Recent News

Gold Seeker Weekly Wrap-Up: Gold and Silver Fall Roughly 1% on the Week

January 19, 2018 / news.goldseek.com

CloseGain/LossOn WeekGold $1332.20+$5.90-0.43%Silver$17.02+$0.08-1.28%XAU87.97+0.46%-1.28%HUI196.93+0.20%-2.19%GDM662.24-0.01%-1.21%JSE Gold1297.69-11.87-2.53%USD90.67+0.15-0.31%Euro122.19-0.22+0.11%Yen90.42+0.26+0.43%Oil$63.37-$0.58-1.45%10-Year2.661%+0.041+4.43%Bond148.59375-0.84375-1.25%Dow26071.72+0.21%+1.04%Nasdaq7336.38+0.55%+1.04%S&P2810.30+0.44%+0.86% The Metals: Gold gained $11.60...Read More

COT Gold, Silver and US Dollar Index Report - January 19, 2018

January 19, 2018 / news.goldseek.com

Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort301,86390,15273,170158,202390,709533,235554,031Change from Prior Reporting Period 12,7024,2793,9008,10320,33924,70528,518Traders19091904457270206 Small Speculators LongShortOpen Interest 49,09828,302582,333 2,173-1,64026,878 non reportable positionsChange from the previous report...Read More

Human Nature Never Changes

January 19, 2018 / news.goldseek.com

By Gary SavageToday's video looks at the recent price action in gold and miners with a detailed analysis of the trading difficulties confronting one's human nature. https://blog.smartmoneytrackerpremium.com/ Read More

Gold Bullion May Have Room to Run As Chinese New Year Looms

January 19, 2018 / news.goldseek.com

Gold bullion tends to rise January and February before Chinese New Year (see table)Gold is nearly 8% and $100 higher since Fed raised rates one month agoOptions traders are bullish and suggest gold has room to run (see chart)Nervous in short term, positive in medium term - gold at $1,500 in 2018From Bloomberg:Gold's breakneck rally eased this week, but tailwinds in both physical and paper marke...Read More

Gold Seeker Weekly Wrap-Up: Gold and Silver Fall Roughly 1% on the Week

January 19, 2018 / news.goldseek.com

CloseGain/LossOn WeekGold $1332.20+$5.90-0.43%Silver$17.02+$0.08-1.28%XAU87.97+0.46%-1.28%HUI196.93+0.20%-2.19%GDM662.24-0.01%-1.21%JSE Gold1297.69-11.87-2.53%USD90.67+0.15-0.31%Euro122.19-0.22+0.11%Yen90.42+0.26+0.43%Oil$63.37-$0.58-1.45%10-Year2.661%+0.041+4.43%Bond148.59375-0.84375-1.25%Dow26071.72+0.21%+1.04%Nasdaq7336.38+0.55%+1.04%S&P2810.30+0.44%+0.86% The Metals: Gold gained $11.60...Read More

COT Gold, Silver and US Dollar Index Report - January 19, 2018

January 19, 2018 / news.goldseek.com

Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort301,86390,15273,170158,202390,709533,235554,031Change from Prior Reporting Period 12,7024,2793,9008,10320,33924,70528,518Traders19091904457270206 Small Speculators LongShortOpen Interest 49,09828,302582,333 2,173-1,64026,878 non reportable positionsChange from the previous report...Read More

Human Nature Never Changes

January 19, 2018 / news.goldseek.com

By Gary SavageToday's video looks at the recent price action in gold and miners with a detailed analysis of the trading difficulties confronting one's human nature. https://blog.smartmoneytrackerpremium.com/ Read More

Gold Bullion May Have Room to Run As Chinese New Year Looms

January 19, 2018 / news.goldseek.com

Gold bullion tends to rise January and February before Chinese New Year (see table)Gold is nearly 8% and $100 higher since Fed raised rates one month agoOptions traders are bullish and suggest gold has room to run (see chart)Nervous in short term, positive in medium term - gold at $1,500 in 2018From Bloomberg:Gold's breakneck rally eased this week, but tailwinds in both physical and paper marke...Read More

Vincenzaoro - The Jewellery Boutique Show

January 19, 2018 / www.gold.org

Key event details:The evolution of gold and its future 21st January 2018 15.05-15.25Aram Shishmanian, CEO, World Gold CouncilStructural changes in the global gold marketKey drivers of demandImplications for the sustainability of the Italian jewellery market Read More

UPDATE 1-Pope's visit to Peru spotlights devastation in rainforest region

January 19, 2018 / www.kitco.com

(Adds comments from Pope, resident)By Mitra TajPUERTO MALDONADO, Peru, Jan 19 (Reuters) - Two decades ago, Swiss priest Xavier Arbex started sounding alarms.The quiet Amazonian region where he had settled years earlier was in peril. Wildcat miners who once searched for gold alongside rivers using wheelbarrows and buckets had started tearing through pristine rainforest with heavy machinery."I...Read More

Crystallex requests new hearing in lawsuit against Venezuela

January 19, 2018 / www.mining.com

Following the dismissal by a U.S. court of Crystallex's lawsuit against asset transfers by Venezuelan-owned refiner Citgo, the Canadian company announced that it has requested a new hearing.According to Venezuelan media, the miner filed the new request before the 3rd U.S. Circuit Court of Appeals earlier this week. The company alleges that the South American country is performing "fraudulent trans...Read More

Crystallex requests new hearing in lawsuit against Venezuela

January 19, 2018 / www.mining.com

Following the dismissal by a U.S. court of Crystallex's lawsuit against asset transfers by Venezuelan-owned refiner Citgo, the Canadian company announced that it has requested a new hearing.According to Venezuelan media, the miner filed the new request before the 3rd U.S. Circuit Court of Appeals earlier this week. The company alleges that the South American country is performing "fraudulent trans...Read More

DIARY-Government Debt Auctions to Feb 28

January 19, 2018 / www.kitco.com

Jan 20 (Reuters) - For other diaries, please see:Top Economic Events Polling Unit Diary Today in Washington Political and General News DATE COUNTRY AUCTION DETAILS 22-JanBelgium OLO auction23-JanUnited States Sale of 2-year notes23-JanSpain Auction of 3- and 9-month Treasury bills23-JanUnited KingdomAuction 0 1/8% Index-linked Treasury Gilt 202623-JanGermany Auction of 2-year Treasury notes24-JanU...Read More

DIARY-Top Economic Events to March 22

January 19, 2018 / www.kitco.com

Jan 20 (Reuters) -For other diaries, please see:U.S. Federal Reserve Polling Unit Diary Today in Washington Political and General News -----------------------------------------------------------This Diary is filed daily.** Indicates new events ----------------------------------------------------------- MONDAY, JANUARY 22** BRUSSELS - ECB President Mario Draghi and executive board member Benoit Coe...Read More

#Chile orders permanent closure of @BarrickGold's Pascua-Lama project:

January 19, 2018 / bit.ly

Barrick Gold says Pascua-Lama is operating under a temporary closure plan in Chile since construction was halted in 2013.Read full newsRead More

EMERGING MARKETS-Brazil stocks hold near all-time highs; Argentina stocks fall

January 19, 2018 / www.kitco.com

(Updates prices)By Bruno FederowskiBRASILIA, Jan 19 (Reuters) - Brazilian stocks hovered near all-time highs on Friday as optimism over the country's economic prospects sustained demand for local assets, while hopes of a tie-up with Boeing Co boosted shares of Embraer SA .The benchmark Bovespa stock index rose 0.32 percent, hitting an intraday record of 81,429. The bourse was supported by blue chi...Read More

UPDATE 1-Weaker dollar adds to optimism over U.S. earnings

January 19, 2018 / www.kitco.com

(Adds American Express in paragraph 8)By Caroline ValetkevitchNEW YORK, Jan 19 (Reuters) - The dollar's drop to three-year lows this week after prolonged weakness in 2017 is expected to further boost profits at big U.S. companies when investor optimism is already high over corporate tax cuts.Investors are keeping an eye out for signs of the dollar's impact on company earnings as fourth quarter re...Read More

FTSE 100 closes on a high but latest UK stats weigh on retailers

January 19, 2018 / www.proactiveinvestors.co.uk

FTSE 100 closes higherDecember UK retail sales disappointLondon listed retailers struggleDignity shares slump on profit warning FTSE 100 closed  in positive territory - up almost 30 points at 7,730.It comes after the top tier index has had a negative week.Friday's rally was driven by a  range of stocks from various sectors, including healthcare, mining, consumer staples and fin...Read More

Why Robert Friedland is bullish on copper

January 19, 2018 / www.mining.com

After having invested $1.2 billion to develop the Kamoa-Kakula project in the Democratic Republic of Congo, it is no surprise that Ivanhoe Mines' executive chairman, Robert Friedland, is bullish on copper. The engine that drives his confidence comes in the form of electric vehicles which, according to investment manager U.S. Global Investors, need up to four times the amount of copper traditional...Read More

Why Robert Friedland is bullish on copper

January 19, 2018 / www.mining.com

After having invested $1.2 billion to develop the Kamoa-Kakula project in the Democratic Republic of Congo, it is no surprise that Ivanhoe Mines' executive chairman, Robert Friedland, is bullish on copper. The engine that drives his confidence comes in the form of electric vehicles which, according to investment manager U.S. Global Investors, need up to four times the amount of copper traditional...Read More

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