Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

The Precious Metals Bears' Fear of Fridays
By: Dimitri Speck

The Lemmings are Heading Towards the Cliff...Again
By: Gary Savage

28 Reasons to Buy Physical Gold
By: BullionStar

Is This Gold Rally The Start Of Something Big?
By: Avi Gilburt

GoldSeek Radio Nugget: Peter Grandich and Chris Waltzek
By: radio.GoldSeek.com

GoldSeek Radio Nugget: Andy Schectman and Chris Waltzek
By: radio.GoldSeek.com

Keeping Your Cryptos Safe From Crooks
By: Avi Gilburt with Ryan Wilday

Buy Gold As Fed Shows Uncertainty And Concern Over Financial ‘Imbalances’
By: GoldCore

Gold Seeker Closing Report: Gold and Silver Gain About 1%
By: Chris Mullen, Gold Seeker Report

Northern Vertex Files Preliminary Economic Assessment Report for the Moss Gold Mine in NW Arizona
By: Northern Vertex Mining Corp.

 
Search

GoldSeek Web

 
Gold Seeker Closing Report: Gold Gains While Stocks Fall on Tax Talk
By: Chris Mullen, Gold Seeker Report

 -- Published: Thursday, 9 November 2017 | Print  | Disqus 

 

Close

Gain/Loss

Gold

$1286.10

+$5.20

Silver

$17.01

UNCH

XAU

81.88

-0.64%

HUI

189.24

-0.26%

GDM

634.86

-0.10%

JSE Gold

1447.62

-4.26

USD

94.51

-0.34

Euro

116.43

+0.44

Yen

88.34

+0.46

Oil

$57.17

+$0.36

10-Year

2.324%

-0.008

T-Bond

153.90625

-0.4375

Dow

23461.94

-0.43%

Nasdaq

6750.05

-0.58%

S&P

2584.62

-0.38%

 
http://www.goldseek.com/news/2017/2017-11-09_14-03-52.jpg

 

The Metals:

 

Gold gained $7.20 to $1288.10 in London before it dropped back to $1282.10 in late morning New York trade, but it then rallied back higher in afternoon trade and ended with a gain of 0.41%. Silver rose to as high as $17.14 and ended unchanged on the day.

 

Euro gold rose to about €1105, platinum gained $3.75 to $932.75, and copper remained at about $3.10.

 

Gold and silver equities waffled near unchanged and ended slightly lower.

 

The Economy:

 

Mortgage rates slide to 4-week low as tax overhaul stumbles  MarketWatch

U.S. Wholesale Inventories Grew Modestly in September  Fox Business

U.S. Consumer Comfort Stays High in Positive Sign for Economy  Bloomberg

Filings for Jobless Benefits Show Steady U.S. Job Market  Bloomberg

 

Tomorrow brings Consumer Sentiment.

 

The Markets:

 

Oil rose on geopolitical concerns in the Middle East.

 

The U.S. dollar index fell along with treasuries and the Dow, Nasdaq, and S&P on disappointment over a possible delay to tax cuts.

 

Among the big names making news in the market today were Boeing, Roku, Kohl’s, and Twitter.

 

GATA Posts:

 

 

Third-quarter gold demand slides to eight-year low, World Gold Council says

 

The Statistics:

As of close of business: 11/8/2017

Gold Warehouse Stocks:

8,722,165.607

-49,312.12

Silver Warehouse Stocks:

229,957,882.826

+192,009.616

 

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

843.092

27,106,237

US$34,823m

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$5,706m

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$6,309m

Australian Stock Exchange (ASX)

Gold Bullion Securities

11.16

358,789

US$461m

Note: No change in Total Tonnes from yesterday’s data.

 

COMEX Gold Trust (IAU) Total Tonnes in Trust: 235.79: No change from yesterday’s data.

 

Silver Trust (SLV) Total Tonnes in Trust: 9,893.21: No change from yesterday’s data.

 

The Miners:

 

B2Gold’s (BTG) drill results, Eldorado’s (EGO) update on Greece, and Silvercorp’s (SVM) dividend were among the big stories in the gold and silver mining industry making headlines today.

 

WINNERS

1.  Eldorado

EGO +5.79% $1.28

2.  Kinross

KGC +4.55% $4.37

3.  DRDGOLD

DRD +4.52% $3.70

 

LOSERS

1.  Hecla

HL -9.11% $4.19

2.  Pan American

PAAS-6.00% $15.04

3.  Alio Gold

ALO -5.14% $3.69

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

 

- Would you like to receive the Free Daily Gold Seeker Report in your e-mail? Click here

Additional Resources for today’s Gold Seeker Report can be found:

© Gold Seeker 2017

Note: This article may be reproduced provided the article, in full, is used and mention to Gold-Seeker.com is given.

Disclosure: The owner, editor, writer and publisher and their associates are not responsible for errors or omissions. The author of this report is not a registered financial advisor. Readers should not view this material as offering investment related advice. Gold-Seeker.com has taken precautions to ensure accuracy of information provided. Information collected and presented are from what is perceived as reliable sources, but since the information source(s) are beyond Gold-Seeker.com’s control, no representation or guarantee is made that it is complete or accurate. The reader accepts information on the condition that errors or omissions shall not be made the basis for any claim, demand or cause for action. Past results are not necessarily indicative of future results. Any statements non-factual in nature constitute only current opinions, which are subject to change. Nothing contained herein constitutes a representation by the publisher, nor a solicitation for the purchase or sale of securities & therefore information, nor opinions expressed, shall be construed as a solicitation to buy or sell any stock, futures or options contract mentioned herein. Investors are advised to obtain the advice of a qualified financial & investment advisor before entering any financial transaction.

 


| Digg This Article
 -- Published: Thursday, 9 November 2017 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2017



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.