-- Published: Monday, 2 July 2018 | Print | Disqus
| Close | Gain/Loss |
Gold | $1240.20 | -$12.30 |
Silver | $15.85 | -$0.24 |
XAU | 81.11 | -0.60% |
HUI | 173.49 | -0.59% |
GDM | 615.97 | -0.77% |
JSE Gold | 1060.20 | +0.44 |
USD | 94.99 | +0.42 |
Euro | 116.22 | -0.57 |
Yen | 90.27 | -0.10 |
Oil | $73.94 | -$0.21 |
10-Year | 2.864% | +0.009 |
T-Bond | 144.75 | -0.25 |
Dow | 24307.18 | +0.15% |
Nasdaq | 7567.69 | +0.76% |
S&P | 2726.71 | +0.31% |
The Metals:
Gold fell throughout most of trade in New York and ended near its last-minute low of $1239.70 with a loss of 0.98%. Silver slipped to as low as $15.769 and ended with a loss of 1.49%.
Euro gold fell to about €1068, platinum lost $37 to $813, and copper dropped 2 cents to about $2.93.
Gold and silver equities traded mixed and ended modestly lower.
The Economy:
Largest U.S. business group attacks Trump on tariffs Reuters
ISM manufacturing index hits 4-month high, but tariffs, shipping woes create bottlenecks MarketWatch
Trade frictions disrupt global factory growth Reuters
Construction spending ticks up in May as housing takes a breather MarketWatch
Tomorrow brings Factory orders.
The Markets:
Oil edged lower and the U.S. dollar index rose as the euro fell on political uncertainty in Germany.
Treasuries saw slight losses as the Dow, Nasdaq, and S&P erased morning losses and ended higher on easing concerns about trade conflicts.
Among the big names making news in the market today were Adamis, VMware, Dell Technologies, and Tesla.
GATA Posts:
Ted Butler: The perfect double cross
U.S. dollar's share of global currency reserves keeps falling
Renminbi's worst month ever sparks U.S.-China currency war fears
The Statistics:
As of close of business: 6/29/2018
Gold Warehouse Stocks: | 8,564,639.524 | - |
Silver Warehouse Stocks: | 276,712,636.320 | +801,981.759 |
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 | 819.036 | 26,332,819 | US$32,846m |
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$5,528m |
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$6,111m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$445m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 1.473 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 268.66: -0.76 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,029.81: +64.39 change from yesterday’s data.
The Miners:
WINNERS
1. McEwen | MUX +3.86% $2.15 |
2. Harmony | HMY +3.85% $1.62 |
3. Alexco | AXU +3.37% $1.38 |
LOSERS
1. Seabridge | SA -3.59% $10.75 |
2. Paramount | PZG -3.17% $1.22 |
3. Turquoise | TRQ -2.82% $2.76 |
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: Monday, 2 July 2018 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Fall Roughly 1%
