Gold edged up to $1259.85 by a little after 9AM EST before it dropped back to $1249.05 in the next few hours of trade, but it then bounced back higher into the close and ended with a loss of just 0.16%. Silver climbed to $16.647 before it fell back to $16.418, but it then rallied back higher into the close and ended with a gain of 0.18%.
Euro gold fell to about €1117, platinum gained $9.50 to $1019, and copper remained at about $2.06.
Gold and silver equities waffled near unchanged and ended with slight gains.
Existing Home Sales
All of this week’s other economic reports:
Leading Indicators - April
Philadelphia Fed - May
Initial Claims - 5/14
Industrial Production - April
Capacity Utilization - April
Housing Starts - April
Building Permits - April
CPI - April
Core CPI - April
Net Long-Term TIC Flows - March
NAHB Housing Market Index - May
Empire Manufacturing - May
Next week’s economic highlights include New Home Sales on Tuesday, the FHFA Housing Price Index on Wednesday, Initial Jobless Claims, Durable Goods Orders, and Pending Home Sales on Thursday, and GDP and Michigan Sentiment on Friday.
Charts Courtesy of http://finance.yahoo.com/
The U.S. dollar index held near unchanged along with treasuries while the Dow, Nasdaq, and S&P bounced back from yesterday’s losses.
Among the big names making news in the market Friday were Deere, Tesla, and AB Inbev/SABMiller.
Activity from: 5/19/2016
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 4.457 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 199.43: +0.45 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,421.95: No change from yesterday’s data.
1. Endeavour Silver
EXK +5.06% $3.53
DRD +4.21% $5.45
3. MAG Silver
MVG +4.10% $13.72
PZG -4.38% $1.53
TRQ -2.12% $2.77
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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