-- Published: Friday, 23 December 2016 | Print | Disqus
Please Note: There will not be any Gold Seeker reports next week.
| Close | Gain/Loss | On Week |
Gold | $1132.00 | +$3.20 | -0.13% |
Silver | $15.72 | -$0.08 | -2.30% |
XAU | 74.23 | +1.64% | +1.12% |
HUI | 168.96 | +2.30% | +2.20% |
GDM | 539.36 | +1.44% | +1.89% |
JSE Gold | 1213.00 | -15.80 | +2.67% |
USD | 103.03 | -0.05 | +0.16% |
Euro | 104.52 | +0.16 | +0.09% |
Yen | 85.22 | +0.13 | +0.50% |
Oil | $53.02 | +$0.07 | +2.16% |
10-Year | 2.543% | -0.010 | -2.08% |
Bond | 149.00 | +0.1875 | UNCH |
Dow | 19933.81 | +0.07% | +0.46% |
Nasdaq | 5462.69 | +0.28% | +0.47% |
S&P | 2263.79 | +0.13% | +0.25% |
The Metals:
Gold rose to as high as $1135.53 in late morning New York trade before it drifted back lower into the close, but it still ended with a gain of 0.28%. Silver slipped to as low as $15.68 and ended with a loss of 0.51%.
Euro gold rose to about €1083, platinum lost $16 to $891, and copper fell a couple of cents to about $2.48.
Gold and silver equities gained roughly 2% by midday and remained near that level into the close.
The Economy:
Report | For | Reading | Expected | Previous |
Michigan Sentiment | Dec | 98.2 | 98.2 | 98.0 |
New Home Sales | Nov | 592K | 573K | 563K |
All of this week’s other economic reports:
Next week’s economic highlights include the Case-Shiller 20-city Index and Consumer Confidence on Tuesday, Pending Home Sales on Wednesday, Initial Jobless Claims and International Trade in Goods on Thursday, and Chicago PMI on Friday.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil closed slightly higher, the U.S. dollar index ended modestly lower, and treasuries saw small gains as the Dow, Nasdaq, and S&P held near unchanged in quiet pre-holiday trade.
Among the big names making news in the market Friday were ConocoPhillips, Monte Paschi, Bitcoin, Credit Suisse, and Deutsche Bank.
The Statistics:
Activity from: 12/22/2016
Gold Warehouse Stocks: | 9,027,436.160 | +20,897.50 |
Silver Warehouse Stocks: | 183,578,865.167 | +783,281.63 |
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 | 824.541 | 26,509,820 | US$29,975m |
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$5,023m |
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$5,555m |
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: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 195.60: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,581.73: +29.49 change from yesterday’s data.
The Miners:
WINNERS
1. Northern Dynasty | NAK +9.88% $1.89 |
2. Great Panther | GPL +5.92% $1.61 |
3. DRDGOLD | DRD +5.45% $5.22 |
LOSERS
1. Paramount | PZG -2.35% $1.66 |
2. Alexco | AXU -1.61% $1.22 |
3. B2Gold | BTG -0.93% $2.12 |
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, 23 December 2016 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Weekly Wrap-Up: Gold and Silver End Slightly Lower on the Week But Miners Gain
