-- Published: Tuesday, 12 September 2017 | Print | Disqus
| Close | Gain/Loss |
Gold | $1331.50 | +$3.90 |
Silver | $17.87 | +$0.11 |
XAU | 90.20 | +0.66% |
HUI | 209.56 | +0.62% |
GDM | 684.54 | +0.21% |
JSE Gold | 1380.08 | -11.36 |
USD | 91.92 | -0.03 |
Euro | 119.66 | +0.15 |
Yen | 90.77 | -0.63 |
Oil | $48.23 | +$0.16 |
10-Year | 2.171% | +0.040 |
T-Bond | 156.53125 | -0.75 |
Dow | 22118.86 | +0.28% |
Nasdaq | 6454.28 | +0.34% |
S&P | 2496.48 | +0.34% |
The Metals:
Gold dipped $4.90 to $1322.70 in London before it jumped up to $1329.00 at about 8:30AM EST and then chopped back lower in morning New York trade, but it then climbed to a new session high at $1331.80 in afternoon trade and ended with a gain of 0.29%. Silver rose to as high as $17.889 and ended with a gain of 0.62%.
Euro gold rose to about €1113, platinum remained at $986, and copper fell 3 cents to about $3.03.
Gold and silver equities edged higher in afternoon trade and ended with modest gains.
The Economy:
U.S. Household Incomes Rose to Record in 2016 as Poverty Fell Bloomberg
Job Openings in U.S. Climbed to Record 6.17 Million in July Bloomberg
Goldman Sachs lowers U.S. third-quarter GDP forecast after Harvey, Irma Reuters
The U.S. is now over $20 trillion in debt — here’s how it got there MarketWatch
Tomorrow brings PPI and the Treasury Budget.
The Markets:
Oil closed up on the day after OPEC said output in August fell by 79,000 barrels a day to 32.76 million.
The U.S. dollar index ended slightly lower in mixed trade and treasuries fell as the Dow, Nasdaq, and S&P rose to new records on talk about tax reform.
Among the big names making news in the market today were Apple, McDonald’s, DowDuPont, and Equifax.
GATA Posts:
China gold firms pursue $1.5 billion Indonesia mine
The Statistics:
As of close of business: 9/11/2017
Gold Warehouse Stocks: | 8,696,919.037 | - |
Silver Warehouse Stocks: | 217,633,347.138 | -128,366.476 |
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 | 835.684 | 26,868,073 | US$35,636m |
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$5,896m |
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$6,511m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$478m |
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 added 1.182 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 219.58: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,173.58: No change from yesterday’s data.
The Miners:
Petropavlovsk’s first-half earnings, Comstock’s (LODE) acquisition of claims, and IAMGOLD’s (IAG) analyst tour were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Americas Silver | USAS +5.69% $4.83 |
2. Gold Resource | GORO +5.45% $3.87 |
3. Endeavour Silver | EXK +4.88% $2.58 |
LOSERS
1. Turquoise | TRQ -2.45% $3.19 |
2. Tahoe Resource | TAHO -1.44% $6.18 |
3. Randgold | GOLD -0.86% $103.36 |
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, 12 September 2017 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Turn Higher in Late Trade
