LIVE Gold Prices $  | E-Mail Subscriptions | Update GoldSeek | GoldSeek Radio 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page >> News >> Story  Disclaimer 
Latest Headlines

Technical Scoop Update: Powell in the spotlight, Divergences are popping up everywhere, Gold rose on Fed rate cut expectations
By: David Chapman

Wrong Whale
By: Ted Butler

GoldSeek Radio: Dr. Marc Faber, John Scurci and Robert Ian
By: Chris Waltzek Ph.D., GoldSeek Radio

It’s Been a Great Recession for a Few; Let’s Do it All Again!
By: David Haggith

Ignore the Gold COT's (video update)
By: Gary Savage

How The Fed Affected The Gold Market Last Week
By: Avi Gilburt

Modern Monetary Theory is fact and practice, and market rigging is its consequence
By: Chris Powell, GATA

Precious Metals Update Video: Monthly gold chart showing a breakout fight
By: Ira Epstein

The U.S. Is Not an Economic Island
By: Rick Ackerman, Rick's Picks

BIS' gold swaps rise slightly in June but are down sharply since last year
By: Robert Lambourne


GoldSeek Web

Gold Seeker Closing Report: Gold and Silver Gain Over 1% and 3%
By: Chris Mullen, Gold Seeker Report

 -- Published: Thursday, 1 November 2018 | Print  | Disqus 



















JSE Gold































The Metals:


Gold climbed steadily higher throughout most of world trade and ended near its midafternoon New York high of $1237.40 with a gain of 1.34%. Silver surged to as high as $14.818 and ended with a gain of 3.22%.


Euro gold rose above €1080, platinum gained $16 to $851, and copper climbed 6 cents to about $2.73.


Gold and silver equities rose throughout the day and ended almost 5% higher.


The Economy:


U.S. labor market tightening; manufacturing slowing  Reuters

Mortgage rates slide as echoes of 2006 haunt the housing market  MarketWatch

ISM manufacturing index falls to six-month low in October as price rises, shortages weigh  MarketWatch

Construction spending unchanged in September after strong gain in prior month  MarketWatch

U.S. weekly jobless claims fall; productivity slows in third quarter  Reuters

U.S. productivity pops 2.2% in third quarter, caps best back-to-back gain in four years  MarketWatch

Trump says he and China's Xi Jinping talked about trade amid tariffs  CNBC


Tomorrow brings October’s jobs data, the trade deficit, and factory orders.


The Markets:


Oil fell 2.5% on more signs of increasing supply along with falling demand.


The U.S. dollar index fell markedly on poor economic data that sent treasuries higher ahead of tomorrow’s jobs data. The pound and euro jumped higher on Brexit optimism.


The Dow, Nasdaq, and S&P rose over 1% on trade optimism and steady earnings reports.


Among the big names making news in the market today were Google, Dow Dupont, Tempur Sealy, Spotify, Tesla, Ford, GM, Fiat Chrysler, and New York Times.


GATA Posts:



Slump in rupee pushes India to seek trade settlement in yuan


The Statistics:

As of close of business: 10/31/2018

Gold Warehouse Stocks:



Silver Warehouse Stocks:




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




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 0.883 tonnes.


COMEX Gold Trust (IAU) Total Tonnes in Trust: 272.58: No change from yesterday’s data.


Silver Trust (SLV) Total Tonnes in Trust: 10,217.39: No change from yesterday’s data.


The Miners:


Nevsun’s (NSU) regulatory approval, Gold Fields’ (GFI) upcoming worker strike, and Excellon’s (EXN.TO) third quarter results were among the big stories in the gold and silver mining industry making headlines today.



1.  Turquoise

TRQ +15.2% $1.97

2.  Silvercorp

SVM +8.47% $2.37

3.  Endeavour Silver

EXK +8.12% $2.13



1.  Sibanye

SBGL -9.22% $2.56

2.  Golden Star

GSS -5.41% $3.32

3.  Gold Standard

GSV -4.03% $1.43

Winners & Losers tracks NYSE listed gold and silver mining stocks that trade over $1.


- Chris Mullen, Gold Seeker Report


- Would you like to receive the Free Daily Gold Seeker Report in your e-mail? Click here

Additional Resources for today’s Gold Seeker Report can be found:

© Gold Seeker 2018

Note: This article may be reproduced provided the article, in full, is used and mention to is given.

Disclosure: The owner, editor, writer and publisher and their associates are not responsible for errors or omissions. The author of this report is not a registered financial advisor. Readers should not view this material as offering investment related advice. has taken precautions to ensure accuracy of information provided. Information collected and presented are from what is perceived as reliable sources, but since the information source(s) are beyond’s control, no representation or guarantee is made that it is complete or accurate. The reader accepts information on the condition that errors or omissions shall not be made the basis for any claim, demand or cause for action. Past results are not necessarily indicative of future results. Any statements non-factual in nature constitute only current opinions, which are subject to change. Nothing contained herein constitutes a representation by the publisher, nor a solicitation for the purchase or sale of securities & therefore information, nor opinions expressed, shall be construed as a solicitation to buy or sell any stock, futures or options contract mentioned herein. Investors are advised to obtain the advice of a qualified financial & investment advisor before entering any financial transaction.


| Digg This Article
 -- Published: Thursday, 1 November 2018 | E-Mail  | Print  | Source:

comments powered by Disqus


Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to >> Story

E-mail Page  | Print  | Disclaimer 

© 1995 - 2019 Supports

©, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer


The views contained here may not represent the views of, Gold Seek LLC, its affiliates or advertisers., Gold Seek LLC makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of, Gold Seek LLC, is strictly prohibited. In no event shall, Gold Seek LLC or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.