-- Published: Thursday, 2 November 2017 | Print | Disqus
Gold gained $6.20 to $1281.40 in Asia before it fell back to $1273.40 in London and then jumped up to $1284.00 in midmorning New York trade, but it then fell back off into the close and ended with a gain of just 0.08%. Silver slipped to as low as $17.042 and ended with a loss of 0.12%.
Euro gold fell to about €1094, platinum lost $10 to $921, and copper remained at about $3.13.
Gold and silver equities traded mostly slightly higher and ended with modest gains.
Trump nominates Jerome Powell to head Federal Reserve Reuters
What a Jerome Powell Fed means for investors and the economy MarketWatch
Long-awaited U.S. Republican legislation calls for deep tax cuts Reuters
U.S. jobless claims near 44-1/2-year low; productivity accelerates Reuters
Home Prices Rose in 92% of U.S. Metro Areas in Third Quarter Bloomberg
Mortgage rates tread water as Fed stays the course MarketWatch
Layoffs in U.S. back to nearly 45-year low, jobless claims show MarketWatch
U.S. Productivity Rises by Most in Three Years as Output Jumps Bloomberg
U.S. October car sales surprise again, but there are signs of weakness MarketWatch
Tomorrow brings October’s job data, PMI Services, Factory Orders and ISM Non-Manufacturing.
Oil ended with a modest gain on hopes for supply cuts.
The U.S. dollar index fell and treasuries rose while the Dow, Nasdaq, and S&P traded mixed after details of Republican legislation for tax cuts failed to impress.
Among the big names making news in the market today were Time Warner, Shell, Bombardier, Chesapeake, Alibaba, Tesla, Bitcoin, and Disney.
Russia and China talk about joining forces to shake dollar's dominance
Activity from: 11/1/2017
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: Change in Total Tonnes from yesterday’s data: SPDR subtracted 1.182 tonnes.
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.
Endeavour Mining (EDV.TO) and Randgold’s (GOLD) Joint Venture in Côte d'Ivoire, Paramount’s (PZG) Pre-Feasibility Study update, Alamos Gold’s (AGI) third quarter results, Randgold’s (GOLD) third quarter results, Royal Gold’s (RGLD) first quarter results, Excellon’s (EXN.TO) third quarter results, Endeavour Silver’s (EXK) third quarter results, and Hecla’s (HL) third quarter drilling and exploration results were among the big stories in the gold and silver mining industry making headlines today.
1. Endeavour Silver
EXK +10.1% $2.18
SAND +5.41% $4.48
RIC +4.09% $8.90
AAU -9.01% $0.91
3. Americas Silver
USAS -5.06% $3.75
Winners & Losers tracks NYSE and AMEX listed gold and silver mining stocks that trade over $1.
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-- Published: Thursday, 2 November 2017 | E-Mail | Print | Source: GoldSeek.com