Gold Seeker Closing Report: Gold Gains While Stocks Drop Over 1%
By: Chris Mullen
-- Published: Thursday, 17 August 2017 | Print | Disqus
Gold gained $8.10 to $1289.80 in Asia before it fell back to $1281.70 in late morning New York trade, but it then rallied back higher into the close and ended with a gain of 0.55%.Silver rose to $17.159 before it fell back to $16.977 and then also bounced back higher, but it still ended with a loss of 0.23%.
Euro gold rose to about €1099, platinum lost $5 to $973, and copper fell 6 cents to about $2.91.
Gold and silver equities waffled near unchanged and ended mixed.
Kinross Gold’s (KGC) partnership, Gold Fields’ (GFI) first half results, Banro’s (BAA) second quarter results, Harmony’s (HMY) second quarter results, and Fortuna’s (FSM) board appointment were among the big stories in the gold and silver mining industry making headlines today.
NAK +4.70% $1.56
PZG +4.03% $1.55
PVG +3.50% $8.57
FCX -3.86% $14.20
NSU -3.72% $2.07
DRD -2.75% $3.18
Winners & Losers tracks NYSE and AMEX listed gold and silver mining stocks that trade over $1.
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