-- Published: Thursday, 4 January 2018 | Print | Disqus
| Close | Gain/Loss |
Gold | $1321.90 | +$7.00 |
Silver | $17.20 | +$0.06 |
XAU | 87.79 | +0.81% |
HUI | 198.76 | +0.72% |
GDM | 663.40 | +0.37% |
JSE Gold | 1305.19 | -33.54 |
USD | 91.87 | -0.31 |
Euro | 120.68 | +0.56 |
Yen | 88.70 | -0.27 |
Oil | $62.01 | +$0.38 |
10-Year | 2.452% | +0.012 |
T-Bond | 152.34375 | +0.03125 |
Dow | 25075.13 | +0.61% |
Nasdaq | 7077.92 | +0.18% |
S&P | 2723.99 | +0.40% |
The Metals:
Gold fell $9 to $1305.90 in Asia, but it then climbed to as high as $1325.80 in New York and ended with a gain of 0.53%. Silver rose to as high as $17.271 and ended with a gain of 0.35%.
Euro gold rose to about €1096, platinum gained $9.50 to $962, and copper climbed a penny to about $3.25.
Gold and silver equities waffled near unchanged and ended slightly higher.
The Economy:
Mortgage rates drop in opening week of 2018 MarketWatch
US final Markit services PMI 53.7 vs 52.5 expected forexlive
U.S. jobless claims rise, data for several states estimated Reuters
Companies in U.S. Added 250,000 Jobs in December, ADP Data Show Bloomberg
Tomorrow brings December’s jobs data, International Trade, Factory Orders, and ISM non-manufacturing.
The Markets:
Oil continued higher on concerns about Iran.
The U.S. dollar index fell and treasuries traded mixed as the Dow, Nasdaq, and S&P climbed to new highs on optimism about the global economy.
Among the big names making news in the market today were JPMorgan, Goldman Sachs, Walgreens, Monsanto, Intel, and Tesla.
GATA Posts:
Turkish central bank's gold holdings hit record as dollar holdings fall
Pakistan ditches dollar for trade with China hours after Trump's denunciation
Iran's central bank admits intervening to rig gold price
Does ANY country's currency exchange rate 'reflect the truth' when gold is rigged?
The Statistics:
As of close of business: 1/3/2018
Gold Warehouse Stocks: | 9,234,329.256 | +43,404.00 |
Silver Warehouse Stocks: | 245,527,492.257 | +223,700.70 |
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 | 836.315 | 26,888,376 | US$35,343m |
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$5,857m |
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$6,475m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$475m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 243.92: +0.43 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,968.64: -4.06 change from yesterday’s data.
The Miners:
Buenaventura’s (BVN) board election and Sandstorm’s (SAND) 2017 production results and asset updates were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Taseko | TGB +7.77% $2.08 |
2. Sandstorm | SAND +5.81% $5.28 |
3. Great Panther | GPL +3.88% $1.34 |
LOSERS
1. Alexco | AXU -4.29% $1.56 |
2. DRDGOLD | DRD -3.31% $3.21 |
3. Gold Fields | GFI -2.05% $4.30 |
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: Thursday, 4 January 2018 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Gain With Stocks
