-- Published: Monday, 11 December 2017 | Print | Disqus
| Close | Gain/Loss |
Gold | $1242.80 | -$5.10 |
Silver | $15.72 | -$0.12 |
XAU | 76.99 | +0.07% |
HUI | 175.51 | -0.95% |
GDM | 598.32 | -0.41% |
JSE Gold | 1301.73 | +18.91 |
USD | 93.94 | +0.03 |
Euro | 117.74 | +0.09 |
Yen | 88.11 | -0.05 |
Oil | $57.99 | +$0.63 |
10-Year | 2.386% | +0.009 |
T-Bond | 154.0625 | +0.0625 |
Dow | 24386.03 | +0.23% |
Nasdaq | 6875.08 | +0.51% |
S&P | 2659.99 | +0.32% |
The Metals:
Gold edged up to $1251.50 in London, but it then fell back off for most of trade in New York and ended near its late session low of $1240.90 with a loss of 0.41%. Silver slipped to as low as $15.689 and ended with a loss of 0.76%.
Euro gold fell to about €1056, platinum gained $2 to $887, and copper climbed 3 cents to about $2.99.
Gold and silver equities saw slight gains at the open before they fell to see roughly 1% losses by midafternoon, but they then edged back higher into the close and ended mixed on the day.
The Economy:
U.S. Job Openings Cooled in October After Climbing to a Record Bloomberg
Powell faces early test of policy view as tax cuts near approval Reuters
Investors Told to Brace for Steepest Rate Hikes Since 2006 Bloomberg
Tomorrow brings PPI and the Treasury Budget.
The Markets:
Oil gained over 1% after it was announced that a key North Sea pipeline was forced to shutdown for repairs for about two weeks.
The U.S. dollar index held near unchanged and treasuries edged higher along with the Dow, Nasdaq, and S&P as traders wait for the outcome of this week’s fed meeting.
Among the big names making news in the market today were AmEx, Ford, Monsanto, Bluebird Bio, and Amazon.
GATA Posts:
Harvey Organ: Why such shorting of Comex gold and silver if there's none for delivery?
How much has U.S. or Russia already paid for the bitcoins Bulgaria confiscated?
Bitcoin billionaire Winklevoss sees the cryptocurrency replacing gold
Bitcoin mania could boost efforts to dethrone dollar, analyst says
Russia-China real gold standard means end of U.S. dollar dominance
Bitcoin's success will liberate gold from price suppression, Keiser says
The Statistics:
As of close of business: 12/8/2017
Gold Warehouse Stocks: | 8,982,142.308 | +5,588.498 |
Silver Warehouse Stocks: | 239,902,809.445 | -1,000.00 |
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 | 842.811 | 27,097,213 | US$33,790m |
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$5,540m |
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$6,118m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$446m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 242.12: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,088.59: +46.96 change from yesterday’s data.
The Miners:
WINNERS
1. Eldorado | EGO +6.90% $1.24 |
2. Fortuna | FSM +6.10% $4.52 |
3. NovaGold | NG +4.94% $3.61 |
LOSERS
1. New Gold | NGD -4.19% $2.97 |
2. Alexco | AXU -3.82% $1.26 |
3. Americas Silver | USAS -3.23% $3.30 |
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, 11 December 2017 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Fall While Stocks Edge Higher
