-- Published: Friday, 12 October 2018 | Print | Disqus
| Close | Gain/Loss | On Week |
Gold | $1218.00 | -$4.70 | +1.24% |
Silver | $14.61 | +$0.06 | -0.14% |
XAU | 69.28 | -0.99% | +5.79% |
HUI | 153.30 | -0.59% | +6.88% |
GDM | 550.27 | +0.04% | +6.05% |
JSE Gold | 1154.31 | -1.65 | +10.59% |
USD | 95.28 | +0.26 | -0.36% |
Euro | 115.59 | -0.39 | +0.30% |
Yen | 89.18 | -0.03 | +1.43% |
Oil | $71.34 | +$0.37 | -4.04% |
10-Year | 3.153% | +0.009 | -2.66% |
Bond | 138.46875 | -0.375 | +0.93% |
Dow | 25339.99 | +1.15% | -4.19% |
Nasdaq | 7496.89 | +2.29% | -3.74% |
S&P | 2767.13 | +1.42% | -4.10% |
The Metals:
Gold dipped $6.80 to $1215.90 in Asia before it climbed up to $1223.30 in London and then drifted back lower in morning New York trade, but it ended with a loss of just 0.38%. Silver chopped between $14.525 and $14.702 and ended with a gain of 0.41%.
Euro gold remained near €1054, platinum gained $17 to $837, and copper climbed 4 cents to about $2.81.
Gold and silver equities fell over 3% in the first 90 minutes of trade, but they then bounced back higher into the close and ended mixed on the day.
The Economy:
U.S.-China trade talks must cover currency, U.S. Treasury chief says Reuters
October consumer sentiment falls shy of expectations, but confidence in economic policy is at a 15-year high CNBC
U.S. import prices jump 0.5% in September on fuel costs MarketWatch
The Markets:
Oil bounced back from yesterday’s losses along with the U.S. dollar index and treasuries edged lower as the Dow, Nasdaq, and S&P rebounded from this week’s notable pullback.
Among the big names making news in the market Friday were Ford, Citigroup, Anaplan, JPMorgan, Wells Fargo, PNC, and Sears.
GATA Posts:
Ronan Manly: Skepticism reigns about true state of China's gold reserves
The Statistics:
Activity from: 10/11/2018
Gold Warehouse Stocks: | 8,101,553.335 | -37,808.40 |
Silver Warehouse Stocks: | 287,685,479.911 | -389,530.211 |
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 | 738.994 | 23,759,400 | US$28,967m |
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$5,414m |
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$5,984m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$437m |
Note: No change in Total Tonnes from yesterday’s data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 268.64: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,354.73: No change from yesterday’s data.
The Miners:
McEwen’s (MUX) third quarter production results, Golden Arrow’s (GRG.V) operations report, and Great Panther’s (GPL) third quarter production results were among the big stories in the gold and silver mining industry making headlines Friday.
WINNERS
1. Gold Resource | GORO +3.99% $5.74 |
2. Seabridge | SA +3.35% $14.50 |
3. Paramount | PZG +2.78% $1.11 |
LOSERS
1. DRDGOLD | DRD -3.70% $2.34 |
2. Freeport | FCX -3.34% $12.74 |
3. Wheaton | WPM-3.28% $17.38 |
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, 12 October 2018 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Weekly Wrap-Up: Gold Gains Over 1% on the Week While Stocks Drop 4%
