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

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

Weekly Archives

By: Chris Mullen, - 5 August, 2016

Gold saw a slight gain at $1364.68 in Asia, but it then fell throughout most of trade in New York and ended near its late session low of $1334.84 with a loss of 1.76%. Silver slipped to as low as $19.695 and ended with a loss of 3.19%. Full Story

By: - 5 August, 2016

COT Gold, Silver and US Dollar Index Report - August 5, 2016 Full Story

By: GoldCore - 5 August, 2016

Gold in sterling was 2.2% higher yesterday and was marginally higher in dollar terms after the Bank of England cut interest rates to all time, 322 year record low at 0.25% and surprised markets by renewing and aggressively expanding quantitative easing or QE. Sterling fell sharply on markets and gold rose from £1,014/oz to over £1,036/oz where it remains this morning. Ultra loose monetary policies are now even looser after the BOE cut interest rates for the first time in more than seven years and launched a bigger-than-expected package of monetary measures. Full Story

By: Chintan Karnani, Insignia Consultants - 5 August, 2016

Indian demand for gold and silver will begin around the 20th of August. The Hindu festival of “Rakhee” marks the beginning of two and half months of festivals in India. Rakhee is a big gifting day also. On the emerging gifting trend in India, mobile phone and electronic gadgets are the most popular. Light weight silver jewelry, silver rakhee and other silver items are increasingly catching the fancy of the one and all in India. Full Story

By: Chris Mullen, - 4 August, 2016

Gold fell $8.86 to $1349.24 in Asia before it rallied back to $1364.86 at about 8:45AM EST, but it then drifted back lower into the close and ended with a gain of just 0.17%. Silver slipped to as low as $20.044 and ended with a loss of 0.29%. Full Story

By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 4 August, 2016

The Bank of England lowered interest rates by 0.25% and said it had scope to do more if needed, including taking the key rate close to zero, they also announced a plan to lend as much as £100 billion ($132 billion) to banks to ensure the measures reach the real economy. In addition, the Monetary Policy Committee will buy £60 billion of government bonds over six months and as much as £10 billion of corporate bonds in the next 18 months. In total, the balance sheet could expand by £170 billion. Full Story

By: GoldCore - 4 August, 2016

Gross, the founder of and ex boss of the largest bond fund in the world PIMCO, now manager of the Janus Global Unconstrained Bond Fund, says buy gold and warns of the risks in the bond market. He favours allocating funds to physical assets such as gold and real estate and he explained why in interviews on CNBC and Bloomberg yesterday. Full Story

By: Chris Mullen, - 3 August, 2016

Gold fell $10.01 to $1354.49 at about 10:30AM EST, but it then bounced back higher in afternoon trade and ended with a loss of just 0.47%. Silver slipped to as low as $20.374 and ended with a loss of 0.97%. Full Story

By: GoldCore - 3 August, 2016

Enterprise is the energy of the individual that creates prosperity and gold is valuable matter to provide monetary capital, this is time proven to be the fundamental physics of economic and monetary science. It is the only dynamic to ensure a nation has continual prosperity, can maintain full meaningful employment and will create unstoppable progress. It can be no other way. Full Story

By: Chintan Karnani, Insignia Consultants - 3 August, 2016

Incoming US economic data releases (between June employment and July US employment) has been mixed. The non-recurring factors are no more. It will be technical trade. Physical demand for gold and silver in India and most parts of Asia is more or less zero. People in Asia that want to buy physical gold and are waiting for prices to correct. It is the expectation of higher demand at lower prices which is keeping everyone on their toes. Full Story

By: Chris Mullen, - 2 August, 2016

Gold gained $13.93 to $1367.23 by late morning in New York before it edged back lower in afternoon trade, but it still ended with a gain of 0.83%. Silver rose to as high as $20.775 and ended with a gain of 0.88%. Full Story

By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 2 August, 2016

We are seeing the Yuan strengthen against the U.S. dollar but staying in line with other currencies. The People’s Bank of China is not focused on the dollar but on the broad basket of currencies of its trading partners. The PB 0 C wants a stable to weakening Yuan and that despite what level the dollar will reach at some point this year. Full Story

By: GoldCore - 2 August, 2016

Bullion buyers and silver “stackers” in particular continue to accumulate. They see silver at below $30 per ounce as good value vis a vis gold ($1,360 per ounce), stocks and many other investments. Many believe, like GoldCore, that silver will surpass $50 per ounce again and should reach levels above $100 per ounce given the very favourable fundamentals of very little supply and robust demand. Full Story

By: Chintan Karnani, Insignia Consultants - 2 August, 2016

Momentum is hyper bullish for gold and silver. Everyone is buying gold and silver on dips. US GDP numbers on Friday has only added fuel to the bullish investor sentiment of gold and silver. Europe, Japan and now even the USA is getting plagued by mentally ill people who act as terrorist and kill innocents every day. These mentally ill people are called by the name of Islamic State and other names. Full Story

By: Chris Mullen, - 1 August, 2016

Gold fell $4.90 to $1346.40 at about 9:30AM EST, but it then rallied back higher for most of the rest of trade and ended with a gain of 0.15%. Silver rose to as high as $20.641 and ended with a gain of 0.44%. Full Story

By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 1 August, 2016

Shanghai prices were slightly lower but London stayed in line with Shanghai’s close. Shanghai continues to remain in synch with both New York and London despite the fact it is a far, far bigger physical gold market than the two put together. The Chinese appear to be quite happy to let the two smaller markets make the gold and silver price. But for how long? Full Story

© 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.