-- Published: Monday, 21 August 2017 | Print | Disqus
| Close | Gain/Loss |
Gold | $1291.70 | +$5.30 |
Silver | $17.00 | -$0.03 |
XAU | 85.40 | +1.79% |
HUI | 199.78 | +1.69% |
GDM | 646.41 | +1.26% |
JSE Gold | 1403.79 | -6.74 |
USD | 93.12 | -0.29 |
Euro | 118.09 | +0.43 |
Yen | 91.94 | +0.21 |
Oil | $47.37 | -$1.14 |
10-Year | 2.185% | -0.008 |
T-Bond | 156.125 | +0.28125 |
Dow | 21703.75 | +0.13% |
Nasdaq | 6213.12 | -0.05% |
S&P | 2428.37 | +0.12% |
The Metals:
Gold saw slight losses in Asia before it climbed to as high as $1293.30 in midmorning New York trade and then chopped back lower at times, but it still ended with a gain of 0.41%. Silver rose to as high as $17.121 before it also fell back off into the close, but it ended with a loss of just 0.18%.
Euro gold remained at about €1094, platinum gained $2 to $980, and copper climbed 4 cents to about $2.98.
Gold and silver equities rose over 1% in the first half hour of trade and remained near that level for the rest of the day.
The Economy:
Yellen, Draghi Head to Jackson Hole Amid Inflation Unease Bloomberg
Trump's job-approval rating plummets in three key states, polls find MarketWatch
Fed's Big Bond Unwind May Clobber U.S. Stocks, Corporate Debt Bloomberg
Tomorrow brings the FHFA House Price Index.
The Markets:
Oil fell over 2% on concerns about increasing US production.
The U.S. dollar index drifted lower and treasuries rose as the Dow, Nasdaq, and S&P traded mostly lower on uncertainty about interest rates and this weekend’s upcoming meeting and speeches at Jackson Hole.
Among the big names making news in the market today were Bitcoin, Alibaba, Fiat, Maersk, Herbalife, Sempra, and Monsanto.
The Statistics:
As of close of business: 8/18/2017
Gold Warehouse Stocks: | 8,704,088.490 | -3,022.10 |
Silver Warehouse Stocks: | 215,345,954.570 | -250,304.32 |
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 | 799.286 | 25,697,857 | US$33,217m |
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$5,731m |
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$6,334m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$463m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 34.33 | 1,103,760 | US$1,383m |
Note: Change in Total Tonnes from yesterday’s data: SPDR added 3.843 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 214.48: +1.2 tonne change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,401.24: No change from yesterday’s data.
The Miners:
Nevsun’s (NSU) new CFO and AngloGold’s (AU) first-half loss were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Coeur | CDE +6.09% $8.18 |
2. Freeport | FCX +4.03% $14.73 |
3. Gold Standard | GSV +3.64% $1.71 |
LOSERS
1. Nevsun | NSU -1.44% $2.06 |
2. Endeavour Silver | EXK -0.90% $2.20 |
3. Almaden | AAU -0.89% $1.11 |
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
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-- Published: Monday, 21 August 2017 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold Gains While Stocks Hold Near Unchanged 
