Gold Seeker Closing Report: Gold and Silver End Mixed Before Jobs Day
| Close | Gain/Loss |
Gold | $1326.30 | -$7.10 |
Silver | $16.39 | +$0.08 |
XAU | 81.47 | +0.77% |
HUI | 176.34 | +0.66% |
GDM | 612.19 | +0.36% |
JSE Gold | 1085.57 | -7.48 |
USD | 90.48 | +0.35 |
Euro | 122.38 | -0.48 |
Yen | 93.10 | -0.57 |
Oil | $63.54 | +$0.17 |
10-Year | 2.836% | +0.030 |
T-Bond | 144.84375 | -0.875 |
Dow | 24505.22 | +0.99% |
Nasdaq | 7076.55 | +0.46% |
S&P | 2662.84 | +0.69% |
The Metals:
Gold fell $10.60 to $1322.80 at about 9:30AM EST before it bounced back higher into the close, but it still ended with a loss of 0.53%. Silver dropped down to $16.181 in Asia, but it then rose to as high as $16.417 in New York and ended with a gain of 0.49%.
Euro gold fell to about EUR1084, platinum lost $5 to $909, and copper climbed 5 cents to about $3.07.
Gold and silver equities traded mostly higher and ended with modest gains.
U.S. Trade Gap Widens for Sixth Month Ahead of Trump Tariffs Bloomberg
U.S. jobless claims rise; continuing claims lowest since 1973 Reuters
Tomorrow brings March's jobs data and Consumer Credit.
The Markets:
Oil edged up along with the U.S. dollar index on easing trade war worries that sent treasuries lower and the Dow, Nasdaq, and S&P almost 1% higher.
Among the big names making news in the market today were Bombardier, Sonoma Pharmaceuticals, and Facebook.
GATA Posts:
India's central bank shuts down crypto-currencies
Yellen starts collecting her payoff from Wall Street
The Statistics:
As of close of business: 4/4/2018
Gold Warehouse Stocks: | 9,062,198.720 | - |
Silver Warehouse Stocks: | 263,332,793.335 | +587,853.43 |
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 | 852.029 | 27,393,584 | US$36,368m |
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$5,885m |
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$6,500m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$476m |
Note: Change in Total Tonnes from yesterday's data: SPDR subtracted 0.283 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 275.12: +2.84 change from yesterday's data.
Silver Trust (SLV) Total Tonnes in Trust: 9,918.19: -4.20 change from yesterday's data.
WINNERS
1. Alexco | AXU +5.30% $1.39 |
2. Freeport | FCX +4.44% $18.11 |
3. Taseko | TGB +3.51% $1.18 |
LOSERS
1. DRDGOLD | DRD -1.82% $2.70 |
2. Gold Standard | GSV -1.82% $1.62 |
3. NOVAGOLD | NG -1.53% $4.50 |
Winners & Losers tracks NYSE listed gold and silver mining stocks that trade over $1.
- Chris Mullen, Gold Seeker Report
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