-- Published: Tuesday, 19 September 2017 | Print | Disqus
| Close | Gain/Loss |
Gold | $1311.10 | +$2.70 |
Silver | $17.30 | +$0.09 |
XAU | 87.22 | +0.45% |
HUI | 202.27 | -0.13% |
GDM | 661.43 | +0.30% |
JSE Gold | 1344.62 | -4.32 |
USD | 91.79 | -0.24 |
Euro | 119.95 | +0.44 |
Yen | 89.81 | +0.04 |
Oil | $49.48 | -$0.43 |
10-Year | 2.245% | +0.017 |
T-Bond | 155.40625 | -0.21875 |
Dow | 22370.80 | +0.18% |
Nasdaq | 6461.32 | +0.10% |
S&P | 2506.65 | +0.11% |
The Metals:
Gold edged up to $1310.60 in midmorning New York trade before it fell back to $1305.40 in early afternoon action, but it then shot back higher into the close and ended near its late session high of $1311.70 with a gain of 0.21%. Silver rose to as high as $17.326 and ended with a gain of 0.52%.
Euro gold fell to about €1093, platinum lost $3.50 to $953, and copper remained at about $2.96.
Gold and silver equities waffled near unchanged and ended mixed.
The Economy:
U.S. current account widens sharply in second quarter Reuters
U.S. import prices post biggest gain in seven months Reuters
U.S. Housing Starts Steady, Permits Rise Ahead of Hurricanes Bloomberg
Tomorrow brings Existing Home Sales and a FOMC Announcement.
The Markets:
Oil fell almost 1% ahead of tomorrow’s inventory report.
The U.S. dollar index dropped on disappointing economic data.
Treasuries held near unchanged before tomorrow’s fed announcement.
The Dow, Nasdaq, and S&P rose to new records on relative geopolitical calm.
Among the big names making news in the market today were T-Mobile and Sprint, Equifax, Volvo, AutoZone, Walgreens, and Toys ‘R’ Us.
GATA Posts:
Turkey will strive to paperize 2,200 tonnes of gold in home savings
The Statistics:
As of close of business: 9/18/2017
Gold Warehouse Stocks: | 8,685,969.347 | -10,145.94 |
Silver Warehouse Stocks: | 218,601,860.495 | -177,011.371 |
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 | 843.959 | 27,134,141 | US$35,527m |
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$5,811m |
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$6,424m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$470m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | awaited | awaited | US$awaited |
Note: Change in Total Tonnes from yesterday’s data: SPDR added 5.319 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 221.34: +0.42 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,141.26: -32.32 change from yesterday’s data.
The Miners:
Newmont’s (NEM) lawsuit, Kinross Gold’s (KGC) updated mineral reserve and resource estimates, and Golden Star’s (GSS) drill results were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Northern Dynasty | NAK +3.83% $1.90 |
2. Sandstorm | SAND +3.06% $4.72 |
3. Alio Gold | ALO +2.78% $4.80 |
LOSERS
1. McEwen | MUX -9.47% $2.20 |
2. Taseko | TGB -5.38% $1.76 |
3. Eldorado | EGO -3.02% $2.25 |
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, 19 September 2017 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Bump Higher in Late Trade
