-- Published: Friday, 18 January 2019 | Print | Disqus
| Close | Gain/Loss | On Week |
Gold | $1280.70 | -$11.10 | -0.59% |
Silver | $15.33 | -$0.20 | -1.73% |
XAU | 68.38 | -1.66% | -4.64% |
HUI | 150.77 | -1.96% | -5.41% |
GDM | 571.03 | -1.19% | -3.24% |
JSE Gold | 1330.83 | -22.76 | -3.81% |
USD | 96.37 | +0.32 | +0.73% |
Euro | 113.66 | -0.25 | -0.90% |
Yen | 91.24 | -0.53 | -1.04% |
Oil | $53.80 | +$1.73 | +4.28% |
10-Year | 2.787% | +0.041 | +3.15% |
Bond | 144.46875 | -0.5625 | -0.88% |
Dow | 24706.35 | +1.38% | +2.96% |
Nasdaq | 7157.23 | +1.03% | +2.66% |
S&P | 2670.71 | +1.32% | +2.87% |
The Metals:
Gold fell $10.50 to $1281.30 at about 8:30AM EST before it chopped back higher in morning New York trade, but it then fell back off gain in late trade and ended with a loss of 0.86%. Silver slipped to as low as $15.327 and ended with a loss of 1.29%.
Euro gold fell to about €1127, platinum lost $16.50 to $792.50, and copper climbed 2 cents to about $2.72.
Gold and silver equities fell nearly 2% at the open before they bounced back higher at times, but they still ended over 1% lower on the day.
The Economy:
Moody's: Shutdown, if not resolved soon, 'fodder for recession' CNBC
China offers 6-year import boost in trade talks with US: Sources CNBC
U.S. consumer morale at two-year low; factory output surges Reuters
China Offers a Path to Eliminate US Trade Imbalance: Sources Bloomberg
U.S. consumer sentiment swoons to lowest since Trump's election Reuters
U.S. industrial production finished 2018 on a firm note MarketWatch
Fed's Williams says rate policy must be patient, data dependent Reuters
Shutdown clouds outlook for consumer-driven U.S. economic growth Reuters
The Markets:
Oil rose over 3% and the U.S. dollar index found decent gains while treasuries fell on “potential progress in trade negotiations between China and the U.S.” that sent the Dow, Nasdaq, and S&P over 1% higher.
Among the big names making news in the market Friday were Tiffany, Schlumberger, Apple, Ryanair, Tesla, Fannie and Freddie, and Netflix.
GATA Posts:
Wyoming legislators see gold, silver reducing risk in state investments
The Statistics:
Activity from: 1/17/2019
Gold Warehouse Stocks: | 8,405,974.987 | -2,089.75 |
Silver Warehouse Stocks: | 295,403,459.178 | +2,677,526.483 |
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 | 797.706 | 25,647,044 | US$32,929m |
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$5,699m |
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$6,296m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$460m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 288.49: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,552.22: -121.12 change from yesterday’s data.
The Miners:
B2Gold’s (BTG) record 2018 gold production and revenues and Sandstorm’s (SAND) acquired royalty were among the big stories in the gold and silver mining industry making headlines Friday.
WINNERS
1. Freeport | FCX +3.54% $12.56 |
2. Turquoise | TRQ +1.89% $1.62 |
3. Americas Silver | USAS +0.60% $1.68 |
LOSERS
1. Eldorado | EGO -6.01% $2.66 |
2. IAMGOLD | IAG -5.98% $2.83 |
3. Alamos | AGI -5.67% $3.83 |
Winners & Losers tracks NYSE listed gold and silver mining stocks that trade over $1.
- Chris Mullen, Gold Seeker Report
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-- Published: Friday, 18 January 2019 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Weekly Wrap-Up: Gold and Silver Fall Almost 1% and 2% on the Week
