-- Published: Friday, 29 December 2017 | Print | Disqus
Please Note: US markets are closed on Monday for New Year's Day.
Gold gained $13 to $1307.50 in early afternoon New York trade before it drifted back lower into the close, but it still ended with a gain of 0.67%. Silver rose to as high as $17.097 and ended with a gain of 0.65%.
Euro gold rose to about €1086, platinum gained $2 to $927, and copper closed at about $3.28.
Gold and silver equities waffled near unchanged and ended mixed.
Commodities End 2017 With a Bang in Longest Rally on Record Bloomberg
U.S. Upper Midwest factory sector grows fastest in three years Reuters
Trouble ahead? What 4 recession indicators say about the economy MarketWatch
Next week’s economic highlights include S&P Corelogic Case-Shiller HPI on Tuesday, Consumer Confidence and Pending Home Sales on Wednesday, and Initial Jobless Claims, International Trade in Goods, and Chicago PMI on Thursday.
Oil gained 1% after Baker Hughes reported a drop of two gas rig counts down to 182 in the US while oil rigs held steady at 747.
The U.S. dollar index fell and treasuries rose as the Dow, Nasdaq, and S&P drifted lower in quiet yearend trade.
Among the big names making news in the market Friday were SoftBank, Uber, Airbus, Boeing, Apple, Goldman, Alibaba, Amazon, and Facebook.
The monetary metals mining industry won't help, so we need yours by Sunday
Michael Ballanger: CME's 'fiat police' arrive right on schedule
On GoldSeek Radio, GATA chairman says monetary metals are most undervalued
Citigroup fined for telling clients to buy when it meant sell
Bitcoin tumbles over exchange-closure fears
Activity from: 12/28/2017
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
COMEX Gold Trust (IAU) Total Tonnes in Trust: 243.49.
Silver Trust (SLV) Total Tonnes in Trust: 10,060.72.
MAG Silver’s (MAG) preliminary short form base shelf prospectus and Alexco’s (AXU) amendment to its Water Use License were among the big stories in the gold and silver mining industry making headlines Friday.
AXU +3.25% $1.59
BTG +2.99% $3.10
MUX +2.70% $2.28
ASM -5.63% $1.34
2. Americas Silver
USAS -4.49% $3.62
3. Great Panther
GPL -3.01% $1.29
Winners & Losers tracks NYSE and AMEX listed gold and silver mining stocks that trade over $1.
- Chris Mullen, Gold Seeker Report
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-- Published: Friday, 29 December 2017 | E-Mail | Print | Source: GoldSeek.com