-- Published: Wednesday, 6 June 2018 | Print | Disqus
Gold chopped between $1299.40 and $1294.20 in Asia and London before it climbed to a new session high of $1301.60 by a little after 10AM EST and then drifted back lower into the close, but it still ended with a gain of 0.05%. Silver rose to as high as $16.73 and ended with a gain of 1.15%.
Euro gold fell to about €1103, platinum gained $3 to $903, and copper climbed 7 cents to about $3.27.
Gold and silver equities held near unchanged and ended slightly higher.
U.S. first-quarter productivity revised to 0.4 percent Reuters
Rising exports push U.S. trade deficit to seven-month low Reuters
Tomorrow brings Initial Jobless Claims and Consumer Credit.
Oil fell over 1% after The Energy Information Administration reported that crude inventories rose 2.1 million barrels, gasoline inventories rose 4.6 million barrels, and distillates rose 2.2 million barrels.
The U.S. dollar index dropped again as the euro continued to rise on more talk about the ECB ending the central bank’s bond-buying program.
Treasuries fell as the Dow, Nasdaq, and S&P gained roughly 1% on economic optimism.
Among the big names making news in the market today were Jack in The Box, Twitter, Alphabet, Molson Coors, Facebook, and Tesla.
Swiss social insurance pension fund drops paper claims, takes gold bars instead
Scotiabank to scrap half its metals business, sources tell Reuters
As of close of business: 6/5/2018
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 0.294 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 282.60: -2.49 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,032.78: + change from yesterday’s data.
Goldcorp’s (GG) Impacts and Benefits Agreement and Comstock’s (LODE) strategic overview were among the big stories in the gold and silver mining industry making headlines today.
AGI +3.76% $5.80
SBGL +3.36% $2.77
FCX +3.12% $18.20
IAG -3.58% $5.92
AXU -2.17% $1.35
PZG -2.17% $1.35
Winners & Losers tracks NYSE listed gold and silver mining stocks that trade over $1.
- Chris Mullen, Gold Seeker Report
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-- Published: Wednesday, 6 June 2018 | E-Mail | Print | Source: GoldSeek.com