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 Gain with Oil
By: Chris Mullen, Gold Seeker Report

Gold Stocks Remain in Downtrend but Uranium Stocks on the Cusp of New Bull Market
By: Jordan Roy-Byrne CMT, MFTA

Sunsets in the Land of U.S. Dollar Hegemony
By: Michael Ballanger

Precious Metals Sector: It’s 2013 All Over Again
By: Przemyslaw Radomski, CFA

Rugby Initiates Drilling at San Antonio Gold Project, Colombia
By: Rugby Mining Limited

Merk Research - US Equity Markets
By: Merk Research

Silver Looks Poised To Move Soon
By: Hubert Moolman

Which Precious Metals Are Likely To Be Better Investments During The Next Market Crash?
By: Steve St. Angelo

Wall Street Keeps Cool As Tariff Threat Grows
By: Rick Ackerman

Silver Guru Video: “The End of Empire and End of Fiat Currencies”
By: GoldCore

 
Search

GoldSeek Web

 
Gold Seeker Weekly Wrap-Up: Gold and Silver Edge Lower on the Week but Miners Gain
By: Chris Mullen, Gold Seeker Report

 -- Published: Friday, 14 September 2018 | Print  | Disqus 

 

Close

Gain/Loss

On Week

Gold

$1194.10

-$8.00

-0.17%

Silver

$14.06

-$0.14

-0.64%

XAU

63.36

-0.60%

+0.51%

HUI

137.48

-0.63%

+0.92%

GDM

500.32

-0.39%

+0.42%

JSE Gold

1006.30

+6.89

-1.22%

USD

94.97

+0.42

-0.44%

Euro

116.27

-0.64

+0.57%

Yen

89.30

-0.01

-0.94%

Oil

$68.99

+$0.40

+1.83%

10-Year

2.993%

+0.020

+1.94%

Bond

142.53125

-0.625

-0.57%

Dow

26154.67

+0.03%

+0.92%

Nasdaq

8010.04

-0.05%

+1.36%

S&P

2904.98

+0.03%

+1.16%

 
http://www.goldseek.com/news/2018/2018-09-14_14-03-27.jpg

 

The Metals:

 

Gold gained $6.40 to $1208.50 in Asia, but it then fell back off in London and New York and ended near its early afternoon low of $1193.20 with a loss of 0.67%. Silver slipped to as low as $14.059 and ended with a loss of 0.99%.

 

Euro gold fell to €1027, platinum lost $7 to $794, and copper dropped 6 cents to about $2.60.

 

Gold and silver equities waffled near unchanged and ended slightly lower.

 

The Economy:

 

U.S. Manufacturing Output Rose in August Amid Surge in Autos  Bloomberg

U.S. Consumer Sentiment Rises to Six-Month High, Above Estimate  Bloomberg

Retail Sales, Factory Output Signal Steady U.S. Economic Growth  Bloomberg

Trump directing aides to proceed with tariffs on $200 billion more of Chinese products  Reuters

U.S. retail sales barely rise; import prices drop  Reuters

 

The Markets:

 

Oil edged higher on worries about more sanctions on Iran.

 

The U.S. dollar index rose and treasuries fell on strong economic data.

 

The Dow, Nasdaq, and S&P erased early gains on word that “U.S. President Donald Trump has instructed aides to proceed with tariffs on about $200 billion more Chinese goods, despite Treasury Secretary Steven Mnuchin’s attempts to restart trade talks with China.”

 

Among the big names making news in the market Friday were Takeda, Citigroup, and Kirby.

 

GATA Posts:

 

 

Is Barrick still central banking's agent in the gold market?

 

The Statistics:

Activity from: 9/13/2018

Gold Warehouse Stocks:

8,354,697.353

+28,067.823

Silver Warehouse Stocks:

292,533,629.868

-632,443.381

 

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

742.527

23,872,975

US$28,690m

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$5,317m

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$5,877m

Australian Stock Exchange (ASX)

Gold Bullion Securities

11.16

358,789

US$429m

Note: Change in Total Tonnes from yesterday’s data: SPDR subtracted 2.649 tonnes.

 

COMEX Gold Trust (IAU) Total Tonnes in Trust: 265.72: +0.42 change from yesterday’s data.

 

Silver Trust (SLV) Total Tonnes in Trust: 10,418.84: +40.94 change from yesterday’s data.

 

The Miners:

 

Royal Gold’s (RGLD) resolved royalty dispute, Nevsun’s (NSU) take-over bid, and Hecla’s (HL) filed technical report were among the big stories in the gold and silver mining industry making headlines Friday.

 

WINNERS

1.  EMX Royalty

EMX +3.57% $1.16

2.  Pretivm

PVG +1.44% $7.77

3.  Wheaton

WPM +0.95% $15.95

 

LOSERS

1.  Paramount

PZG -4.72% $1.01

2.  Alexco

AXU -3.64% $1.06

3.  Americas Silver

USAS-3.35%$2.165

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 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, 14 September 2018 | 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.