-- Published: Thursday, 12 April 2018 | Print | Disqus
| Close | Gain/Loss |
Gold | $1335.20 | -$15.90 |
Silver | $16.48 | -$0.18 |
XAU | 82.76 | -1.10% |
HUI | 180.42 | -1.37% |
GDM | 630.24 | -0.85% |
JSE Gold | 1084.95 | -33.14 |
USD | 89.78 | +0.22 |
Euro | 123.27 | -0.37 |
Yen | 93.26 | -0.35 |
Oil | $67.07 | +$0.25 |
10-Year | 2.830% | +0.050 |
T-Bond | 145.40625 | -0.71875 |
Dow | 24483.05 | +1.21% |
Nasdaq | 7140.25 | +1.01% |
S&P | 2663.99 | +0.83% |
The Metals:
Gold saw slight gains in Asia, but it then fell throughout most of trade in London and New York and ended near its late session low of $1333.90 with a loss of 1.18%. Silver slipped to as low as $16.451 and ended with a loss of 1.08%.
Euro gold fell to about €1083, platinum lost $5 to $924, and copper dropped 5 cents to about $3.06.
Gold and silver equities fell roughly 1% at the open and remained near that level for the rest of the day.
The Economy:
Trump says having 'great discussions' on trade with China Reuters
Import prices held down in March by oil decline MarketWatch
U.S. weekly jobless claims fall; import prices unchanged Reuters
Tomorrow brings Consumer Sentiment.
The Markets:
Oil remained firm after OPEC “said the global oil stocks surplus was close to evaporating due to healthy demand and its own supply cuts.”
The U.S. dollar index rose and treasuries fell as the Dow, Nasdaq, and S&P gained roughly 1% on easing geopolitical and trade tensions.
Among the big names making news in the market today were L'Oreal, Bitcoin, Tesla, Bed Bath & Beyond, and Rite Aid.
GATA Posts:
Explosion more likely than bull market in metals, GATA chairman says
The Statistics:
As of close of business: 4/11/2018
Gold Warehouse Stocks: | 9,062,198.720 | - |
Silver Warehouse Stocks: | 263,568,517.439 | +995.098 |
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 | 859.991 | 27,649,583 | US$37,083m |
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$5,946m |
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$6,564m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$479m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 280.37: +1.13 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,959.22: No change from yesterday’s data.
The Miners:
Buenaventura’s (BVN) preliminary 1Q18 production and volume sold results and Barrick’s (ABX) preliminary first quarter production were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Americas Silver | USAS +3.97% $3.80 |
2. Nevsun | NSU +3.13% $2.64 |
3. Taseko | TGB +2.48% $1.24 |
LOSERS
1. Pretivm | PVG -9.19% $7.51 |
2. Harmony | HMY -7.79% $2.13 |
3. New Gold | NGD -3.80% $2.28 |
Winners & Losers tracks NYSE listed gold and silver mining stocks that trade over $1.
- Chris Mullen, Gold Seeker Report
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-- Published: Thursday, 12 April 2018 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Fall Over 1%
