-- Published: Tuesday, 8 May 2018 | Print | Disqus
Gold saw slight gains in Asia before it fell back to $1306.10 by a little after 10AM EST, but it then rallied back higher into the close and ended with a gain of 0.01%. Silver rose to as high as $16.519 and ended with a gain of 0.06%.
Euro gold rose above €1108, platinum gained $2 to $911, and copper dropped a penny to about $3.06.
Gold and silver equities fell over 1% in the first half hour and a half of trade, but they then chopped back up for most of the rest of the day and ended almost 1% higher on the day.
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Tomorrow brings PPI and Wholesale Trade.
Oil fell over 2% on doubts that other nations will join the US in imposing sanctions on Iran.
The U.S. dollar index rose and treasuries fell as interest rates climbed higher on political uncertainty that held the Dow, Nasdaq, and S&P mostly slightly lower.
Among the big names making news in the market today were Uber, Caterpillar, Walmart, and Fox.
'World of Warcraft' currency is now worth 7 times more than Venezuela's cash
As of close of business: 5/7/2018
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: 289.45: +0.48 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,054.63: +29.29 change from yesterday’s data.
IAMGOLD’s (IAG) first quarter results, Banro’s (BAA) new CEO, Nevsun’s (NSU) acquisition proposal, and Hecla’s (HL) exploration success were among the big stories in the gold and silver mining industry making headlines today.
NSU +15.82% $3.44
IAG +8.08% $6.15
TGB +5.41% $1.17
PVG -2.77% $6.68
2. Alio Gold
ALO -2.05% $1.91
AXU -1.96% $1.50
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, 8 May 2018 | E-Mail | Print | Source: GoldSeek.com