Gold gained $10.41 to $1332.91 at about 9AM EST before it dropped down to $1319.39 just after the release of Yellen�s Jackson Hole speech and then jumped to a new session high of $1341.96 in the next fifteen minutes of trade, but it then fell back off again in late morning trade and ended with a loss of 0.11%.Silver rose to as high as $19.049 before it fell back to $18.58, but it still ended with a gain of 0.43%.
Euro gold rose to about �1180, platinum lost $10 to $1062, and copper remained at about $2.09.
Gold and silver equities rose over 2% at the open before they fell to see almost 2% losses shortly after 8AM EST and then climbed to new highs for the day by midmorning, but they then drifted back lower into the close and ended with modest losses.
Next week�s economic highlights include Personal Income and Spending on Monday, the Case-Shiller 20-city Index and Consumer Confidence on Tuesday, ADP Employment, Chicago PMI, and Pending Home Sales on Wednesday, Initial Jobless Claims, Productivity, Construction Spending, and the ISM Index on Thursday, and August�s jobs data, the Trade Balance, and Factory Orders on Friday.
The U.S. dollar index rose and treasuries fell after Federal Reserve Vice Chairman Stanley Fischer commented that two rate hikes were still possible this year.
The Dow, Nasdaq, and S&P erased early gains and ended mixed on interest rate uncertainty.
Among the big names making news in the market Friday were Tesla, Mazda, AB InBev, Prada, Saudi Aramco, and Herbalife.
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
956.588
30,755,253
US$40,547m
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$5,916m
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$6,498m
Australian Stock Exchange (ASX)
Gold Bullion Securities
11.16
358,789
US$474m
Johannesburg Securities Exchange (JSE)
New Gold Debentures
38.56
1,239,670
US$1,656m
Note: Change in Total Tonnes from yesterday�s data: SPDR subtracted 1.781 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 224.90: +0.30 change from yesterday�s data.
Silver Trust (SLV) Total Tonnes in Trust: 11,100.66: -59.14 change from yesterday�s data.
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Gold Seeker Weekly Wrap-Up: Gold and Silver Fall Over 1% and 3% on the Week
