-- Published: Wednesday, 25 April 2018 | Print | Disqus
| Close | Gain/Loss |
Gold | $1323.10 | -$8.40 |
Silver | $16.56 | -$0.17 |
XAU | 82.47 | -0.97% |
HUI | 180.83 | -0.85% |
GDM | 628.27 | -0.76% |
JSE Gold | 1095.11 | -17.72 |
USD | 91.20 | +0.43 |
Euro | 121.74 | -0.63 |
Yen | 91.53 | -0.60 |
Oil | $68.05 | +$0.35 |
10-Year | 3.026% | +0.034 |
T-Bond | 141.75 | -0.78125 |
Dow | 24083.83 | +0.25% |
Nasdaq | 7003.74 | -0.05% |
S&P | 2639.40 | +0.18% |
The Metals:
Gold fell $12.50 to $1319.00 by a little after 8AM EST before it chopped back higher in New York, but it still ended with a loss of 0.63%. Silver slipped to as low as $16.503 and ended with a loss of 1.02%.
Euro gold fell to about €1087, platinum lost $14 to $915, and copper dropped a penny to about $3.13.
Gold and silver equities traded mostly slightly lower and ended with modest losses.
The Economy:
U.S. Congress girds for fight over expected Trump spending cuts Reuters
Why High-Flying U.S. Home Prices Seen Getting Another Jolt Bloomberg
Jobs guarantee plans bring uncomfortable truth about the Fed to the fore MarketWatch
Tomorrow brings Initial Jobless Claims, Durable Goods Orders, International Trade in Goods, and Wholesale Inventories.
The Markets:
Oil ended modestly higher in mixed trade after the Energy Information Administration reported that crude inventories rose 2.2 million barrels, gasoline inventories rose 800,000 barrels, and distillates fell 2.6 million barrels.
The U.S. dollar index resumed its march higher and treasuries fell as interest rates continued to rise on inflation uncertainty.
The Dow, Nasdaq, and S&P held near unchanged on mixed earnings reports.
Among the big names making news in the market today were LendingClub, Bosch, Comcast, Chevron, Herbalife, and GE.
GATA Posts:
Trump's bank watchdog bought financial stocks up until taking office
Ex-UBS metals trader beats spoofing conspiracy charge
The Statistics:
As of close of business: 4/24/2018
Gold Warehouse Stocks: | 9,049,756.666 | - |
Silver Warehouse Stocks: | 261,039,770.559 | -8,862.635 |
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 | 871.196 | 28,009,830 | US$37,009m |
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$5,866m |
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$6,483m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$475m |
Note: Change in Total Tonnes from yesterday’s data: SPDR added 5.307 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 286.94: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,856.67: +49.80 change from yesterday’s data.
The Miners:
IAMGOLD’s (IAG) strategic investment in Tradewind Blockchain and Gold Fields’ (GFI) operating update were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Gold Fields | GFI -5.57% $3.73 |
2. Freeport | FCX -4.42% $15.37 |
3. Gold Standard | GSV -4.14% $1.62 |
LOSERS
1. Americas Silver | USAS+12.23% $4.22 |
2. Harmony | HMY +1.55% $1.97 |
3. First Majestic | AG +1.22% $6.64 |
Winners & Losers tracks NYSE listed gold and silver mining stocks that trade over $1.
- Chris Mullen, Gold Seeker Report
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-- Published: Wednesday, 25 April 2018 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Fall Roughly 1%
