-- Published: Tuesday, 27 February 2018 | Print | Disqus
Gold edged up to $1334.70 in Asia, but it then fell all of the way back to $1313.50 in early afternoon New York trade and ended with a loss of 1.095%. Silver slipped to as low as $16.331 and ended with a loss of 1.26%.
Euro gold fell to about €1078, platinum lost $17 to $980, and copper fell 5 cents to about $3.15.
Gold and silver equities lost over 2% by midmorning and remained near that level for the rest of the day.
Fed's Powell nods to 'gradual' rate hikes, close eye on inflation Reuters
Powell Sees Gradual Rate Hikes Amid Strong U.S. Growth Outlook Bloomberg
U.S. Consumer Confidence Is at 17-Year High Bloomberg
US advanced goods trade balance -74.4B vs -72.3B expected forexlive
US FHFA Dec house price index 0.3% vs 0.4% prev forexlive
Home prices accelerated in December, Case-Shiller shows MarketWatch
Orders for U.S. Business Equipment Unexpectedly Fell in January Bloomberg
Tomorrow brings GDP, Chicago PMI, and Pending Home Sales.
Oil dropped over 1% as the U.S. dollar index rose and treasuries fell along with the Dow, Nasdaq, and S&P on Powell’s commitment to a gradual approach towards raising interest rates.
Among the big names making news in the market today were Disney, Google, GE, JPMorgan, Macy’s, and Comcast.
Scotiabank won't sell metals business after all
Hong Kong exchange wants gold trading corridor along 'Belt and Road'
Silver deeply in backwardation and on verge of breakout, Turk tells KWN
As of close of business: 2/26/2018
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 added 1.77 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 266.00: +0.89 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,847.08: No change from yesterday’s data.
ASM +2.36% $1.30
TRQ +1.74% $2.92
TGB -12.1% $1.38
PZG -5.88% $1.28
3. Gold Resource
Winners & Losers tracks NYSE 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
- Would you like to receive the Free Daily Gold Seeker Report in your e-mail? Click here
Additional Resources for today’s Gold Seeker Report can be found:
© Gold Seeker 2018
Note: This article may be reproduced provided the article, in full, is used and mention to Gold-Seeker.com is given.
Disclosure: The owner, editor, writer and publisher and their associates are not responsible for errors or omissions. The author of this report is not a registered financial advisor. Readers should not view this material as offering investment related advice. Gold-Seeker.com has taken precautions to ensure accuracy of information provided. Information collected and presented are from what is perceived as reliable sources, but since the information source(s) are beyond Gold-Seeker.com’s control, no representation or guarantee is made that it is complete or accurate. The reader accepts information on the condition that errors or omissions shall not be made the basis for any claim, demand or cause for action. Past results are not necessarily indicative of future results. Any statements non-factual in nature constitute only current opinions, which are subject to change. Nothing contained herein constitutes a representation by the publisher, nor a solicitation for the purchase or sale of securities & therefore information, nor opinions expressed, shall be construed as a solicitation to buy or sell any stock, futures or options contract mentioned herein. Investors are advised to obtain the advice of a qualified financial & investment advisor before entering any financial transaction.
| Digg This Article
-- Published: Tuesday, 27 February 2018 | E-Mail | Print | Source: GoldSeek.com