-- Published: Friday, 21 December 2018 | Print | Disqus
Dow dives 400 points to end its worst week in 10 years
Gold edged up to $1262.60 in Asia before it dropped back to $1256.20 in London and then bounced back above unchanged in early New York trade, but it then drifted back lower into the close and ended with a loss of 0.44%. Silver chopped between $14.777 and $14.606 and ended with a loss of 1.02%.
Euro gold rose above €1105, platinum lost $7 to $786, and copper fell 2 cents to about $2.77.
Gold and silver equities traded roughly 1% lower for most of the day.
Consumer sentiment index rises to 98.3 in final December reading MarketWatch
November durable goods orders point to underlying weakness MarketWatch
Consumer spending rises 0.4% in November, outpacing income growth MarketWatch
U.S. third-quarter economic growth revised down to 3.4 percent Reuters
Trump threatens 'very long' U.S. government shutdown Reuters
Oil ended slightly lower on persistent oversupply concerns.
The U.S. dollar index rose on safe haven buying from fears of a government shutdown that held treasuries steady and sent the Dow, Nasdaq, and S&P as much as 3% lower.
Among the big names making news in the market Friday were Total, Perrigo, and Nike.
Activity from: 12/20/2018
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: Change in Total Tonnes from yesterday’s data: SPDR subtracted 2.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 275.01: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,864.15: -43.80 change from yesterday’s data.
Freeport’s (FCX) completion of its transaction with the Indonesian government and Northern Dynasty’s (NAK) completed first tranche of a private placement were among the big stories in the gold and silver mining industry making headlines Friday.
1. Golden Star
GSS +5.32% $2.77
BTG +2.21% $2.78
AUY +2.18% $2.34
SBGL -8.56% $2.35
DRD -8.33% $1.98
3. Gold Resource
Winners & Losers tracks NYSE listed gold and silver mining stocks that trade over $1.
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-- Published: Friday, 21 December 2018 | E-Mail | Print | Source: GoldSeek.com