Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

Gold Seeker Closing Report: Gold and Silver Gain with Oil
By: Chris Mullen, Gold Seeker Report

Gold Stocks Remain in Downtrend but Uranium Stocks on the Cusp of New Bull Market
By: Jordan Roy-Byrne CMT, MFTA

Sunsets in the Land of U.S. Dollar Hegemony
By: Michael Ballanger

Precious Metals Sector: It’s 2013 All Over Again
By: Przemyslaw Radomski, CFA

Rugby Initiates Drilling at San Antonio Gold Project, Colombia
By: Rugby Mining Limited

Merk Research - US Equity Markets
By: Merk Research

Silver Looks Poised To Move Soon
By: Hubert Moolman

Which Precious Metals Are Likely To Be Better Investments During The Next Market Crash?
By: Steve St. Angelo

Wall Street Keeps Cool As Tariff Threat Grows
By: Rick Ackerman

Silver Guru Video: “The End of Empire and End of Fiat Currencies”
By: GoldCore

 
Search

GoldSeek Web

 
Gold Seeker Closing Report: Gold and Silver Fall Again
By: Chris Mullen, Gold Seeker Report

 -- Published: Monday, 6 August 2018 | Print  | Disqus 

 

Close

Gain/Loss

Gold

$1207.50

-$6.00

Silver

$15.30

-$0.12

XAU

75.20

-1.17%

HUI

162.77

-1.16%

GDM

583.25

-0.75%

JSE Gold

1064.64

-12.65

USD

95.37

+0.20

Euro

115.54

-0.17

Yen

89.77

-0.13

Oil

$69.01

+$0.52

10-Year

2.943%

-0.009

T-Bond

143.125

+0.15625

Dow

25502.18

+0.16%

Nasdaq

7859.68

+0.61%

S&P

2850.40

+0.35%

 
http://www.goldseek.com/news/2018/2018-08-06_15-07-27.jpg

 

The Metals:

 

Gold dropped $6.10 to $1207.40 in London before it bounced back towards unchanged in morning New York trade, but it then fell back off into the close and ended with a loss of 0.49%. Silver slipped to as low as $15.29 and ended with a loss of 0.78%.

 

Euro gold fell to about €1045, platinum lost $7 to $822, and copper dropped 3 cents to about $2.72.

 

Gold and silver equities drifted lower in afternoon trade and ended roughly 1% lower on the day.

 

The Economy:

 

Renewed U.S. sanctions target Iran's economy, Tehran cool on talks  Reuters

Trump Restores Iran Sanctions as Rouhani Feels Economic Pressure  Bloomberg

Warren Buffett's favorite metric suggests some serious pain awaits investors  MarketWatch

 

Tomorrow brings Job openings and Consumer credit.

 

The Markets:

 

Oil rose almost 1% on concerns about Iran.

 

The U.S. dollar index edged up with treasuries while the Dow, Nasdaq, and S&P climbed higher on strong earnings reports.

 

Among the big names making news in the market today were Newell Brands, Berkshire, Bemis, Pepsi, SeaWorld, and Linde.

 

GATA Posts:

 

 

Iranians hoard gold ahead of renewed U.S. sanctions

Egon von Greyerz at KWN: Terror of 2008 will return but much worse

 

The Statistics:

As of close of business: 8/3/2018

Gold Warehouse Stocks:

8,641,419.507

-

Silver Warehouse Stocks:

286,399,719.906

+298,164.513

 

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

794.895

25,556,664

US$30,902m

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$433m

Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 2.061 tonnes.

 

COMEX Gold Trust (IAU) Total Tonnes in Trust: 262.16: No change from yesterday’s data.

 

Silver Trust (SLV) Total Tonnes in Trust: 10,274.31: +32.18 change from yesterday’s data.

 

The Miners:

 

WINNERS

1.  Great Panther

GPL +2.78% $1.11

2.  Silvercorp

SVM +2.17% $2.83

3.  Paramount

PZG +1.79% $1.14

 

LOSERS

1.  Pretivm

PVG -3.97% $7.75

2.  Alexco

AXU -3.23% $1.20

3.  Eurasian

EMX -3.13% $1.24

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, 6 August 2018 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2018



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.