-- Published: Tuesday, 1 May 2018 | Print | Disqus
Gold dropped $12.80 to $1301.90 in late morning New York trade before it bounced back higher into the close, but it still ended with a loss of 0.73%. Silver slipped to as low as $16.052 and ended with a loss of 0.86%.
Euro gold fell to about €1088, platinum lost $10 to $892, and copper dropped 3 cents to about $3.03.
Gold and silver equities fell over 1% at the open, but they then rallied back higher for most of the rest of trade and ended modestly higher on the day.
U.S. factory activity slows; construction spending tumbles Reuters
U.S. Factory Gauge Dips to Nine-Month Low as Inflation Heats Up Bloomberg
Fed likely to keep rates steady; investors bet on June hike Reuters
Tomorrow brings ADP Employment and a FOMC Meeting Announcement.
Oil fell almost 2% as the U.S. dollar index found notable gains and treasuries fell on expectations for a hawkish fed announcement tomorrow.
The Dow, Nasdaq, and S&P traded mixed on earnings uncertainty.
Among the big names making news in the market today were GM, Nissan, Facebook, Goldman Sachs, Encana, BP, and Apple.
Goldman Sachs to pay $110 million to resolve forex probes
Venezuela stops paying $1 billion debt to Canadian gold miner
As of close of business: 4/30/2018
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: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 288.52: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,856.67: No change from yesterday’s data.
1. Gold Resource
GORO +3.35% $5.24
CDE +2.77% $7.78
NG +2.51% $4.90
TGB -6.61 $1.13
2. Americas Silver
USAS -4.76% $3.80
3. Alio Gold
ALO -4.06% $1.89
Winners & Losers tracks NYSE listed gold and silver mining stocks that trade over $1.
- Chris Mullen, Gold Seeker Report
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-- Published: Tuesday, 1 May 2018 | E-Mail | Print | Source: GoldSeek.com