-- Published: Friday, 20 April 2018 | Print | Disqus
| Close | Gain/Loss | On Week |
Gold | $1335.60 | -$10.40 | -0.65% |
Silver | $17.13 | -$0.12 | +2.94% |
XAU | 85.12 | -0.65% | +1.24% |
HUI | 184.18 | -0.58% | +0.41% |
GDM | 636.70 | -1.27% | -0.32% |
JSE Gold | 1103.42 | -3.26 | -0.97% |
USD | 90.33 | +0.46 | +0.64% |
Euro | 122.89 | -0.62 | -0.41% |
Yen | 93.03 | -0.28 | -0.08% |
Oil | $68.38 | +$0.09 | +1.47% |
10-Year | 2.959% | +0.047 | +4.85% |
Bond | 143.00 | -0.78125 | -1.76% |
Dow | 24462.94 | -0.82% | +0.42% |
Nasdaq | 7146.13 | -1.27% | +0.56% |
S&P | 2670.14 | -0.85% | +0.52% |
The Metals:
Gold fell $11 to $1335.00 in late morning New York trade before it bounced back higher at times, but it still ended with a loss of 0.77%. Silver slipped to as low as $17.044 and ended with a loss of 0.7%.
Euro gold fell to about €1087, platinum lost $8 to $924, and copper remained at about $3.14.
Gold and silver equities fell nearly 2% in the first hour of trade before they chopped back higher into the close, but they still about 1% lower on the day.
The Economy:
Pricey U.S. home sales soar as buyers ignore new tax code Reuters
Global Yield Surge Defies Skepticism on Inflation's Momentum Bloomberg
Fed's Williams sees more rate hikes, not worried on yield curve Reuters
Next week’s economic highlights include Existing Home Sales on Monday, S&P Corelogic Case-Shiller HPI, the FHFA House Price Index, New Home Sales, and Consumer Confidence on Tuesday, Initial Jobless Claims, Durable Goods Orders, International Trade in Goods, and Wholesale Inventories on Thursday, and GDP, Chicago PMI, and Consumer Sentiment on Friday.
The Markets:
Oil edged higher after OPEC reported no change to their long-term supply agreements.
The U.S. dollar index rose and treasuries fell as yields climbed higher on inflation concerns.
The Dow, Nasdaq, and S&P dropped roughly 1% on renewed concerns about weakness in tech.
Among the big names making news in the market Friday were Apple, Wells Fargo, SunTrust, and GE.
GATA Posts:
Turkey repatriates its gold reserves from U.S.
The Statistics:
Activity from: 4/19/2018
Gold Warehouse Stocks: | 9,049,885.270 | -257.20 |
Silver Warehouse Stocks: | 261,698,616.224 | -28,787.715 |
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 | 865.889 | 27,839,199 | US$37,206m |
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$5,943m |
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$6,568m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$480m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 286.43: +2.29 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,885.97: -73.25 change from yesterday’s data.
The Miners:
Centerra Gold’s (CG.TO) extension and Silver Bull’s (SVBL) voting results were among the big stories in the gold and silver mining industry making headlines Friday.
WINNERS
1. Turquoise | TRQ +3.59% $3.17 |
2. NovaGold | NG +1.91% $4.81 |
3. Sibanye | SBGL +1.64% $3.71 |
LOSERS
1. Americas Silver | USAS -7.44% $3.98 |
2. Taseko | TGB -5.15% $1.29 |
3. DRDGOLD | DRD -4.26% $2.47 |
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, 20 April 2018 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Weekly Wrap-Up: Gold Dips on the Week While Silver Rises Almost 3%
