LIVE Gold Prices $  | E-Mail Subscriptions | Update GoldSeek | GoldSeek Radio 

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

Gold Seeker Report: This Week in Mining Issue #1
By: Chris Marchese, Chief Mining Analyst at

Inflation 'lack of' Expectations
By: Gary Tanashian, NFTRH

Wall Street Wet Works
By: Rob Kirby

Presidential Campaign Season Is Giving Gold another Boost
By: Mike Gleason and Michael Rivero

Precious Metals Update Video: Risk-off trade, bond yields plunging, Gold in demand
By: Ira Epstein

Gold Breakout (video update)
By: Gary Savage

Why Americans Want Socialism
By: John Mauldin, Thoughts from the Frontline

COT Gold, Silver and US Dollar Index Report - February 21, 2020

Gold’s Peculiar Surge
By: Adam Hamilton, CPA, Zeal Research

A Minsky Moment is coming for gold
By: Richard (Rick) Mills, Ahead of the herd


GoldSeek Web

Gold Seeker Weekly Wrap-Up: Gold and Silver Fall Less Than 1% on the Week
By: Chris Mullen, Gold Seeker Report

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




On Week





















JSE Gold









































The Metals:


Gold fell $9.90 to $1233.00 by a little after 9:30AM EST before it climbed back towards unchanged by midday, but it then drifted back lower into the close and ended with a loss of 0.37%. Silver slipped to as low as $14.493 and ended with a loss of 1.29%.


Euro gold rose to about €1096, platinum lost $10 to $786, and copper edged down to about $2.76.


Gold and silver equities fell almost 3% at the open before they bounced back higher at times, but they still ended roughly 2% lower on the day.


The Economy:


China just reported ‘ugly’ economic data because of the trade war and it’s roiling financial markets  CNBC

Businesses wary as PMI readings fall to multiyear lows across the globe  MarketWatch

Mortgage rates slide to 3-month low, as housing market green shoots appear  MarketWatch

Industrial output up 0.6% in November on mining and utilities but factories sputter  MarketWatch

U.S. core retail sales accelerate in November  Reuters


The Markets:


Oil fell nearly 3% on poor economic data out of China that reignited global growth concerns and sent the U.S. dollar index higher along with treasuries while the Dow, Nasdaq, and S&P dropped roughly 2%.


Among the big names making news in the market Friday were Walgreens, Adobe, GM, Facebook, Costco, Johnson & Johnson, and Starbucks.


GATA Posts:



London trader Maguire interviewed on RT about gold and silver market rigging

Ignoring U.S. government's market rigging, Wall Street Journal goes after Saudi Arabia's

Paulson wins control of Detour board in key shareholder vote


The Statistics:

Activity from: 12/13/2018

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


COMEX Gold Trust (IAU) Total Tonnes in Trust: 274.66: No change from yesterday’s data.


Silver Trust (SLV) Total Tonnes in Trust: 9,913.79: No change from yesterday’s data.


The Miners:


Wheaton’s (WPM) settlement with the Canada Revenue Agency, Paramount’s (PZG) AGM results, Barrick’s (ABX) additional investment in Reunion Gold, and Alamos Gold’s (AGI) accident at its Mulatos Mine and clarification on development activities at its Kirazlı project were among the big stories in the gold and silver mining industry making headlines Friday.



1.  Wheaton

WPM +14.17% $18.94

2.  Turquoise

TRQ +1.20% $1.68

3.  Endeavour Silver

EXK +0.50% $2.01



1.  Alamos

AGI -6.60% $2.97

2.  Coeur

CDE -5.91% $3.82

3.  Silvercorp

SVM -4.27% $2.02

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, 14 December 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.