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 Hold Steady While Oil Slumps 7%
By: Chris Mullen, Gold Seeker Report

Market Tactics For A Golden Smile
By: Stewart Thomson

A surprise jump in investor and central bank gold demand
By: Michael J. Kosares

The Failure of a Gold Refinery
By: Keith Weiner

Is Silence Golden?
By: Arkadiusz Sieron

Ten Points or Ten Miles to ‘Bridge Out’?
By: Andy Sutton and Graham Mehl

A Palpable Sense Of Panic
By: John Rubino

Midterm Elections: Gridlock Was the Best Possible Outcome
By: Frank Holmes

Asian Metals Market Update: Nov 13 2018
By: Chintan Karnani, Insignia Consultants

Gold Seeker Closing Report: Gold and Silver Fall with Stocks and Euro
By: Chris Mullen, Gold Seeker Report


GoldSeek Web

Gold Seeker Closing Report: Gold and Silver Fall With Stocks, Bonds, and Oil
By: Chris Mullen,

 -- Published: Tuesday, 13 September 2016 | Print  | Disqus 



















JSE Gold
































The Metals:


Gold gained $5.02 to $1332.02 in Asia, but it then fell back off in New York and ended near its late session low of $1315.66 with a loss of 0.68%.  Silver slipped to as low as $18.792 and ended with a loss of 1.36%.


Euro gold fell to about €1175, platinum lost $20 to $1031, and copper remained at about $2.10.


Gold and silver equities fell roughly 4% by midday and remained near that level into the close.


The Economy:







Treasury Budget






U.S. sees stronger median household income, less poverty  Reuters


Tomorrow brings Export and Import Prices.


The Markets:


Charts Courtesy of


Oil lost 3% after the International Energy Agency cut its demand forecast and extended its oversupply prediction through the middle of next year.


Treasuries turned markedly lower after today’s $12 billion 30-year bond auction sold at a yield of 2.475% with a bid to cover of just 2.13.  “Primary dealers, which are obligated to bid at auctions, took 37.5 percent, the highest since August 2015. Meanwhile, direct bidders, investors who place bids with the Treasury, purchased 4.6 percent, the least since September 2009.”


The U.S. dollar index rose as the Dow, Nasdaq, and S&P dropped over 1% on uncertainty over fed policy.


Among the big names making news in the market today were Alibaba, Monsanto, Wells Fargo, Weight Watchers, and Apple.


GATA Posts:



Turk explains why Fed isn't likely to raise interest rates

Leeb describes how China will use gold to gain control of world's monetary system


The Statistics:

As of close of business: 9/12/2016

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


COMEX Gold Trust (IAU) Total Tonnes in Trust: 225.39: No change from yesterday’s data.


Silver Trust (SLV) Total Tonnes in Trust: 11,231.64: -50.20 change from yesterday’s data.


The Miners:


Kirkland’s (KGI.TO) ticker symbol change and management update, Alexco’s (AXU) drill results, and Almaden’s (AAU) drill results were among the big stories in the gold and silver mining industry making headlines today.


No “winners” today.



1.  Mines Management


2.  Freeport

FCX -8.39% $10.15

3.  Endeavour Silver

EXK -8.32% $4.96

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: Tuesday, 13 September 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 - 2018 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, its affiliates or advertisers. 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, is strictly prohibited. In no event shall or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.