-- Published: Tuesday, 24 October 2017 | Print | Disqus
Gold edged up to $1283.60 in Asia before it fell back to $1273.80 at about 11AM EST, but it then bounced back higher into the close and ended with a loss of just 0.35%. Silver slipped to as low as $16.883 and ended with a loss of 0.7%.
Euro gold fell to about €1087, platinum lost $1.50 to $921.50, and copper climbed a couple of cents to about $3.19.
Gold and silver equities fell roughly 1% by late morning and remained near that level for the rest of the day.
Richmond Fed manufacturing index 12 vs 17 expected forexlive
IHS Markit surveys show stronger U.S. economy in October MarketWatch
Trump-Ryan tax plan will encourage more corporate offshore tax avoidance MarketWatch
Tomorrow brings Durable Goods Orders, the FHFA House Price Index, and New Home Sales.
Oil rose over 1% on lingering geopolitical concerns and further pledges from Saudi Arabia to keep inventories under control.
The U.S. dollar index held near unchanged on uncertainty over Trump’s fed chair appointment.
Treasuries fell as the Dow, Nasdaq, and S&P climbed to new highs on strong earnings reports.
Among the big names making news in the market today were Polaris, Sears, Tenet, GM, 3M, Caterpillar, Fiat Chrysler, McDonald’s, and Lockheed Martin.
Did these mining giants just confirm the next gold frontier -- Ecuador?
Jury finds ex-HSBC executive guilty of fraud in $3.5 billion currency trade
Venezuela fails to reclaim the gold it pawned to Deutsche Bank
As of close of business: 10/23/2017
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: 231.89: +0.33 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,962.09: -32.30 change from yesterday’s data.
Newmont’s (NEM) dividend, Vista Gold’s (VGZ) Option Agreement, Endeavour Silver’s (EXK) drill results, and Hecla’s (HL) opposition in Montana were among the big stories in the gold and silver mining industry making headlines today.
TGB +3.62% $2.29
FCX +2.84% $15.23
CDE +0.84% $8.41
NSU -8.55% $2.14
AXU -5.97% $1.26
EGO -4.52% $1.48
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, 24 October 2017 | E-Mail | Print | Source: GoldSeek.com