-- Published: Wednesday, 23 January 2019 | Print | Disqus
| Close | Gain/Loss |
Gold | $1283.00 | -$1.60 |
Silver | $15.36 | +$0.03 |
XAU | 68.86 | +0.18% |
HUI | 151.86 | -0.22% |
GDM | 573.37 | +0.13% |
JSE Gold | 1350.79 | +8.99 |
USD | 96.12 | -0.24 |
Euro | 113.83 | +0.20 |
Yen | 91.47 | -0.18 |
Oil | $52.62 | -$0.39 |
10-Year | 2.746% | +0.007 |
T-Bond | 145.00 | -0.40625 |
Dow | 24575.62 | +0.70% |
Nasdaq | 7025.77 | +0.08% |
S&P | 2638.70 | +0.22% |
The Metals:
Gold edged up to $1286.50 in Asia before it dropped back to $1278.70 in early New York trade and then bounced back to gains by early afternoon, but it then drifted back lower into the close and ended with a loss of 0.12%. Silver chopped between $15.432 and $15.269 and ended with a gain of 0.2%.
Euro gold fell to €1127, platinum gained $6 to $793, and copper remained at about $2.66.
Gold and silver equities erased early session losses and closed mixed.
The Economy:
White House chief economist: We could see 'zero' growth in first quarter because of shutdown CNBC
White House adviser Hassett confident U.S., China can reach trade deal by March Reuters
U.S. mortgage applications slip from 11-month peak: MBA Reuters
Contrarian who called the 2008 housing crash expects a global recession this year MarketWatch
Senate sets votes but U.S. shutdown likely to go on Reuters
Tomorrow brings Weekly jobless claims, Markit manufacturing PMI, Markit services, and Leading economic indicators.
The Markets:
Oil turned lower “following a report that the European Union may soon launch a mechanism that would allow companies to bypass U.S. sanctions and trade with Iran.”
The U.S. dollar index fell along with treasuries as the pound and euro rose after reports of plans to delay Brexit.
The Dow, Nasdaq, and S&P chopped near unchanged on mixed earnings reports.
Among the big names making news in the market today were Comcast, Northern Trust, Dyson, United Tech, Subaru, and Deutsche.
GATA Posts:
Gold mergers signify lack of discoveries, junior acquisitions likely, Hathaway says
Replace U.S. dollar with Russian gold, Moscow exchange chief suggests
The Statistics:
As of close of business: 1/22/2019
Gold Warehouse Stocks: | 8,421,042.047 | +15,067.06 |
Silver Warehouse Stocks: | 295,218,493.230 | -883,218 |
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 | 809.759 | 26,034,556 | US$33,311m |
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$5,705m |
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$6,305m |
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: 289.08: +0.59 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,585.78: +33.56 change from yesterday’s data.
The Miners:
Paramount’s (PZG) permitting progress and Antofagasta’s (ANTO.LN) 2018 production results were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. EMX Royalty | EMX +2.68% $1.15 |
2. Gold Standard | GSV +2.59% $1.19 |
3. Seabridge | SA +2.05% $12.96 |
LOSERS
1. Turquoise | TRQ -4.29% $1.56 |
2. Coeur | CDE -2.05% $4.29 |
3. Alamos | AGI -2.02% $3.88 |
Winners & Losers tracks NYSE listed gold and silver mining stocks that trade over $1.
- Chris Mullen, Gold Seeker Report
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-- Published: Wednesday, 23 January 2019 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Close Mixed with Stocks
