-- Published: Monday, 19 December 2016 | Print | Disqus
| Close | Gain/Loss |
Gold | $1139.30 | +$5.80 |
Silver | $15.99 | -$0.10 |
XAU | 73.53 | +0.16% |
HUI | 165.93 | +0.37% |
GDM | 531.21 | +0.40% |
JSE Gold | 1206.17 | +24.72 |
USD | 103.17 | +0.30 |
Euro | 103.98 | -0.53 |
Yen | 85.39 | +0.60 |
Oil | $53.06 | +$0.11 |
10-Year | 2.542% | -0.055 |
T-Bond | 150.3125 | +1.28125 |
Dow | 19883.06 | +0.20% |
Nasdaq | 5457.44 | +0.37% |
S&P | 2262.53 | +0.20% |
The Metals:
Gold gained $8.80 to $1142.30 in Asia before it pared back to $1137.06 in London, but it then chopped back higher in New York and ended with a gain of 0.51%. Silver climbed up to $16.208 in Asia, but it then fell to as low as $15.906 in New York and ended with a loss of 0.62%.
Euro gold rose to about €1095, platinum lost $8 to $915, and copper fell 6 cents to about $2.49.
Gold and silver equities traded mostly slightly higher and ended with modest gains.
The Economy:
Yellen tells college grads: Best job market in nearly a decade MarketWatch
There were no major economic reports today and there are none due out tomorrow.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil edged higher on geopolitical concerns that sent the U.S. dollar index and treasuries higher.
The Dow, Nasdaq, and S&P added onto recent gains.
Among the big names making news in the market today were Nintendo, Lennar, Aramco, Barclays, and Apple.
GATA Posts:
IMF head Christine Lagarde convicted in French negligence trial
Digital currency sales take off, but with no regulation, questions abound
Archive of gold and silver market rigging reports added to annotated gold chart
A Christmas present from Hugo Salinas Price
Turks seek gold more than liras in response to Erdogan's call
Doug Pollitt: 'Tinfoil hat crowd' was right, and gold mining executives are saps
The Statistics:
As of close of business: 12/16/2016
Gold Warehouse Stocks: | 9,182,589.093 | -32,643.34 |
Silver Warehouse Stocks: | 182,388,358.476 | +289,011.32 |
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 | 836.991 | 26,910,093 | US$30,570m |
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$5,067m |
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$5,600m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$409m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 35.73 | 1,148,868 | US$1,391m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 5.336 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 195.60: -0.75 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,575.83: +41.29 change from yesterday’s data.
The Miners:
Richmont’s (RIC) permit amendments and Osisko’s (OSK.TO) drill program were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Northern Dynasty | NAK +10.06% $1.75 |
2. DRDGOLD | DRD +6.38% $4.67 |
3. Gold Resource | GORO +5.26% $4.00 |
LOSERS
1. Alexco | AXU -10.53% $1.19 |
2. Yamana | AUY -3.41% $2.55 |
3. Gold Standard | GSV -3.24% $1.94 |
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: Monday, 19 December 2016 | E-Mail | Print | Source: GoldSeek.com