-- Published: Thursday, 16 November 2017 | Print | Disqus
| Close | Gain/Loss |
Gold | $1278.50 | -$0.10 |
Silver | $17.08 | +$0.10 |
XAU | 79.84 | -0.25% |
HUI | 185.80 | -0.05% |
GDM | 627.55 | +0.05% |
JSE Gold | 1419.50 | -21.39 |
USD | 93.92 | +0.12 |
Euro | 117.68 | -0.24 |
Yen | 88.56 | -0.22 |
Oil | $55.14 | -$0.19 |
10-Year | 2.369% | +0.040 |
T-Bond | 153.21875 | -0.78125 |
Dow | 23458.36 | +0.80% |
Nasdaq | 6793.29 | +1.30% |
S&P | 2585.64 | +0.82% |
The Metals:
Gold gained $3 to $1281.60 in midmorning New York trade before it chopped back lower into the close, but it ended with a loss of just 0.01%. Silver rose to as high as $17.122 and ended with a gain of 0.59%.
Euro gold rose to about €1086, platinum remained at $930, and copper stayed at about $3.05.
Gold and silver equities waffled near unchanged and ended mixed.
The Economy:
House of Representatives approves tax package, shifts fight to Senate Reuters
Home-builder confidence climbs to 8-month high in November, NAHB says MarketWatch
Industrial production surges in October, tops forecast MarketWatch
Philly Fed Index Drops More Than Expected In November Nasdaq
U.S. jobless claims unexpectedly rise; import prices up modestly Reuters
Tomorrow brings Housing Starts.
The Markets:
Oil edged lower on uncertainty about OPEC’s future actions.
The U.S. dollar index rose and treasuries fell as the Dow, Nasdaq, and S&P gained roughly 1% after the “U.S. House of Representatives approved a broad package of tax cuts affecting businesses, individuals and families.”
Among the big names making news in the market today were Siemens, TransferWise, Cisco, Wal-Mart, Viacom, and Emerson.
GATA Posts:
Saudi regime expropriates detainees for their freedom
Twice burned -- how Mt. Gox's bitcoin customers could lose again
Bank said to be informing against co-conspirators in Treasury bond rigging
The Statistics:
As of close of business: 11/15/2017
Gold Warehouse Stocks: | 8,732,195.729 | +65,730.371 |
Silver Warehouse Stocks: | 231,665,541.419 | +19,251.54 |
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 | 843.387 | 27,115,733 | US$34,702m |
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$5,685m |
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$6,281m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$459m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 237.30: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,893.21: No change from yesterday’s data.
The Miners:
Tanzanian Royalty’s (TRX) progress update, IAMGOLD’s (IAG) drill results, and Royal Gold’s (RGLD) dividend increase were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Eldorado | EGO +4.35% $1.20 |
2. Gold Resource | GORO +4.05% $3.85 |
3. DRDGOLD | DRD +3.98% $3.66 |
LOSERS
1. Seabridge | SA -6.67% $11.20 |
2. NovaGold | NG -3.51% $3.85 |
3. Kinross | KGC -2.28% $4.28 |
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: Thursday, 16 November 2017 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold Holds Near Unchanged While Stocks Gain on Tax Vote
