LIVE Gold Prices $  | E-Mail Subscriptions | Update GoldSeek | GoldSeek Radio 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

GoldSeek.com to Launch New Website
By: GoldSeek.com

Is Gold Price Action Warning Of Imminent Monetary Collapse Part 2?
By: Hubert Moolman

Gold and Silver Are Just Getting Started
By: Frank Holmes, US Funds

Silver Makes High Wave Candle at Target – Here’s What to Expect…
By: Clive Maund

Gold Blows Through Upside Resistance - The Chase Is On
By: Avi Gilburt

U.S. Mint To Reduce Gold & Silver Eagle Production Over The Next 12-18 Months
By: Steve St. Angelo, SRSrocco Report

Gold's sharp rise throws Financial Times into an erroneous sulk
By: Chris Powell, GATA

Precious Metals Update Video: Gold's unusual strength
By: Ira Epstein

Asian Metals Market Update: July-29-2020
By: Chintan Karnani, Insignia Consultants

Gold's rise is a 'mystery' because journalism always fails to pursue it
By: Chris Powell, GATA

 
Search

GoldSeek Web

 
Gold Seeker Closing Report: Gold Dips While Silver Holds Steady
By: Chris Mullen, Gold Seeker Report

 -- Published: Wednesday, 20 June 2018 | Print  | Disqus 

 

Close

Gain/Loss

Gold

$1269.50

-$6.00

Silver

$16.30

UNCH

XAU

81.25

-0.52%

HUI

175.44

-0.80%

GDM

611.50

-0.75%

JSE Gold

1075.67

+3.70

USD

95.09

+0.05

Euro

115.83

-0.01

Yen

90.73

-0.34

Oil

$66.22

+$1.15

10-Year

2.936%

+0.046

T-Bond

144.50

-0.4375

Dow

24657.80

-0.17%

Nasdaq

7781.51

+0.72%

S&P

2767.32

+0.17%

 
http://www.goldseek.com/news/2018/2018-06-20_14-03-44.jpg

 

The Metals:

 

Gold dipped $4.20 to $1271.30 in London before it bounced back to $1276.20 in morning New York trade, but it then fell back off into the close and ended with a loss of 0.47%. Silver slipped to as low as $16.252 and ended unchanged on the day.

 

Euro gold fell to about €1096, platinum gained $1.50 to $867.50, and copper remained at about $3.04.

 

Gold and silver equities drifted lower in afternoon trade and ended with near 1% losses on the day.

 

The Economy:

 

Powell, Draghi express concern over trade wars  MarketWatch

U.S. existing home sales fall for second straight month  Reuters

US: Current-account deficit increased to $124.1 billion Q1 of 2018 from $116.1 billion  fxstreet

A Trump trade war could push China to the brink  MarketWatch

 

Tomorrow brings Weekly jobless claims, the Philly Fed, and Leading indicators.

 

The Markets:

 

Oil rose almost 2% after The Energy Information Administration reported that crude inventories fell 5.9 million barrels, gasoline inventories rose 3.3 million barrels, and distillates rose 2.7 million barrels.

 

The U.S. dollar index waffled near unchanged along with treasuries and the Dow, Nasdaq, and S&P as trade war concerns were offset by expectations for policy stimulus from China.

 

Among the big names making news in the market today were and Starbucks, PayPal, Oracle, and Walt Disney, Fox, and Comcast.

 

GATA Posts:

 

 

Gold Street is where South Africa's mining history goes to die

Cryptocurrencies fall as Korean exchange says $32 million of coins stolen

Tiny Asian nation hoards gold as shield against trade war

 

The Statistics:

As of close of business: 6/19/2018

Gold Warehouse Stocks:

9,013,393.156

+96.46

Silver Warehouse Stocks:

272,794,465.342

+622,084.56

 

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

828.759

26,645,429

US$33,944m

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$5,659m

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$6,254m

Australian Stock Exchange (ASX)

Gold Bullion Securities

11.16

358,789

US$455m

Note: No change in Total Tonnes from yesterday’s data.

 

COMEX Gold Trust (IAU) Total Tonnes in Trust: 273.66: No change from yesterday’s data.

 

Silver Trust (SLV) Total Tonnes in Trust: 9,769.30: No change from yesterday’s data.

 

The Miners:

 

Centerra Gold’s (CG.TO) Strategic Agreement update and Avino’s (ASM) exploration update were among the big stories in the gold and silver mining industry making headlines today.

 

WINNERS

1.  Taseko

TGB +2.65% $1.16

2.  Paramount

PZG +1.59% $1.28

3.  AngloGold

AU +1.48% $8.22

 

LOSERS

1.  Avino

ASM -4.69% $1.22

2.  DRDGOLD

DRD -3.87% $2.73

3.  Alexco

AXU -3.82% $1.26

Winners & Losers tracks NYSE listed gold and silver mining stocks that trade over $1.

 

- 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: Wednesday, 20 June 2018 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2019



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

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


Map

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.