December 20: Gold and Silver End Slightly Higher While Stocks Dip Again
Gold gained $4.10 to $1266.30 in London before it fell back to $1262.00 in midmorning New York trade, but it then jumped to a new session high of $1267.80 by early afternoon and ended with a gain of 0.25%. Silver rose to as high as $16.246 and ended with a gain of 0.31%.
Euro gold fell to about €1065, platinum gained $5 to $917, and copper climbed 4 cents to about $3.17.
Gold and silver equities rose nearly 2% by early afternoon and remained near that level into the close.
Oil remained higher after the Energy Information Administration reported that crude inventories fell 6.5 million barrels, gasoline inventories rose 1.2 million barrels, and distillates rose 769,000 barrels.
The U.S. dollar index drifted lower and treasuries fell while the Dow, Nasdaq, and S&P held near unchanged after Congress approved a tax overhaul package and sent it to President Trump’s desk for signature.
As of close of business: 12/19/2017
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 1.181 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 244.30: +0.33 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,150.22: No change from yesterday’s data.
Almaden’s (AAU) assay results, SEMAFO’s (SMF.TO) construction update, and Great Panther’s (GPL) updated Mineral Resource Estimate were among the big stories in the gold and silver mining industry making headlines today.
1. Alio Gold
ALO +14.14% $3.47
2. Great Panther
GPL +8.26% $1.31
3. Gold Standard
GSV +4.88% $1.72
1. Northern Dynasty
NAK +4.44% $1.72
ASM -1.49% $1.32
CDE -0.67% $7.46
Winners & Losers tracks NYSE and AMEX 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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