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 Close Mixed with Stocks
By: Chris Mullen, Gold Seeker Report

The Powers-That-Be Were Everywhere Yesterday
By: Ed Steer

Gold and Silver Price Goals For Year End
By: Craig Hemke

GoldSeek Radio Nugget: Peter Schiff and Chris Waltzek
By: radio.GoldSeek.com

Gold and Global Financial Crisis Redux
By: Jim Willie CB

The Trade War Is Not The Problem With The Global Economy
By: Dave Kranzler

Gold Stock Bulls Gore The Bears
By: Stewart Thomson

Where are we now in the investor cycle?
By: Michael J. Kosares

The Amazing Story of Gold to Gold Stocks Ratios
By: Rambus

A Bad Moon Rising – Over Several Markets
By: Gary Christenson

 
Search

GoldSeek Web

 
Gold Seeker Closing Report: Gold and Silver Close Mixed
By: Chris Mullen, Gold Seeker Report

 -- Published: Monday, 10 September 2018 | Print  | Disqus 

 

Close

Gain/Loss

Gold

$1195.50

-$0.60

Silver

$14.17

+$0.02

XAU

61.92

-1.76%

HUI

133.98

-1.65%

GDM

490.63

-1.62%

JSE Gold

1010.15

-8.61

USD

95.16

-0.23

Euro

115.97

+0.36

Yen

89.97

-0.18

Oil

$67.54

-$0.21

10-Year

2.937%

+0.001

T-Bond

143.46875

+0.125

Dow

25857.07

-0.23%

Nasdaq

7924.16

+0.27%

S&P

2877.13

+0.19%

 
http://www.goldseek.com/news/2018/2018-09-10_14-02-35.jpg

 

The Metals:

 

Gold fell $4.40 to $1191.70 in London before it rallied up to $1198.50 by midmorning in New York, but it then edged back lower into the close and ended with a loss of 0.05%. Silver chopped between $14.076 and $14.247 and ended with a gain of 0.14%.

 

Euro gold fell to about €1031, platinum gained $3.50 to $781.50, and copper remained at about $2.61.

 

Gold and silver equities drifted lower throughout trade and ended with almost 2% losses on the day.

 

The Economy:

 

Fed's Rosengren says yield curve is not an important indicator  MarketWatch

China vows to respond if U.S. takes new steps on trade  Reuters

Mortgage rates tick up again as Fannie, Freddie start a second decade in limbo  MarketWatch

 

Tomorrow brings Job openings and Wholesale inventories.

 

The Markets:

 

Oil reversed early gains and ended modestly lower “on growing concerns that storms churning in the Atlantic will hurt energy demand on the U.S. East Coast.”

 

The U.S. dollar index traded mostly lower and treasuries edged higher ahead of this week’s Bank of England and ECB meetings.

 

The Dow, Nasdaq, and S&P held near unchanged as trade uncertainty was offset by hopes for tax cuts.

 

Among the big names making news in the market today were Hovnanian, Nike, Fred’s, Alibaba, VW, and CBS.

 

GATA Posts:

 

 

Pristine 5th-century gold coins found under Italian theater

Huge gold nuggets could save mining town in western Australia

When will Bloomberg do a story about the human costs of gold price suppression?

GATA Chairman Murphy discusses gold cartel in interview with Portfolio Wealth Global

Financial Times explains why it can't report gold price rigging

 

The Statistics:

As of close of business: 9/7/2018

Gold Warehouse Stocks:

8,378,763.816

-

Silver Warehouse Stocks:

296,236,449.099

-75,478.364

 

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

745.443

23,966,736

US$28,665m

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$5,315m

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: Change in Total Tonnes from yesterday’s data: SPDR subtracted 1.472 tonnes.

 

COMEX Gold Trust (IAU) Total Tonnes in Trust: 263.93: -0.74 change from yesterday’s data.

 

Silver Trust (SLV) Total Tonnes in Trust: 10,348.67: No change from yesterday’s data.

 

The Miners:

 

Tanzanian Royalty’s (TRX) shelf registration statement, Newmont’s (NEM) investment in Orosur mining, and First Majestic’s (AG) option agreements were among the big stories in the gold and silver mining industry making headlines today.

 

WINNERS

1.  Alexco

AXU +3.81% $1.09

2.  Pretivm

PVG +2.95% $7.32

3.  DRDGOLD

DRD +2.87% $2.15

 

LOSERS

1.  Tahoe Resources

TAHO -5.63% $2.68

2.  Pan American

PAAS-3.88%$14.38

3.  Paramount

PZG -3.81% $1.01

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, 10 September 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 - 2019



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


Map

The views contained here may not represent the views of GoldSeek.com, Gold Seek LLC, its affiliates or advertisers. GoldSeek.com, Gold Seek LLC 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, Gold Seek LLC, is strictly prohibited. In no event shall GoldSeek.com, Gold Seek LLC or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.