-- Published: Monday, 11 September 2017 | Print | Disqus
| Close | Gain/Loss |
Gold | $1327.60 | -$18.80 |
Silver | $17.76 | -$0.24 |
XAU | 89.61 | -2.23% |
HUI | 208.27 | -3.89% |
GDM | 683.11 | -2.73% |
JSE Gold | 1391.44 | -50.46 |
USD | 91.95 | +0.61 |
Euro | 119.51 | -0.84 |
Yen | 91.40 | -1.42 |
Oil | $48.07 | +$0.59 |
10-Year | 2.131% | +0.075 |
T-Bond | 157.28125 | -1.28125 |
Dow | 22057.37 | +1.19% |
Nasdaq | 6432.26 | +1.13% |
S&P | 2488.11 | +1.08% |
The Metals:
Gold fell throughout most of world trade and ended near its late session low of $1326.40 with a loss of 1.4%. Silver slipped to as low as $17.712 and ended with a loss of 1.33%.
Euro gold fell to about €1111, platinum lost $21 to $986, and copper climbed a few cents to about $3.06.
Gold and silver equities fell roughly 3% by midafternoon and remained near that level into the close.
The Economy:
U.S. inflation weakness persists: New York Fed survey Reuters
Tomorrow brings Job Openings data for July.
The Markets:
Oil ended over 1% higher in mixed trade on thoughts that energy demand impacts from Hurricane Irma will not be as bad as feared.
The U.S. dollar index rose and treasuries fell as the Dow, Nasdaq, and S&P gained over 1% on relief over the manageable damage caused by storms over the weekend.
Among the big names making news in the market today were Google, Shell, Tesla, Nissan, and T-Mobile.
GATA Posts:
In KWN interview, Maguire notes Goldman's warning against 'paper' gold
Fed can't sell unless some other huge entity buys, Embry says
But isn't bitcoin supposed to be beyond government control?
Ted Butler: Eight crooks against the world
The Statistics:
As of close of business: 9/08/2017
Gold Warehouse Stocks: | 8,696,919.037 | +2,023.587 |
Silver Warehouse Stocks: | 217,761,713.614 | +1,086,011.85 |
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 | 834.502 | 26,830,061 | US$35,792m |
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$5,919m |
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$6,544m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$477m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 33.35 | 1,072,201 | US$1,391m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 2.364 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 219.58: +1.05 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,173.58: No change from yesterday’s data.
The Miners:
Centerra Gold’s (CG.TO) settlement agreement with the Government of the Kyrgyz Republic, Comstock’s (LODE) award, Richmont’s (RIC) transaction with Monarques, Eldorado Gold’s (EGO) suspended investment at its Greek mines, Alamos Gold’s (AGI) friendly acquisition of Richmont (RIC), Tahoe’s (TAHO) court ruling, Endeavour Silver’s (EXK) exchanged mineral rights with Capstone, Coeur’s (CDE) acquisition of the Silvertip Mine, and Silver Bull’s (SVBL) channel sampling results were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Tahoe Resources | TAHO +33.4% $6.27 |
2. Taseko | TGB +5.73% $2.03 |
3. Paramount | PZG +2.30% $1.78 |
LOSERS
1. Alamos Gold | AGI -15.98% $7.10 |
2. McEwen | MUX -9.19% $2.57 |
3. AngloGold | AU -7.73% $9.79 |
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, 11 September 2017 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Fall Over 1%
