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 Close Mixed with Stocks
By: Chris Mullen, Gold Seeker Report

The Powers-That-Be Were Everywhere Yesterday
By: Ed Steer

Gold and Silver Price Goals For Year End
By: Craig Hemke

GoldSeek Radio Nugget: Peter Schiff and Chris Waltzek

Gold and Global Financial Crisis Redux
By: Jim Willie CB

The Trade War Is Not The Problem With The Global Economy
By: Dave Kranzler

Gold Stock Bulls Gore The Bears
By: Stewart Thomson

Where are we now in the investor cycle?
By: Michael J. Kosares

The Amazing Story of Gold to Gold Stocks Ratios
By: Rambus

A Bad Moon Rising – Over Several Markets
By: Gary Christenson


GoldSeek Web

Gold Seeker Weekly Wrap-Up: Gold and Silver Fall Over 1% on the Week While Stocks Drop Over 5%
By: Chris Mullen, Gold Seeker Report

 -- Published: Friday, 9 February 2018 | Print  | Disqus 




On Week





















JSE Gold









































The Metals:


Gold gained $3.20 to $1320.40 in Asia before it chopped back to $1311.50 in late morning New York trade and then bounced back higher at times, but it still ended with a loss of 0.18%. Silver slipped to as low as $16.19 and ended with a loss of 0.37%.


Euro gold fell to about €1075, platinum lost $8 to $961, and copper dropped 4 cents to about $3.04.


Gold and silver equities fell over 4% by early afternoon, but they then rallied back higher into the close and ended with only about 2% losses on the day.


The Economy:


U.S. wholesale inventories for December revised higher  Reuters

Trump signs deal to end brief government shutdown, increase U.S. spending  Reuter

The ‘markets stop panicking when the Fed starts panicking’: Bank of America Merrill Lynch  MarketWatch


Next week’s economic highlights include the Treasury Budget on Monday, the NFIB Small Business Optimism Index on Tuesday, CPI, Retail Sales, and Business Inventories on Wednesday, Initial Jobless Claims, the Philadelphia Fed, PPI, Empire State Manufacturing, Industrial Production, and the Housing Market Index on Thursday, and Housing Starts, Import and Export Prices, and Consumer Sentiment on Friday.


The Markets:


Oil fell over 3% after Baker Hughes reported that the number of active U.S. rigs drilling for oil jumped by 26 to 791 this week.


The U.S. dollar index edged higher and treasuries closed modestly lower while the Dow, Nasdaq, and S&P swung in a wide range and ended over 1% higher on hopes for more stability next week.


Among the big names making news in the market Friday were GE, Qualcomm, CBOE, Expedia, FireEye, Amazon, FedEx, UPS, and Nvidia.


The Statistics:

Activity from: 2/8/2018

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




Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 0.59 tonnes.


COMEX Gold Trust (IAU) Total Tonnes in Trust: 262.90: No change from yesterday’s data.


Silver Trust (SLV) Total Tonnes in Trust: 9,767.91: No change from yesterday’s data.


The Miners:



1.  Nevsun

NSU +2.84% $2.17

2.  Freeport

FCX +2.39% $17.57

3.  Newmont

NEM +0.41% $36.76



1.  Eldorado

EGO -7.32% $1.14

2.  New Gold

NGD -7.22% $2.57

3.  Great Panther

GPL -6.56% $1.14

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


- 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 2018

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, 9 February 2018 | 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.