-- Published: Tuesday, 22 August 2017 | Print | Disqus
| Close | Gain/Loss |
Gold | $1285.60 | -$6.10 |
Silver | $17.00 | UNCH |
XAU | 84.87 | -0.62% |
HUI | 197.88 | -0.95% |
GDM | 642.84 | -0.73% |
JSE Gold | 1362.75 | -41.04 |
USD | 93.52 | +0.40 |
Euro | 117.59 | -0.50 |
Yen | 91.37 | -0.57 |
Oil | $47.64 | +$0.27 |
10-Year | 2.215% | +0.030 |
T-Bond | 155.59375 | -0.5625 |
Dow | 21899.89 | +0.90% |
Nasdaq | 6297.47 | +1.36% |
S&P | 2452.51 | +0.99% |
The Metals:
Gold fell $8.60 to $1283.10 in Asia before it rebounded to $1290.30 at about 9:30AM EST and then dropped back to $1282.10 in the next half hour of trade, but it then bounced back higher into midday and ended with a loss of just 0.47%. Silver slipped to as low as $16.877 and ended unchanged on the day.
Euro gold fell to about €1093, platinum lost $4 to $976, and copper climbed a couple of cents to about $3.00.
Gold and silver equities saw slight gains in the first 20 minutes of trade, but they then drifted back lower for most of the rest of the day and ended with modest losses.
The Economy:
Home Prices in U.S. Rose 6.6% in the Second Quarter, FHFA Says Bloomberg
FHFA: Home prices increase 6.6% in second quarter HousingWire
Yellen, Draghi Head to Jackson Hole Amid Inflation Unease Bloomberg
Tomorrow brings New Home Sales.
The Markets:
Oil rose almost 1% on expectations for another drop in tomorrow’s inventory report.
The U.S. dollar index saw decent gains and treasuries fell as the Dow, Nasdaq, and S&P gained roughly 1% on renewed hopes for tax reform and easing political tensions.
Among the big names making news in the market today were DSW, Macy’s, Johnson & Johnson, Kirkland, Amazon, 1confirmation, BHP Billiton, Coca-Cola, PespiCo, and Hyundai.
GATA Posts:
Jan Skoyles: How many claims of ownership on gold held by U.S.?
Press isn't any freer than the markets, GATA chairman says
Treasury secretary notes there's been no gold audit since 1953
After 40 years Fort Knox opens famed vault to (select) civilians
The Statistics:
As of close of business: 8/21/2017
Gold Warehouse Stocks: | 8,697,722.750 | -6,365.74 |
Silver Warehouse Stocks: | 215,303,412.410 | -42,542.16 |
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$32,993m |
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$5,719m |
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$6,308m |
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 |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 215.47: +0.99 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,401.24: No change from yesterday’s data.
The Miners:
WINNERS
1. Northern Dynasty | NAK +10.88% $1.63 |
2. Gold Standard | GSV +4.68% $1.79 |
3. Freeport | FCX +2.31% $15.07 |
LOSERS
1. AngloGold | AU -6.63% $9.16 |
2. Pretivm | PVG -4.33% $8.18 |
3. Harmony | HMY -4.23% $1.81 |
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: Tuesday, 22 August 2017 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold Chops Lower While Stocks Rebound
