Gold Seeker Closing Report: Gold and Silver Find Slight Losses Again
| Close | Gain/Loss |
Gold | $1275.50 | -$2.90 |
Silver | $16.30 | -$0.14 |
XAU | 81.67 | -0.86% |
HUI | 176.86 | -0.55% |
GDM | 616.26 | -0.70% |
JSE Gold | 1071.97 | +7.06 |
USD | 95.04 | +0.25 |
Euro | 115.84 | -0.37 |
Yen | 91.07 | +0.50 |
Oil | $65.07 | -$0.78 |
10-Year | 2.890% | -0.030 |
T-Bond | 145.125 | +0.71875 |
Dow | 24700.21 | -1.15% |
Nasdaq | 7725.59 | -0.28% |
S&P | 2762.57 | -0.40% |
The Metals:
Gold gained $5.60 to $1284.00 in Asia before it fell back to $1270.60 in London, but it then bounced back higher in New York and ended with a loss of just 0.23%. Silver dipped to as low as $16.237 before it also climbed back higher in New York, but it still ended with a loss of 0.85%.
Euro gold rose above EUR1101, platinum lost $15 to $866, and copper fell 8 cents to about $3.04.
Gold and silver equities waffled near unchanged and ended slightly lower.
U.S. housing starts jump to near 11-year high, permits fall Reuters
Wealth of millionaires surges 10.6% to top $70 trillion for the first time usatoday
Stock-market investors are acting as if a genuine U.S.-China trade war just erupted MarketWatch
Tomorrow brings the Current account and Existing home sales.
The Markets:
Oil fell over 1% on expectations for a production increase from OPEC later this week.
The U.S. dollar index rose along with treasuries as the Dow, Nasdaq, and S&P fell roughly 1% on further escalation of Trump's trade dispute with China.
Among the big names making news in the market today were Snap, Amazon, ZTE, Fender, VW, and Domo.
GATA Posts:
(Yawn) Morgan to pay $65 million for dollar benchmark manipulation
The Statistics:
As of close of business: 6/18/2018
Gold Warehouse Stocks: | 9,013,296.696 | - |
Silver Warehouse Stocks: | 272,172,380.782 | -981.84 |
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 | 828.759 | 26,645,429 | US$33,996m |
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$5,662m |
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$6,261m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$458m |
Note: No change in Total Tonnes from yesterday's data.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 273.66: -3.00 change from yesterday's data.
Silver Trust (SLV) Total Tonnes in Trust: 9,769.30: No change from yesterday's data.
WINNERS
1. Gold Standard | GSV +13.68% $1.33 |
2. Eurasian | EMX +4.55% $1.15 |
3. Sibanye | SBGL +3.32% $2.80 |
LOSERS
1. Freeport | FCX -3.21% $16.26 |
2. Taseko | TGB -2.59% $1.13 |
3. Endeavour Silver | EXK -2.17% $3.16 |
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:
http://www.capitalupdates.com http://www.goldseek.com http://www.silverseek.com http://www.goldreview.com(C) Gold Seeker 2018
Note: This article may be reproduced provided the article, in full, is used and mention to Gold-Seeker.com 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. Gold-Seeker.com 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 Gold-Seeker.com'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.