Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

Gold Seeker Closing Report: Gold and Silver Edge Lower
By: Chris Mullen, Gold Seeker Report

Trade Wars, Tariffs and The Peg
By: Craig Hemke

Trump’s Backdoor Power Play to Rein In the Fed
By: Stefan Gleason

The beginning of the end of the dollar
By: Richard (Rick) Mills

Gold: A New Trade War Weapon?
By: Stewart Thomson

Lehman - Ten Years Later
By: Andy Sutton and Graham Mehl

There will be warnings!
By: Steven Saville

Is This Just the Calm Before the Storm?
By: Frank Holmes

Gold Bulls Have to Wait
By: Arkadiusz Sieron

Gold Resource Corporation’s Alta Gracia Project Returns 10.30 Meters Grading 1,052 g/t Silver
By: Gold Resource Corporation

 
Search

GoldSeek Web

 
Gold Seeker Weekly Wrap-Up: Gold and Silver End Slightly Lower on the Week
By: Chris Mullen, Gold-Seeker.com

 -- Published: Friday, 20 November 2015 | Print  | Disqus 

 

Close

Gain/Loss

On Week

Gold

$1077.20

-$4.80

-0.44%

Silver

$14.15

-$0.12

-0.56%

XAU

44.77

-3.74%

-1.71%

HUI

107.21

-4.01%

-1.82%

GDM

372.23

-3.01%

-0.79%

JSE Gold

903.06

-6.29

+2.46%

USD

99.61

+0.63

+0.70%

Euro

106.45

-0.94

-1.00%

Yen

81.37

-0.03

-0.18%

Oil

$41.90

+$0.18

+2.85%

10-Year

2.262%

+0.014

-0.79%

Bond

154.4375

-0.25

+0.59%

Dow

17823.81

+0.51%

+3.35%

Nasdaq

5104.91

+0.62%

+3.59%

S&P

2089.17

+0.38%

+3.27%

 
 

 

The Metals:

 

Gold gained $5.90 to $1087.90 at about 5AM EST, but it then drifted back lower for most of the rest of trade and ended with a loss of 0.44%.  Silver slipped to as low as $14.09 and ended with a loss of 0.84%.

 

Euro gold rose to about €1012, platinum lost $4 to $849, and copper fell a few cents to about $2.05.

 

Gold and silver equities fell throughout most of trade and ended with about 4% losses.

 

The Economy:

 

All of this week’s economic reports:

 

Leading Indicators - October

0.6% v. -0.1%

 

Philadelphia Fed - November

1.9 v. -4.5

 

Initial Claims - 11/14

271K v. 276K

 

Building Permits - October

1150K v. 1105K

 

Housing Starts - October

1060K v. 1191K

 

NAHB Housing Market Index - November

62 v. 65

 

Industrial Production - October

-0.2% v. -0.2%

 

Capacity Utilization - October

77.5% v. 77.7%

 

CPI - October

0.2% v. -0.2%

 

Core CPI - October

0.2% v. 0.2%

 

Empire Manufacturing - November

-10.7 v. -11.4

 

Next week’s economic highlights include Existing Home Sales on Monday, GDP, the Case-Shiller 20-city Index, and Consumer Confidence on Tuesday, and Initial Jobless Claims, Personal Income and Spending, Durable Goods Orders, the FHFA Housing Price Index, Michigan Sentiment, and New Home Sales on Wednesday.

 

The Markets:

 

Charts Courtesy of http://finance.yahoo.com/

 

Oil traded mixed on contract expiration positioning.

 

The U.S. dollar index rose as the euro fell after ECB President Mario Draghi suggested further stimulus measures may be deployed.

 

Treasuries fell as the Dow, Nasdaq, and S&P rose on mostly positive company news.

 

Among the big names making news in the market Friday were Glencore, Cisco, Wal-Mart, Abercrombie & Fitch, and Square.

 

GATA Posts:

 

 

James Turk discusses gold's role in reducing the cost of commerce

Alasdair Macleod: Advice to the prime minister or president

New York Sun: House bill on Fed includes audit provision and monetary commission

House passes bill calling for rule-based monetary policy

 

The Statistics:

Activity from: 11/19/2015

Gold Warehouse Stocks:

6,436,402.809

-1.94

Silver Warehouse Stocks:

160,278,553.942

+337,890.47

 

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

661.943

21,282,135

US$23,016m

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$4,788m

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$5,296m

Australian Stock Exchange (ASX)

Gold Bullion Securities

11.16

358,789

US$386m

Johannesburg Securities Exchange (JSE)

New Gold Debentures

30.43

978,441

US$1,057m

Note: No change in Total Tonnes from yesterday’s data.

 

COMEX Gold Trust (IAU) Total Tonnes in Trust: 160.72: -2.52 change from yesterday’s data.

 

Silver Trust (SLV) Total Tonnes in Trust: 9,867.78: No change from yesterday’s data.

 

The Miners:

 

WINNERS

1.  Nevsun

NSU +1.86% $2.74

2.  Paramount

PZG +1.81% $1.12

3.  Turquoise

TRQ +0.37% $2.70

 

LOSERS

1.  New Gold

NGD -8.07% $2.05

2.  B2Gold

BTG -8.04% $1.03

3.  IAMGOLD

IAG -6.49% $1.44

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

       

Please see Yahoo’s Mining/Metals News Wire for all of today’s mining news.

 

- 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:

© Gold Seeker 2015

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.

 


| Digg This Article
 -- Published: Friday, 20 November 2015 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2018



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.