-- Published: Friday, 5 January 2018 | Print | Disqus
Gold fell $5.70 to $1316.20 in London before it jumped up to $1322.80 after the release of this morning’s jobs data and then fell to a new session low of $1313.80 in the next hour of trade, but it then climbed back towards its earlier high by late morning and ended with a loss of just 0.11%. Silver slipped to as low as $17.101 and ended unchanged on the day.
Euro gold rose to about €1097, platinum gained $5 to $967, and copper fell 3 cents to about $3.22.
Gold and silver equities waffled near unchanged and ended slightly lower.
U.S. factory orders rise for fourth straight month Reuters
Service-sector growth tumbles in December, ISM says MarketWatch
Traders keep bets on two Fed rate hikes after jobs report Reuters
U.S. Trade Deficit Balloons to Widest in Almost Six Years Bloomberg
U.S. Adds 148,000 Jobs, Wages Rise in Signs of Full Employment Bloomberg
U.S. job growth slows in December; wages increase Reuters
Next week’s economic highlights include Consumer Credit on Monday, JOLTS data on Tuesday, Import and Export Prices and Wholesale Trade on Wednesday, Initial Jobless Claims and PPI on Thursday, and CPI, Retail Sales, and Business Inventories on Friday.
Oil pared this week’s gain on profit taking.
The U.S. dollar index saw modest gains on the outlook for more interest rate hikes from the fed.
Treasuries edged lower as the Dow, Nasdaq, and S&P climbed to new highs on economic optimism.
Among the big names making news in the market Friday were Deutsche Bank, Uber, Apple, Intel, and Denali Therapeutics.
John Hathaway: Gold and bitcoin are attacked to defend government currencies
Dollar drop could force global central banks into rates rethink
Activity from: 1/4/2018
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 0.275 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 245.09: +1.17 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,904.09: -64.52 change from yesterday’s data.
AAU +2.04% $1.00
PZG +1.57% $1.29
FCX +0.81% $19.90
ASM -4.58% $1.46
2. Endeavour Silver
EXK -2.76% $2.47
HL -2.17% $4.05
Winners & Losers tracks NYSE listed gold and silver mining stocks that trade over $1.
- Chris Mullen, Gold Seeker Report
- Would you like to receive the Free Daily Gold Seeker Report in your e-mail? Click here
Additional Resources for today’s Gold Seeker Report can be found:
© Gold Seeker 2018
Note: This article may be reproduced provided the article, in full, is used and mention to Gold-Seeker.com is given.
Disclosure: The owner, editor, writer and publisher and their associates are not responsible for errors or omissions. The author of this report is not a registered financial advisor. Readers should not view this material as offering investment related advice. Gold-Seeker.com has taken precautions to ensure accuracy of information provided. Information collected and presented are from what is perceived as reliable sources, but since the information source(s) are beyond Gold-Seeker.com’s control, no representation or guarantee is made that it is complete or accurate. The reader accepts information on the condition that errors or omissions shall not be made the basis for any claim, demand or cause for action. Past results are not necessarily indicative of future results. Any statements non-factual in nature constitute only current opinions, which are subject to change. Nothing contained herein constitutes a representation by the publisher, nor a solicitation for the purchase or sale of securities & therefore information, nor opinions expressed, shall be construed as a solicitation to buy or sell any stock, futures or options contract mentioned herein. Investors are advised to obtain the advice of a qualified financial & investment advisor before entering any financial transaction.
| Digg This Article
-- Published: Friday, 5 January 2018 | E-Mail | Print | Source: GoldSeek.com