-- Published: Tuesday, 9 October 2018 | Print | Disqus
Gold edged up to $1191.80 in Asia before it dropped back to $1183.50 at about 9:45AM EST, but it then chopped back higher into the close and ended with a gain of 0.1%. Silver sloshed between $14.436 and $14.269 and ended with a gain of 0.07%.
Euro gold rose above €1035, platinum gained $3 to $821, and copper climbed 4 cents to about $2.80.
Gold and silver equities fell over 2% in the first 20 minutes of trade before they rebounded at times, but they still ended roughly 1.5% lower on the day.
Rising yields suggests 'conflicting factors' over U.S. growth: Fed's Kaplan Reuters
10-year U.S. Treasury yield pushes back above 3.25% for first time since 2011 MarketWatch
IMF cuts world economic growth forecasts on tariff war, emerging market strains Reuters
Small-business sentiment retreats from 45-year high, NFIB says MarketWatch
Tomorrow brings PPI and Wholesale inventories.
Oil rose almost 1% on infrastructure concerns over Hurricane Michael.
The U.S. dollar index erased notable early gains and ended lower as the yen edged higher on safe haven demand.
Treasuries found decent gains on signs of economic weakness that held the Dow, Nasdaq, and S&P mixed and near unchanged.
Among the big names making news in the market today were Google, Microsoft, Chevron, and Affimed.
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As of close of business: 10/8/2018
Gold Warehouse Stocks:
Silver Warehouse Stocks:
Global Gold ETF Holdings
[WGC Sponsored ETF’s]
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
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra)
Gold Bullion Securities
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) AND NYSE Euronext Amsterdam
ETFS Physical Gold
Australian Stock Exchange (ASX)
Gold Bullion Securities
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 269.54: +0.72 change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,354.73: -17.53 change from yesterday’s data.
Pretivm’s (PVG) production update, Royal Gold’s (RGLD) fiscal update, Buenaventura’s (BVN) third quarter production, and Sandstorm’s (SAND) asset update were among the big stories in the gold and silver mining industry making headlines today.
1. Americas Silver
USAS +3.60% $2.30
NG +1.27% $3.99
3. Tahoe Resources
TAHO +0.70% $2.86
PVG -9.93% $7.26
FSM -4.74% $4.22
SVM -4.56% $2.30
Winners & Losers tracks NYSE listed gold and silver mining stocks that trade over $1.
- Chris Mullen, Gold Seeker Report
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-- Published: Tuesday, 9 October 2018 | E-Mail | Print | Source: GoldSeek.com