-- Published: Monday, 9 July 2018 | Print | Disqus
| Close | Gain/Loss |
Gold | $1258.20 | +$3.10 |
Silver | $16.11 | +$0.08 |
XAU | 83.28 | -0.56% |
HUI | 178.82 | -0.22% |
GDM | 629.59 | -0.50% |
JSE Gold | 1076.07 | -6.63 |
USD | 94.10 | +0.09 |
Euro | 117.47 | -0.03 |
Yen | 90.26 | -0.29 |
Oil | $73.85 | +$0.05 |
10-Year | 2.861% | +0.037 |
T-Bond | 145.15625 | -0.50 |
Dow | 24776.59 | +1.31% |
Nasdaq | 7756.20 | +0.88% |
S&P | 2784.17 | +0.88% |
The Metals:
Gold gained $10.80 to $1265.90 in London before it drifted back lower in New York, but it still ended with a gain of 0.25%. Silver rose to as high as $16.212 and ended with a gain of 0.50%.
Euro gold climbed above €1071, platinum gained $6 to $848, and copper climbed 4 cents to about $2.86.
Gold and silver equities jumped nearly 2% at the open, but they then chopped back to about unchanged by early afternoon and remained near that level for the rest of the day.
The Economy:
Homeowners are sitting on a record amount of cash - and not tapping it CNBC
British eurosceptic ministers quit in blow to May's Brexit plan Reuters
Mortgage rates fall to 3-month low as flight to safety rolls on MarketWatch
Tomorrow brings the NFIB small-business index and Job openings.
The Markets:
Oil held near unchanged on supply uncertainty.
The U.S. dollar index edged higher as the pound fell on Brexit concerns.
Treasuries saw modest losses as the Dow, Nasdaq, and S&P gained roughly 1% on strong economic optimism.
Among the big names making news in the market today were Fox, Tesla, and Twitter.
GATA Posts:
European banks obstructing gold withdrawals, London metals trader Maguire tells KWN
The Statistics:
As of close of business: 7/6/2018
Gold Warehouse Stocks: | 8,754,555.481 | - |
Silver Warehouse Stocks: | 278,951,871.464 | +150,866.62 |
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 | 802.243 | 25,792,907 | US$32,538m |
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$5,602m |
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$6,190m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$452m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 266.22: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,087.04: No change from yesterday’s data.
The Miners:
McEwen’s (MUX) new Preliminary Economic Assessment, Royal Gold’s (RGLD) fourth quarter sales, Pretivm’s (PVG) second quarter gold production results, and Coeur’s (CDE) second quarter sales were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Pretivm | PVG +14.57% $9.28 |
2. Freeport | FCX +3.43% $18.11 |
3. Endeavour Silver | EXK +2.48% $3.31 |
LOSERS
1. Alexco | AXU -4.11% $1.40 |
2. Harmony | HMY -2.92% $1.66 |
3. NovaGold | NG -2.85% $4.43 |
Winners & Losers tracks NYSE listed gold and silver mining stocks that trade over $1.
- Chris Mullen, Gold Seeker Report
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-- Published: Monday, 9 July 2018 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Gain with Stocks
