-- Published: Friday, 14 July 2017 | Print | Disqus
Gold dipped to $1215.00 in Asia, but it then shot to as high as $1232.60 in early New York trade and ended with a gain of 0.84%. Silver rose to as high as $16.081 and ended with a gain of 1.4%.
Euro gold rose to about €1071, platinum gained $16 to $920, and copper climbed 3 cents to about $2.69.
Gold and silver equities rose roughly 2% in the first 15 minutes of trade and remained near that level for the rest of the day.
Retail Sales ex-auto
All of this week’s other economic reports:
Next week’s economic highlights include Empire Manufacturing on Monday, Export and Import Prices, the NAHB Housing Market Index, and Net Long-Term TIC Flows on Tuesday, Housing Starts and Building Permits on Wednesday, and Initial Jobless Claims, the Philadelphia Fed, and Leading Indicators on Thursday.
Oil gained 1% on “reports of supply issues in Nigeria and a higher forecast for crude demand.”
The U.S. dollar index fell and treasuries rose along with the Dow, Nasdaq, and S&P on weak economic data that raised doubts over future interest rate hikes.
Among the big names making news in the market Friday were Daimler, AMD, J.P. Morgan, Wells Fargo, Kaspersky, Citigroup, Delta, and Fiat Chrysler.
Russia's Sberbank begins physical gold trading on Shanghai exchange
Activity from: 7/13/2017
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 3.549 tonnes.
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: No change from yesterday’s data.
Nevsun’s (NSU) transition period, Richmont’s (RIC) filed technical report, and McEwen’s (MUX) Q2 production results were among the big stories in the gold and silver mining industry making headlines Friday.
RIC +8.45% $7.70
2. Northern Dynasty
NAK +6.43% $1.49
3. Americas Silver
USAS +5.65% $2.99
DRD -1.67% $2.95
2. Tahoe Resources
TAHO -1.65% $5.36
TGB -1.55% $1.27
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, 14 July 2017 | E-Mail | Print | Source: GoldSeek.com