-- Published: Tuesday, 5 June 2018 | Print | Disqus
| Close | Gain/Loss |
Gold | $1296.50 | +$4.70 |
Silver | $16.49 | +$0.09 |
XAU | 83.05 | +1.06% |
HUI | 178.67 | +0.97% |
GDM | 623.77 | +0.53% |
JSE Gold | 1025.63 | +18.59 |
USD | 93.91 | -0.14 |
Euro | 117.17 | +0.19 |
Yen | 91.16 | +0.03 |
Oil | $65.52 | +$0.77 |
10-Year | 2.920% | -0.023 |
T-Bond | 144.375 | +0.25 |
Dow | 24799.98 | -0.06% |
Nasdaq | 7637.86 | +0.41% |
S&P | 2748.80 | +0.07% |
The Metals:
Gold gained $8.70 to as high as $1300.50 in early afternoon New York trade before it drifted back lower into the close, but it still ended with a gain of 0.36%. Silver rose to as high as $16.53 and ended with a gain of 0.55%.
Euro gold rose to about €1107, platinum gained $1 to $900, and copper climbed 7 cents to about $3.20.
Gold and silver equities rose roughly 1% by midday and remained near that level into the close.
The Economy:
U.S. job openings hit record high of 6.7 million in April Reuters
Service Industries in U.S. Expand at Faster Rate Than Forecast Bloomberg
Tomorrow brings International Trade and Productivity.
The Markets:
Oil closed over 1% higher in mixed trade on continued uncertainty about OPEC’s future policy.
The U.S. dollar index erased early gains and ended modestly lower as the euro turned higher “following reports that the European Central Bank would discuss an exit from its quantitative easing program next week.”
Treasuries found slight gains as the Dow, Nasdaq, and S&P traded mixed on economic and tariff concerns.
Among the big names making news in the market today were Apple, Starbucks, and Deutsche Bank.
GATA Posts:
Christopher Belding: China is rigging all currency and asset prices ...
The Statistics:
As of close of business: 6/04/2018
Gold Warehouse Stocks: | 9,014,904.393 | -257.20 |
Silver Warehouse Stocks: | 270,756,017.040 | -819,169.55 |
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 | 836.420 | 26,891,754 | US$34,731m |
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$5,760m |
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$6,365m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$465m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 285.09: -0.99 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,032.78: +16.23 change from yesterday’s data.
The Miners:
B2Gold’s (BTG) solar power plant, Seabridge Gold’s (SA) drilling, IAMGOLD’s (IAG) Pre-feasibility Study, and Nevsun’s (NSU) exploration decline were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Taseko | TGB +11.93% $1.22 |
2. Eldorado | EGO +5.50% $1.15 |
3. Alexco | AXU +4.55% $1.38 |
LOSERS
1. Harmony | HMY -3.53% $1.64 |
2. DRDGOLD | DRD -1.11% $2.67 |
3. Eurasian | EMX -0.86% $1.15 |
Winners & Losers tracks NYSE listed gold and silver mining stocks that trade over $1.
- Chris Mullen, Gold Seeker Report
- Would you like to receive the Free Daily Gold Seeker Report in your e-mail? Click here
Additional Resources for today’s Gold Seeker Report can be found:
© Gold Seeker 2018
Note: This article may be reproduced provided the article, in full, is used and mention to Gold-Seeker.com is given.
Disclosure: The owner, editor, writer and publisher and their associates are not responsible for errors or omissions. The author of this report is not a registered financial advisor. Readers should not view this material as offering investment related advice. Gold-Seeker.com has taken precautions to ensure accuracy of information provided. Information collected and presented are from what is perceived as reliable sources, but since the information source(s) are beyond Gold-Seeker.com’s control, no representation or guarantee is made that it is complete or accurate. The reader accepts information on the condition that errors or omissions shall not be made the basis for any claim, demand or cause for action. Past results are not necessarily indicative of future results. Any statements non-factual in nature constitute only current opinions, which are subject to change. Nothing contained herein constitutes a representation by the publisher, nor a solicitation for the purchase or sale of securities & therefore information, nor opinions expressed, shall be construed as a solicitation to buy or sell any stock, futures or options contract mentioned herein. Investors are advised to obtain the advice of a qualified financial & investment advisor before entering any financial transaction.
| Digg This Article
-- Published: Tuesday, 5 June 2018 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Gain While Dollar Dips
