-- Published: Wednesday, 13 December 2017 | Print | Disqus
Gold fell $4.20 to $1240.20 in London, but it then jumped to as high as $1256.80 in afternoon New York trade and ended with a gain of 0.87%. Silver surged to as high as $16.146 and ended with a gain of 2.03%.
Euro gold rose above €1061, platinum gained $5.50 to $884.50, and copper climbed 4 cents to about $3.04.
Gold and silver equities gained throughout most of the day and ended almost 4% higher on the day.
Fed lifts interest rates but sticks to go-slow approach as Yellen era nears end MarketWatch
Fed lifts interest rates, keeps 2018 policy outlook unchanged Reuters
Fed Raises Rates, Eyes Three 2018 Hikes as Yellen Era Nears End Bloomberg
U.S. Inflation Picks Up on Energy Costs; Core Gauge Slows Bloomberg
Tomorrow brings Initial Jobless Claims, Retail Sales, Import and Export Prices, and Business Inventories.
Oil dropped 1% after the Energy Information Administration reported that crude inventories fell 5.1 million barrels, gasoline inventories rose 5.7 million barrels, and distillates fell 1.4 million barrels.
The U.S. dollar index fell and treasuries rose while the Dow, Nasdaq, and S&P pared early gains and ended mixed after the fed failed to increase its forecast for the number of interest rate hikes next year.
Among the big names making news in the market today were T-Mobile, Target, and Google.
Eric Sprott interviewed by Bullion Star at Australia's Precious Metals Investment Symposium
As of close of business: 12/12/2017
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: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,161.96: No change from yesterday’s data.
1. First Majestic
AG +11.03% $7.35
SVM +10.92% $2.54
3. Endeavour Silver
EXK +10.10% $2.29
PZG -0.80% $1.24
2. New Gold
NGD -0.33% $2.99
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: Wednesday, 13 December 2017 | E-Mail | Print | Source: GoldSeek.com