-- Published: Thursday, 20 July 2017 | Print | Disqus
Gold fell $6.30 to $1235.30 in London before it climbed back to $1242.00 by a little after 9AM EST and then dropped back to $1237.60 in the next hour of trade, but it then jumped to a new session high of $1247.50 in late morning action and ended with a gain of 0.17%. Silver rose to as high as $16.414 and ended with a gain of 0.06%.
Euro gold fell to about €1070, platinum gained $6 to $924, and copper remained at about $2.72.
Gold and silver equities saw slight losses in the first hour of trade, but they then edged back higher into midday and ended with modest gains.
ECB sends a dovish message after rattling markets with 'taper' talk CNBC
Bill Gross warns of recession risk if highly levered economies hike rates Reuters
There are no major economic reports due out tomorrow.
Oil fell almost 1% ahead of next week’s OPEC meeting.
The U.S. dollar index dropped notably as the euro jumped higher “after Europe's central bank chief said officials would discuss possible changes to its bond-buying scheme this autumn.”
Treasuries edged higher as the Dow, Nasdaq, and S&P waffled near unchanged on political uncertainty.
Among the big names making news in the market today were JPMorgan, Home Depot, Exxon, J. Crew, BlackBerry, Deutsche Bank, and Sears.
Panic retail selling in gold and silver signals 'major bottom,' Haynes tells KWN
As of close of business: 7/19/2017
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 5.323 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 211.41: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,826.08: No change from yesterday’s data.
Sabina’s (SBB.TO) drilling and Excellon’s (EXN.TO) second quarter production results were among the big stories in the gold and silver mining industry making headlines today.
1. Tahoe Resources
TAHO +3.28% $5.67
ASM +3.05% $1.69
SAND +2.66% $4.25
DRD -3.15% $3.07
2. Northern Dynasty
NAK -2.80% $1.39
HMY -1.71% $1.72
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: Thursday, 20 July 2017 | E-Mail | Print | Source: GoldSeek.com