-- Published: Thursday, 26 July 2018 | Print | Disqus
Gold drifted lower throughout most of world trade and ended near its late session low of $1222.50 with a loss of 0.75%. Silver slipped to as low as $15.389 and ended with a loss of 1.28%.
Euro gold remained at about €1050, platinum lost $19 to $823, and copper fell 5 cents to about $2.79.
Gold and silver equities dropped throughout trade and ended roughly 3% lower on the day.
U.S. business spending on equipment strong; trade deficit widens Reuters
Durable-goods orders fall in May as auto demand slump MarketWatch
U.S. jobless claims rebound from more than 48-and-a-half-year low Reuters
Tomorrow brings GDP and Consumer sentiment.
Oil found modest gains after “Saudi Arabia halted crude shipments through a Red Sea waterway after accusing Iran-allied rebels of attacking a pair of tankers.”
The U.S. dollar index rose and treasuries fell after “the European Central Bank clung to its easy money policy and signaled no change in its timetable to move away from ultra low rates or end its bond purchase program.”
The Dow, Nasdaq, and S&P traded mixed on mostly disappointing earnings reports.
Among the big names making news in the market today were Qualcomm, Starbucks, Pinduodauo, SuperValu, Ford, and Facebook.
Victor Sperandeo: The rules of the bond game
Alasdair Macleod: Valuing gold in a world awash with dollars
Jim Rickards: Prepare for a Chinese maxi-devaluation
Ex-Deutsche Bank traders charged in expanding spoofing probe
As of close of business: 7/25/2018
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 2.356 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 262.22: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,211.41: -20.48 change from yesterday’s data.
Newmont’s (NEM) second quarter results and acquired stake in the Galore Creek Partnership from NovaGold (NG), New Gold’s (NGD) second quarter results, and Coeur’s (CDE) exploration update were among the big stories in the gold and silver mining industry making headlines today.
EMX +2.46% $1.25
NSU +2.20% $3.71
3. Gold Standard
GSV +1.84% $1.66
1. New Gold
NGD -19.89% $1.45
CDE -8.84% $7.32
HL -8.22% $3.24
Winners & Losers tracks NYSE listed gold and silver mining stocks that trade over $1.
- Chris Mullen, Gold Seeker Report
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-- Published: Thursday, 26 July 2018 | E-Mail | Print | Source: GoldSeek.com