-- Published: Thursday, 19 October 2017 | Print | Disqus
| Close | Gain/Loss |
Gold | $1288.00 | +$7.10 |
Silver | $17.23 | +$0.23 |
XAU | 85.52 | +0.54% |
HUI | 199.06 | +0.50% |
GDM | 650.45 | +0.40% |
JSE Gold | 1329.44 | +18.27 |
USD | 93.21 | -0.21 |
Euro | 118.47 | +0.49 |
Yen | 88.87 | +0.26 |
Oil | $51.29 | -$0.75 |
10-Year | 2.322% | -0.013 |
T-Bond | 153.34375 | +0.3125 |
Dow | 23163.04 | +0.02% |
Nasdaq | 6605.07 | -0.29% |
S&P | 2562.10 | +0.03% |
The Metals:
Gold fell $4.10 to $1276.80 in Asia, but it then climbed to as high as $1290.00 in late morning New York trade and ended with a gain of 0.55%. Silver rose to as high as $17.258 and ended with a gain of 1.35%.
Euro gold rose to about €1088, platinum gained $5 to $921, and copper dropped a penny to about $3.15.
Gold and silver equities traded mostly slightly higher and ended with modest gains.
The Economy:
Leading economic indicators fall 0.2 percent, miss expectations CNBC
Philly Fed manufacturing index lurches to a 5-month high in October MarketWatch
U.S. jobless claims hit 44-1/2-year low; mid-Atlantic factories humming Reuters
Mortgage rates snap their higher streak as Fed chair auditions heat up MarketWatch
Tomorrow brings Existing Home Sales and a speech from fed chair Yellen.
The Markets:
Oil fell over 1% as ample supplies overcame tension in the Middle East.
The U.S. dollar index dropped as the euro continued higher ahead of next week’s ECB meeting.
Treasuries rose as the Dow, Nasdaq, and S&P traded mostly lower but ended near unchanged on political uncertainty.
Among the big names making news in the market today were Apple, Amazon, and Verizon.
GATA Posts:
Barrick gives Tanzania stake in mines, $300 million to end dispute
Hugo Salinas Price: How unbacked fiat money corrupts society
The Statistics:
As of close of business: 10/18/2017
Gold Warehouse Stocks: | 8,511,843.136 | - |
Silver Warehouse Stocks: | 220,327,841.429 | -50,054.62 |
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 | 853.132 | 27,429,045 | US$35,277m |
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$5,725m |
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$6,325m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$462m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 228.87: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,023.77: No change from yesterday’s data.
The Miners:
Barrick’s (ABX) partnership deal with Tanzania, Alio Gold’s (ALO) warrants, Goldcorp’s (GG) completed sale, Entrée’s (EGI) joint venture update, McEwen’s (MUX) third quarter production results, AbraPlata’s (ABRA.V) drill results, Aurcana’s (AUN.V) exploration drilling, and SilverCrest’s (SIL.V) drill results were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Wheaton | WPM +3.25% $20.65 |
2. Paramount | PZG +3.15% $1.31 |
3. McEwen | MUX +2.48% $2.07 |
LOSERS
1. Harmony | HMY -3.98% $1.69 |
2. Northern Dynasty | NAK -2.87% $2.03 |
3. Silvercorp | SVM -2.24% $2.62 |
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: Thursday, 19 October 2017 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Gain Roughly 1%
