-- Published: Tuesday, 17 April 2018 | Print | Disqus
| Close | Gain/Loss |
Gold | $1347.30 | +$1.30 |
Silver | $16.77 | +$0.10 |
XAU | 84.21 | +0.27% |
HUI | 182.65 | +0.10% |
GDM | 640.14 | +0.42% |
JSE Gold | 1064.24 | -32.80 |
USD | 89.50 | +0.04 |
Euro | 123.75 | -0.03 |
Yen | 93.63 | +0.34 |
Oil | $66.52 | +$0.30 |
10-Year | 2.840% | +0.008 |
T-Bond | 145.8125 | +0.34375 |
Dow | 24786.63 | +0.87% |
Nasdaq | 7281.10 | +1.74% |
S&P | 2706.39 | +1.07% |
The Metals:
Gold gained $2.80 to $1348.80 in Asia before it fell back to $1337.70 at about 9AM EST, but it then rallied back higher for most of the rest of trade and ended with a gain of 0.1%. Silver chopped between $16.584 and $16.799 and ended with a gain of 0.6%.
Euro gold rose to about €1089, platinum gained $5 to $931, and copper remained at about $3.09.
Gold and silver equities waffled near unchanged and ended slightly higher.
The Economy:
IMF lifts U.S. growth outlook on tax-cut view MarketWatch
Factory Output in U.S. Cools After Surging in Previous Month Bloomberg
U.S. housing starts increase, single-family segment weak Reuters
Tomorrow brings the fed’s Beige Book.
The Markets:
Oil edged higher ahead of tomorrow’s supply data.
The U.S. dollar index found modest gains as the euro dipped on disappointing wage and sentiment data.
Treasuries traded mixed as shorter term maturities fell on the outlook for more rate hikes while longer dated bonds found continued support from geopolitical risks.
The Dow, Nasdaq, and S&P gained roughly 1% on mostly better than expected earnings reports.
Among the big names making news in the market today were IBM, Twitter, Goldman Sachs, Johnson & Johnson, Tesla, and Netflix.
GATA Posts:
GATA publishes its federal tax returns
GATA's federal tax return for 2017
GATA's federal tax return for 2016
GATA's federal tax return for 2015
Venezuela's 'suffocating' oil workers request dollar payments
China increases U.S. Treasuries holdings despite trade tension
Dollar and IMF oppress but gold doesn't, Turkish president says
IMF loans should be paid in gold, not dollars, Turkey's president says
Prosecution unfair to bullion bank trader, federal judge says
The Statistics:
As of close of business: 4/16/2018
Gold Warehouse Stocks: | 9,051,749.970 | - |
Silver Warehouse Stocks: | 263,191,013.479 | -605,295.10 |
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 | 865.889 | 27,839,199 | US$37,356m |
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$5,967m |
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$6,594m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$483m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 282.25: +0.50 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,959.22: No change from yesterday’s data.
The Miners:
Avino’s (ASM) production results and Golden Minerals’ (AUMN) filed Technical Report were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Americas Silver | USAS +6.25% $3.91 |
2. Endeavour Silver | EXK +4.96% $2.96 |
3. Paramount | PZG +3.33% $1.55 |
LOSERS
1. Sibanye | SBGL -4.53% $3.37 |
2. DRDGOLD | DRD -3.79% $2.54 |
3. Avino | ASM -2.84% $1.37 |
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, 17 April 2018 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Reverse Morning Losses To End Higher
