March 21: Gold and Silver Gain While Stocks Drop Over 1%
Gold fell $7.80 to $1226.80 in Asia, but it then jumped to as high as $1247.60 in New York and ended with a gain of 0.81%. Silver surged to as high as $17.592 and ended with a gain of 0.57%.
Euro gold rose to about €1151, platinum lost $2 to $966, and copper fell 5 cents to about $2.62.
Gold and silver equities rose over 1% at the open before they drifted back lower into midday, but they then climbed back higher in afternoon trade and ended with almost 2% gains.
Current Account Balance
Tomorrow brings the FHFA Housing Price Index and Existing Home Sales.
Charts Courtesy of http://finance.yahoo.com/
Oil fell nearly 2% ahead of tomorrow’s supply data.
Treasuries saw notable gains as the Dow, Nasdaq, and S&P dropped over 1% on concerns over whether or not President Trump can push his policies through Congress.
Among the big names making news in the market today were Deutsche Bank, Apple, Google, Marriott, General Mills, Twitter, and Goldman Sachs.
As of close of business: 3/20/2017
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 3.849 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 197.82: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,342.04: +38.30 change from yesterday’s data.
Freeport’s (FCX) resumed production of copper concentrate at its Grasberg mine, Barrick Gold’s (ABX) arbitration claims, and Jaguar’s (JAG.TO) 2016 results were among the big stories in the gold and silver mining industry making headlines today.
AAU +9.71% $1.13
AXU +6.37% $1.67
SA +4.78% $12.05
1. Northern Dynasty
NAK -9.55% $1.42
TGB -5.26% $1.26
PZG -4.73% $1.61
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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