Recent News

Gold Seeker Weekly Wrap-Up: Gold and Silver Gain Over 2% on the Week

February 16, 2018 / news.goldseek.com

CloseGain/LossOn WeekGold $1348.70-$4.70+2.58%Silver$16.68-$0.20+2.21%XAU83.23-2.63%+6.23%HUI184.95-2.33%+5.96%GDM631.75-2.20%+5.84%JSE Gold1204.14+7.09+6.38%USD89.15+0.57-1.42%Euro124.12-0.90+1.42%Yen94.00-0.27+2.07%Oil$61.68+$0.34+4.19%10-Year2.871%-0.031+0.56%Bond144.28125+0.28125+0.39%Dow25219.38+0.08%+4.25%Nasdaq7239.47-0.23%+5.31%S&P2732.22+0.04%+4.30% The Metals: Gold gained $8.30 t...Read More

COT Gold, Silver and US Dollar Index Report - February 16, 2018

February 16, 2018 / news.goldseek.com

Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort251,86076,25464,242150,847345,383466,949485,879Change from Prior Reporting Period -21,968-6,6973,685-7,803-18,718-26,086-21,730Traders17279744461251183 Small Speculators LongShortOpen Interest 44,79625,866511,745 2,510-1,846-23,576 non reportable positionsChange from the previous...Read More

Gold Up 3.8% In Week - If Closes Above $1,360/oz Will Be Biggest Weekly Gain In Nearly 2 Years

February 16, 2018 / news.goldseek.com

Gold rose as the dollar fell to near a three-year low against a basket of currencies on Friday, heading for its biggest weekly loss in nine months, as a slew of bearish factors including firming inflation and a fall in retail sales and industrial production hit the dollar.Gold in USD - 10 Years - (GoldCore)U.S. producer prices accelerated in January, boosted by strong rises in the cost of gaso...Read More

The #gold price is on track for its biggest weekly gain in nearly two years:

February 16, 2018 / bit.ly

Gold is on track for its biggest weekly gain in nearly two years, with silver down slightly and oil hitting a snag on concerns over inflation.Read full newsRead More

DIARY-Government Debt Auctions to March 30

February 16, 2018 / www.kitco.com

Feb 17 (Reuters) - For other diaries, please see:Top Economic Events Polling Unit Diary Today in Washington Political and General News DATECOUNTRY AUCTION DETAILS 19-FebNetherlands DTC auction20-FebGermany Auction of 2-year Treasury notes20-FebSpain Auction of 3- and 9-month Treasury bills20-FebUnited States Sale of 2-year notes21-FebUnited States Sale of 2-year floating rate notes21-FebUnited Sta...Read More

DIARY-Emerging Markets Economic Events to March 29

February 16, 2018 / www.kitco.com

Feb 17 (Reuters) - For other diaries, please see:Top Economic Events Government Debt Auctions Political and General News Events Index of All Diaries Guide to Economic Indicators -----------------------------------------------------------This Diary is filed daily -----------------------------------------------------------MONDAY, FEBRUARY 19SYDNEY - Speech by Michele Bullock, RBA Assistant Governor...Read More

DIARY-Top Economic Events to March 27

February 16, 2018 / www.kitco.com

Feb 17 (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, FEBRUARY 19BRUSSELS - Eurogroup meeting.TUESDAY, FEBRUARY 20** BRUSSELS - ECB Vice Presid...Read More

Gold price forecast: Stage set for a rally to $1,400

February 16, 2018 / www.fxstreet.com

Gold best positioned to benefit from rising inflation and asset price deflation. Bullish technical setup on the daily and weekly chart. XAU/USD risk reversals show strong call bias. The current narrative in the market is that yields are rising for all the wrong reasons - fiscal indiscipline, rising price pressures. And hence, the traditional inter market correlations have broken down. Rising bon...Read More

BTU Metals: #Gold Exploration in the Republic of Ireland

February 16, 2018 / bit.ly

Gold Exploration in the Republic of IrelandRead full newsRead More

EMERGING MARKETS-LatAm stocks edge up amid solid earnings season

February 16, 2018 / www.kitco.com

By Daina Beth SolomonMEXICO CITY, Feb 16 (Reuters) - Key Latin American stocks edged up on Friday, helped by optimism on corporate earnings, but investors remained concerned that higher U.S. interest rates could hit demand for emerging markets. Mexico's S&P/BMV IPC index rose 0.12 percent, capping several days of modest gains, while Brazil's Bovespa rose 0.28 percent. In Mexico, bottler and re...Read More

The Year of the Dog Begins and Gold Gains 3% On the Week

February 16, 2018 / www.kitco.com

The Chinese New Year, also known as the Spring Festival begins today initiating the year of the dog. Trading was quiet in Asia as markets closed in observance of this holiday. Substantial weekly gains characterized gold pricing as the U.S. dollar index lost ground throughout the trading week. Gold futures (April 2018 contract) had significant gains trading from the lows on Monday at $1,317 per oun...Read More

The Year of the Dog Begins and Gold Gains 3% On the Week

February 16, 2018 / www.kitco.com

The Chinese New Year, also known as the Spring Festival begins today initiating the year of the dog. Trading was quiet in Asia as markets closed in observance of this holiday. Substantial weekly gains characterized gold pricing as the U.S. dollar index lost ground throughout the trading week. Gold futures (April 2018 contract) had significant gains trading from the lows on Monday at $1,317 per oun...Read More

Biggest Scam Against the American People Exposed

February 16, 2018 / www.schaeffersresearch.com

No one believed Porter Stansberry nine years ago.As head of one of America's largest independent financial research firms, Mr. Stansberry's work back in 2008 led him to a bold, but worrisome, conclusion:That the world's largest mortgage bankers- Fannie Mae and Freddie Mac, which at the time were responsible for nearly 50% of all the mortgages in America-would soon go bankrupt.In fact, in June of 2...Read More

Biggest Scam Against the American People Exposed

February 16, 2018 / www.schaeffersresearch.com

No one believed Porter Stansberry nine years ago.As head of one of America's largest independent financial research firms, Mr. Stansberry's work back in 2008 led him to a bold, but worrisome, conclusion:That the world's largest mortgage bankers- Fannie Mae and Freddie Mac, which at the time were responsible for nearly 50% of all the mortgages in America-would soon go bankrupt.In fact, in June of 2...Read More

GLOBAL MARKETS-World stocks post best week in 2 years, dollar climbs

February 16, 2018 / www.kitco.com

(Adds close of U.S. markets)* Indictment over alleged Russian election meddling cools market* Stocks rally for sixth straight session* Euro zone, Treasury bond yields fall* Crude rises on equity rebound and weak dollar By Herbert LashNEW YORK, Feb 16 (Reuters) - The dollar rose and stocks around the globe rallied for a sixth straight session on Friday to post their best week in more than two yea...Read More

Curetis expects a near term decision by FDA approving first product in US

February 16, 2018 / www.proactiveinvestors.com

CEO Oliver Schacht from Curetis (EN Amsterdam:CURE) tells Proactive Investors says their Unyvero Platform finds killer bugs in hospitals and tells doctors which antibiotics to use.Schacht says they expect the FDA to approve the platform and first product in the U.S. which is a test for life-threatening ammonia. Schacht says he anticipates this to happen in the next few weeks.  Meet Medusa Min...Read More

FTSE 100 caps comeback week with 60 point rise; FCA gives MPs full report into RBS GRG unit

February 16, 2018 / www.proactiveinvestors.co.uk

FTSE 100 rises 59 pointsRetail sales rise less than expected Segro shares jump after well-received results Property company Segro PLC (LON:SGRO) led the Footsie higher on Friday after a strong set of results.The FTSE 100 closed at 7,295, up 60 points on the day and more than 200 points on the week.SEGRO topped the leader-board with a 6.5% rise to 591.2p after reporting a 25.7% increase i...Read More

UPDATE 1-Speculators trim bearish dollar bets to six-week low -CFTC, Reuters data

February 16, 2018 / www.kitco.com

(Adds details, table, analyst's comment, byline)By Saqib Iqbal AhmedNEW YORK, Feb 16 (Reuters) - Speculators' net short bets on the U.S. dollar in the latest week shrank to a six-week low, according to calculations by Reuters and Commodity Futures Trading Commission data released on Friday.The value of the net short dollar positions - derived from net positions of International Monetary Market spe...Read More

Trader sues Fidelity over website glitch during market rout

February 16, 2018 / www.kitco.com

BOSTON, Feb 16 (Reuters) - A New Jersey trader filed a lawsuit against Fidelity Investments, accusing it of "gross negligence" because he could not make trades on the company's website earlier this month during a volatile time on the stock market.The complaint by Christopher Musso comes after mutual fund company Fidelity, which also operates one of the largest U.S. online brokerages, sai...Read More

CANADA STOCKS-TSX racks up best week in two years as oil shares rise

February 16, 2018 / www.kitco.com

(Adds details, updates prices)Feb 16 (Reuters) - Canada's main stock index rose on Friday as a boost from the heavyweight energy sector helped the market rack up its best weekly performance in nearly two years.* The Toronto Stock Exchange's S&P/TSX composite index finished up 44.98 points, or 0.29 percent, at 15,452.64.* For the week, the index was up 2.8 percent in its biggest increase since...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok