Gold Seeker Weekly Wrap-Up: Gold and Silver Hold Near Unchanged on the Week
| Close | Gain/Loss | On Week |
Gold | $1233.10 | -$0.10 | -0.07% |
Silver | $14.75 | +$0.01 | +0.34% |
XAU | 67.19 | UNCH | +3.10% |
HUI | 149.44 | -0.20% | +3.31% |
GDM | 546.24 | +0.37% | +2.92% |
JSE Gold | 1133.17 | -6.35 | -6.63% |
USD | 96.45 | +0.18 | +0.10% |
Euro | 113.95 | -0.16 | -0.22% |
Yen | 88.41 | -0.46 | -1.13% |
Oil | $63.14 | -$0.55 | -4.03% |
10-Year | 3.215% | +0.076 | +4.42% |
Bond | 137.15625 | -1.28125 | -1.59% |
Dow | 25270.83 | -0.43% | +2.36% |
Nasdaq | 7356.99 | -1.04% | +2.65% |
S&P | 2723.06 | -0.63% | +2.42% |
The Metals:
Gold chopped in a relatively tight range between $1229.90 and $1236.40 and ended with a loss of just 0.01%. Silver rose to as high as $14.908 and ended with a gain of 0.07%.
Euro gold rose to EUR1082, platinum gained $9 to $860, and copper climbed 9 cents to about $2.82.
Gold and silver equities waffled near unchanged and ended mixed.
U.S. imports hit all-time high, trade deficit with China sets new record despite tariffs MarketWatch
Increase in worker pay and benefits match fastest pace since recession, ECI shows MarketWatch
U.S. job growth soars; annual wage gain largest since 2009 Reuters
US Factory Orders Climb More Than Expected In September Morningstar
House price gains lurch to a 20-month low, Case-Shiller says MarketWatch
The Markets:
Oil fell almost 1% on talk of waivers on Iranian sanctions.
The U.S. dollar index rose and treasuries fell on better than expected jobs data.
The Dow, Nasdaq, and S&P fell roughly 1% "after White House economic adviser Larry Kudlow weakened optimism over U.S.-China trade talks."
Among the big names making news in the market Friday were Kraft-Heinz, GE, Apple, and Tesla.
GATA Posts:
Wary of crypto, UK government blocks Royal Mint's digital gold
Euro's bid to challenge King Dollar collides with political risk
The Statistics:
Activity from: 11/1/2018
Gold Warehouse Stocks: | 8,066,489.712 | - |
Silver Warehouse Stocks: | 290,552,863.165 | -2,086,297.888 |
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 | 760.822 | 24,461,200 | US$30,128m |
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$5,472m |
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$6,047m |
Australian Stock Exchange (ASX) | Gold Bullion Securities | 11.16 | 358,789 | US$442m |
Note: Change in Total Tonnes from yesterday's data: SPDR added 6.767 tonnes.
COMEX Gold Trust (IAU) Total Tonnes in Trust: 272.58: No change from yesterday's data.
Silver Trust (SLV) Total Tonnes in Trust: 10,185.25: -32.14 change from yesterday's data.
WINNERS
1. Coeur | CDE +4.45% $5.16 |
2. First Majestic | AG +2.07% $5.92 |
3. Americas Silver | USAS +1.88% $2.12 |
LOSERS
1. Alamos | AGI -8.29% $3.87 |
2. Gold Resource | GORO-5.86% $4.18 |
3. Golden Star | GSS -5.72% $3.13 |
Winners & Losers tracks NYSE listed gold and silver mining stocks that trade over $1.
- Chris Mullen, Gold Seeker Report
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