-- Published: Thursday, 14 December 2017 | Print | Disqus
| Close | Gain/Loss |
Gold | $1253.00 | -$2.20 |
Silver | $15.90 | -$0.15 |
XAU | 79.68 | -0.26% |
HUI | 180.27 | -0.63% |
GDM | 613.11 | +0.01% |
JSE Gold | 1227.80 | -19.08 |
USD | 93.53 | +0.09 |
Euro | 117.86 | -0.41 |
Yen | 89.08 | +0.19 |
Oil | $57.04 | +$0.44 |
10-Year | 2.351% | +0.006 |
T-Bond | 155.15625 | +0.34375 |
Dow | 24508.66 | -0.31% |
Nasdaq | 6856.53 | -0.28% |
S&P | 2652.01 | -0.41% |
The Metals:
Gold gained $3.90 to $1259.10 in early Asian trade before it fell back to $1250.60 by midmorning in New York, but it then chopped back higher into the close and ended with a loss of just 0.18%. Silver slipped to as low as $15.829 and ended with a loss of 0.93%.
Euro gold rose above €1063, platinum lost $4.50 to $880, and copper climbed a couple of cents to about $3.06.
Gold and silver equities fell over 1% in the first half hour of trade, but they then bounced back higher for most of the rest of the day and ended mixed.
The Economy:
Mortgage rates tick down MarketWatch
U.S. business inventories fall in October as sales rise Reuters
U.S. Import Prices Climb 0.7% In November Nasdaq
U.S. jobless claims fall in latest week Reuters
U.S. Retail Sales Jumped in November in Broad-Based Advance Bloomberg
Tomorrow brings Empire State Manufacturing, Industrial Production, and Treasury International Capital.
The Markets:
Oil ended almost 1% higher in mixed trade on concerns about the pipeline outage in Britain.
The U.S. dollar index traded mostly higher on better than expected economic data.
Treasuries rose as the Dow, Nasdaq, and S&P turned lower in afternoon trade on renewed concerns about the passage of a tax overhaul package.
Among the big names making news in the market today were Spotify, Teva, Nvidia, AMD, Vantiv, Disney-Fox, T-Mobile, Target, and Google.
GATA Posts:
Hope for the day of deliverance but avoid predicting it
The Statistics:
As of close of business: 12/13/2017
Gold Warehouse Stocks: | 9,083,905.974 | +117,838.666 |
Silver Warehouse Stocks: | 239,752,349.505 | -1,209,135.53 |
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 | 844.287 | 27,144,679 | US$33,953m |
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$5,567m |
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$6,151m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$450m |
Note: Change in Total Tonnes from yesterday’s data: SPDR added 1.476 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 242.84: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,194.24: +32.28 change from yesterday’s data.
The Miners:
Alamos Gold’s (AGI) positive feasibility study, Paramount’s (PZG) AGM results, Kinross Gold’s (KGC) expanded operations in Alaska, Sibanye’s (SGL.SJ) plans to buy Lonmin Plc (LON.SJ), Excellon’s (EXN.TO) exploration program, and Coeur’s (CDE) exploration update were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Gold Standard | GSV +7.38% $1.60 |
2. Northern Dynasty | NAK +5.97% $2.13 |
3. Sandstorm | SAND +3.74% $4.72 |
LOSERS
1. Alamos Gold | AGI -3.30% $6.15 |
2. Taseko | TGB -2.91% $2.00 |
3. AngloGold | AU -2.86% $9.16 |
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: Thursday, 14 December 2017 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver End Slightly Lower
