-- Published: Tuesday, 16 January 2018 | Print | Disqus
Gold saw modest gains in holiday thinned trade yesterday before it fell back to $1331.80 in London today, but it then jumped back higher in afternoon New York trade and ended with a gain of 0.1%. Silver slipped to as low as $16.791 and ended with a loss of just 0.17%.
Euro gold fell to about €1092, platinum gained $5 to $997, and copper remained at about $3.21.
Gold and silver equities waffled near unchanged for most of the morning, but then they climbed steadily higher in the last few hours of trade and ended almost 2% higher on the day.
U.S. Consumers See Higher Wage Growth, Inflation in Fed Survey Bloomberg
US January Empire Fed manufacturing index 17.7 vs 19.0 expected forexlive
Empire State factory gauge declines for third straight month in January MarketWatch
‘Explosion’ in U.S. Bond Supply Endangers Global Market Rally Bloomberg
Tomorrow brings Industrial Production, the Housing Market Index, and the fed’s Beige Book.
Oil fell almost 1% ahead of this week’s supply data.
The U.S. dollar index ended with a notable loss and treasuries rose as the Dow, Nasdaq, and S&P completely erased sizeable gains sees this morning and ended lower on concerns about ongoing Congressional talks to avert a government shutdown Friday.
Among the big names making news in the market today were Goldman Sachs, Citigroup, GE, GM, Hugo Boss, BP, Qualcomm, and Merck.
China escalates crackdown on cryptocurrency trading
Nine banks accused of rigging key Canada lending rate
Comex's 'exchange for physicals' mystify gold market, Sprott says
Bundesbank will add China's yuan to currency reserves
With real rates staying negative, this may be gold's year, Turk tells KWN
Brandon White: Gold is getting top bank asset status in Canada
Big crypto exchange goes dark and users are getting nervous
Treasury's Mnuchin says there's no need for a digital dollar
As of close of business: 1/12/2018
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: 249.03: +0.69 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,839.55: No change from yesterday’s data.
Goldcorp’s (GG) preliminary gold production for the fourth quarter and full year 2017, First Majestic’s (AG) fourth quarter and full year 2017 production results, and Avino’s (ASM) fourth quarter 2017 and full year 2017 production results were among the big stories in the gold and silver mining industry making headlines today.
1. First Majestic
AG +8.25% $7.35
2. Gold Resource
GORO +7.30% $5.00
GG +7.25% $15.39
1. Tahoe Resources
TAHO -5.48% $4.66
TGB +4.90% $1.94
HMY -3.28% $1.77
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: Tuesday, 16 January 2018 | E-Mail | Print | Source: GoldSeek.com