-- Published: Friday, 13 October 2017 | Print | Disqus
Gold saw modest gains in Asia before it fell back to $1290.70 in London, but it then jumped up to $1302.50 after the release of economic data in New York and ended with a gain of 0.8%. Silver rose to as high as $17.393 and ended with a gain of 0.99%.
Euro gold rose to about €1103, platinum gained $9.50 to $944.50, and copper climbed a penny to about $3.12.
Gold and silver equities waffled near unchanged and ended slightly higher.
U.S. business inventories post largest gain in nine months Reuters
Consumer Sentiment in U.S. Unexpectedly Surges to 13-Year High Bloomberg
U.S. Inflation Picks Up on Fuel Costs While Core Gauge Slows Bloomberg
U.S. Retail Sales Climb Most Since 2015 on Storm-Related Boost Bloomberg
Next week’s economic highlights include the Empire State Manufacturing Survey on Monday, Import and Export Prices, Industrial Production, the Housing Market Index, and Treasury International Capital on Tuesday, Housing Starts and the fed’s Beige Book on Wednesday, Initial Jobless Claims and Leading Economic Indicators on Thursday, and Existing Home Sales and a speech from fed chair Yellen on Friday.
Oil gained almost 2% on geopolitical concerns and strong Chinese imports.
The U.S. dollar index mostly fell after this morning’s disappointing economic data sent treasuries higher.
The Dow, Nasdaq, and S&P rose as mixed banking and healthcare news was overcome by positive moves in the tech sector.
Among the big names making news in the market Friday were Kobe Steel, Amazon, Facebook, Wells Fargo, Samsung, Bank of America, and PNC.
The psychology of gold and why it has that allure
Where gold trade goes if London loses its grip
Activity from: 10/12/2017
Gold Warehouse Stocks:
Silver Warehouse Stocks:
Global Gold ETF Holdings
[WGC Sponsored ETF’s]
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
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra)
Gold Bullion Securities
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) AND NYSE Euronext Amsterdam
ETFS Physical Gold
Australian Stock Exchange (ASX)
Gold Bullion Securities
Johannesburg Securities Exchange (JSE)
New Gold Debentures
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 228.69: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,132.44: No change from yesterday’s data.
B2Gold’s (BTG) third quarter production and AbraPlata’s (ABRA.V) market making service were among the big stories in the gold and silver mining industry making headlines Friday.
BVN +3.50% $14.50
2. Gold Fields
GFI +2.49% $4.12
DRD +1.93% $3.70
1. New Gold
NGD -2.38% $3.69
2. Northern Dynasty
NAK -2.30% $2.12
PZG -2.26% $1.30
Winners & Losers tracks NYSE and AMEX listed gold and silver mining stocks that trade over $1.
- Chris Mullen, Gold Seeker Report
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-- Published: Friday, 13 October 2017 | E-Mail | Print | Source: GoldSeek.com