-- Published: Monday, 14 August 2017 | Print | Disqus
| Close | Gain/Loss |
Gold | $1282.00 | -$9.30 |
Silver | $17.07 | -$0.04 |
XAU | 83.29 | -0.95% |
HUI | 195.19 | -1.37% |
GDM | 634.97 | -1.05% |
JSE Gold | 1374.60 | -4.21 |
USD | 93.42 | +0.35 |
Euro | 117.87 | -0.36 |
Yen | 91.00 | -0.61 |
Oil | $47.59 | -$1.23 |
10-Year | 2.219% | +0.0262 |
T-Bond | 155.03125 | -0.4375 |
Dow | 21993.71 | +0.62% |
Nasdaq | 6340.23 | +1.34% |
S&P | 2465.84 | +1.00% |
The Metals:
Gold fell $12.60 to $1278.70 in London before it bounced back higher throughout most of the morning in New York, but it then drifted back lower in afternoon trade and ended with a loss of 0.72%. Silver slipped to as low as $16.932 and ended with a loss of 0.23%.
Euro gold closed at €1088, platinum dropped to $967, and copper fell slightly to about $2.91.
Gold and silver equities lost roughly 1% at the open and remained near that level for the rest of the day.
The Economy:
There were no major economic reports today. Tomorrow brings Retail Sales, Import and Export Prices, the Empire State Manufacturing Survey, Business Inventories, the Housing Market Index, and TIC flows.
The Markets:
Oil fell over 2% on easing tensions over North Korea that sent the U.S. dollar index higher and treasuries lower.
The Dow, Nasdaq, and S&P rose roughly 1% at the open and remained near that level for the rest of the day.
Among the big names making news in the market today were Snap, Tesla, and Amazon.
GATA Posts:
On GoldSeek Radio, GATA Chairman Murphy looks for key to gold's next rise
India's gold imports rebound on restocking, good monsoon, top refiner says
The Statistics:
As of close of business: 8/11/2017
Gold Warehouse Stocks: | 8,632,167.752 | -1,993.299 |
Silver Warehouse Stocks: | 216,113,285.430 | +131,667.307 |
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 | 786.869 | 25,298,624 | US$32,435m |
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$5,704m |
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$6,303m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$461m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 34.33 | 1,103,760 | US$1,383m |
COMEX Gold Trust (IAU) Total Tonnes in Trust: 213.28.
Silver Trust (SLV) Total Tonnes in Trust: 10,445.33.
The Miners:
Avino’s (ASM) drill results and Great Panther’s (GPL) drill results were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Gold Resource | GORO +2.88% $3.57 |
2. Endeavour Silver | EXK +2.78% $2.22 |
3. Almaden | AAU +1.82% $1.12 |
LOSERS
1. Harmony | HMY -4.84% $1.77 |
2. Eldorado | EGO -4.50% $1.91 |
3. Yamana | AUY -3.72% $2.59 |
Winners & Losers tracks NYSE and AMEX listed gold and silver mining stocks that trade over $1.
Please see Yahoo’s Mining/Metals News Wire for all of today’s mining news.
- 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: Monday, 14 August 2017 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Fall as Dollar Climbs With Stocks
