-- Published: Tuesday, 20 March 2018 | Print | Disqus
| Close | Gain/Loss |
Gold | $1310.40 | -$6.40 |
Silver | $16.20 | -$0.13 |
XAU | 78.13 | -0.68% |
HUI | 169.21 | -1.11% |
GDM | 594.85 | -0.78% |
JSE Gold | 1066.77 | +5.10 |
USD | 90.41 | +0.54 |
Euro | 122.46 | -0.92 |
Yen | 94.08 | -0.15 |
Oil | $63.40 | +$1.34 |
10-Year | 2.887% | +0.035 |
T-Bond | 144.8125 | -0.71875 |
Dow | 24727.27 | +0.47% |
Nasdaq | 7364.30 | +0.27% |
S&P | 2716.94 | +0.15% |
The Metals:
Gold fell $9.60 to $1307.20 at about 10:30AM EST before it climbed back higher into midday, but it still ended with a loss of 0.49%. Silver slipped to as low as $16.116 and ended with a loss of 0.80%.
Euro gold rose to about €1070, platinum lost $10 to $941, and copper dropped 4 cents to about $3.03.
Gold and silver equities fell roughly 1% in the first hour of trade and remained near that level for the rest of the day.
The Economy:
Fed Seen Sticking With Three 2018 Rate Hikes, May Hint at Fourth Bloomberg
This bullish economic news is a warning for the stock market MarketWatch
The Fed easily could make stocks spring higher, says J.P. Morgan MarketWatch
Tomorrow brings Existing Home Sales and a FOMC Meeting Announcement and Press Conference.
The Markets:
Oil gained over 2% on concerns about rising tensions between Saudi Arabia and Iran.
The U.S. dollar index rose and treasuries fell as the Dow, Nasdaq, and S&P traded mostly higher ahead of tomorrow’s fed announcement.
Among the big names making news in the market today were Google, General Dynamics, Toys ‘R’ Us, and Facebook.
GATA Posts:
Ted Butler: Bear Stearns -- a different opinion
The Statistics:
As of close of business: 3/19/2018
Gold Warehouse Stocks: | 9,060,591.220 | -9,840.61 |
Silver Warehouse Stocks: | 257,451,421.943 | +594,068.841 |
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 | 850.838 | 27,355,277 | US$35,855m |
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$5,822m |
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$6,435m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$470m |
Note: Change in Total Tonnes from yesterday’s data: SPDR added 10.619 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 270.04: +4.00 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,942.90: +20.51 change from yesterday’s data.
The Miners:
B2Gold’s (BTG) legal standing in Mali and Polyus’ (PLZL) expanding output in Russia were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Sandstorm | SAND +3.59% $4.62 |
2. Great Panther | GPL +2.54% $1.21 |
3. Freeport | FCX +2.44% $18.49 |
LOSERS
1. Coeur | CDE -5.50% $7.39 |
2. Alio Gold | ALO -5.31% $2.05 |
3. Gold Standard | GSV -4.17% $1.61 |
Winners & Losers tracks NYSE listed gold and silver mining stocks that trade over $1.
- Chris Mullen, Gold Seeker Report
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-- Published: Tuesday, 20 March 2018 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Fall Before Fed Day
