-- Published: Wednesday, 20 December 2017 | Print | Disqus
Gold gained $4.10 to $1266.30 in London before it fell back to $1262.00 in midmorning New York trade, but it then jumped to a new session high of $1267.80 by early afternoon and ended with a gain of 0.25%. Silver rose to as high as $16.246 and ended with a gain of 0.31%.
Euro gold fell to about €1065, platinum gained $5 to $917, and copper climbed 4 cents to about $3.17.
Gold and silver equities rose nearly 2% by early afternoon and remained near that level into the close.
U.S. House approves sweeping tax bill in a win for Trump Reuters
U.S. Sales of Existing Homes Climb to an Almost 11-Year High Bloomberg
U.S. regulator says bitcoin currently not a threat to banking system Reuters
U.S. mortgage activity falls to 10-month low - MBA Reuters
Tomorrow brings Initial Jobless Claims, GDP, the Philadelphia Fed, the FHFA House Price Index, and Leading Indicators.
Oil remained higher after the Energy Information Administration reported that crude inventories fell 6.5 million barrels, gasoline inventories rose 1.2 million barrels, and distillates rose 769,000 barrels.
The U.S. dollar index drifted lower and treasuries fell while the Dow, Nasdaq, and S&P held near unchanged after Congress approved a tax overhaul package and sent it to President Trump’s desk for signature.
Among the big names making news in the market today were Subaru, Philip Morris, Stitch Fix, Nike, Uber, Spark Therapeutics, Bitcoin, and Micron.
Litecoin founder says he has sold all his holdings in the cryptocurrency
Keith Barron struck it rich in Ecuador and now is looking for the lost cities of gold
Pakistan examines Chinese proposal to replace dollar with yuan
South Korean bitcoin exchange Youbit closes after second hack attack
As of close of business: 12/19/2017
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: Change in Total Tonnes from yesterday’s data: SPDR subtracted 1.181 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 244.30: +0.33 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,150.22: No change from yesterday’s data.
Almaden’s (AAU) assay results, SEMAFO’s (SMF.TO) construction update, and Great Panther’s (GPL) updated Mineral Resource Estimate were among the big stories in the gold and silver mining industry making headlines today.
1. Alio Gold
ALO +14.14% $3.47
2. Great Panther
GPL +8.26% $1.31
3. Gold Standard
GSV +4.88% $1.72
1. Northern Dynasty
NAK +4.44% $1.72
ASM -1.49% $1.32
CDE -0.67% $7.46
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, 20 December 2017 | E-Mail | Print | Source: GoldSeek.com