-- Published: Thursday, 26 October 2017 | Print | Disqus
Gold gained $5.10 to $1282.50 in Asia and held near unchanged in London, but then fell back off in New York and ended near its last-minute low of $1265.90 with a loss of 0.79%. Silver slipped to as low as $16.744 and ended with a loss of 0.94%.
Euro gold rose to about €1088, platinum lost $6 to $915, and copper remained at about $3.17.
Gold and silver equities drifted lower for most of trade and ended roughly 2% lower on the day.
U.S. Pending Home Sales Weaker Than Forecast, Held Back by Irma Bloomberg
U.S. Goods-Trade Gap Widens to Four-Month High Bloomberg
U.S. jobless claims climb 10,000 to 233,000 a week after hitting 44-year low MarketWatch
U.S. House to vote on budget plan amid Republican fight on taxes Reuters
Tomorrow brings GDP and Consumer Sentiment.
Oil rose almost 1% on continued talk about a potential extension to OPEC-led production cuts.
The U.S. dollar index found notable gains as the euro fell after the ECB extended asset purchases by nine months.
Treasuries fell as the Dow, Nasdaq, and S&P flirted with new highs on decent earnings reports and hopes for tax cuts.
Among the big names making news in the market today were DowDuPont, Barclays, Deutsche Bank, Twitter, UPS, Celgene, Ford, Altria, Microsoft, Exxon, Caterpillar, and American Airlines.
Alasdair Macleod: America's stagflation
As of close of business: 10/25/2017
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: 233.15: +1.26 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,962.09: No change from yesterday’s data.
Randgold Resources' (GOLD) operations in Mali, Newmont’s (NEM) third quarter results, Gold Resource’s (GORO) dividend, and SilverCrest’s (SIL.V) drill results were among the big stories in the gold and silver mining industry making headlines today.
1. Agnico Eagle
AEM +3.41% $45.45
HMY +2.41% $1.70
BTG +0.82% $2.45
CDE -9.83% $7.52
ABX -7.87% $14.51
3. Gold Standard
GSV -6.25% $1.35
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, 26 October 2017 | E-Mail | Print | Source: GoldSeek.com