-- Published: Friday, 21 July 2017 | Print | Disqus
Please Note: There will not be any Gold Seeker Reports for the next few weeks.
| Close | Gain/Loss | On Week |
Gold | $1254.30 | +$10.60 | +2.11% |
Silver | $16.48 | +$0.18 | +3.32% |
XAU | 83.63 | +0.65% | +3.50% |
HUI | 191.80 | +0.78% | +3.17% |
GDM | 622.75 | +0.33% | +2.53% |
JSE Gold | 1230.42 | +1.97 | -2.02% |
USD | 93.93 | -0.35 | -1.23% |
Euro | 116.71 | +0.46 | +1.75% |
Yen | 90.01 | +0.69 | +1.31% |
Oil | $45.77 | -$1.15 | -1.65% |
10-Year | 2.239% | -0.025 | -3.70% |
Bond | 154.65625 | +0.59375 | +1.33% |
Dow | 21580.07 | -0.15% | -0.27% |
Nasdaq | 6387.75 | -0.04% | +1.19% |
S&P | 2472.54 | -0.04% | +0.54% |
The Metals:
Gold rose throughout most of world trade and ended near its midafternoon high of $1255.70 with a gain of 0.85%. Silver rose to as high as $16.522 and ended with a gain of 1.1%.
Euro gold rose to about €1075, platinum gained $8 to $932, and copper remained at about $2.72.
Gold and silver equities gained roughly 1% at the open before they drifted back lower at times, but they still ended with modest gains on the day.
The Economy:
Anxiety Over the Debt Ceiling Is Showing Up in Treasury Bills Bloomberg
Investors Underestimate Fed Unwind Risk, UBP's Villamin Says Bloomberg
That was fun; now comes the slowdown Reuters
All of this week’s other economic reports:
NAHB Housing Market Index - July | 64 v. 66 |
The Markets:
Oil fell over 2% more in anticipation of next week’s OPEC meeting.
The U.S. dollar index dropped again as the euro continued to rise in reaction to yesterday’s ECB meeting.
Treasuries found decent gains as the Dow, Nasdaq, and S&P slipped on political unrest.
Among the big names making news in the market Friday were Plug Power, Bank of America, Amazon, GE, Ford, Barclays, and Santander.
GATA Posts:
Greg Ip: Markets urge Fed to leave them alone
You can't lose if you join GATA at the New Orleans Investment Conference
The Statistics:
Activity from: 7/20/2017
Gold Warehouse Stocks: | 8,414,462.135 | - |
Silver Warehouse Stocks: | 213,447,269.516 | +133,918.673 |
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 | 816.125 | 26,239,223 | US$32,495m |
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$5,555m |
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$6,145m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$450m |
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: 211.86: +0.45 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,796.67: -29.41 change from yesterday’s data.
The Miners:
WINNERS
1. Yamana | AUY +3.15% $2.62 |
2. Alamos Gold | AGI +2.63% $7.02 |
3. Paramount | PZG +2.61% $1.57 |
LOSERS
1. Alexco | AXU -2.94% $1.32 |
2. Northern Dynasty | NAK -2.16% $1.36 |
3. Nevsun | NSU -2.00% $2.45 |
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, 21 July 2017 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Weekly Wrap-Up: Gold and Silver Gain Over 2% and 3% on the Week
