-- Published: Friday, 5 August 2016 | Print | Disqus
| Close | Gain/Loss | On Week |
Gold | $1336.40 | -$24.00 | -1.10% |
Silver | $19.70 | -$0.65 | -3.15% |
XAU | 109.61 | -2.85% | -0.61% |
HUI | 274.48 | -3.40% | +0.06% |
GDM | 846.27 | -2.42% | -0.06% |
JSE Gold | 2813.20 | -93.33 | +1.01% |
USD | 96.22 | +0.47 | +0.70% |
Euro | 110.85 | -0.45 | -0.86% |
Yen | 98.23 | -0.59 | +0.24% |
Oil | $41.80 | -$0.13 | +0.48% |
10-Year | 1.582% | +0.079 | +8.50% |
Bond | 171.375 | -1.78125 | -1.81% |
Dow | 18543.53 | +1.04% | +0.60% |
Nasdaq | 5221.12 | +1.06% | +1.14% |
S&P | 2182.87 | +0.86% | +0.43% |
The Metals:
Gold saw a slight gain at $1364.68 in Asia, but it then fell throughout most of trade in New York and ended near its late session low of $1334.84 with a loss of 1.76%. Silver slipped to as low as $19.695 and ended with a loss of 3.19%.
Euro gold fell to about €1205, platinum lost $14 to $1142, and copper fell a couple of cents to about $2.16.
Gold and silver equities fell roughly 3% in the first fifteen minutes of trade and remained near that level for the rest of the day.
The Economy:
Report | For | Reading | Expected | Previous |
Nonfarm Payrolls | July | 255K | 185K | 292K |
Unemployment Rate | July | 4.9% | 4.8% | 4.9% |
Hourly Earnings | July | 0.3% | 0.2% | 0.1% |
Average Workweek | July | 34.5 | 34.4 | 34.4 |
Trade Balance | June | -$44.5B | -$42.7B | -$41.0B |
Consumer Credit | June | $12.3B | $16.2B | $17.9B |
All of this week’s other economic reports:
Next week’s economic highlights include Productivity and Wholesale Inventories on Tuesday, the Treasury Budget on Wednesday, Initial Jobless Claims and Import and Export Prices on Thursday, and PPI, Retail Sales, Michigan Sentiment, and Business Inventories on Friday.
The Markets:
Charts Courtesy of http://finance.yahoo.com/
Oil edged lower as the U.S. dollar index rose and treasuries fell on better than expected jobs data that sent the Dow, Nasdaq, and S&P higher.
Among the big names making news in the market Friday were Carlyle, RBS, Bristol Myers, and Merck.
GATA Posts:
Hacked bitcoin exchange says users may share $68 million loss
Legendary executive Rob McEwen talks about gold mining in golden times
The Statistics:
Activity from: 8/4/2016
Gold Warehouse Stocks: | 11,314,881.310 | +165,349.95 |
Silver Warehouse Stocks: | 152,317,236.133 | -948,017.60 |
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 | 973.211 | 31,289,708 | US$41,938m |
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$5,948m |
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$6,574m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$480m |
Johannesburg Securities Exchange (JSE) | New Gold Debentures | 34.88 | 1,121,361 | US$1,417m |
Note: Change in Total Tonnes from yesterday’s data: SPDR added 3.563 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 220.40: +0.75 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,911.57: No change from yesterday’s data.
The Miners:
WINNERS
1. Mines Management | MGN +3.52% $1.47 |
2. Almaden | AAU +1.42% $1.43 |
LOSERS
1. Tanzanian Royalty | TRX -9.02% $1.21 |
2. Exeter | XRA -8.22% $1.34 |
3. Harmony | HMY -5.86% $4.50 |
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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-- Published: Friday, 5 August 2016 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Weekly Wrap-Up: Gold and Silver Fall Over 1% and 3% on the Week
