-- Published: Tuesday, 3 April 2018 | Print | Disqus
Gold fell $13 to $1328.90 in late morning New York trade before it nearly halved its drop by early afternoon, but it then drifted back lower into the close and ended with a loss of 0.76%. Silver slipped to as low as $16.358 and ended with a loss of 1.08%.
Euro gold fell to about €1086, platinum lost $9 to $923, and copper climbed 2 cents to about $3.06.
Gold and silver equities fell nearly 2% by midmorning before they bounced back higher, but they still ended about 1% lower on the day.
New York Fed launches U.S. Libor contender, slow takeup seen Reuters
Home prices spiral higher, defying forecast of tax-law hit MarketWatch
Global money supply flashes surprise slowdown warning Telegraph
Tomorrow brings ADP Employment, Factory Orders, and ISM Non-Manufacturing.
Oil gained almost 1% on easing trade tensions.
The U.S. dollar index rose and treasuries fell as the Dow, Nasdaq, and S&P closed over 1% higher on signs that President Trump is backing off from increased regulation for tech companies.
Among the big names making news in the market today were Disney, Spotify, and Tesla.
Intervention may best explain anomalies in the gold market
China acknowledges that petro-yuan challenges U.S. dollar
Ambrose Evans-Pritchard: Global money supply flashes surprise slowdown warning
Strange developments in gold and silver could end in explosions, GATA chairman says
Turk notes firmness of monetary metals amid turmoil with equities
As of close of business: 4/2/2018
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 added 6.193 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 271.38: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,922.39: No change from yesterday’s data.
Randgold’s (GOLD) operations in Africa, IAMGOLD’s (IAG) new Inferred Mineral Resource estimate, Silver Bear’s (SBR.TO) operational update, and Avino’s (ASM) 2017 results were among the big stories in the gold and silver mining industry making headlines today.
TGB +3.51% $1.18
2. Alio Gold
ALO +2.67% $1.92
3. Americas Silver
USAS +2.66% $3.47
1. Gold Fields
GFI -4.23% $3.85
SBGL -3.68% $3.93
3. Great Panther
GPL -3.33% $1.16
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: Tuesday, 3 April 2018 | E-Mail | Print | Source: GoldSeek.com