-- Published: Friday, 17 August 2018 | Print | Disqus
| Close | Gain/Loss | On Week |
Gold | $1184.20 | +$10.60 | -2.25% |
Silver | $14.81 | +$0.17 | -3.33% |
XAU | 65.92 | +2.57% | -10.76% |
HUI | 142.43 | +2.48% | -10.94% |
GDM | 519.42 | +2.02% | -9.39% |
JSE Gold | 931.49 | -15.01 | -15.40% |
USD | 96.12 | -0.50 | -0.24% |
Euro | 114.42 | +0.68 | +0.25% |
Yen | 90.57 | +0.22 | +0.38% |
Oil | $65.91 | +$0.45 | -2.54% |
10-Year | 2.862% | UNCH | -0.31% |
Bond | 144.6875 | +0.15625 | +0.24% |
Dow | 25669.32 | +0.43% | +1.41% |
Nasdaq | 7816.33 | +0.13% | -0.29% |
S&P | 2850.13 | +0.33% | +0.59% |
The Metals:
Gold chopped higher throughout most of world trade and ended near its last-minute high of $1184.40 with a gain of 0.9%. Silver rose to as high as $14.80 and ended with a gain of 1.16%.
Euro gold climbed above €1035, platinum gained $11 to $788, and copper climbed 5 cents to about $2.67.
Gold and silver equities gained roughly 2% in the first half hour of trade and remained near that level for the rest of the day.
The Economy:
U.S. consumer sentiment hits 11-month low, inflation in focus Reuters
Blistering U.S. economy still surging at midsummer, leading index shows MarketWatch
Fed's Powell may use Jackson Hole speech to discuss potential trouble ahead MarketWatch
Recession indicators are flashing a yellow ‘caution’ signal, Pimco says MarketWatch
The Markets:
Oil rose almost 1% and the U.S. dollar index fell on continued optimism about upcoming trade talks with China that held treasuries near unchanged and sent the Dow, Nasdaq, and S&P higher.
Among the big names making news in the market Friday were DoorDash, TiVo, Nvidia, Teva, and Tesla.
GATA Posts:
GATA Chairman Murphy explains his organization's struggle
Keith Weiner: Bond paying interest in gold would confirm metal's role as money
GoldCore: Gold's counterintuitive fall may be official intervention
Perth Mint launches first government-backed gold ETF
The Statistics:
Activity from: 8/16/2018
Gold Warehouse Stocks: | 8,469,024.087 | -19,636.39 |
Silver Warehouse Stocks: | 287,566,814.954 | +214,647.079 |
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 | 773.413 | 24,866,016 | US$29,296m |
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$424m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 1.178 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 261.37: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,236.28: +58.50 change from yesterday’s data.
The Miners:
WINNERS
1. EMX Royalty | EMX +7.62% $1.13 |
2. DRDGOLD | DRD +5.94% $2.14 |
3. Endeavour Silver | EXK +5.26% $2.20 |
LOSERS
1. Paramount | PZG -3.11% $1.09 |
2. Seabridge | SA -2.20% $11.10 |
3. Gold Standard | GSV -1.39% $1.42 |
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, 17 August 2018 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Weekly Wrap-Up: Gold and Silver Fall Over 2% and 3% on the Week
