-- Published: Monday, 22 October 2018 | Print | Disqus
Gold saw slight gains in Asia before it drifted down to $1220.50 by midmorning in New York and then bounced back higher into the close, but it still ended with a loss of 0.29%. Silver slipped to as low as $14.519 and ended with a loss of 0.41%.
Euro gold remained above €1066, platinum lost $13.50 to $818.50, and copper stayed at $2.77.
Gold and silver equities fell over 2% in the first hour of trade before they chopped back higher at times, but they still ended roughly 1% lower on the day.
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Oil turned slightly higher at the close as November’s contract expired and gave way to December.
The U.S. dollar index rose as the euro and pound fell on concerns over Italy’s budget and Brexit.
Treasuries held near unchanged while the Dow, Nasdaq, and S&P traded mixed on earnings uncertainty.
Among the big names making news in the market today were Netflix, Wells Fargo, KKR, and Hasbro.
Equity Management Associates: Reversion to mean would send monetary metals soaring
As of close of business: 10/19/2018
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: Change in Total Tonnes from yesterday’s data: SPDR subtracted 2.942 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 271.39: No change from yesterday’s data.
Silver Trust (SLV) Total Tonnes in Trust: 10,389.79: No change from yesterday’s data.
PVG +1.13% $8.07
FSM +0.98% $4.13
SVM +0.63% $2.39
KGC -3.75% $2.82
IAG -3.52% $3.84
AGI -3.25% $4.46
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, 22 October 2018 | E-Mail | Print | Source: GoldSeek.com