-- Published: Tuesday, 21 August 2018 | Print | Disqus
| Close | Gain/Loss |
Gold | $1194.00 | +$3.80 |
Silver | $14.76 | +$0.01 |
XAU | 66.78 | +1.01% |
HUI | 144.45 | +0.98% |
GDM | 527.55 | +0.74% |
JSE Gold | 934.40 | +21.66 |
USD | 95.26 | -0.59 |
Euro | 115.73 | +1.78 |
Yen | 90.73 | -0.25 |
Oil | $67.35 | +$0.92 |
10-Year | 2.844% | -0.008 |
T-Bond | 145.09375 | -0.375 |
Dow | 25822.29 | +0.25% |
Nasdaq | 7859.17 | +0.49% |
S&P | 2862.96 | +0.21% |
The Metals:
Gold gained $6.10 to $1196.30 in Asia before it dropped back to $1187.80 by late morning in New York, but it then bounced back higher into the close and ended with a gain of 0.32%. Silver slipped to as low as $14.72 and ended with a gain of 0.07%.
Euro gold fell to about €1032, platinum gained $1.50 to $792, and copper climbed a couple of cents to about $2.69.
Gold and silver equities waffled near unchanged throughout the morning, but they then rallied back higher in late trade and ended with gains of roughly 1%.
The Economy:
U.S. Treasury investors cautious ahead of FOMC minutes: survey Reuters
Exclusive: Trump demands Fed help on economy, complains about interest rate rises Reuters
Even with trade talks on tap, U.S. moves forward on new tariffs against China MarketWatch
Tomorrow brings Existing home sales and FOMC minutes.
The Markets:
Oil rose over 1% on continued concerns about Iran and positioning ahead of tomorrow’s inventory data.
The U.S. dollar index continued to fall in reaction to Trump’s critical fed remarks.
Treasuries edged lower as the Dow, Nasdaq, and S&P climbed higher on positive earnings reports.
Among the big names making news in the market today were TJX, Nike, Slack, Facebook, and JP Morgan.
GATA Posts:
Come to New Orleans conference with GATA and enjoy a money-back guarantee
Trump's attack on Fed crossed 'red line' for markets, could weaken dollar
Trump unhappy with Fed over rates, calls EU and China currency manipulators
The Statistics:
As of close of business: 8/20/2018
Gold Warehouse Stocks: | 8,476,117.084 | - |
Silver Warehouse Stocks: | 289,490,587.294 | +1,194,404.61 |
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 | 772.236 | 24,828,146 | US$29,562m |
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$5,424m |
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$6,007m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$427m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 261.37: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,236.28: No change from yesterday’s data.
The Miners:
Seabridge Gold’s (SA) drilling and Alio Gold’s (ALO) focus on mine operations were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Turquoise | TRQ +3.86% $2.42 |
2. Buenaventura | BVN +3.78% $12.62 |
3. Hecla | HL +3.70% $2.80 |
LOSERS
1. DRDGOLD | DRD -5.09% $2.05 |
2. Paramount | PZG -4.55% $1.05 |
3. Americas Silver | USAS -4.26% $2.25 |
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, 21 August 2018 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Gain with Stocks
