-- Published: Thursday, 20 December 2018 | Print | Disqus
| Close | Gain/Loss |
Gold | $1261.00 | +$19.00 |
Silver | $14.77 | +$0.19 |
XAU | 69.79 | +4.78% |
HUI | 158.49 | +4.97% |
GDM | 576.83 | +3.08% |
JSE Gold | 1344.82 | -10.71 |
USD | 96.34 | -0.72 |
Euro | 114.57 | +0.85 |
Yen | 90.12 | +0.82 |
Oil | $45.88 | -$2.29 |
10-Year | 2.804% | +0.024 |
T-Bond | 144.71875 | -0.3125 |
Dow | 22859.60 | -1.99% |
Nasdaq | 6528.41 | -1.65% |
S&P | 2467.42 | -1.58% |
The Metals:
Gold gained $24.30 to a new 5-month high at $1266.30 by early afternoon in New York before it chopped back lower into the close, but it still ended with a gain of 1.53%. Silver rose to as high as $14.841 and ended with a gain of 1.3%.
Euro gold rose above €1100, platinum gained $9 to $793, and copper remained at about $2.69.
Gold and silver equities rose roughly 5% in the first hour of trade and remained near that level for the rest of the day.
The Economy:
President tells Republicans he won’t sign bill averting shutdown MarketWatch
Mortgage rates hit a 3-month low with home buyers biding their time MarketWatch
Trump noncommital on avoiding shutdown as he complains about border wall funding MarketWatch
Leading economic indicators rise in November CNBC
Philly Fed manufacturing index in December weakens to more than two-year low MarketWatch
U.S. weekly jobless claims up; mid-Atlantic factory activity slows Reuters
Tomorrow brings GDP, Durable goods orders, Core capex orders, Personal income and spending, Core inflation, and Consumer sentiment.
The Markets:
Oil dropped almost 5% and the U.S. dollar index fell markedly along with the Dow, Nasdaq, and S&P on disappointing earnings reports, fears of a government shutdown, and worries about slowing economic growth.
Treasuries edged lower as interest rates remained firm after yesterday’s fed announcement.
Among the big names making news in the market today were Apple, Blackberry, Tilray, and Altria.
GATA Posts:
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The Statistics:
As of close of business: 12/19/2018
Gold Warehouse Stocks: | 8,338,693.721 | - |
Silver Warehouse Stocks: | 294,784,928.453 | -919,321.20 |
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 | 771.790 | 24,813,829 | US$31,253m |
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$5,592m |
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$6,176m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$453m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 275.01: +0.35 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,907.95: +23.36 change from yesterday’s data.
The Miners:
McEwen’s (MUX) closed financing, Yamana’s (AUY) share purchases by the Executive Chairman and Chief Executive Officer, and Alamos Gold’s (AG) Normal Course Issuer Bid were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. DRDGOLD | DRD +12.5% $2.16 |
2. Fortuna | FSM +11.04% $3.62 |
3. IAMGOLD | IAG +10.36% $3.73 |
LOSERS
1. Turquoise | TRQ -1.96% $1.50 |
2. EMX Royalty | EMX -1.80% $1.09 |
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 December 2018 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Gain Over 1% While Stocks Drop Nearly 2%
