-- Published: Monday, 30 October 2017 | Print | Disqus
| Close | Gain/Loss |
Gold | $1275.60 | +$2.50 |
Silver | $16.84 | UNCH |
XAU | 82.37 | +0.99% |
HUI | 189.17 | +1.14% |
GDM | 631.95 | +1.22% |
JSE Gold | 1380.45 | +8.03 |
USD | 94.44 | -0.44 |
Euro | 116.58 | +0.58 |
Yen | 88.47 | +0.47 |
Oil | $54.15 | +$0.25 |
10-Year | 2.368% | -0.051 |
T-Bond | 152.375 | +1.1875 |
Dow | 23348.74 | -0.36% |
Nasdaq | 6698.96 | -0.03% |
S&P | 2572.83 | -0.32% |
The Metals:
Gold dipped $4.10 to $1269.00 in Asia, but it then jumped up to as high as $1278.80 in early afternoon New York trade and ended with a gain of 0.2%. Silver rose to as high as $16.892 and ended unchanged on the day.
Euro gold fell to about €1094, platinum gained 44 to $917, and copper remained at about $3.10.
Gold and silver equities rose over 1% by midday and remained near that level for the rest of the day.
The Economy:
U.S. consumer spending grows at fastest pace since 2009 Reuters
Fed statement may have treats for the hawks and the doves MarketWatch
U.S. Homes Are Getting Snapped Up at the Fastest Pace in 30 Years Bloomberg
Tomorrow brings the Employment Cost Index, S&P Corelogic Case-Shiller HPI, Chicago PMI, and Consumer Confidence.
The Markets:
Oil rose again on the outlook for an extension to supply cuts.
The U.S. dollar index fell and treasuries found notable gains as the Dow, Nasdaq, and S&P dropped on poor earnings and political uncertainty.
Among the big names making news in the market today were Merck, Daimler, Tata Steel, Lennar, CalAtlantic, Kobe Steel, and Akzo Nobel.
GATA Posts:
Royal Canadian Mint-stamped gold wafer appears to be fake
New York Sun: Is America on a gold standard?
Federal prosecutors are investigating Wells Fargo FX business, report says
The Statistics:
As of close of business: 10/27/2017
Gold Warehouse Stocks: | 8,707,209.874 | +259,620.985 |
Silver Warehouse Stocks: | 225,762,493.357 | +1,144,337.881 |
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 | 850.769 | 27,353,060 | US$34,782m |
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$5,678m |
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$6,271m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$458m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 1.181 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 233.15: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,962.09: No change from yesterday’s data.
The Miners:
WINNERS
1. Eldorado | EGO +5.43% $1.36 |
2. Silvercorp | SVM +4.94% $2.55 |
3. Nevsun | NSU +4.35% $2.40 |
LOSERS
1. Alexco | AXU -4.31% $1.11 |
2. Gold Standard | GSV -2.86% $1.36 |
3. Buenaventura | BVN -2.14% $13.70 |
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: Monday, 30 October 2017 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold Gains While Stocks Drop 
