• Gold: 1,293.87 0.20
  • Silver: 17.28 0.01
  • Euro: 1.178 -0.001
  • USDX: 93.666 0.022
  • Oil: 56.81 1.33

November 13: Gold and Silver Gain With Stocks

Chris Mullen
|
Monday, November 13th

 

Close

Gain/Loss

Gold

$1277.60

+$1.70

Silver

$17.03

+$0.14

XAU

80.42

-0.23%

HUI

186.13

-0.49%

GDM

625.26

-0.29%

JSE Gold

1475.77

+15.66

USD

94.49

+0.11

Euro

116.68

+0.01

Yen

88.13

+0.11

Oil

$56.76

+$0.02

10-Year

2.397%

-0.007

T-Bond

152.40625

+0.09375

Dow

23439.70

+0.07%

Nasdaq

6757.60

+0.10%

S&P

2584.84

+0.10%

 
http://www.goldseek.com/news/2017/2017-11-13_14-03-47.jpg

 

The Metals:

 

Gold gained $3.50 to $1279.40 in London before it dropped back towards unchanged in early New York trade, but it then climbed to a new session high at $1279.70 by late morning and ended with a gain of 0.13%. Silver rose to as high as $17.068 and ended with a gain of 0.83%.

 

Euro gold rose to about €1095, platinum gained $2.50 to $929, and copper climbed 4 cents to about $3.13.

 

Gold and silver equities drifted lower in afternoon trade and ended mostly lower on the day.

 

The Economy:

 

U.S. runs $63 billion budget deficit in October  Reuters

 

Tomorrow brings PPI.

 

The Markets:

 

Oil held near unchanged along with the U.S. dollar index while the Pound dropped “following news reports that several Conservative members of Parliament want Prime Minister Theresa May to resign.”

 

Treasuries saw slight gains on nervousness about this week’s inflation data.

 

The Dow, Nasdaq, and S&P erased opening losses and ended modestly higher on mixed earnings reports.

 

Among the big names making news in the market today were AT&T, Verizon, Home Depot, Qualcomm, and GE.

 

GATA Posts:

 

 

'Nothing is real,' analyst Mannarino tells USAWatchdog's Hunter

 

The Statistics:

As of close of business: 11/10/2017

Gold Warehouse Stocks:

8,697,603.007

-23,598.10

Silver Warehouse Stocks:

230,157,709.739

+200,829.406

 

Global Gold ETF Holdings

[WGC Sponsored ETF’s]

 

 

Product name

Total Tonnes

Total Ounces

Total Value

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

843.092

27,106,237

US$34,635m

London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra)

Gold Bullion Securities

138.13

4,441,056

US$5,680m

London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) AND NYSE Euronext Amsterdam

ETFS Physical Gold

152.66

4,908,200

US$6,275m

Australian Stock Exchange (ASX)

Gold Bullion Securities

11.16

358,789

US$458m

Note: No change in Total Tonnes from yesterday’s data.

 

COMEX Gold Trust (IAU) Total Tonnes in Trust: 237.30: +1.51 change from yesterday’s data.

 

Silver Trust (SLV) Total Tonnes in Trust: 9,893.21: No change from yesterday’s data.

 

The Miners:

 

Banro’s (BAA) corporate update and Freeport’s (FCX) shooting incident were among the big stories in the gold and silver mining industry making headlines today.

 

WINNERS

1.  Northern Dynasty

NAK +7.51% $2.29

2.  Great Panther

GPL +3.42% $1.21

3.  Nevsun

NSU +3.38% $2.45

 

LOSERS

1.  Pretivm

PVG -8.51% $10.43

2.  Alio Gold

ALO -7.04% $3.30

3.  Alexco

AXU -3.94% $1.22

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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Additional Resources for today’s Gold Seeker Report can be found:

© Gold Seeker 2017

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