-- Published: Wednesday, 27 September 2017 | Print | Disqus
| Close | Gain/Loss |
Gold | $1283.80 | -$12.10 |
Silver | $16.75 | -$0.09 |
XAU | 84.75 | -1.30% |
HUI | 196.39 | -1.41% |
GDM | 640.22 | -1.29% |
JSE Gold | 1310.95 | -7.07 |
USD | 93.42 | +0.41 |
Euro | 117.48 | -0.39 |
Yen | 88.75 | -0.48 |
Oil | $52.14 | +$0.26 |
10-Year | 2.302% | +0.066 |
T-Bond | 153.03125 | -1.75 |
Dow | 22340.71 | +0.25% |
Nasdaq | 6453.26 | +1.15% |
S&P | 2507.04 | +0.41% |
The Metals:
Gold fell $13.20 to $1282.70 in early New York trade before it bounced back higher at times, but it still ended with a loss of 0.93%. Silver slipped to as low as $16.679 and ended with a loss of 0.53%.
Euro gold fell to about €1093, platinum lost $4 to $919, and copper climbed a penny to about $2.92.
Gold and silver equities fell over 1% at the open and remained near that level for the rest of the day.
The Economy:
Trump proposal slashes taxes on businesses, the rich amid deficit worries Reuters
Fed's Bullard sees no need to raise interest rates anytime soon MarketWatch
GOP tax plan assures rising national debt forever MarketWatch
Home-contract signings tumble to near 2-year low, hit by hurricanes and tight supply MarketWatch
U.S. core capital goods orders rise more than expected Reuters
Tomorrow brings GDP, Initial Jobless Claims, and International Trade in Goods.
The Markets:
Oil ended modestly higher after the Energy Information Administration reported that crude inventories fell 1.8 million barrels, gasoline inventories rose 1.1 million barrels, and distillates fell 800,000 barrels.
The U.S. dollar index rose and treasuries fell as the Dow, Nasdaq, and S&P jumped higher on Trump’s tax plan.
Among the big names making news in the market today were Bitcoin, Playbuzz, J.P. Morgan, Bank of America, and Monsanto.
GATA Posts:
Billionaire John Paulson targets gold-mining CEOs over pay
Bullion dealer Sharps Pixley to accept payment in bitcoin
Maybe they really do ring a bell at the top
U.S. dollar no longer the dominant 'haven' currency, analysts say
The Statistics:
As of close of business: 9/26/2017
Gold Warehouse Stocks: | 8,697,105.917 | - |
Silver Warehouse Stocks: | 218,598,224.786 | -121,496.08 |
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 | 862.578 | 27,732,747 | US$35,558m |
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$5,710m |
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$6,317m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$460m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | awaited | awaited | US$awaited |
Note: Change in Total Tonnes from yesterday’s data: SPDR added 6.501 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 224.82: +2.28 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,163.29: No change from yesterday’s data.
The Miners:
WINNERS
1. Almaden | AAU +8.93% $1.22 |
2. McEwen | MUX +3.05% $2.03 |
3. Avino | ASM +1.90% $1.61 |
LOSERS
1. Tahoe Resources | TAHO-11.62% $5.02 |
2. Paramount | PZG -7.65% $1.57 |
3. Fortuna | FSM -4.18% $4.36 |
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: Wednesday, 27 September 2017 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Fall Again
