March 22: Gold and Silver Gain Again
Gold gained $4.40 to $1249.00 in Asia before it fell back to unchanged at $1244.60 in London, but it then jumped to as high as $1251.30 in New York and ended with a gain of 0.26%. Silver rose to as high as $17.586 and ended with a gain of 0.06%.
Euro gold rose to about €1156, platinum lost $7 to $959, and copper climbed a couple of cents to about $2.64.
Gold and silver equities traded mostly slightly higher and ended with modest gains.
FHFA Housing Price Index
Existing Home Sales
Tomorrow brings Initial Jobless Claims and New Home Sales.
Charts Courtesy of http://finance.yahoo.com/
Oil remained lower after the Energy Information Administration reported that crude inventories rose 5.0 million barrels, gasoline inventories fell 2.8 million barrels, and distillates fell 1.9 million barrels.
The U.S. dollar index held near unchanged and treasuries rose again while the Dow, Nasdaq, and S&P traded mixed on uncertainty ahead of tomorrow’s health-care bill vote by Congress.
Among the big names making news in the market today were GE, Amazon, and Sears.
As of close of business: 3/21/2017
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 added 1.145 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: No change from yesterday’s data.
Osisko’s (OSK.TO) drill results, Silver Bull’s (SVBL) exploration results, and Fortuna’s (FSM) optimization work were among the big stories in the gold and silver mining industry making headlines today.
1. Silver Wheaton
SLW +7.43% $21.41
2. Gold Standard
GSV +4.23% $2.71
PZG +3.11% $1.66
1. Endeavour Silver
EXK -4.28% $3.13
2. Great Panther
GPL -3.49% $1.66
3. Gold Resource
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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