-- Published: Wednesday, 8 November 2017 | Print | Disqus
Gold gained $10.70 to $1287.10 in late morning New York trade before it edged back lower into the close, but it still ended with a gain of 0.35%. Silver rose to as high as $17.242 and ended with a gain of 0.29%.
Euro gold rose above €1104, platinum gained $8.50 to $929, and copper climbed a penny to about $3.10.
Gold and silver equities saw over 1% gains throughout the morning before they drifted back lower in afternoon trade, but they still ended modestly higher on the day.
U.S. mortgage activity flat as loan rates fall: MBA Reuters
Why Trump's Currency Punching Bag Isn't an Easy Target Anymore Bloomberg
Do tax cuts and deficits really matter to the bond market? MarketWatch
China's Xi fetes Trump on first day of Beijing trip Reuters
Tomorrow brings Initial Jobless Claims and Wholesale Trade.
Oil remained slightly lower after the Energy Information Administration reported that crude inventories rose 2.2 million barrels, gasoline inventories fell 3.3 million barrels, and distillates fell 3.4 million barrels.
The U.S. dollar index, treasuries, and the Dow, Nasdaq, and S&P all held near unchanged on uncertainty about the Republican tax bill.
Among the big names making news in the market today were Postmates, Time Warner and AT&T, MGM Resorts, Uber, ConocoPhillips, Snap, LendingClub, Disney, and Teva.
Ethical behavior gives public confidence in Fed, Yellen says
CPM Group's Jeffrey Christian joins Monetary Metals' Board of Advisers
Gold has outperformed S&P 500 since 2001, Sprott analyst says
As of close of business: 11/7/2017
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: 235.19: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,893.21: -29.37 change from yesterday’s data.
Seabridge Gold’s (SA) drill results, Richmont’s (RIC) third quarter results, and McEwen’s (MUX) permit were among the big stories in the gold and silver mining industry making headlines today.
1. Northern Dynasty
NAK +8.46% $2.18
IAG +6.96% $6.15
3. First Majestic
AG +3.83% $7.04
1. Gold Standard
GSV -3.29% $1.47
2. Gold Resource
3. Gold Fields
GFI -2.00% $3.93
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, 8 November 2017 | E-Mail | Print | Source: GoldSeek.com