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RSD Weekly Recap

April 10, 2018

This is Gerardo Del Real with the Resource Stock Digest weekly recap.

Gold closed last week at $1,333 an ounce for an $8 gain.

Silver was relatively flat, adding a couple of cents and closing at $16.35/oz.

The dollar was flat for the week, closing just above the 90 level once again.

Copper managed to close higher. It settled at $3.05/lb. for a weekly gain of 3 cents. It’s currently trading at $3.13/lb. on geopolitical factors.

Platinum settled at $914 an ounce for a weekly loss of $15.

Palladium continued its slide, losing approximately 5% last week and settling right at the $900 level. It’s bounced back nicely and is currently trading at $947 an ounce.

Zinc settled at $1.47/lb. for a two-cent loss.

Oil settled at $61.97/barrel for a weekly loss of 4.5%.

Uranium juniors are showing some life lately, despite the spot price dropping $0.62 cents last week and settling at $20.13/lb.

A lot of interesting drill programs are kicking off soon. Almadex, Almaden Minerals, Nevada Sunrise, Mawson Resources, Hannan Metals and Abacus are among the many quality exploration programs that I’m looking forward to this spring.

That’s all for this week. This is Gerardo Del Real with the Resource Stock Digest weekly recap.

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Name Last Change
DOW 25444.30 0.26%
S&P 500 2767.78 0.04%
NASDAQ 7449.03 0.48%
TSX 15470.10 0.43%
TSX-V 682.16 0.00%

Resource Commodities

Name Last Change
Gold 1226.67 0.07%
Silver 14.63 0.34%
Copper 2.77 0.000
Platinum 831.34 0.000
Oil 69.12 0.68%
Natural Gas 3.25 1.60%
Uranium 27.68 0.00%
Zinc 1.22 0.00%


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