-- Published: Monday, 15 October 2018 | Print | Disqus
| Close | Gain/Loss |
Gold | $1225.40 | +$7.40 |
Silver | $14.69 | +$0.08 |
XAU | 70.45 | +1.70% |
HUI | 155.88 | +1.68% |
GDM | 557.90 | +1.37% |
JSE Gold | 1252.10 | +97.79 |
USD | 95.08 | -0.20 |
Euro | 115.81 | +0.22 |
Yen | 89.21 | +0.03 |
Oil | $71.78 | +$0.44 |
10-Year | 3.154% | +0.001 |
T-Bond | 138.4375 | -0.28125 |
Dow | 25250.55 | -0.35% |
Nasdaq | 7430.74 | -0.88% |
S&P | 2750.79 | -0.59% |
The Metals:
Gold gained $15.30 to $1233.30 in Asia before it chopped back lower in London and New York, but it still ended with a gain of 0.61%. Silver rose to as high as $14.773 and ended with a gain of 0.55%.
Euro gold climbed above €1058, platinum gained $7 to $844, and copper fell 3 cents to about $2.78.
Gold and silver equities rose over 3% in the first 45 minutes of trade before they drifted back lower into the close, but they still ended almost 2% higher on the day.
The Economy:
U.S. retail sales increase modestly; consumer spending strong Reuters
The IMF is not pessimistic enough — and that’s bad news for investors MarketWatch
U.S. budget deficit jumps to $779 billion MarketWatch
Tomorrow brings Industrial production, Capacity utilization, Job openings, and the Home builders' index.
The Markets:
Oil rose over tensions with Saudi Arabia.
The U.S. dollar index fell on disappointing economic data.
Treasuries held near unchanged while the Dow, Nasdaq, and S&P traded mostly lower on geopolitical concerns.
Among the big names making news in the market today were Fidelity, Disney, Yeti, and Sears.
GATA Posts:
Goldman Sachs' seedy underbelly exposed in shocking tapes
Crypto markets roiled as traders question Tether's dollar peg
Join GATA in New Orleans in November and you can't lose
Desperate Zimbabwe needs only to mine its gold and make its currency convertible
China suggests that it's done devaluing yuan
Battle for big Canadian gold mine flares up anew
Chile's environmental court orders Barrick to close Pascua-Lama gold mine
The Statistics:
As of close of business: 10/12/2018
Gold Warehouse Stocks: | 8,101,521.184 | -32.151 |
Silver Warehouse Stocks: | 288,177,816.080 | +492,336.169 |
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 | 744.639 | 23,940,897 | US$29,441m |
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$5,453m |
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$6,021m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$440m |
Note: Change in Total Tonnes from yesterday’s data: SPDR added 5.645 tonnes.
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:
First Majestic’s (AG) third quarter production, Endeavour Silver’s (EXK) VP appointment, and Avino’s (ASM) third quarter production were among the big stories in the gold and silver mining industry making headlines today.
WINNERS
1. Gold Resource | GORO +9.41% $6.28 |
2. DRDGOLD | DRD +8.12% $2.53 |
3. Gold Fields | GFI +6.45% $2.97 |
LOSERS
1. Gold Standard | GSV -5.03% $1.70 |
2. Seabridge | SA -1.86% $14.23 |
3. Silvercorp | SVM -1.74% $2.26 |
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, 15 October 2018 | E-Mail | Print | Source: GoldSeek.com
Gold Seeker Closing Report: Gold and Silver Gain While Stocks Drop Again
