March 13: Gold and Silver End Near Unchanged As Markets Await Fed
Gold gained $6.60 to $1211.00 in Asia before it dropped back to $1202.50 in midmorning New York trade, but it then chopped back higher at times and ended with a gain of 0.02%. Silver rose to as high as $17.143 before it dropped back to $16.951 and then also bounced back higher, but it still ended with a loss of 0.41%.
Euro gold rose to about €1131, platinum remained at $938, and copper climbed 3 cents to about $2.63.
Gold and silver equities rose roughly 1% in the first half hour of trade and remained near that level for the rest of the day.
Tomorrow brings PPI.
Charts Courtesy of http://finance.yahoo.com/
The U.S. dollar index, treasuries, and the Dow, Nasdaq, and S&P all held near unchanged as traders await economic data and fed announcements later in the week.
Among the big names making news in the market today were Turkish Airlines, Toshiba, Intel and Mobileye, and Boeing.
As of close of business: 3/10/2017
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: Change in Total Tonnes from yesterday’s data: SPDR subtracted 8.885 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 196.92: -0.30 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,268.39: No change from yesterday’s data.
Gold Fields’ (GFI) drop in first quarter production and Hecla’s (HL) labor strike were among the big stories in the gold and silver mining industry making headlines today.
TGB +11.02% $1.31
XRA +9.08% $1.19
MUX +7.19% $3.28
1. New Gold
NGD -4.14% $2.78
2. First Majestic
AG -2.17% $7.67
IAG -1.64% $3.60
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
- 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 2017
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.