-- Published: Monday, 18 December 2017 | Print | Disqus
| Close | Gain/Loss |
Gold | $1261.30 | +$5.50 |
Silver | $16.12 | +$0.08 |
XAU | 81.68 | +1.81% |
HUI | 182.85 | +1.53% |
GDM | 619.60 | +1.29% |
JSE Gold | 1263.77 | -5.74 |
USD | 93.70 | -0.23 |
Euro | 117.82 | +0.26 |
Yen | 88.93 | +0.08 |
Oil | $57.16 | -$0.14 |
10-Year | 2.394% | +0.044 |
T-Bond | 154.28125 | -1.09375 |
Dow | 24792.20 | +0.57% |
Nasdaq | 6994.76 | +0.84% |
S&P | 2690.16 | +0.54% |
The Metals:
Gold gained $7.90 to $1263.70 in late morning New York trade before it drifted back lower into the close, but it still ended with a gain of 0.44%. Silver rose to as high as $16.166 and ended with a gain of 0.5%.
Euro gold rose above €1070, platinum gained $18 to $908, and copper climbed a penny to about $3.13.
Gold and silver equities gained roughly 1.5% by midmorning and remained near that level for the rest of the day.
The Economy:
Home-builder confidence roars to an 18-year high MarketWatch
Tomorrow brings Housing Starts and the Current Account.
The Markets:
Oil edged lower after a worker strike in Nigeria was suspended.
The U.S. dollar index fell with treasuries while the Dow, Nasdaq, and S&P climbed to new highs on improving prospects for passage of the tax plan.
Among the big names making news in the market today were Delta, Campbell Soup, CME Group, Penn National, Oracle, Amplify Snack Brands, and Twitter.
GATA Posts:
All that Chinese oil traders want for Christmas is a futures contract
Stewart Dougherty: 'Exchange for physicals' erases government trades that rig gold price
Join GATA at the Vancouver Resource Investment Conference Jan. 21-22
Bitcoin explosion highlights gold price suppression, GATA chairman tells Wall Street Raw
Cryptos forecast fate of fiat currencies, Embry tells GoldSeek Radio
Hedge funds are pulling out of gold and seeking thrills elsewhere
The Statistics:
As of close of business: 12/15/2017
Gold Warehouse Stocks: | 9,063,631.253 | +16,975.20 |
Silver Warehouse Stocks: | 239,158,789.415 | -166,727.774 |
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 | 837.201 | 26,916,849 | US$33,925m |
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$5,612m |
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$6,199m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$452m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 7.086 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 243.97: +1.13 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,150.22: No change from yesterday’s data.
The Miners:
Northern Dynasty’s (NAK) framework agreement with First Quantum Minerals (FM.TO) and Great Panther’s (GPL) permits were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Alexco | AXU +9.92% $1.44 |
2. New Gold | NGD +5.08% $3.10 |
3. Tahoe Resources | TAHO +4.77% $4.61 |
LOSERS
1. Northern Dynasty | NAK -11.57% $1.91 |
2. Eldorado | EGO -2.33% $1.26 |
3. Paramount | PZG -1.57% $1.25 |
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, 18 December 2017 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Gain With Stocks
