-- Published: Friday, 20 October 2017 | Print | Disqus
Gold drifted lower throughout most of world trade and ended near its early afternoon New York low of $1278.00 with a loss of 0.62%. Silver slipped to as low as $16.946 and ended with a loss of 1.16%.
Euro gold fell to about €1087, platinum remained at $921, ad copper stayed at $3.15.
Gold and silver equities fell almost 1% by late morning and remained near that level for the rest of the day.
U.S. ends fiscal 2017 with $666 billion budget deficit MarketWatch
U.S. existing home sales unexpectedly rebound in September Reuters
Senate Republicans push through budget proposal, clearing path to tax overhaul MarketWatch
Tonight at 7:30PM EST:
“Federal Reserve Chair Janet Yellen to deliver a lecture on "Monetary Policy Since the Financial Crisis" at the NEC Herbert Stein Memorial Lecture and Annual Members Dinner in Washington, with audience Q&A.”
Next week’s economic highlights include Durable Goods Orders, the FHFA House Price Index, and New Home Sales on Wednesday, Initial Jobless Claims, International Trade in Goods, and Pending Home Sales Index on Thursday, and GDP and Consumer Sentiment on Friday.
Oil edged higher on lingering geopolitical concerns.
The U.S. dollar index rose and treasuries fell as the Dow, Nasdaq, and S&P climbed to new highs after the Senate approved a budget proposal for tax cuts.
Among the big names making news in the market Friday were Honeywell, Noble Group, XPO Logistics, P&G, McDonald's, and GE.
Barclays sued by fund for $850 million in metals market abuse
Activity from: 10/19/2017
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
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 230.37: +1.50 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,994.39: -29.38 change from yesterday’s data.
Rio Tinto’s (RIO) talks with Indonesia and Acacia’s (ACA.L) ability to make a $300 million payment to the Tanzanian government were among the big stories in the gold and silver mining industry making headlines Friday.
1. New Gold
NGD +2.24% $3.65
WPM +1.26% $20.91
3. Northern Dynasty
NAK +0.99% $2.05
AXU -5.04% $1.32
BTG -4.49% $2.55
PZG -3.82% $1.26
Winners & Losers tracks NYSE and AMEX listed gold and silver mining stocks that trade over $1.
- Chris Mullen, Gold Seeker Report
- Would you like to receive the Free Daily Gold Seeker Report in your e-mail? Click here
Additional Resources for today’s Gold Seeker Report can be found:
© Gold Seeker 2017
Note: This article may be reproduced provided the article, in full, is used and mention to Gold-Seeker.com is given.
Disclosure: The owner, editor, writer and publisher and their associates are not responsible for errors or omissions. The author of this report is not a registered financial advisor. Readers should not view this material as offering investment related advice. Gold-Seeker.com has taken precautions to ensure accuracy of information provided. Information collected and presented are from what is perceived as reliable sources, but since the information source(s) are beyond Gold-Seeker.com’s control, no representation or guarantee is made that it is complete or accurate. The reader accepts information on the condition that errors or omissions shall not be made the basis for any claim, demand or cause for action. Past results are not necessarily indicative of future results. Any statements non-factual in nature constitute only current opinions, which are subject to change. Nothing contained herein constitutes a representation by the publisher, nor a solicitation for the purchase or sale of securities & therefore information, nor opinions expressed, shall be construed as a solicitation to buy or sell any stock, futures or options contract mentioned herein. Investors are advised to obtain the advice of a qualified financial & investment advisor before entering any financial transaction.
| Digg This Article
-- Published: Friday, 20 October 2017 | E-Mail | Print | Source: GoldSeek.com