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

Gold Gets a Boost of Rocket Fuel From Negative Bond Yields
By: Frank Holmes, US Funds

The Gold (and Silver) Volcano Is Ready to Erupt
By: David H. Smith

Precious Metals Update Video: Where do you park money? Stock markets and hard assets
By: Ira Epstein

Recognition and Adjustment
By: Craig Hemke

After This Confirmation Gold Prices Will Rise Fast
By: Hubert Moolman

Will Silver Soon Follow Gold’s Lead?
By: Stefan Gleason

GoldSeek Radio: Dr. Chris Martenson & Bob Hoye
By: Chris Waltzek Ph.D., GoldSeek Radio

Gold’s Century
By: Michael J. Kosares, USA Gold

What Gets Measures Gets Improved
By: Keith Weiner, Monetary Metals

SWOT Analysis: Central Banks Continue to Show Their Love for Gold
By: Frank Holmes, US Funds

 
Search

GoldSeek Web

 
Gold Seeker Closing Report: Gold and Silver Edge Lower
By: Chris Mullen, Gold Seeker Report

 -- Published: Tuesday, 18 September 2018 | Print  | Disqus 

 

Close

Gain/Loss

Gold

$1198.40

-$2.10

Silver

$14.15

-$0.02

XAU

65.40

+0.70%

HUI

141.20

+0.45%

GDM

511.68

+0.31%

JSE Gold

1045.58

+15.79

USD

94.62

+0.12

Euro

116.68

-0.20

Yen

89.18

-0.16

Oil

$69.85

+$0.94

10-Year

3.054%

+0.061

T-Bond

141.40625

-1.00

Dow

26246.96

+0.71%

Nasdaq

7956.11

+0.76%

S&P

2904.31

+0.54%

 
http://www.goldseek.com/news/2018/2018-09-18_14-08-50.jpg

 

The Metals:

 

Gold dipped $4.60 to $1195.90 in Asia before it climbed up to $1203.50 in early New York trade and then drifted back lower into the close, but it ended with a loss of just 0.17%. Silver chopped between $14.072 and $14.229 and ended with a loss of 0.14%.

 

Euro gold remained at €1027, platinum gained $14 to $811, and copper climbed 7 cents to about $2.71.

 

Gold and silver equities waffled near unchanged and ended slightly higher.

 

The Economy:

 

Home builder confidence stalls as tariffs bite  MarketWatch

China says Trump forces its hand, will retaliate against new U.S. tariffs  Reuters

Mortgage lenders may again lower standards as applications drop, former CitiMortgage CEO says  MarketWatch

 

Tomorrow brings Housing starts, Building permits, and the Current account deficit.

 

The Markets:

 

Oil gained over 1% on talk that Saudi Arabia is now comfortable with Brent oil prices rising above $80 a barrel.

 

The U.S. dollar index ended slightly higher in mixed trade on trade uncertainty.

 

Treasuries fell on increased confidence in rising interest rates.

 

The Dow, Nasdaq, and S&P rose on thoughts that trade disruptions will not impact world economic growth.

 

Among the big names making news in the market today were Audi, Oracle, Visa, Mastercard, and Viking Therapeutics.

 

GATA Posts:

 

 

South African unions sign three-year contract with AngloGold

 

The Statistics:

As of close of business: 9/17/2018

Gold Warehouse Stocks:

8,270,816.984

-60,956.706

Silver Warehouse Stocks:

293,784,832.882

+447,080.145

 

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

742.527

23,872,975

US$28,647m

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$5,328m

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$5,886m

Australian Stock Exchange (ASX)

Gold Bullion Securities

11.16

358,789

US$430m

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

 

COMEX Gold Trust (IAU) Total Tonnes in Trust: 265.72: No change from yesterday’s data.

 

Silver Trust (SLV) Total Tonnes in Trust: 10,418.84: No change from yesterday’s data.

 

The Miners:

 

Gold Resource’s (GORO) drill results, Alamos Gold’s (AGI) VP appointment, Golden Star’s (GSS) Special Meeting results, Eldorado Gold’s (EGO) Application for Payment, Silver Bear’s (SBR.TO) amended facilities agreement, and Excellon’s (EXN.TO) drill results were among the big stories in the gold and silver mining industry making headlines today.

 

WINNERS

1.  Gold Standard

GSV +6.79% $1.73

2.  Buenaventura

BVN +2.35% $12.61

3.  Freeport

FCX +2.11% $14.01

 

LOSERS

1.  IAMGOLD

IAG -2.58% $3.77

2.  New Gold

NGD -1.83% $1.07

3.  Fortuna

FSM -1.82% $4.32

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: Tuesday, 18 September 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.