Gold has long been regarded as a prized and unique commodity throughout history. Gold can serve as a financial safety net during times of geopolitical and macroeconomic turmoil because of its role as a global store of wealth.Hedge Against InflationBecause gold's price rises in response to rising living costs, it's historically been a great inflation hedge. When inflation was rampant, gold prices s...Read More

Fortescue Future Industries (FFI) will become the largest supplier of green hydrogen to the United Kingdom after signing a multi-billion-pound deal with construction giant J C Bamford Excavators (JCB) and Ryze Hydrogen (Ryze).Fortescue Future Industries announced the deal today. The company plans to produce zero-emission green hydrogen from 100 per cent renewable sources. Under a memorandum of und...Read More

Owning Metals Has Many AdvantagesGold, the most well-known precious metal, isn't the only option for investors looking for portfolio diversification and inflation protection. If you have a precious metals portfolio, you can diversify by adding silver, platinum, and palladium. Each metal has its own set of risks and rewards.Top Benefits in Investing in Precious Metals1. Hedge against inflationDolla...Read More

While both precious metals are great buys, gold vs silver both have their own unique benefits and downsides.Gold is not as hot as you may think it is. And silver may not be as weak as you think it is. When thinking of investing between these two beneficial precious metals, both metals may not be as clear-cut as you'd like, or as you'd think.Keep the following discussion in mind:Considering the Met...Read More

Mining and metals companies say they're serious about transitioning to a sustainable economy, but whether they can afford to is another matter.Achieving decarbonization throughout the supply chain is going to require a huge amount of investment in technology to reimagine production processes and redesign existing sites.Last week, the International Aluminium Institute estimated that to decarbonize...Read More

Bob Moriarty ArchivesNov 1, 2021When I talk with management of any company wanting to brief me, I try to stay away from the elevator pitch. Every company president or CEO has given it 3,587 times and has it memorized. All they tell you is what they want you to know. Naturally they tend to ignore all the things you really need to know. So in any meeting when I appear to be chatting in reality I am...Read More

Freeport-McMoRan (NYSE: FCX) announced today a plans to buy $3.0 billion of FCX common stock.The Board also approved the addition of a variable cash dividend on common stock for 2022 at an expected annual rate of $0.30 per share. The stock traded up 1.62% to $38.33 a share. Freeport is the world's number two copper miner. By Michael McCrae For Kitco NewsFollow michaelmccraemmccrae@kitco.comwww.kit...Read More

Jack ChanPosted Nov 1, 2021Gold sector as represented by $HUI is now on amajor SELL signal.Long-term signals can last for months and are more suitable for investors.Short-term is on BUY signal.Short-term signals can last for days and weeks and are more suitable for traders. Speculation is in bear market values, but now at level of previous tradable bottom.Speculation in bear market values, but at...Read More

Ramelius Resources (ASX:RMS) is increasing its offer for Apollo Consolidated (ASX:AOP).Ramelius said today that it will pay 34 cents in cash plus .1778 Ramelius shares for each Apollo share, a total offer worth A$181 million.Apllo's board supports the offer.The bid upsets Gold Road Resources (ASX:GOR) offer from last month, which was about A$166 million on a fully-diluted basis and trumped an earl...Read More

The latest data for the global manganese ore market for the week ended Monday November 1.Read More

Troubled Harte Gold (TSX: HRT) announced today it is extending its legal negotiations with its lenders to review its options and find a buyer.Harte Gold holds a 100% interest in the Sugar Zone mine located in White River, Canada. The Sugar Zone Mine entered commercial production in 2019.The company announced a forbearance agreement with BHP Paribas in July.The company said it is carrying out a sal...Read More

Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - Bitcoin-U.S. dollar are higherin early U.S. trading Monday. Bulls are keeping alive a price uptrend in placeon the daily bar chart. They have to defend last week's low, as a drop belowthat key chart su...Read More

Strengthening sentiment from limited supply sent the market for low-grade and high-grade manganese ore higher in the week to Friday October 29, despite weaker ore prices at ports and falling silico-manganese markets in China.Fastmarkets' manganese ore index 37% Mn, cif Tianjin was calculated at $4.83 per dry metric tonne unit (dmtu) on Friday, up 6 cents, or 1.3%, from $4.77 per dmtu a week earlie...Read More

The S&P 500 closed up 0.18% to 4,613.67, the Dow Jones added 0.26% to 35,913.84 and the Nasdaq rose 0.63% to 15,595.92.At the end of last week, 56% of the companies in the S&P 500 had reported actual Q3 results, with 82% beating earnings estimates - above the five-year average of 76%, according to FactSet."If 82% is the final percentage for the quarter, it will mark with the fourth highest...Read More

(Reuters) - The U.S. Treasury said on Monday it plans to borrow $1.015 trillion in the fourth quarter, more than the August estimate of $703 billion, due to having a lower balance at the beginning of the quarter.This is somewhat offset by a lower end-of-quarter balance and higher receipts, the Treasury said in a statement. The fourth-quarter estimate assumes an end-Dec. cash balance of $650 billio...Read More

NEW YORK (Reuters) - Rising illiquidity in the $14.8 trillion U.S. Treasuries market could spill over into other financial markets as hedge funds reduce their capacity to take on risk, Bank of America warned in a report on Monday.Leveraged hedge funds in particular have likely suffered large losses from the rapid increase in short-term Treasury yields, the report added."These moves have exposed st...Read More

WASHINGTON, Nov 1 (Reuters) - U.S. Senate Majority Leader Chuck Schumer said on Monday that talks on President Joe Biden's social policy and climate change legislation continue to make "good progress," despite concerns aired earlier in the day by a key Democratic lawmaker. (Reporting by David Morgan, Editing by Rosalba O'Brien) Disclaimer: The views expressed in this article are those of the auth...Read More

Mining and metals companies say they're serious about transitioning to a sustainable economy, but whether they can afford to is another matter.Achieving decarbonization throughout the supply chain is going to require a huge amount of investment in technology to reimagine production processes and redesign existing sites.Last week, the International Aluminium Institute estimated that to decarbonize...Read More

WASHINGTON, Nov 1 (Reuters) - U.S. manufacturing activity slowed in October, with all industries reporting record-long lead times for raw materials, indicating that stretched supply chains continued to constrain economic activity early in the fourth quarter.The Institute for Supply Management (ISM) survey on Monday also hinted at some moderation in demand amid surging prices, with a measure of new...Read More

Analysts have trimmed their gold price forecasts for the rest of this year and next, expecting the precious metal to hover around current levels in the fourth quarter before edging lower in 2022, according to a Reuters poll. Typically seen as a safe investment, gold performs well when investors are anxious and when returns on other assets like bonds are low.Prices leaped to record highs above $2,0...Read More