-- Published: Friday, 8 December 2017 | Print | Disqus
Gold edged up to $1249.60 in Asia before it dropped back to $1244.20 just after this morning’s jobs data was released, but it quickly popped back up to $1252.30 by midmorning and ended with a gain of 0.01%. Silver rose to as high as $15.894 and ended with a gain of 0.7%.
Euro gold rose to about €1061, platinum lost $7 to $885, and copper climbed a penny to about $2.96.
Gold and silver equities rose roughly 1% at the open before they drifted back towards unchanged by early afternoon, but they then bounced back higher into the close and ended with modest gains.
U.S. wholesale inventories fall as sales rise solidly Reuters
Sour on tax reform, U.S. consumer sentiment edges down to three-month low MarketWatch
U.S. job growth strong in November, wages rebound Reuters
U.S. Payrolls Rise 228,000 While Wages Gain Less Than Forecast Bloomberg
Oil rose over 1% on geopolitical concerns and strong Chinese imports.
The U.S. dollar index edged higher and treasuries traded mixed as the Dow, Nasdaq, and S&P rose on mostly better than expected jobs data.
Among the big names making news in the market Friday were Kinder Morgan Canada, CVS/Aetna, Monsanto, Denali Therapeutics, Bitcoin, and Teva Pharmaceutical.
James Howard Kunstler: Bitcoin has replaced gold as the alarm
Sharps Pixley's Williams cites Ted Butler and GATA's Ed Steer
Insider manipulation of bitcoin price may be legal
Stunning swings in bitcoin promise start-and-stop futures sessions
Reuters mentions 'central bank manipulation'
Activity from: 12/7/2017
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 2.657 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 242.12: +0.54 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,041.63: +35.23 change from yesterday’s data.
1. First Majestic
AG +3.34% $6.49
PZG +3.23% $1.28
HL +3.18% $3.57
TGB -3.43% $1.97
2. Great Panther
GPL -2.65% $1.10
DRD -2.36% $2.90
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, 8 December 2017 | E-Mail | Print | Source: GoldSeek.com