Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

GoldSeek Radio: Peter Grandich and Arch Crawford, and Chris Waltzek
By: radio.GoldSeek.com

How Inflation Reduces The Real Value Of Social Security Net Of Medicare Premiums (Part 6)
By: Daniel R. Amerman, CFA

GLD May Not Yet Be Ready To Break Out
By: Avi Gilburt

US-China Trade War Escalates As Further Measures Are Taken
By: GoldCore

Irredeemable Currency De-tooths Savers
By: Keith Weiner

Open the pod door HAL
By: Larry LaBorde

Gold Market Update
By: Clive Maund

Data-Dependent ... on Imaginary Data
By: John Mauldin

What the Markets Have in Common with the Film 'Casablanca'
By: Michael Ballanger

Gold: Another Month, Another Test Of Key Resistance – But This Time With A Difference
By: John Rubino

 
Search

GoldSeek Web

 
Gold Seeker Closing Report: Gold Gains with Stocks and Oil
By: Chris Mullen, Gold Seeker Report

 -- Published: Thursday, 11 January 2018 | Print  | Disqus 

 

Close

Gain/Loss

Gold

$1321.80

+$4.40

Silver

$16.98

UNCH

XAU

87.04

+1.13%

HUI

195.52

+0.64%

GDM

653.12

+0.43%

JSE Gold

1325.12

+12.06

USD

91.90

-0.42

Euro

120.32

+0.75

Yen

90.03

+0.24

Oil

$63.80

+$0.23

10-Year

2.536%

-0.016

T-Bond

150.3125

+0.25

Dow

25574.73

+0.81%

Nasdaq

7211.78

+0.81%

S&P

2767.56

+0.70%

 
http://www.goldseek.com/news/2018/2018-01-11_14-09-24.jpg

 

The Metals:

 

Gold edged down to $1315.70 in Asia, but it then chopped up to as high as $1323.90 in New York and ended with a gain of 0.33%. Silver slid down to $16.884 before it jumped back to $17.03, but it then drifted back lower into the close and ended unchanged on the day.

 

Euro gold fell to about €1099, platinum gained $13 to $982, and copper remained at about $3.22.

 

Gold and silver equities rose roughly 1% in the first 45 minutes of trade and remained near that level for the rest of the day.

 

The Economy:

 

Treasury releases new withholding tables for new tax law  CNBC

U.S. runs December budget deficit of $23 billion, Treasury says  MarketWatch

US producer prices fall for first time in nearly 1-½ years  CNBC

Jobless Claims in U.S. Rise to Three-Month High After Holidays  Bloomberg

 

Tomorrow brings CPI, Retail Sales, and Business Inventories.

 

The Markets:

 

Oil continued higher on signs of tight supplies and steady demand.

 

The U.S. dollar index fell as the euro jumped higher after the ECB signaled a reduction in their stimulus program soon.

 

Treasuries turned higher after today’s $12 billion 30-year bond auction was bought by a record high 71.49% share by indirect bidders.

 

The Dow, Nasdaq, and S&P followed the oil market higher.

 

Among the big names making news in the market today were Ikea, Intel, Delta, Ford, Wal-Mart, and IBM.

 

GATA Posts:

 

 

South Korea plans to ban cryptocurrency trading, rattling markets

 

The Statistics:

As of close of business: 1/10/2018

Gold Warehouse Stocks:

9,207,445.226

+1,701.466

Silver Warehouse Stocks:

246,072,645.461

+476,974.79

 

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

828.956

26,651,766

US$35,257m

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$5,872m

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$6,489m

Australian Stock Exchange (ASX)

Gold Bullion Securities

11.16

358,789

US$475m

Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 2.952 tonnes.

 

COMEX Gold Trust (IAU) Total Tonnes in Trust: 248.34: +0.54 change from yesterday’s data.

 

Silver Trust (SLV) Total Tonnes in Trust: 9,839.55: -38.14 change from yesterday’s data.

 

The Miners:

 

Yamana’s (AUY) fourth quarter and full year production results for 2017, Centerra Gold’s (CG.TO) permit, Golden Star’s (GSS) production results for the fourth quarter and full year ("FY") of 2017 and its guidance for FY 2018, Alamos Gold’s (AGI) fourth quarter and annual 2017 production, B2Gold’s (BTG) gold production and gold revenue for the fourth quarter and full-year 2017, Great Panther’s (GPL) fourth quarter ("Q4") and 2017 production results, and Pan American’s (PAAS)  preliminary operating results for the fourth quarter ("Q4") and full year 2017 were among the big stories in the gold and silver mining industry making headlines today.

 

WINNERS

1.  Coeur

CDE +5.42% $8.36

2.  Hecla

HL +5.40% $4.49

3.  Yamana

AUY +5.03% $3.34

 

LOSERS

1.  Alamos

AGI -6.95% $5.89

2.  Nevsun

NSU -3.95% $2.43

3.  Gold Standard

GSV -2.83% $1.55

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

 

- Would you like to receive the Free Daily Gold Seeker Report in your e-mail? Click here

Additional Resources for today’s Gold Seeker Report can be found:

© Gold Seeker 2018

Note: This article may be reproduced provided the article, in full, is used and mention to Gold-Seeker.com is given.

Disclosure: The owner, editor, writer and publisher and their associates are not responsible for errors or omissions. The author of this report is not a registered financial advisor. Readers should not view this material as offering investment related advice. Gold-Seeker.com has taken precautions to ensure accuracy of information provided. Information collected and presented are from what is perceived as reliable sources, but since the information source(s) are beyond Gold-Seeker.com’s control, no representation or guarantee is made that it is complete or accurate. The reader accepts information on the condition that errors or omissions shall not be made the basis for any claim, demand or cause for action. Past results are not necessarily indicative of future results. Any statements non-factual in nature constitute only current opinions, which are subject to change. Nothing contained herein constitutes a representation by the publisher, nor a solicitation for the purchase or sale of securities & therefore information, nor opinions expressed, shall be construed as a solicitation to buy or sell any stock, futures or options contract mentioned herein. Investors are advised to obtain the advice of a qualified financial & investment advisor before entering any financial transaction.

 


| Digg This Article
 -- Published: Thursday, 11 January 2018 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2017



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.