Gold Seeker Weekly Wrap-Up: Gold and Silver Find Slight Losses on the Week
| Close | Gain/Loss | On Week |
Gold | $1199.10 | -$1.10 | -0.54% |
Silver | $14.51 | -$0.05 | -2.03% |
XAU | 66.24 | %4-0.2 | -2.13% |
HUI | 143.23 | -0.29% | -2.44% |
GDM | 517.50 | -0.67% | -1.98% |
JSE Gold | 996.21 | +24.51 | +4.74% |
USD | 95.09 | +0.44 | -0.04% |
Euro | 116.06 | -0.69 | -0.15% |
Yen | 90.09 | -0.09 | +0.07% |
Oil | $69.80 | -$0.45 | +1.57% |
10-Year | 2.862% | -0.003 | +1.74% |
Bond | 144.71875 | -0.25 | -0.77% |
Dow | 25964.82 | -0.09% | +0.68% |
Nasdaq | 8109.54 | +0.26% | +2.06% |
S&P | 2901.52 | +0.01% | +0.93% |
The Metals:
Gold gained $8.60 to $1208.80 in Asia, but it then chopped back lower in London and New York and ended with a loss of 0.09%. Silver slipped to as low as $14.487 and ended with a loss of 0.34%.
Euro gold rose above EUR1033, platinum lost $7 to $783, and copper dropped a few cents to about $2.64.
Gold and silver equities waffled near unchanged and ended slightly lower.
Consumer sentiment edges up in August but remains at lowest level since January CNBC
Chicago PMI falls to 63.6 in August from 65.5 in July MarketWatch
Bernanke, Geithner and Paulson 'have invented alternative history' of Lehman collapse, professor says MarketWatch
The Markets:
Oil fell as the U.S. dollar index rose and treasuries traded mixed on uncertainty over trade talks that held the Dow, Nasdaq, and S&P near unchanged.
Among the big names making news in the market Friday were Lululemon, Big Lots, Coca-Cola, Cronos, and Amazon.
GATA Posts:
CFTC orders BNP Paribas to pay $90 million penalty for rate-rigging
Russian lawmaker suggests gold-linked cryptocurrency for weapons exports
The Statistics:
Activity from: 8/30/2018
Gold Warehouse Stocks: | 8,430,566.702 | - |
Silver Warehouse Stocks: | 294,207,451.965 | +1,221,049.63 |
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(R) Gold Shares | 757.808 | 24,364,288 | US$29,287m |
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierb?rse (Deutsche B?rse - Xetra) | Gold Bullion Securities | 138.13 | 4,441,056 | US$5,424m |
London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierb?rse (Deutsche B?rse - Xetra) AND NYSE Euronext Amsterdam | ETFS Physical Gold | 152.66 | 4,908,200 | US$6,007m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$431m |
Note: Change in Total Tonnes from yesterday's data: SPDR subtracted 2.061 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 263.52: No change from yesterday's data.
Silver Trust (SLV) Total Tonnes in Trust: 10,259.67: +23.39 change from yesterday's data.
Goldcorp's (GG) dividend and Randgold's (GOLD) total voting rights were among the big stories in the gold and silver mining industry making headlines Friday.
WINNERS
1. Sibanye | SBGL +2.16% $2.36 |
2. Americas Silver | USAS +2.11% $2.42 |
3. First Majestic | AG +1.65% $5.56 |
LOSERS
1. Paramount | PZG -6.36% $1.03 |
2. EMX Royalty | EMX -5.00% $1.14 |
3. Pretivm | PVG -2.81% $8.29 |
Winners & Losers tracks NYSE listed gold and silver mining stocks that trade over $1.
- Chris Mullen, Gold Seeker Report
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