-- Published: Friday, 17 November 2017 | Print | Disqus
Gold saw only slight gains in Asia and London, but it then climbed steadily higher throughout most of trade in New York and ended near its early afternoon high of $1296.70 with a gain of 1.21%. Silver rose to as high as $17.371 and ended with a gain of 1.17%.
Euro gold rose to about €1098, platinum gained $20 to $950, and copper climbed a couple of cents to about $3.07.
Gold and silver equities gained roughly 1% by midday and remained near that level into the close.
U.S. Home Starts Reach Highest Level in a Year, Permits Rise Bloomberg
Oil gained nearly 3% “as Saudi Arabia moved to dissipate doubts that Russia is ready to extend output curbs.”
The U.S. dollar index fell and treasuries rose as the Dow, Nasdaq, and S&P dropped on concerns about the economy and taxes.
Among the big names making news in the market Friday were GE, Abercrombie & Fitch, Tesla, Airbnb, and Comcast, Verizon, and Twenty-First Century Fox.
Jim Rickards: Gold is rising despite threat of higher interest rates
Gillian Tett: Prepare to bet against bitcoin as it becomes civilized
Bitcoin is the new crisis currency
Activity from: 11/16/2017
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: 237.30: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,893.21: No change from yesterday’s data.
Freeport’s (FCX) continued violence in Indonesia and MAG Silver’s (MAG) private placement were among the big stories in the gold and silver mining industry making headlines Friday.
AXU +5.56% $1.24
TGB +5.53% $2.10
EGO +5.00% $1.26
1. Northern Dynasty
NAK -4.50% $2.12
HL -2.02% $3.88
3. Gold Standard
GSV -0.68% $1.47
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, 17 November 2017 | E-Mail | Print | Source: GoldSeek.com