-- Published: Monday, 7 May 2018 | Print | Disqus
Gold gained $4.80 to $1318.80 in Asia before it fell back to $1310.30 by a little after 8AM EST, but it then bounced back higher in New York and ended with a gain of 0.02%. Silver chopped between $16.568 and $16.404 and ended with a loss of 0.18%.
Euro gold rose above €1102, platinum gained $0.50 to $909, and copper dropped a penny to about $3.07.
Gold and silver equities waffled near unchanged and ended slightly lower.
Consumer credit growth in March slowest in six months as credit-card use drops MarketWatch
Tomorrow brings the Labor Department's JOLTS report.
Oil rose over 1% on continued concerns about what the US will do about Iran’s nuclear deal. An announcement is now expected at 2PM EST tomorrow.
The U.S. dollar index remained firm and treasuries edged lower on worries about inflation and fed policy.
The Dow, Nasdaq, and S&P gained roughly 1% in the first half hour of trade on deal-making news before they chopped back lower in afternoon trade, but they still ended with decent gains on the day.
Among the big names making news in the market today were Air France, Blackstone and Gramercy, Cognizant, Nestlé and Starbucks, and GE.
Nigeria, China sign $2.4 billion currency swap to lift trade
As of close of business: 5/4/2018
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 subtracted 1.468 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 288.97: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,083.92: +38.07 change from yesterday’s data.
NovaGold’s (NG) AGM results, Great Panther’s (GPL) COO departure, and Endeavour Silver’s (EXK) AGM results were among the big stories in the gold and silver mining industry making headlines today.
1. Gold Standard
GSV +2.56% $1.60
CDE +1.37% $8.14
IAG +0.89% $5.69
SBGL -9.57% $3.12
NG -5.38% $4.75
AU -3.82% $8.56
Winners & Losers tracks NYSE listed gold and silver mining stocks that trade over $1.
- Chris Mullen, Gold Seeker Report
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-- Published: Monday, 7 May 2018 | E-Mail | Print | Source: GoldSeek.com