Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page >> News >> Story  Disclaimer 
Latest Headlines

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

COT Gold, Silver and US Dollar Index Report - December 10, 2018

Silver Investors See Palladium as the “Canary in the Coal Mine”
By: Clint Siegner

The Prodigal Parent
By: Keith Weiner

The Trouble with Geologists
By: Mickey Fulp

SWOT Analysis: Gold Heading for Its Best Close Since July
By: Frank Holmes

Technical Scoop - Weekend Update December 10 2018
By: David Chapman

Every Bubble Is In Search Of A Pin
By: Chris Martenson

Precise Benchmarks If the Selloff Continues
By: Rick Ackerman

The fundamental backdrop turns bullish for gold…almost
By: Steven Saville


GoldSeek Web

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

 -- Published: Friday, 22 July 2016 | Print  | Disqus 




On Week





















JSE Gold









































The Metals:


Gold fell $13.18 to $1319.92 by late morning in New York before it bounced back higher into the close, but is still ended with a loss of 0.72%.  Silver slipped to as low as $19.562 and ended with a loss of 1.06%.


Euro gold fell to about €1206, platinum lost $21 to $1079, and copper fell a couple of cents to about $2.24.


Gold and silver equities waffled near unchanged and ended mixed.


The Economy:


What to expect in the Fed statement next week MarketWatch


All of this week’s other economic reports:


Leading Indicators - June

0.3% v. -0.2%


Existing Home Sales - June

5.57M v. 5.51M


FHFA Housing Price Index - May

0.2% v. 0.3%


Philadelphia Fed - July

-2.9 v. 4.7


Initial Claims - 7/16

253K v. 254K


Building Permits - June

1153K v. 1136K


Housing Starts - June

1189K v. 1135K


Net Long-Term TIC Flows - May

$41.1B v. -$67.4B


NAHB Housing Market Index - July

59 v. 60


Next week’s economic highlights include the Case-Shiller 20-city Index, Consumer Confidence, and New Home Sales on Monday, Durable Goods Orders, Pending Home Sales, and a FOMC Rate Decision on Wednesday, Initial Jobless Claims and International Trade in Goods on Thursday, and GDP, the Employment Cost Index, Chicago PMI, and Michigan Sentiment on Friday.


The Markets:

Charts Courtesy of


Oil fell over 1% as the U.S. dollar index rose after the pound fell on poor economic data from the UK that raised expectations for a rate cut from the Bank of England.


Treasuries held near unchanged as the Dow, Nasdaq, and S&P turned morning losses into afternoon gains on mixed earnings reports.


Among the big names making news in the market Friday were Starbucks, Papa John’s, Chipotle, GE, Verizon, and American Airlines.


GATA Posts:



The magic charts of technical analysis can't penetrate central bank trading rooms


The Statistics:

Activity from: 7/21/2016

Gold Warehouse Stocks:



Silver Warehouse Stocks:




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




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

Gold Bullion Securities




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

ETFS Physical Gold




Australian Stock Exchange (ASX)

Gold Bullion Securities




Johannesburg Securities Exchange (JSE)

New Gold Debentures




Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 2.079 tonnes.


COMEX Gold Trust (IAU) Total Tonnes in Trust: 217.54: +0.60 change from yesterday’s data.


Silver Trust (SLV) Total Tonnes in Trust: 10,842.07: No change from yesterday’s data.


The Miners:


Gold Fields’ (GFI) new directors and Timmins Gold’s (TGD) completed project sale were among the big stories in the gold and silver mining industry making headlines Friday.



1.  Newmont

NEM +1.85% $41.27

2.  Avino

ASM +1.59% $2.56


DRD +1.10% $7.34



1.  ITH

THM -4.59% $1.04

2.  Vista Gold

VGZ -4.38% $1.31

3.  Alexco

AXU -4.12% $1.63

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 2016

Note: This article may be reproduced provided the article, in full, is used and mention to 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. 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’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, 22 July 2016 | E-Mail  | Print  | Source:

comments powered by Disqus


Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to >> Story

E-mail Page  | Print  | Disclaimer 

© 1995 - 2019 Supports

©, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of 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 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, Gold Seek LLC, its affiliates or advertisers., Gold Seek LLC 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, Gold Seek LLC, is strictly prohibited. In no event shall, Gold Seek LLC or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.