Gold Seeker Closing Report: Gold Ends Slightly Higher
| Close | Gain/Loss |
Gold | $1334.60 | +$2.40 |
Silver | $17.01 | -$0.01 |
XAU | 88.31 | +0.38% |
HUI | 197.66 | +0.37% |
GDM | 663.51 | +0.15% |
JSE Gold | 1268.77 | -28.92 |
USD | 90.39 | -0.28 |
Euro | 122.60 | +0.41 |
Yen | 90.10 | -0.32 |
Oil | $63.49 | +$0.12 |
10-Year | 2.660% | -0.001 |
T-Bond | 148.75 | -0.25 |
Dow | 26214.60 | +0.55% |
Nasdaq | 7408.03 | +0.98% |
S&P | 2832.97 | +0.81% |
The Metals:
Gold waffled between $1335.60 and $1328.60 in Asia before it climbed back up to $1335.50 in late morning New York trade and then fell back under unchanged by early afternoon, but it then jumped back higher into the close and ended with a gain of 0.18%. Silver chopped between $17.095 and $16.945 and ended with a loss of 0.06%.
Euro gold fell to about EUR1089, platinum lost $15 to $996, and copper climbed a penny to about $3.20.
Gold and silver equities waffled near unchanged and ended slightly higher.
Senators reach deal to reopen government Reuters
Senate breaks budget impasse, paving way for government to reopen The Washington Post
Factory strength lifts Chicago Fed's national activity index MarketWatch
Tomorrow brings the Richmond Fed Manufacturing Index.
The Markets:
Oil held near unchanged on mixed commentary from OPEC members.
The U.S. dollar index remained lower after the Senate broke a stalemate over a short-term spending bill and cleared the way for the government to reopen until February 8.
Treasuries edged down as the Dow, Nasdaq, and S&P traded mostly higher on optimism over upcoming earnings reports.
Among the big names making news in the market today were GE, AIG, Halliburton, Sanofi, Celgene, Juniper Networks, Bitcoin, and Xerox.
GATA Posts:
Futures exchange operator details discounts for secret trading by central banks
Gold-backed and convertible cryptocurrency planned by Sprott
Klondike Gold sponsors GATA reception Monday in Vancouver
If buying bitcoin was 'gambling,' its profits are tax-free in UK
China orders banks to stop financing cryptocurrencies as noose tightens around disrupter
GATA secretary discusses worldwide struggle for control of gold
Pakistan is the closest the NY Times will get to gold-rigging story
The Statistics:
As of close of business: 1/19/2018
Gold Warehouse Stocks: | 9,313,900.494 | -7,233.75 |
Silver Warehouse Stocks: | 248,016,459.793 | +1,206,628.681 |
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(R) Gold Shares | 846.665 | 27,221,134 | US$36,266m |
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierb?rse (Deutsche B?rse - Xetra) | Gold Bullion Securities | 138.13 | 4,441,056 | US$5,920m |
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierb?rse (Deutsche B?rse - Xetra) AND NYSE Euronext Amsterdam | ETFS Physical Gold | 152.66 | 4,908,200 | US$6,549m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$478m |
Note: Change in Total Tonnes from yesterday's data: SPDR added 5.903 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 253.27: +1.85 change from yesterday's data.
Silver Trust (SLV) Total Tonnes in Trust: 9,813.15: No change from yesterday's data.
Randgold's (GOLD) successful commissioning, Vista Gold's (VGZ) permit, Franco-Nevada's (FNV) new precious metals stream, Gold Resource's (GORO) preliminary 2017 year-end and fourth quarter mill production results, and SilverCrest's (SIL.V) summary of its 2017 results and 2018 outlook were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Kinross | KGC +2.86% $4.32 |
2. Tahoe Resources | TAHO +2.47% $4.57 |
3. Yamana | AUY +2.10% $3.41 |
LOSERS
1. Avino | ASM -4.76% $1.40 |
2. Northern Dynasty | NAK -4.68% $1.63 |
3. Alio Gold | ALO -3.41% $3.40 |
Winners & Losers tracks NYSE listed gold and silver mining stocks that trade over $1.
Please see Yahoo's Mining/Metals News Wire for all of today's mining news.
- Chris Mullen, Gold Seeker Report
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