAS +1.43% $2.83

3.  Richmont

RIC +1.43% $7.10

 

LOSERS

1.  Hecla

HL -4.37% $5.03

2.  Alio Gold

ALO -4.37% $4.38

3.  Avino

ASM -4.00% $1.44

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: Thursday, 13 July 2017 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2017



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.