-- Published: Friday, 7 September 2018 | Print | Disqus
| Close | Gain/Loss | On Week |
Gold | $1196.10 | -$3.60 | -0.25% |
Silver | $14.15 | -$0.01 | -2.48% |
XAU | 63.04 | +0.21% | -4.83% |
HUI | 136.23 | +0.63% | -4.89% |
GDM | 498.25 | +0.31% | -3.72% |
JSE Gold | 1018.76 | -6.68 | +2.26% |
USD | 95.39 | +0.33 | +0.32% |
Euro | 115.61 | -0.65 | -0.39% |
Yen | 90.15 | +0.09 | +0.07% |
Oil | $67.75 | -$0.02 | -2.94% |
10-Year | 2.936% | +0.056 | +2.59% |
Bond | 143.34375 | -1.03125 | -0.95% |
Dow | 25916.54 | -0.31% | -0.19% |
Nasdaq | 7902.54 | -0.25% | -2.55% |
S&P | 2871.68 | -0.22% | -1.03% |
The Metals:
Gold gained $2.60 to $1202.30 in London before it dropped down to $1193.50 at about 9AM EST and then bounced back higher into midday, but it still ended with a loss of 0.3%. Silver slipped to as low as $14.078 and ended with a loss of 0.07%.
Euro gold rose above €1035, platinum lost $11 to $778, and copper fell 2 cents to about $2.61.
Gold and silver equities waffled near unchanged and ended slightly higher.
The Economy:
U.S. adds 201,000 jobs as worker wages accelerate to nine-year high MarketWatch
Trump says tariffs on another $267 billion in China goods ready to go CNBC
U.S. services data suggests upward revision to second-quarter GDP Reuters
Reforms haven't eliminated risk of another Lehman-type failure MarketWatch
The Markets:
Oil struggled to find gains as the U.S. dollar index rose and treasuries fell on strong jobs data.
The Dow, Nasdaq, and S&P traded mostly lower on trade concerns.
Among the big names making news in the market Friday were Third Point, Tesla, and Mattel.
GATA Posts:
Deutsche Bank's top investor, a Chinese conglomerate, told to dump its stake
The Statistics:
Activity from: 9/6/2018
Gold Warehouse Stocks: | 8,378,763.816 | -1,286.00 |
Silver Warehouse Stocks: | 296,311,927.463 | +1,016,099.104 |
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 | 746.915 | 24,014,062 | US$28,778m |
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$5,320m |
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$5,878m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$429m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 264.67: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,348.67: +93.57 change from yesterday’s data.
The Miners:
Turquoise Hill’s (TRQ) board appointment and Excellon’s (EXN.TO) filed technical report were among the big stories in the gold and silver mining industry making headlines Friday.
WINNERS
1. Tahoe Resources | TAHO +9.23% $2.84 |
2. Americas Silver | USAS +6.13% $2.25 |
3. Alexco | AXU +2.94% $1.05 |
LOSERS
1. Freeport | FCX -2.87% $13.18 |
2. Turquoise | TRQ -2.69% $2.17 |
3. B2Gold | BTG -2.60% $2.25 |
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, 7 September 2018 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Weekly Wrap-Up: Gold and Silver End Slightly Lower on the Week
