-- Published: Friday, 18 December 2015 | Print | Disqus
Gold climbed nearly $20 to $1070.62 by a little after 10AM EST before it chopped back lower, but it still ended with a gain of 1.45%. Silver rose to as high as $14.20 and ended with a gain of 2.77%.
Euro gold rose to about €981, platinum gained $18.50 to $857.50, and copper climbed 6 cents to about $2.11.
Gold and silver equities rose about 4% by midday before they drifted back lower in the last couple of hours of trade, but they still ended with about 3% gains.
Fed to raise rates again in March, follow up with fewer hikes: poll Reuters
U.S. House passes bill to fund government, export crude oil Reuters
All of this week’s economic reports:
NAHB Builder Sentiment - December
61 v. 62
Next week’s economic highlights include GDP, the FHFA Housing Price Index, and Existing Home Sales on Tuesday, Durable Goods Orders, Core PCE Prices, Personal Income and Spending, Michigan Sentiment, and New Home Sales on Wednesday, and Initial Jobless Claims on Thursday.
Charts Courtesy of http://finance.yahoo.com/
Oil fell to a new 6-year low on a rising rig count.
The U.S. dollar index dropped as the yen rose after the Bank of Japan surprisingly announced a new round of easing measures.
Treasuries climbed higher as the Dow, Nasdaq, and S&P fell markedly on continued worries about global growth.
Among the big names making news in the market Friday were JPMorgan, Abercrombie, Blackstone, Carnival, Ionis, MBIA, and BlackBerry.
Hugo Salinas Price: Is Bloomberg hiding something?
Activity from: 12/17/2015
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 4.464 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 155.87: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,062.27: No change from yesterday’s data.
Aurcana’s (AUN.V) restructuring transaction and Golden Mineral’s (AUMN) financial and meeting updates were among the big stories in the gold and silver mining industry making headlines Friday.
PPP +9.22% $2.02
EGO +7.04% $3.01
NG +6.78% $4.25
BVN -2.88% $4.02
FSM -0.88% $2.11
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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-- Published: Friday, 18 December 2015 | E-Mail | Print | Source: GoldSeek.com