-- Published: Wednesday, 1 November 2017 | Print | Disqus
Gold gained $10.30 to $1280.90 in London before it chopped back lower at times, but it still ended with a gain of 0.36%. Silver surged to as high as $17.192 and ended with a gain of 2.51%.
Euro gold rose to about €1097, platinum gained $14 to $931, and copper climbed 4 cents to about $3.13.
Gold and silver equities waffled near unchanged and ended mixed.
Fed holds rates steady; 'solid' growth keeps December hike in view Reuters
Fed Signals December Hike On Track a Day Before Trump Announces Next Chair Bloomberg
Fed more upbeat on economy as it holds rates steady MarketWatch
Manufacturers still growing like gangbusters, ISM finds MarketWatch
U.S. construction spending rises in Sept, but August revised lower Reuters
Growth in U.S. Manufacturing Eased in October From 13-Year High Bloomberg
U.S. mortgage activity falls to lowest since February: MBA Reuters
U.S. Companies Add Most Workers in Seven Months, ADP Data Show Bloomberg
Tomorrow brings Initial Jobless Claims and Productivity.
Oil ended slightly lower after the Energy Information Administration reported that crude inventories fell 2.4 million barrels, gasoline inventories fell 4 million barrels, and distillates dropped 300,000 barrels.
The U.S. dollar index remained higher after the fed held rates steady and stayed on track for a hike next month.
Treasuries rose after “after the Treasury Department said it would keep auction sizes steady in the coming months.”
The Dow, Nasdaq, and S&P traded mostly higher after the fed signaled solid economic growth.
Among the big names making news in the market today were Sony, Monsanto, Estee Lauder, Mylan, Ford, and Wal-Mart.
Fearing eurozone meltdown, German investors rush to gold
Gold bugs embrace bitcoin, upending retail sellers
Fake gold wasn't ours, Royal Canadian Mint says
As of close of business: 10/31/2017
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: 234.34: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,926.85: No change from yesterday’s data.
IAMGOLD’s (IAG) project update and Endeavour Silver’s (EXK) new Director of Investor Relations were among the big stories in the gold and silver mining industry making headlines today.
HMY +4.05% $1.80
BVN +3.34% $14.25
FCX +2.86% $14.38
1. Endeavour Silver
EXK -4.81% $1.98
SA -3.31% $13.15
3. Americas Silver
USAS -2.95% $3.95
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: Wednesday, 1 November 2017 | E-Mail | Print | Source: GoldSeek.com