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, - 14 October, 2016

Gold fell $9.38 to $1248.72 at about 8:30AM EST before it bounced back to $1257.46 in early afternoon trade and then drifted back lower into the close, but it ended with a loss of just 0.53%. Silver slipped to as low as $17.373 and ended with a loss of 0.29%. Full Story

By: - 14 October, 2016

COT Gold, Silver and US Dollar Index Report - October 14, 2016 Full Story

By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 14 October, 2016

It is now clear to most observers that the People’s Bank of China wants the Yuan lower and is encouraging a ‘controlled’ devaluation over time. They are keen not to have a howling condemnation of a lower Yuan so are moving slowly, although compared to efforts by the E.U. and Japan to drive their currencies lower their actions are extremely restrained. Full Story

By: GoldCore - 14 October, 2016

Goldman Sachs has long been the most vocal, prominent and widely quoted bear in the gold market. However, in recent weeks there is a marked change in their tune and they are now bullish on gold in the medium and long term. They are concerned about further price weakness in the short term as we run into year end but believe this will be a buying opportunity. Full Story

By: Chris Mullen, - 13 October, 2016

Gold gained $6.20 to $1261.40 in Asia before it fell back to $1255.48 in early New York trade, but it then chopped back higher into the close and ended with a gain of 0.23%. Silver slipped to as low as $17.414 and ended with a loss of 0.23%. Full Story

By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 13 October, 2016

China continues to hold higher gold price levels than New York or London, but today we are seeing London opening at Shanghai’s levels. Shanghai continues to reflect physical demand as the Yuan continues to weaken. We forecast a falling Yuan with 7.00 by year’s end close to the beginning of the year and pointed out it would accelerate it fall after becoming a currency used in the SDR. It is doing this now. Full Story

By: GoldCore - 13 October, 2016

Traditional market liquidity is drying up. Increasingly dark pools are hoovering up equity and FX volumes. Markets are becoming disjointed and prone to large wild swings. Central banks are entering the market on political mandates as opposed to a search for yield, algorithmic investors are untested in bear markets and likely unprepared. The table is set for significant disruption and systemic damage. Your gold investment may not be accessible nor liquid in times extremis. Full Story

By: Chris Mullen, - 12 October, 2016

Gold dropped $2.94 to $1250.66 by a little after 8AM EST before it jumped up to $1258.19 in the next 2 hours of trade and then drifted back lower into midday, but it then bounced back higher into the close and ended with a gain of 0.13%. Silver slipped back to $17.369 before it also rallied back higher in late trade and ended with a gain of 0.46%. Full Story

By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 12 October, 2016

With the gold price in sterling having risen +37.11% since January 6th we note that the last time the Pound Sterling faced this much exchange rate damage it imposed Exchange Control in the form of the Dollar Premium. Now it simply accepts the fall in sterling, which gives it a huge competitive edge in the exports markets. It is likely to also see a major drop in the Trade deficit. And this is only on the certainty, but not the reality of Brexit, which will not be triggered until next year and completed two years after that. Full Story

By: GoldCore - 12 October, 2016

Gold in GBP has risen another 3.5% in the last 3 trading days as the British pound continues to be “pounded” on international markets. Gold in GBP terms is now 43% higher year to date and has risen from £716/oz on January 1st to £1024/oz today. Sterling is now the worst performing major currency in 2016 and gold the best. Full Story

By: Chris Mullen, - 11 October, 2016

Gold chopped between $1255.70 and $1261.90 in Asia before it dropped down to $1252.90 in London and then bounced back higher in New York, but it still ended with a loss of 0.48%. Silver slipped to as low as $17.44 and ended with a loss of 0.91%. Full Story

By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 11 October, 2016

We note that the gold price in the euro and the Yuan have been relatively steady. It is in the dollar that the gold price has weakened. The gold price is back in consolidation mode and can go either way. The downside, we feel, is pretty limited but the upside stretches a long way. Nevertheless we look to the New York market, tempered by Shanghai to point the way. Full Story

By: GoldCore - 11 October, 2016

Ron Paul, an astute observer of the markets, warned in a CNBC interview that “if investors are looking for the next U.S. president to create stability in the markets, it’s not going to happen.” Along with jitters about the Federal Reserve’s next move on interest rates, investors are weighing whether Democratic contender Hillary Clinton or Republican nominee Donald Trump will be better for investors. The libertarian icon and former Texas Congressman suggested market players may not want to hold their breath. Full Story

By: Chris Mullen, - 10 October, 2016

Gold gained almost $10 to $1264.89 in Asia before it chopped back down to $1257.75 in late morning New York trade, but it still ended with a gain of 0.37%. Silver rose to as high as $17.799 and ended with a gain of 0.92%. Full Story

By: Julian D. W. Phillips, Gold/Silver Forecaster - Global Watch - 10 October, 2016

Shanghai is back from holiday. And they were not prepared to accept New York’s physical free price of $1,254 trading $11 - $13 higher. We remind ourselves that Shanghai is the biggest physical market in the world. It is also the first time Chinese investors and the PB o C has had the opportunity to react to the Yuan being one of the world’s leading currencies as one of those making up the SDR. In addition let’s also remind ourselves that there is no love lost between the U.S. and China as China is a separately developing ‘empire’ to that of the developed world. Full Story

By: GoldCore - 10 October, 2016

The timing of the sudden sell off, when Chinese gold markets and the Shanghai Gold Exchange (SGE) were closed for the five days of the Chinese Golden Week, has rightly raised a lot of eyebrows. China is now a powerful force in the gold market, and is influencing global gold prices through the physical gold exchange, the Shanghai Gold Exchange and indeed the Shanghai Futures Exchange. China also has four gold-backed ETFs that are growing in popularity. Full Story

By: Chintan Karnani, Insignia Consultants - 10 October, 2016

Just trade in the technical. Ignore the US presidential debate. Current US president Obama last few days antics won him a second term. So November trend will be the decider. People love politicians mudslinging each other in elections and that is what the media is feeding them. Physical gold and silver demand all over the world should zoom. Technically silver has a triple bottom at $17.10. Silver can rise to $2007 and $2276 in the short term if it manages to trade over $17.10 on daily closing basis. Gold needs to trade over $1233 for the rest of the month for another assault at $1341. 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.