-- Published: Friday, 9 March 2018 | Print | Disqus
| Close | Gain/Loss | On Week |
Gold | $1323.50 | +$1.40 | +0.12% |
Silver | $16.58 | +$0.10 | +0.42% |
XAU | 78.90 | -0.09% | +0.19% |
HUI | 172.92 | -0.36% | -0.04% |
GDM | 603.40 | -0.33% | +0.24% |
JSE Gold | 1126.62 | +6.28 | +1.72% |
USD | 90.13 | UNCH | +0.21% |
Euro | 123.08 | -0.07 | -0.16% |
Yen | 93.69 | -0.46 | -1.02% |
Oil | $62.04 | +$1.92 | +1.29% |
10-Year | 2.897% | +0.037 | +1.29% |
Bond | 144.0625 | -0.53125 | -0.17% |
Dow | 25335.74 | +1.77% | +3.25% |
Nasdaq | 7560.81 | +1.79% | +4.17% |
S&P | 2786.57 | +1.74% | +3.54% |
The Metals:
Gold fell $9.20 to $1312.90 at about 8:30AM EST before it rallied back to $1324.90 by midday and then drifted lower into the close, but it still ended with a gain of 0.11%. Silver chopped between $16.347 and $16.672 and ended with a gain of 0.61%.
Euro gold rose above €1075, platinum gained $12 to $962, and copper climbed 6 cents to about $3.13.
Gold and silver equities waffled near unchanged and ended slightly lower.
The Economy:
US January final wholesale inventories 0.8% vs 0.7% expected forexlive
U.S. Added 313,000 Jobs in February; Wage Gains Slow to 2.6% Bloomberg
U.S. nonfarm payrolls post largest gain in one-and-a-half years Reuters
The Markets:
Oil rose over 3% on easing geopolitical risk concerns after U.S. President Donald Trump and North Korea’s Kim Jong Un announced plans to meet face-to-face by the end of May.
The U.S. dollar index held near unchanged on concerns about slowing wage growth.
Treasuries fell as the Dow, Nasdaq, and S&P gained nearly 2% on economic optimism.
Among the big names making news in the market Friday were Amazon, Bombardier, Toys ‘R’ Us, Tesla, and Netflix.
GATA Posts:
Ted Butler: JPMorgan's motive for controlling the silver price
The Statistics:
Activity from: 3/8/2018
Gold Warehouse Stocks: | 9,124,643.635 | -964.50 |
Silver Warehouse Stocks: | 252,283,642.524 | +575,972.845 |
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 | 833.730 | 26,805,241 | US$35,396m |
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$5,881m |
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$6,492m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$475m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 265.05: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,893.07: No change from yesterday’s data.
The Miners:
WINNERS
1. Taseko | TGB +11.38% $1.37 |
2. Pretivm | PVG +5.94% $6.96 |
3. Avino | ASM +4.73% $1.34 |
LOSERS
1. Yamana | AUY -5.42% $2.62 |
2. Harmony | HMY -3.93% $2.20 |
3. New Gold | NGD -3.20% $2.42 |
Winners & Losers tracks NYSE listed gold and silver mining stocks that trade over $1.
- Chris Mullen, Gold Seeker Report
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-- Published: Friday, 9 March 2018 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Weekly Wrap-Up: Gold and Silver Find Slight Gains on the Week
