-- Published: Tuesday, 26 September 2017 | Print | Disqus
| Close | Gain/Loss |
Gold | $1295.90 | -$14.50 |
Silver | $16.84 | -$0.31 |
XAU | 85.86 | -1.78% |
HUI | 199.18 | -2.08% |
GDM | 648.84 | -1.64% |
JSE Gold | 1318.02 | +11.20 |
USD | 93.01 | +0.35 |
Euro | 117.87 | -0.61 |
Yen | 89.23 | -0.39 |
Oil | $51.88 | -$0.34 |
10-Year | 2.236% | +0.018 |
T-Bond | 154.71875 | -0.1875 |
Dow | 22284.32 | -0.05% |
Nasdaq | 6380.16 | +0.15% |
S&P | 2496.84 | +0.01% |
The Metals:
Gold saw slight gains at $1313.40 in Asia before it fell back to $1293.50 in early afternoon New York trade and then bounced back higher at times, but it still ended with a loss of 1.11%. Silver slipped to as low as $16.777 and ended with a loss of 1.81%.
Euro gold fell to about €1099, platinum lost $16 to $923, and copper fell a couple of cents to about $2.91.
Gold and silver equities drifted lower for most of trade and ended with roughly 2% losses.
The Economy:
Yellen says Fed should be ‘wary’ of raising rates ‘too gradually’ MarketWatch
Yellen Fed wrong on employment inflation, meaning easier policy ahead CNBC
U.S. Consumer Confidence Eases After Storms Hit Texas, Florida Bloomberg
U.S. new home sales fall to eight-month low in August Reuters
Home-price gains accelerate in July as a reminder of the housing bubble stirs to life MarketWatch
Tomorrow brings Durable Goods Orders and Pending Home Sales.
The Markets:
Oil fell almost 1% ahead of tomorrow’s inventory report.
The U.S. dollar index rose and treasuries fell while the Dow, Nasdaq, and S&P held steady after fed chair Yellen reiterated the case for further rate increases.
Among the big names making news in the market today were Drizly, Nestle, Western Digital, Alibaba, and Equifax.
GATA Posts:
Interviewed by The Daily Coin, Turk describes new mechanism for monetizing gold
The Statistics:
As of close of business: 9/25/2017
Gold Warehouse Stocks: | 8,697,105.917 | -105.675 |
Silver Warehouse Stocks: | 218,719,720.866 | - |
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 | 856.077 | 27,523,717 | US$35,772m |
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$5,774m |
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$6,382m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$465m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | awaited | awaited | US$awaited |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 222.54: +0.51 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,163.29: +57.29 change from yesterday’s data.
The Miners:
WINNERS
1. Northern Dynasty | NAK +8.05% $1.88 |
2. Taseko | TGB +2.34% $1.75 |
3. Freeport | FCX +0.72% $13.99 |
LOSERS
1. Silvercorp | SVM -6.06% $2.79 |
2. McEwen | MUX -5.74% $1.97 |
3. Harmony | HMY -5.13% $1.85 |
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, 26 September 2017 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Erase Yesterday’s Advance
