-- Published: Friday, 29 June 2018 | Print | Disqus
| Close | Gain/Loss | On Week |
Gold | $1252.50 | +$4.30 | -1.39% |
Silver | $16.09 | +$0.09 | -2.25% |
XAU | 81.59 | +2.21% | -0.50% |
HUI | 174.52 | +2.35% | -1.36% |
GDM | 620.96 | +1.91% | +0.35% |
JSE Gold | 1059.76 | +35.81 | -0.64% |
USD | 94.57 | -0.75 | +0.02% |
Euro | 116.79 | +1.13 | +0.14% |
Yen | 90.37 | -0.12 | -0.83% |
Oil | $74.15 | +$0.70 | +8.12% |
10-Year | 2.855% | +0.015 | -1.38% |
Bond | 144.90625 | -0.0625 | +0.63% |
Dow | 24271.41 | +0.23% | -1.26% |
Nasdaq | 7510.30 | +0.09% | -2.37% |
S&P | 2718.37 | +0.08% | -1.33% |
The Metals:
Gold edged up to $1252.80 in Asia before it chopped back to $1248.60 in midmorning New York trade, but it then jumped to a new session high of $1255.60 at about 1PM EST and ended with a gain of 0.34%. Silver rose to as high as $16.155 and ended with a gain of 0.56%.
Euro gold fell to about €1072, platinum gained $3.50 to $850, and copper remained at about $2.95.
Gold and silver equities rose roughly 2% by midday and remained near that level into the close.
The Economy:
U.S. core PCE price index hits 2 percent; spending slows Reuters
Mortgage rates slump as trade fears weigh on a housing market that's running dry MarketWatch
Tariff fears put a small dent in consumer sentiment for June MarketWatch
Next week’s economic highlights include Markit manufacturing PMI, the ISM manufacturing index, and Construction spending on Monday, Factory orders on Tuesday, ADP employment, Weekly jobless claims, Markit services PMI, the ISM nonmanufacturing index, and FOMC minutes on Thursday, and June's jobs data and Foreign trade in goods on Friday.
The Markets:
Oil rose almost 1% again on continued concerns about more sanctions on Iran.
The U.S. dollar index fell as the euro climbed markedly higher “after European Union leaders reached a deal over the divisive issue of refugees, removing some political risk that had been hanging over the shared currency.”
Treasuries traded mixed while the Dow, Nasdaq, and S&P ended with modest gains on upbeat company news and forecasts.
Among the big names making news in the market Friday were Xiaomi, Deutsche Bank, Constellation Brands, Nike, and Walmart.
GATA Posts:
Rebel investors return former executives of Petropavlovsk
GATA Chairman Murphy interviewed for Reluctant Preppers
The Statistics:
Activity from: 6/28/2018
Gold Warehouse Stocks: | 8,564,639.524 | -402.43 |
Silver Warehouse Stocks: | 275,910,654.561 | +542,920.313 |
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 | 820.509 | 26,380,182 | US$32,976m |
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$5,560m |
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$6,143m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$449m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 1.178 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 269.42: -2.09 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 9,965.42: +32.20 change from yesterday’s data.
The Miners:
WINNERS
1. Nevsun | NSU +7.76% $3.47 |
2. Turquoise | TRQ +5.97% $2.84 |
3. AngloGold | AU +4.45% $8.21 |
LOSERS
1. DRDGOLD | DRD -2.31% $2.54 |
2. Gold Resource | GORO-1.20% $6.59 |
3. Eurasian | EMX -0.97% $1.02 |
Winners & Losers tracks NYSE listed gold and silver mining stocks that trade over $1.
- Chris Mullen, Gold Seeker Report
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-- Published: Friday, 29 June 2018 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Weekly Wrap-Up: Gold and Silver Fall Over 1% and 2% on the Week
