-- Published: Wednesday, 6 December 2017 | Print | Disqus
Gold gained $2.30 to $1269.10 in Asia before it drifted back to $1262.70 in late morning New York trade, but it then bounced back higher in afternoon trade and ended with a loss of just 0.17%. Silver slipped to as low as $15.916 and ended with a loss of 0.87%.
Euro gold rose above €1072, platinum lost $14 to $900, and copper climbed a penny to about $2.95.
Gold and silver equities fell roughly 1% by late morning and remained near that level for the rest of the day.
Libor's Climb to Almost Decade High Shouldn't Be Overlooked Bloomberg
US productivity jumps 3 percent in third quarter, best showing in 3 years, while labor costs fall ABC News
U.S. private sector adds 190,000 jobs in November: ADP Reuters
Tomorrow brings Initial Jobless Claims and Consumer Credit.
Oil dropped almost 3% after the Energy Information Administration reported that crude inventories fell 5.6 million barrels, gasoline inventories rose 6.8 million barrels, and distillates rose 1.7 million barrels.
The U.S. dollar index rose on optimism that a tax bill will be passed by the end of the year.
Treasuries saw decent gains as the Dow, Nasdaq, and S&P waffled near unchanged on concerns about a possible government shutdown Saturday.
Among the big names making news in the market today were Walgreens, Google, UnitedHealth, Boeing, and Square.
GATA Chairman Murphy interviewed for Reluctant Preppers
As of close of business: 12/5/2017
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: Change in Total Tonnes from yesterday’s data: SPDR subtracted 1.462 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 241.58: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,006.40: +82.18 change from yesterday’s data.
Nevsun’s (NSU) filed technical report and Newmont’s (NEM) updated outlook and guidance were among the big stories in the gold and silver mining industry making headlines today.
1. Alio Gold
ALO +2.72% $3.02
BTG +2.35% $2.61
FSM +2.12% $4.34
NG -6.91% $3.50
AU -6.26% $9.14
HMY -6.18% $1.67
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: Wednesday, 6 December 2017 | E-Mail | Print | Source: GoldSeek.com