April 3: Gold and Silver Gain While Stocks Fall
Gold fell $2.60 to $1244.70 in London, but it then climbed to as high as $1253.60 in New York and ended with a gain of 0.47%. Silver rose to as high as $18.258 and ended with a gain of 0.05%.
Euro gold rose to about €1074, platinum gained $5.50 to $952.50, and copper fell 5 cents to about $2.62.
Gold and silver equities rose throughout most of trade and ended roughly 2% higher on the day.
Tomorrow brings Factory Orders and the Trade Balance.
Charts Courtesy of http://finance.yahoo.com/
Oil fell almost 1% after Libya resumed production over the weekend.
The U.S. dollar index saw slight gains on the outlook for steady economic data this week.
Treasuries saw notable gains on tepid economic data and disappointing auto sales that sent the Dow, Nasdaq, and S&P lower.
Among the big names making news in the market today were Ford, Chrysler, Imagination Tech, DryShips, AMC, Netflix, and Tesla.
As of close of business: 3/31/2017
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
Johannesburg Securities Exchange (JSE)
New Gold Debentures
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 199.85: +0.89 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,274.29: -17.68 change from yesterday’s data.
Banro’s (BAA) 2016 results, Sandstorm’s (SAND) first quarter production, Golden Star’s (GSS) project update, Royal Gold’s (RGLD) third quarter sales, and Endeavour Silver’s (EXK) updated NI43-101 Mineral Resource and Reserve Estimates and Pre-Feasibility Study were among the big stories in the gold and silver mining industry making headlines today.
HMY +6.94% $2.62
2. Endeavour Silver
EXK +5.97% $3.37
AU +5.66% $11.38
AAU -4.24% $1.13
2. Gold Standard
GSV -3.24% $2.09
3. Gold Resource
GORO -1.99% $4.43
Winners & Losers tracks NYSE and AMEX 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
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