-- Published: Tuesday, 20 December 2016 | Print | Disqus
| Close | Gain/Loss |
Gold | $1131.50 | -$7.80 |
Silver | $16.05 | +$0.06 |
XAU | 73.81 | +0.39% |
HUI | 166.63 | +0.42% |
GDM | 533.30 | +0.37% |
JSE Gold | 1196.22 | -9.95 |
USD | 103.29 | +0.12 |
Euro | 103.89 | -0.10 |
Yen | 84.89 | -0.48 |
Oil | $53.30 | +$0.24 |
10-Year | 2.568% | +0.026 |
T-Bond | 149.875 | -0.4375 |
Dow | 19974.62 | +0.46% |
Nasdaq | 5483.94 | +0.49% |
S&P | 2270.76 | +0.36% |
The Metals:
Gold fell $12.82 to $1126.48 in late morning New York trade before it jumped back higher heading into the afternoon, but it still ended with a loss of 0.68%. Silver fell to as low as $15.626 at one point, but it then rose to as high as $16.082 in early afternoon trade and ended with a gain of 0.37%.
Euro gold fell to about €1089, platinum gained $2 to $917, and copper climbed to about $2.50.
Gold and silver equities fell almost 3% at the open, but they then rallied back higher for most of the rest of the day and ended with modest gains on the day.
The Economy:
There were no major economic reports today. Tomorrow brings Existing Home Sales.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil ended slightly higher ahead of tomorrow’s supply data.
The U.S. dollar index edged up as the euro dropped on concern about geopolitical events.
Treasuries fell as the Dow, Nasdaq, and S&P continued their march to new record highs.
Among the big names making news in the market today were Uber, Linde, Praxair, Morgan Stanley, Rite Aid, and BlackBerry.
GATA Posts:
Ex-Deutsche Bank trader accused of market manipulation in Russia
The Statistics:
As of close of business: 12/19/2016
Gold Warehouse Stocks: | 9,136,719.681 | -45,869.412 |
Silver Warehouse Stocks: | 182,926,813.366 | +538,454.89 |
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 | 828.098 | 26,624,182 | US$29,964m |
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$5,022m |
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$5,548m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$406m |
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 8.893 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 195.60: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,575.83: No change from yesterday’s data.
The Miners:
Excellon’s (EXN.TO) board appointments, Golden Minerals’ (AUMN) At-the-Market Offering Agreement, and Great Panther’s (GPL) mine acquisition were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Eldorado | EGO +4.59% $2.96 |
2. Freeport | FCX +4.50% $14.16 |
3. AngloGold | AU +2.72% $9.82 |
LOSERS
1. New Gold | NGD -4.06% $3.07 |
2. Gold Standard | GSV -2.58% $1.89 |
3. Hecla | HL -2.56% $5.33 |
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: Tuesday, 20 December 2016 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Bounce Back From Morning Losses To End Mixed
