• Gold: 1,209.19 1.94
  • Silver: 14.38 0.07
  • Euro: 1.178 0.001
  • USDX: 93.913 0.001
  • Oil: 70.23 -0.02

April 13: Gold and Silver Gain Almost 1% and 2% on the Week

Chris Mullen
|
Friday, April 13th

 

Close

Gain/Loss

On Week

Gold

$1344.40

+$9.20

+0.86%

Silver

$16.64

+$0.16

+1.71%

XAU

84.08

+1.59%

+3.12%

HUI

183.43

+1.67%

+3.29%

GDM

638.75

+1.36%

+3.68%

JSE Gold

1114.27

+29.32

-0.34%

USD

89.76

-0.02

-0.38%

Euro

123.40

+0.13

+0.46%

Yen

93.10

-0.16

-0.54%

Oil

$67.39

+$0.32

+6.06%

10-Year

2.822%

-0.008

+1.62%

Bond

145.5625

+0.1875

-0.32%

Dow

24360.14

-0.50%

+1.79%

Nasdaq

7106.65

-0.47%

+2.77%

S&P

2656.30

-0.29%

+1.99%

 
http://www.goldseek.com/news/2018/2018-04-13_14-02-12.jpg

 

The Metals:

 

Gold gained $6.40 to $1341.60 in Asia before it dropped back to almost unchanged at $1335.60 in London, but it then rose to as high as $1347.10 in early afternoon New York trade and ended with a gain of 0.69%. Silver rose to as high as $16.683 and ended with a gain of 0.97%.

 

Euro gold rose to about €1090, platinum gained $3 to $927, and copper remained at about $3.06.

 

Gold and silver equities gained nearly 2% in the first half hour of trade and remained near that level for the rest of the day.

 

The Economy:

 

Mortgage rates hold steady through bond market churn  MarketWatch

Job Openings in U.S. Declined in February to 6.05 Million  Bloomberg

University of Michigan consumer sentiment index slips to 3-month low on trade-war fears  MarketWatch

 

Next week’s economic highlights include Retail Sales, Empire State Manufacturing, Business Inventories, the Housing Market Index, and Treasury International Capital on Monday, Housing Starts and Industrial Production on Tuesday, the Beige Book on Wednesday, and Initial Jobless Claims, the Philadelphia Fed, and Leading Indicators on Thursday.

 

The Markets:

 

Oil added onto this week’s gains on uncertainty surrounding the potential for a U.S.-led military strike on Syria.

 

The U.S. dollar index ended slightly lower in mixed trade and treasuries rose as the Dow, Nasdaq, and S&P erased opening gains and dropped almost 0.5% by the close after this quarter’s batch of financial earnings largely beat expectations, but failed to provide the rosy outlook that many were hoping for.

 

Among the big names making news in the market Friday were Comcast, JPMorgan, Citigroup, PNC, Tesla, and Amazon.

 

GATA Posts:

 

 

Putin's Russia roars but its economy can't sustain a superpower

 

The Statistics:

Activity from: 4/12/2018

Gold Warehouse Stocks:

9,058,983.720

-3,215.00

Silver Warehouse Stocks:

263,191,042.479

-377,474.96

 

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

865.889

27,839,199

US$37,402m

London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra)

Gold Bullion Securities

138.13

4,441,056

US$5,977m

London Stock Exchange (LSE) AND NYSE Euronext Paris AND Borsa Italiana AND Frankfurter Wertpapierbörse (Deutsche Börse - Xetra) AND NYSE Euronext Amsterdam

ETFS Physical Gold

152.66

4,908,200

US$6,607m

Australian Stock Exchange (ASX)

Gold Bullion Securities

11.16

358,789

US$483m

Note: Change in Total Tonnes from yesterday’s data: SPDR added 5.898 tonnes.

 

COMEX Gold Trust (IAU) Total Tonnes in Trust: 281.75: +1.38 change from yesterday’s data.

 

Silver Trust (SLV) Total Tonnes in Trust: 9,959.22: No change from yesterday’s data.

 

The Miners:

 

WINNERS

1.  New Gold

NGD +5.26% $2.40

2.  IAMGOLD

IAG +5.08% $5.58

3.  Alamos

AGI +4.00% $5.72

 

LOSERS

1.  Pretium

PVG -4.53% $7.17

2.  Americas Silver

USAS -3.95% $3.65

3.  Harmony

HMY -1.88% $2.09

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

 

- Chris Mullen, Gold Seeker Report

 

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© Gold Seeker 2018

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

 

 

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