-- Published: Monday, 23 July 2018 | Print | Disqus
| Close | Gain/Loss |
Gold | $1225.00 | -$5.80 |
Silver | $15.38 | -$0.13 |
XAU | 78.11 | -1.82% |
HUI | 168.71 | -1.92% |
GDM | 595.67 | -1.58% |
JSE Gold | 1015.69 | +5.26 |
USD | 94.63 | +0.20 |
Euro | 116.95 | -0.31 |
Yen | 89.82 | +0.04 |
Oil | $67.89 | -$0.37 |
10-Year | 2.964% | +0.068 |
T-Bond | 142.90625 | -1.28125 |
Dow | 25044.29 | -0.06% |
Nasdaq | 7841.87 | +0.28% |
S&P | 2806.98 | +0.18% |
The Metals:
Gold fell $8.40 to $1222.40 in early afternoon New York trade before it bounced back higher at times, but it still ended with a loss of 0.47%. Silver slipped to as low as $15.355 and ended with a loss of 0.84%.
Euro gold fell under €1048, platinum gained $5 to $831, and copper dropped 2 cents to about $2.73.
Gold and silver equities fell roughly 1.5% by midday and remained near that level for the rest of the day.
The Economy:
U.S. existing home sales fall for third straight month Reuters
Mortgage rates tick down, but can borrowers seize the opportunity? MarketWatch
Chicago Fed national economic indicator helped by factory-sector snapback MarketWatch
Tomorrow brings Markit data.
The Markets:
Oil ended lower in mixed trade as traders brushed off renewed rhetoric from President Trump about Iran.
The U.S. dollar index rose and treasuries fell “following reports late last week that the Bank of Japan could adjust its monetary policy to make the program more sustainable.”
The Dow, Nasdaq, and S&P waffled near unchanged as interest rate concerns were offset by earnings optimism.
Among the big names making news in the market today were Papa John’s, Tesla, Halliburton, Fiat Chrysler, and Starbucks.
GATA Posts:
Russian financial analyst expects gold price suppression
New York Sun: Will Trump take on the Fed?
Dollar isn't rising, isn't causing gold's fall, Murphy tells GoldSeek Radio
Venezuelan gold doesn't seem to be returning from Turkey
Barrick is Paulson's bidder for Detour Gold, sources tell Bloomberg
The Statistics:
As of close of business: 7/20/2018
Gold Warehouse Stocks: | 8,661,381.883 | - |
Silver Warehouse Stocks: | 280,532,785.305 | +2,087.25 |
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 | 798.134 | 25,660,814 | US$31,425m |
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$5,442m |
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$6,015m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$439m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 262.22: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,231.89: +43.89 change from yesterday’s data.
The Miners:
AngloGold’s (AU) comments on South Africa’s gold industry and incoming CEO and Hecla’s (HL) completed acquisition of Klondex were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Avino | ASM +7.21% $1.19 |
2. Hecla | HL +5.28% $3.39 |
3. Americas Silver | USAS +3.53% $2.75 |
LOSERS
1. Gold Standard | GSV -5.03% $1.51 |
2. New Gold | NGD -4.74% $1.81 |
3. Barrick | ABX -4.53% $11.81 |
Winners & Losers tracks NYSE listed gold and silver mining stocks that trade over $1.
- Chris Mullen, Gold Seeker Report
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-- Published: Monday, 23 July 2018 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Fall with Oil
