-- Published: Friday, 15 June 2018 | Print | Disqus
Gold fell $27.40 to as low as $1275.40 at about 1:30PM EST before it bounced back higher into the close, but it still ended with a loss of 1.71%. Silver slipped to as low as $16.455 and ended with a loss of 3.49%.
Euro gold fell back below €1103, platinum lost $21 to $883, and copper dropped 7 cents to about $3.14.
Gold and silver equities fell roughly 2% by midmorning and remained near that level for the rest of the day.
Consumer sentiment surprises in early June reading, moving opposite of expectations CNBC
Fire at parts supplier for Ford trucks drags down U.S. industrial production in May MarketWatch
Empire State manufacturing index climbs to best level in eight months in June MarketWatch
Trump sets $50 billion in China tariffs with Beijing ready to strike back Reuters
Next week’s economic highlights include the NAHB home builders' index on Monday, Housing starts and Building permits on Tuesday, the Current account and Existing home sales on Wednesday, Weekly jobless claims, the Philly Fed, and Leading indicators on Thursday, and Markit manufacturing PMI and services on Friday.
Oil fell nearly 3% on expectations that OPEC will agree to boost output next week.
The U.S. dollar index dropped and treasuries rose as the Dow, Nasdaq, and S&P lost roughly 1% by midmorning on fears of a trade war with China, but stocks then climbed back higher in afternoon trade and ended only modestly lower on hopes that cooler heads will prevail.
Among the big names making news in the market Friday were Avalara, Qualcomm-NXP, Apple, Comcast, Universal Display, and Boston Beer.
World Gold Council to cut price on imaginary gold
Hugo Salinas Price: Is Trump's 'madness' aiming for a return to gold?
Activity from: 6/14/2018
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: 276.66: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,824.92: No change from yesterday’s data.
1. Gold Resource
GORO +5.55% $6.66
SBGL +1.52% $2.67
HMY +1.28% $1.58
1. Frist Majestic
AG -6.40% $7.46
AU -6.11% $8.15
AUY -6.03% $2.96
Winners & Losers tracks NYSE listed gold and silver mining stocks that trade over $1.
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-- Published: Friday, 15 June 2018 | E-Mail | Print | Source: GoldSeek.com