-- Published: Monday, 12 March 2018 | Print | Disqus
Gold fell $9.10 to $1314.40 at about 8AM EST, but it then rallied back higher throughout most of trade in New York and ended with a gain of 0.015%. Silver slipped to as low as $16.438 and ended with a loss of 0.18%.
Euro gold fell to about €1073, platinum remained at $962, and copper dropped a penny to about $3.12.
Gold and silver equities saw slight losses for most of the morning, but they then climbed higher in afternoon trade and ended with gains of nearly 1%.
U.S. February budget report shows first sign of wider deficits to come MarketWatch
Bond Traders Haven't Been So Leery of U.S. Auctions Since the Crisis Bloomberg
U.S. inflation expectations rise: New York Fed survey Reuters
Commerce secretary to push EU to lower tariffs: Trump Reuters
Tomorrow brings CPI.
Oil fell over 1% on concerns about rising US production after the EIA released a report forecasting more output from some of the bigger shale plays.
The U.S. dollar index drifted lower and treasuries rose on doubts the fed will be aggressive with their stance on interest rate hikes.
The Dow, Nasdaq, and S&P traded mixed on uncertainty about tariffs and inflation.
Among the big names making news in the market today were Broadcom, Dropbox, and Goldman Sachs.
Ralph Benko: Trade deficits are the price of issuing the world reserve currency
Ed Steer: Another very interesting CoT report
Alabama exempts gold and silver bullion and coins from sales tax
As of close of business: 3/09/2018
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: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 265.05: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,893.07: No change from yesterday’s data.
1. Gold Resource
GORO +4.59% $4.56
2. Tahoe Resources
TAHO +2.99% $4.82
ABX +2.62% $12.13
SA -4.13% $10.45
PZG -3.03% $1.28
SBGL -1.90% $4.12
Winners & Losers tracks NYSE listed gold and silver mining stocks that trade over $1.
- 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: Monday, 12 March 2018 | E-Mail | Print | Source: GoldSeek.com