-- Published: Tuesday, 12 December 2017 | Print | Disqus
Gold edged up to $1246.20 in Asia before it fell back to $1236.50 in late morning New York trade, but it then bounced back higher in afternoon trade and ended with a gain of 0.13%. Silver rose to as high as $15.815 and ended with a gain of 0.06%.
Euro gold rose above €1059, platinum lost $8 to $879, and copper climbed a penny to about $3.00.
Gold and silver equities traded mostly slightly lower and ended with modest losses.
U.S. government posts $139 billion deficit in November Reuters
Small-business sentiment in November powers to the second-highest reading on record MarketWatch
U.S. producer prices rise strongly, point to firming inflation Reuters
Tomorrow brings CPI and a FOMC Announcement.
Oil erased early gains and ended 1.5% lower on waning fears over the impact of yesterday’s needed pipeline repair.
The U.S. dollar index rose and treasuries fell while the Dow, Nasdaq, and S&P waffled near unchanged ahead of tomorrow’s expected rate hike.
Among the big names making news in the market today were Bitcoin, Glencore, 3M, Apple, Comcast, Fox, Disney, and PepsiCo.
Bitcoin surge prompts bid to remove Mt Gox from bankruptcy
As of close of business: 12/11/2017
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
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 242.84: +0.72 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,117.94: +29.35 change from yesterday’s data.
Newmont’s (NEM) CEO induction into the American Mining Hall of Fame, Nevsun’s (NSU) dividend, and Gold Fields’ (GFI) hiring of a contractor to operate its biggest mine in Ghana were among the big stories in the gold and silver mining industry making headlines today.
FCX +4.59% $15.71
2. Gold Standard
GSV +2.86% $1.44
BVN +1.48% $13.00
PZG -3.10% $1.25
2. Americas Silver
NG -2.77% $3.51
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, 12 December 2017 | E-Mail | Print | Source: GoldSeek.com