-- Published: Thursday, 30 November 2017 | Print | Disqus
| Close | Gain/Loss |
Gold | $1274.70 | -$10.40 |
Silver | $16.43 | -$0.13 |
XAU | 79.42 | -0.29% |
HUI | 185.30 | -0.30% |
GDM | 622.62 | -0.66% |
JSE Gold | 1453.22 | +7.21 |
USD | 93.02 | -0.22 |
Euro | 119.06 | +0.51 |
Yen | 88.91 | -0.55 |
Oil | $57.40 | +$0.10 |
10-Year | 2.419% | +0.034 |
T-Bond | 152.78125 | -0.53125 |
Dow | 24272.35 | +1.39% |
Nasdaq | 6873.97 | +0.73% |
S&P | 2647.58 | +0.82% |
The Metals:
Gold fell $14.70 to $1270.40 in early afternoon New York trade before it bounced back higher into the close, but it still ended with a loss of 0.81%. Silver slipped to as low as $16.314 and ended with a loss of 0.79%.
Euro gold fell to about €1071, platinum gained $1 to $938, and copper remained at about $3.04.
Gold and silver equities traded mixed and ended with modest losses.
The Economy:
Chicago PMI slips in November to three-month low MarketWatch
U.S. Consumer Spending Cools While Inflation May Encourage Fed Bloomberg
U.S. jobless claims post second weekly decline Reuters
Tomorrow brings PMI Manufacturing, ISM Manufacturing, and Construction Spending.
The Markets:
Oil edged higher in mixed trade after OPEC announced an extension to supply cuts.
The U.S. dollar index fell along with treasuries as the Dow, Nasdaq, and S&P climbed to new highs on more progress for the Senate’s tax bill.
Among the big names making news in the market today were Barnes & Noble, Sears, Verizon, and Kroger.
GATA Posts:
Coinbase loses bid to block U.S. tax probe of bitcoin gains
The Statistics:
As of close of business: 11/29/2017
Gold Warehouse Stocks: | 8,914,844.991 | - |
Silver Warehouse Stocks: | 235,905,885.652 | +1,081,987.743 |
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 | 839.548 | 26,992,301 | US$34,544m |
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$5,664m |
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$6,259m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$457m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 241.36: +0.30 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,863.86: No change from yesterday’s data.
The Miners:
Yamana’s (AUY) priced notes and Hecla’s (HL) work in Montana were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Northern Dynasty | NAK +3.14% $1.97 |
2. Alio Gold | ALO +2.05% $2.98 |
3. Gold Fields | GFI +1.68% $4.23 |
LOSERS
1. Alexco | AXU -5.00% $1.33 |
2. DRDGOLD | DRD -4.80% $3.37 |
3. Yamana | AUY -4.51% $2.54 |
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, 30 November 2017 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Fall Again
