-- Published: Tuesday, 13 March 2018 | Print | Disqus
| Close | Gain/Loss |
Gold | $1325.80 | +$2.10 |
Silver | $16.57 | +$0.02 |
XAU | 79.70 | +0.04% |
HUI | 174.25 | -0.09% |
GDM | 606.84 | -0.03% |
JSE Gold | 1090.13 | -15.81 |
USD | 89.74 | -0.14 |
Euro | 123.90 | +0.48 |
Yen | 93.88 | -0.18 |
Oil | $60.71 | -$0.65 |
10-Year | 2.847% | -0.020 |
T-Bond | 145.15625 | +0.40625 |
Dow | 25007.03 | -0.68% |
Nasdaq | 7511.01 | -1.02% |
S&P | 2765.31 | -0.64% |
The Metals:
Gold fell $6.60 to $1317.10 in Asia before it jumped up to $1327.50 in early New York trade and then dropped back down to $1318.70 by a little after 10AM EST, but it then climbed to a new session high of $1328.30 in early afternoon trade and ended with a gain of 0.16%. Silver rose to as high as $16.652 and ended with a gain of 0.12%.
Euro gold fell to about €1070, platinum gained $0.50 to $962.50, and copper climbed a penny to about $3.13.
Gold and silver equities waffled near unchanged and ended mixed.
The Economy:
Trump ousts Tillerson, will replace him as secretary of state with CIA chief Pompeo The Washington Post
U.S. consumer prices slow in February; rents moderate Reuters
Consumer inflation less threatening in February, CPI shows MarketWatch
U.S. Inflation Firmed in February Without Outsize Acceleration Bloomberg
Tomorrow brings PPI, Retail Sales, and Business Inventories.
The Markets:
Oil fell over 1% more on continued concerns about rising US production.
The U.S. dollar index dropped and treasuries rose on political uncertainty that sent the Dow, Nasdaq, and S&P roughly 1% lower.
Among the big names making news in the market today were Dick’s, Greencore, GE, Broadcom, Boeing, Apple, and Amazon.
GATA Posts:
Hungary's central bank to repatriate its 3 tonnes of gold from London
The Statistics:
As of close of business: 3/12/2018
Gold Warehouse Stocks: | 9,124,611.485 | - |
Silver Warehouse Stocks: | 253,313,391.542 | +1,203,359.028 |
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 | 833.730 | 26,805,241 | US$35,452m |
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$5,893m |
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$6,507m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$476m |
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: 9,922.39: +29.32 change from yesterday’s data.
The Miners:
Turquoise Hill’s (TRQ) information request from the Mongolian Anti-Corruption Authority and Paramount’s (PZG) approvals from Oregon were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Paramount | PZG +3.91% $1.33 |
2. Taseko | TGB +3.65% $1.42 |
3. Alamos | AGI +3.04% $5.08 |
LOSERS
1. Pretivm | PVG -2.96% $6.89 |
2. Buenaventura | BVN -2.84% $15.08 |
3. Eldorado | EGO -2.70% $1.08 |
Winners & Losers tracks NYSE listed gold and silver mining stocks that trade over $1.
- Chris Mullen, Gold Seeker Report
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-- Published: Tuesday, 13 March 2018 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Gain But Miners Struggle With Stocks
