Gold Seeker Closing Report: Gold and Silver Gain With Stocks
By: Chris Mullen, Gold Seeker Report
-- Published: Monday, 26 February 2018 | Print | Disqus
Close
Gain/Loss
Gold
$1333.20
+$3.90
Silver
$16.63
+$0.11
XAU
81.27
+0.92%
HUI
178.10
+0.79%
GDM
620.15
+0.70%
JSE Gold
1104.42
+14.83
USD
89.85
-0.07
Euro
123.20
+0.21
Yen
93.64
-0.13
Oil
$63.91
+$0.36
10-Year
2.863%
-0.004
T-Bond
144.125
+0.0625
Dow
25709.27
+1.58%
Nasdaq
7421.46
+1.15%
S&P
2779.60
+1.18%
The Metals:
Gold gained $11.50 to $1340.80 in Asia before it fell back to $1330.20 by midday in New York, but it then bounced back higher in afternoon trade and ended with a gain of 0.29%. Silver rose to as high as $16.763 and ended with a gain of 0.67%.
Euro gold rose to about €1083, platinum gained $2.50 to $997, and copper dropped a penny to about $3.20.
Gold and silver equities rose over 1% in the first half hour of trade before they fell back to about unchanged by early afternoon, but they then climbed back higher into the close and ended almost 1% higher on the day.
Oil continued higher on expectations for strong demand.
The U.S. dollar index ended slightly lower in mixed trade and treasuries saw modest gains as interest rates edged down ahead of Powell’s testimony tomorrow.
The Dow, Nasdaq, and S&P rose over 1% on easing worries over interest rates.
Among the big names making news in the markettoday were Aston Martin, GE, Broadcom, Qualcomm, Apple, Amazon, and Walmart.
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
829.264
26,661,668
US$35,543m
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$5,919m
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$6,542m
Australian Stock Exchange (ASX)
Gold Bullion Securities
11.16
358,789
US$478m
Note: Change in Total Tonnes from yesterday’s data: SPDR added 1.475 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 265.11: +0.33 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,847.08: +41.05 change from yesterday’s data.
Pretium’s (PVG) mine ramp-up, Gold Resource’s (GORO) dividend, Sandstorm’s (SAND) asset updates, Coeur’s (CDE) PEA, Alexco’s (AXU) credit facility, and Excellon’s (EXN.TO) milling agreement with Hecla (HL) were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1.Tahoe Resources
TAHO +20.55% $4.81
2.Paramount
PZG +6.25% $1.36
3.Alexco
AXU +6.11% $1.39
LOSERS
1.Avino
ASM -4.51% $1.27
2.Yamana
AUY -1.36% $2.91
3.AngloGold
AU -0.61% $9.82
Winners & Losers tracks NYSE listed gold and silver mining stocks that trade over $1.
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.
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, Gold Seek LLC, its affiliates or advertisers. GoldSeek.com, Gold Seek LLC 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, Gold Seek LLC,
is strictly prohibited. In no event shall GoldSeek.com, Gold Seek LLC or its affiliates be
liable to any person for any decision made or action taken in reliance upon
the information provided herein.
Gold Seeker Closing Report: Gold and Silver Gain With Stocks
