-- Published: Monday, 1 October 2018 | Print | Disqus
| Close | Gain/Loss |
Gold | $1189.60 | -$2.10 |
Silver | $14.49 | -$0.13 |
XAU | 65.14 | -0.06% |
HUI | 141.29 | +0.16% |
GDM | 516.25 | +0.11% |
JSE Gold | 996.29 | +0.01 |
USD | 95.28 | +0.13 |
Euro | 115.78 | -0.34 |
Yen | 87.86 | -0.30 |
Oil | $75.30 | +$2.05 |
10-Year | 3.093% | +0.038 |
T-Bond | 139.78125 | -0.71875 |
Dow | 26651.21 | +0.73% |
Nasdaq | 8037.30 | -0.11% |
S&P | 2924.59 | +0.36% |
The Metals:
Gold dropped $7.10 to $1184.60 in Asia before it to jumped up to $1192.10 in London and then fell back off into midmorning in New York, but it then bounced back higher into the close and ended with a loss of just 0.18%. Silver slipped to as low as $14.379 and ended with a loss of 0.89%.
Euro gold rose above €1027, platinum gained $5 to $819, and copper dropped 2 cents to about $2.78.
Gold and silver equities waffled near unchanged and ended mostly higher.
The Economy:
In Trump win, Canada, U.S. deal saves NAFTA as trilateral pact Reuters
ISM manufacturing index in September falls slightly on concerns over tariffs, supply issues MarketWatch
U.S. Factory Gains Cool to Still-Solid Pace as Bottlenecks Ease Bloomberg
U.S. housing market faces '5-percent' test Reuters
U.S. construction spending edges up; private outlays fall Reuters
Tomorrow brings fedspeak.
The Markets:
Oil rose nearly 3% and the U.S. dollar index traded mostly higher while treasuries fell on optimism over this weekend’s NAFTA deal that sent the Dow, Nasdaq, and S&P mostly higher.
Among the big names making news in the market today were Groupon, GE, and Tesla.
GATA Posts:
Poland buys gold for first time in 20 years
Barrick seeks 'distinctive and preferred relationship with China'
The Statistics:
As of close of business: 9/28/2018
Gold Warehouse Stocks: | 8,330,689.966 | -884.925 |
Silver Warehouse Stocks: | 289,724,976.064 | +43,748.91 |
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 | 742.232 | 23,863,511 | US$28,372m |
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$5,278m |
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$5,834m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$427m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 267.59: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,358.91: No change from yesterday’s data.
The Miners:
Barrick’s (ABX) share purchases and Comstock’s (LODE) award were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Paramount | PZG +5.66% $1.12 |
2. Sibanye | SBGL +2.01% $2.54 |
3. Kinross | KGC +1.85% $2.75 |
LOSERS
1. Americas Silver | USAS -5.92% $2.22 |
2. Gold Standard | GSV -4.65% $1.64 |
3. Endeavour Silver | EXK -3.46% $2.23 |
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, 1 October 2018 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Edge Lower
