-- Published: Friday, 3 August 2018 | Print | Disqus
| Close | Gain/Loss | On Week |
Gold | $1213.50 | +$4.40 | -0.79% |
Silver | $15.42 | +$0.09 | -0.45% |
XAU | 76.09 | +0.92% | -0.91% |
HUI | 164.68 | +0.84% | -0.59% |
GDM | 587.59 | +0.51% | -0.90% |
JSE Gold | 1077.29 | +5.79 | +4.42% |
USD | 95.17 | +0.02 | +0.54% |
Euro | 115.71 | -0.19 | -0.76% |
Yen | 89.90 | +0.26 | -0.30% |
Oil | $68.49 | -$0.47 | -0.29% |
10-Year | 2.952% | -0.031 | -0.20% |
Bond | 142.96875 | +0.53125 | +0.07% |
Dow | 25462.58 | +0.54% | +0.05% |
Nasdaq | 7812.01 | +0.12% | +0.96% |
S&P | 2840.35 | +0.46% | +0.76% |
The Metals:
Gold dipped $4.40 to $1204.70 in Asia before it climbed up to $1220.00 by late morning in New York and then drifted back lower into the close, but it still ended with a gain of 0.36%. Silver rose to as high as $15.549 and ended with a gain of 0.59%.
Euro gold climbed above €1048, platinum gained $7 to $829, and copper climbed 3 cents to about $2.75.
Gold and silver equities rose roughly 2% in the first 90 minutes of trade before they fell back off into the close, but they still ended with modest gains on the day.
The Economy:
Services sector activity misses expectations in July, but still shows expansion CNBC
U.S. gains 157,000 jobs in July as unemployment falls to 3.9% MarketWatch
U.S. trade gap widens amid Trump's tariff battle CNBC
The Markets:
Oil fell almost 1% on signs of growing global production.
The U.S. dollar index chopped near unchanged while treasuries rose along with the Dow, Nasdaq, and S&P on positive earnings reports.
Among the big names making news in the market Friday were Take-Two, Groupon, Kraft Heinz, Deutsche Bank, AIG, and Dish.
GATA Posts:
Up to the Yukon, in search of his grandfather's gold
Gold set for violent spike up, Maguire tells KWN
Ambrose Evans-Pritchard: China playing with fire in battle with Trump
Investors want Australian gold producers to buy their U.S. rivals
The Statistics:
Activity from: 8/2/2018
Gold Warehouse Stocks: | 8,641,419.507 | -5,075.737 |
Silver Warehouse Stocks: | 286,101,555.393 | +2,492,780.03 |
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 | 796.956 | 25,622,946 | US$31,153m |
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$5,424m |
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$6,007m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$435m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 262.16: -0.06 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,242.13: -0.38 change from yesterday’s data.
The Miners:
WINNERS
1. Silvercorp | SVM +5.73% $2.77 |
2. Alexco | AXU +4.20% $1.24 |
3. Eurasian | EMX +4.07% $1.28 |
LOSERS
1. Alamos | AGI -4.04% $5.23 |
2. DRDGOLD | DRD -3.72% $2.33 |
3. Great Panther | GPL -2.70% $1.08 |
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, 3 August 2018 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Weekly Wrap-Up: Gold and Silver End Slightly Lower on the Week
