-- Published: Thursday, 20 September 2018 | Print | Disqus
| Close | Gain/Loss |
Gold | $1207.30 | +$3.80 |
Silver | $14.31 | +$0.07 |
XAU | 66.79 | +0.16% |
HUI | 144.27 | -0.08% |
GDM | 526.59 | +0.99% |
JSE Gold | 1048.32 | -8.79 |
USD | 93.89 | -0.66 |
Euro | 117.82 | +1.09 |
Yen | 89.04 | -0.21 |
Oil | $70.80 | -$0.32 |
10-Year | 3.068% | -0.012 |
T-Bond | 140.4375 | +0.53125 |
Dow | 26656.98 | +0.95% |
Nasdaq | 8028.23 | +0.98% |
S&P | 2930.75 | +0.78% |
The Metals:
Gold dipped $2.10 to $1201.40 in Asia before it climbed up to $1208.40 by a little after 10AM EST and then fell back under unchanged by midday, but it then rallied back higher into the close and ended with a gain of 0.32%. Silver dipped to as low as $14.181 in Asia, but it then chopped back higher for most of the rest of trade and ended with a gain of 0.49%.
Euro gold fell to about €1025, platinum gained $8.50 to $829.50, and copper climbed 3 cents to about $2.74.
Gold and silver equities waffled near unchanged and ended mixed.
The Economy:
Jay Powell reportedly ramps up meetings with lawmakers as he seeks to protect Fed's independence CNBC
Economy poised to grow 3% or more for the rest of 2018, leading indicators signal MarketWatch
U.S. existing home sales unchanged in August Reuters
Philly Fed manufacturing index rebounds in September MarketWatch
U.S. weekly jobless claims fall as labor market strength continues Reuters
Tomorrow brings Markit manufacturing PMI and Markit services PMI.
The Markets:
Oil edged lower after another Trump Tweet about OPEC urged them to “get prices down.”
The U.S. dollar index fell on waning trade concerns while the euro jumped higher on economic data and Brexit speculation.
Treasuries edged higher on rising demand due to higher rates.
The Dow, Nasdaq, and S&P rose nearly 1% on economic confidence.
Among the big names making news in the market today were Nissan, General Electric, Tesla, Google, and Eventbrite.
GATA Posts:
India is another rich country insisting on being poor ...
The Statistics:
As of close of business: 9/19/2018
Gold Warehouse Stocks: | 8,270,816.984 | - |
Silver Warehouse Stocks: | 291,933,843.002 | +162,397.62 |
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 | 742.232 | 23,863,511 | US$28,829m |
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$5,346m |
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$5,909m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$433m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 266.46: +0.36 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,418.84: No change from yesterday’s data.
The Miners:
Golden Star’s (GSS) operations update, guidance, and drill results, Alamos Gold’s (AGI) completed expansion, and Alexco’s (AXU) updated resource were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Great Panther | GPL +8.39% $1.00 |
2. Alexco | AXU +7.48% $1.15 |
3. Gold Standard | GSV +5.85% $1.81 |
LOSERS
1. New Gold | NGD -9.09% $1.00 |
2. DRDGOLD | DRD -8.54% $1.82 |
3. First Majestic | AG -2.55% $5.73 |
Winners & Losers tracks NYSE listed gold and silver mining stocks that trade over $1.
- Chris Mullen, Gold Seeker Report
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-- Published: Thursday, 20 September 2018 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Gain Again
