-- Published: Wednesday, 25 July 2018 | Print | Disqus
Gold gained $8.90 to $1234.10 in early New York trade before it fell back towards unchanged by midday, but it then rallied back higher into the close and ended with a gain of 0.56%. Silver rose to as high as $15.628 and ended with a gain of 0.78%.
Euro gold climbed above €1050, platinum gained $11 to $842, and copper climbed 5 cents to about $2.84.
Gold and silver equities rose almost 1% at the open before they quickly fell to find slight losses, but then then climbed back higher into the close and ended near their session highs.
U.S. new home sales at eight-month low, housing slowing Reuters
Twelve charts to watch for signs of the next U.S. downturn Reuters
How to understand Trump's trade policy: It's about restricting imports MarketWatch
Tomorrow brings Weekly jobless claims, Durable goods orders, and Advance trade in goods.
Oil climbed over 1% after The Energy Information Administration reported that crude inventories fell 6.1 million barrels, gasoline inventories fell 2.3 million barrels, and distillates fell 100,000 barrels.
The U.S. dollar index dropped on concerns about Trump’s talks with European Commission President Jean-Claude Juncker.
Treasuries closed lower as the Dow, Nasdaq, and S&P rose on mostly better than expected earnings reports.
Among the big names making news in the market today were GrubHub, Fiat Chrysler, UPS, and Facebook.
IMF says dollar is overvalued, yuan in line with fundamentals
As of close of business: 7/24/2018
Gold Warehouse Stocks:
Silver Warehouse Stocks:
Global Gold ETF Holdings
[WGC Sponsored ETF’s]
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
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra)
Gold Bullion Securities
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) AND NYSE Euronext Amsterdam
ETFS Physical Gold
Australian Stock Exchange (ASX)
Gold Bullion Securities
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: No change from yesterday’s data.
Randgold’s (GOLD) production, Alamos Gold’s (AGI) permit, Freeport’s (FCX) second quarter results, McEwen’s (MUX) exploration results, Silvercorp’s (SVM) updated National Instrument (“NI”) 43-101 Technical Report, and Endeavour Silver’s (EXK) drill results were among the big stories in the gold and silver mining industry making headlines today.
EMX +7.96% $1.22
2. Gold Standard
GSV +7.95% $1.63
PVG +6.56% $8.61
IAG -2.62% $5.58
ASM -2.61% $1.12
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 July 2018 | E-Mail | Print | Source: GoldSeek.com