-- Published: Friday, 10 November 2017 | Print | Disqus
Gold saw only slight losses in Asia and London, but it then plummeted down to $1273.60 in early afternoon New York trade and ended with a loss of 0.79%. Silver slipped to as low as $16.798 and ended with a loss of 0.71%.
Mysterious 4 Million Ounces of Gold Trades Trigger Price Plunge
Bitcoin slides by over $1000 in less than 48 hours
Euro gold fell to about €1094, platinum lost $6.25 to $926.50, and copper dropped a penny to about $3.09.
Gold and silver equities fell roughly 1% by late morning and remained near that level for the rest of the day.
U.S. Consumer Sentiment Unexpectedly Drops Amid Price Concerns Bloomberg
Next week’s economic highlights include the Treasury Budget on Monday, PPI on Tuesday, CPI, Retail Sales, the Empire State Manufacturing Survey, Business Inventories, and Treasury International Capital on Wednesday, Initial Jobless Claims, the Philadelphia Fed, Import and Export Prices, Industrial Production, and the Housing Market Index on Thursday, and Housing Starts on Friday.
Oil fell almost 1% after Baker Hughes reported that U.S. energy companies added nine oil drilling rigs this week.
The U.S. dollar index remained weak and treasuries saw notable losses on uncertainty over tax policy that held the Dow, Nasdaq, and S&P mostly lower.
Among the big names making news in the market Friday were IBM, Pfizer, Uber, Disney, Nvidia, and McDonald’s.
Ned Naylor-Leyland: Oppose takeover of CEF to prevent banks from raiding its gold
Gold investors hold their nerve while stock markets fly
Activity from: 11/9/2017
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: 235.79: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,893.21: No change from yesterday’s data.
1. Gold Standard
GSV +6.76% $1.58
NG +0.97% $4.16
NSU +0.85% $2.37
FSM -5.77% $4.08
EGO -5.47% $1.21
3. Alio Gold
ALO -3.79% $3.55
Winners & Losers tracks NYSE and AMEX listed gold and silver mining stocks that trade over $1.
- Chris Mullen, Gold Seeker Report
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-- Published: Friday, 10 November 2017 | E-Mail | Print | Source: GoldSeek.com