-- Published: Monday, 27 August 2018 | Print | Disqus
| Close | Gain/Loss |
Gold | $1210.30 | +$4.70 |
Silver | $14.88 | +$0.07 |
XAU | 68.79 | +1.63% |
HUI | 149.19 | +1.62% |
GDM | 537.42 | +1.79% |
JSE Gold | 977.34 | +26.23 |
USD | 94.76 | -0.37 |
Euro | 116.85 | +0.62 |
Yen | 90.15 | +0.12 |
Oil | $68.87 | +$0.15 |
10-Year | 2.848% | +0.035 |
T-Bond | 145.15625 | -0.4375 |
Dow | 26049.64 | +1.01% |
Nasdaq | 8017.90 | +0.91% |
S&P | 2896.74 | +0.77% |
The Metals:
Gold saw modest gains in Asia before it fell back to $1203.30 in London, but it then jumped to as high as $1212.40 in New York and ended with a gain of 0.39%. Silver chopped between $14.747 and $14.914 and ended with a gain of 0.47%.
Euro gold fell to about €1036, platinum gained $13 to $801, and copper climbed a penny to about $2.71.
Gold and silver equities gained nearly 2% in the first 45 minutes of trade and remained near that level for the rest of the day.
The Economy:
Trump announces trade deal with Mexico and says he wants to drop 'Nafta' name MarketWatch
Mexico-U.S. NAFTA agreement close, but item still pending: minister Reuters
Powell sets Fed's course with data-based judgment Reuters
Trade-war tracker: Here are the new levies, imposed and threatened MarketWatch
Tomorrow brings Advance trade in goods, the Case-Shiller home price index, and Consumer confidence.
The Markets:
Oil edged higher and the U.S. dollar index dropped with treasuries as the Dow, Nasdaq, and S&P gained roughly 1% after “the United States and Mexico reached a deal to replace the North American Free Trade Agreement.”
Among the big names making news in the market today were Aegon, Transamerica, Legg Mason, Pfizer, and Tesla.
GATA Posts:
Deutsche Bank merger with Commerzbank considered likely
China suggests it wants no more devaluation of yuan
The Statistics:
As of close of business: 8/24/2018
Gold Warehouse Stocks: | 8,432,741.736 | - |
Silver Warehouse Stocks: | 291,024,737.439 | -73,746.97 |
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 | 764.580 | 24,582,010 | US$29,433m |
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$434m |
Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 2.65 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 261.70: +0.33 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,236.28: No change from yesterday’s data.
The Miners:
WINNERS
1. Harmony | HMY +8.75% $1.74 |
2. Sibanye | SBGL +7.36% $2.48 |
3. First Majestic | AG +6.17% $5.85 |
LOSERS
1. DRDGOLD | DRD -1.41% $2.10 |
2. Gold Standard | GSV -1.20% $1.64 |
3. Nevsun | NSU -0.27% $3.70 |
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, 27 August 2018 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Gain with Stocks
