-- Published: Friday, 5 October 2018 | Print | Disqus
| Close | Gain/Loss | On Week |
Gold | $1203.10 | +$3.80 | +0.96% |
Silver | $14.63 | +$0.05 | +0.07% |
XAU | 65.49 | -0.66% | +0.48% |
HUI | 143.43 | -0.56% | +1.67% |
GDM | 518.86 | -0.58% | +0.64% |
JSE Gold | 1043.80 | -2.55 | +4.77% |
USD | 95.62 | -0.14 | +0.49% |
Euro | 115.25 | +0.11 | -0.75% |
Yen | 87.92 | +0.06 | -0.27% |
Oil | $74.34 | +$0.01 | +1.49% |
10-Year | 3.239% | +0.049 | +6.02% |
Bond | 137.1875 | -0.71875 | -2.40% |
Dow | 26447.05 | -0.68% | -0.04% |
Nasdaq | 7788.44 | -1.16% | -3.21% |
S&P | 2885.57 | -0.55% | -0.97% |
The Metals:
Gold dipped $2 to $1197.30 in Asia before it climbed up to $1205.80 at about 10AM EST and then drifted back lower into midday, but it then edged back higher in late trade and ended with a gain of 0.32%. Silver chopped between $14.516 and $14.712 and ended with a gain of 0.34%.
Euro gold rose above €1044, platinum lost $1 to $821, and copper lost 2 cents to about $2.75.
Gold and silver equities jumped roughly 1% higher at the open, but they then fell back off for most of the rest of trade and ended modestly lower on the day.
The Economy:
Consumer Credit in U.S. Increased More Than Forecast in August Bloomberg
U.S. job growth cools; unemployment rate falls to 3.7 percent Reuters
US trade deficit keeps going up despite tariffs CNBC
The Markets:
Oil edged higher on continued concerns about Iran.
The U.S. dollar index fell after this morning’s disappointing headline jobs number.
Treasuries fell on rising inflation fears that sent interest rates higher and the Dow, Nasdaq, and S&P roughly 1% lower.
Among the big names making news in the market Friday were Tesla, JP Morgan, Danske, Orchard Therapeutics, and Costco.
GATA Posts:
Gold cascades out of Singapore to poor Cambodia, probably for smuggling into Vietnam
The Statistics:
Activity from: 10/4/2018
Gold Warehouse Stocks: | 8,160,889.574 | -160,750.00 |
Silver Warehouse Stocks: | 288,201,485.709 | +1,019,539.848 |
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 | 731.637 | 23,522,860 | US$28,306m |
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$5,337m |
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$5,898m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$431m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 268.82: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,372.26: -40.92 change from yesterday’s data.
The Miners:
WINNERS
1. NovaGold | NG +2.02% $4.04 |
2. Gold Standard | GSV +1.74% $1.75 |
3. DRDGOLD | DRD +1.63% $2.49 |
LOSERS
1. EMX Royalty | EMX -5.67% $1.33 |
2. Silvercorp | SVM -3.36% $2.30 |
3. Pretivm | PVG -3.21% $8.15 |
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, 5 October 2018 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Weekly Wrap-Up: Gold and Silver Gain With Dollar and Oil on the Week While Stocks and Bonds Fall
