-- Published: Tuesday, 2 January 2018 | Print | Disqus
Gold gained $11.20 to $1314.40 in midmorning New York trade before it pared back heading into midday, but it then rallied to new highs into the close and ended with a gain of 1.15%. Silver rose to as high as $17.195 and ended with a gain of 1.36%.
Euro gold rose to about €1093, platinum gained $16 to $943, and copper fell a couple of cents to about $3.26.
Gold and silver equities gained roughly 3% by midafternoon and remained near that level for the rest of the day.
Global Manufacturers Strain to Keep Up With Faster Economy Bloomberg
One sure-fire prediction for 2018: Americans will take on even more debt MarketWatch
U.S. Manufacturing PMI Higher Than Expected in December Investing
Tomorrow brings ISM Manufacturing, Construction Spending, and FOMC Minutes.
Oil ended slightly lower in mixed trade on uncertainty about the level of unrest in Iran.
The U.S. dollar index dropped as the euro rose on strong manufacturing data in Germany and France.
Treasuries fell as the Dow, Nasdaq, and S&P climbed higher on analyst upgrades and general optimism about the global economy.
Among the big names making news in the market today were Hyundai Motor, Kia Motors, BP, and Disney.
By itself gold could solve Sudan's economic problems, mining minister says
The criminal underwold is dropping bitcoin for another cryptocurrency
As of close of business: 12/29/2017
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: 243.49: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,972.70: -88.02 change from yesterday’s data.
1. Americas Silver
USAS +12.43% $4.07
SVM +9.54% $2.87
3. Endeavour Silver
EXK +8.79% $2.60
TGB -8.15% $2.14
PZG -1.54% $1.28
BTG -0.97% $3.07
Winners & Losers tracks NYSE 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: Tuesday, 2 January 2018 | E-Mail | Print | Source: GoldSeek.com