-- Published: Thursday, 17 May 2018 | Print | Disqus
Gold saw slight gains in Asia before it dropped back to $1285.40 in London and then rebounded in New York, but it ended with a gain of just 0.05%. Silver chopped between $16.325 and $16.489 and ended with a gain of 0.43%.
Euro gold rose above €1094, platinum gained $2 to $888, and copper climbed a penny to about $3.08.
Gold and silver equities drifted lower and ended with modest losses.
Leading indicators up for sixth straight month CNBC
U.S., China launch trade talks to avert tariff war, economic damage Reuters
Philly Fed manufacturing index rises to better-than-expected 34.4 in May MarketWatch
U.S. weekly jobless claims rise; unemployment rolls smallest in 45 years Reuters
There are no major economic reports due out tomorrow.
Oil erased early gains and ended unchanged on easing concerns about Iran.
The U.S. dollar index found slight gains and treasuries fell on steady economic data that sent interest rates higher and the Dow, Nasdaq, and S&P slightly lower.
Among the big names making news in the market today were AIG, Wells Fargo, Cisco, Walmart, and J.C. Penney.
Italy's insurgent parties want debt forgiveness and exit from EU
Who cares about 'peak gold' until there's 'peak paper'?
As currency crisis worsens, Iranians invest in gold
As of close of business: 5/16/2018
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: 291.09: -0.99 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,998.98: +58.57 change from yesterday’s data.
SEMAFO’s (SMF.TO) commissioning and Centerra Gold’s (CG.TO) $200 million sale were among the big stories in the gold and silver mining industry making headlines today.
1. Gold Resource
GORO +3.17% $5.85
CDE +2.61% $8.26
MUX +2.42% $2.12
1. Gold Standard
GSV -2.58% $1.51
AU -2.46% $8.31
3. Tahoe Resources
TAHO -2.06% $4.75
Winners & Losers tracks NYSE listed gold and silver mining stocks that trade over $1.
- Chris Mullen, Gold Seeker Report
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-- Published: Thursday, 17 May 2018 | E-Mail | Print | Source: GoldSeek.com