Two of the most powerful men in the world. Trump? Putin? Xi? Nah. Chairman Jerome Powell and President Mario Draghi. Let's analyze their recent press conferences! Powell - Chairman for People In the last edition of the Gold New Monitor, we promised that we will elaborate on the Powell's and Draghi's press conferences. It's high time we fulfilled the promise. The first thing that strikes you w...Read More

COLORADO SPRINGS, June 19, 2018 (GLOBE NEWSWIRE) -- Gold Resource Corporation (NYSE American: GORO) (the "Company") today announced it has begun constructing its Isabella Pearl open pit heap leach gold project (Project) located in Mineral County, Nevada. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA. The Comp...Read More

VANCOUVER , June 19, 2018 /CNW/ - Northern Vertex Mining Corp. (NEE.V) (OTC-Nasdaq Intl.: NHVCF) (the "Company" or "Northern Vertex") is pleased to announce the Company continues to meet or exceed the design expectations of the NI 43-101 Technical Report - Feasibility Study issued on July 13, 2015 for Northern Vertex's Moss Mine, located in NW Arizona. Kenneth Berry , President and CEO, stated:...Read More

   •  Fails to build on early gains led by reviving safe-haven demand.   •  Resurgent USD demand prompts some aggressive selling.   •  Technical weakness aggravates the fall in the last hour.  After an initial uptick to $1284 area, Gold came under some renewed selling pressure and tumbled to fresh six-month low in the last hour. In t...Read More

- Own a "bit of gold" as we are moving ever closer to a trade war- Global stock markets fall and main China index down sharp 3.8% at a two-year low- Investors are starting to worry that Trump is deadly serious about a trade warby John Stepek of Money WeekThe Chinese stock market took a hit today.The Shanghai Composite Index ended the session down 3.8% to close at a two-year low, notes Bloomb...Read More

Gold futures fell Tuesday to settle near their lowest levels of the year, as concerns over a potential trade war prompted more investors to seek refuge in the U.S. dollar, lifting a benchmark index for the greenback to its highest levels of 2018. Gold bucked what is typically a haven role for the precious metal when markets are roiled. "Gold has descended into the abyss despite intensifying trad...Read More

The latest news and price moves to start the Asian day on Wednesday June 20.Base metals on the London Metal Exchange ended trading broadly lower on Tuesday June 19, led by a 2.2% drop in aluminium prices, while nickel and zinc's three-month prices dipped 2.1%. Read more here in our live futures report.Here is how prices looked at the close of trading:BHP has agreed to sell its Cerro Colorado coppe...Read More

 CloseGain/LossGold $1275.50-$2.90Silver$16.30-$0.14XAU81.67-0.86%HUI176.86-0.55%GDM616.26-0.70%JSE Gold1071.97+7.06USD95.04+0.25Euro115.84-0.37Yen91.07+0.50Oil$65.07-$0.7810-Year2.890%-0.030T-Bond145.125+0.71875Dow24700.21-1.15%Nasdaq7725.59-0.28%S&P2762.57-0.40%  The Metals: Gold gained $5.60 to $1284.00 in Asia before it fell back to $1270.60 in London, but it then bounc...Read More

The latest metal markets news and price moves to start the North American day on Tuesday June 19. Base metals on the London Metal Exchange were broadly lower during morning trading after escalated trade tensions between the United States and China, as well as a surging dollar index, pile pressure on the complex.Nickel prices recorded the sharpest drop of the complex, falling more than 2% to a...Read More

Investing.com – Gold prices gained on Tuesday as intensifying U.S.-China trade tensions fuelled investor appetite for safe-haven gold. A softer dollar was also cited as supportive.Gold futures for?EUR?August?EUR?delivery on the?EUR?Comex?EUR?division of the New York Mercantile Exchange were?EUR?up $5.70, or 0.44%, to $1,285.70?EUR?a troy ounce by 12:40 AM ET (04:40 GMT).U.S. President Donald...Read More

   •  Attempted recovery alongside an ascending trend-channel seems to have formed a bearish flag chart pattern on the 1-hourly chart.    •  A convincing break below the channel support would expose a medium-term ascending trend-line, extending from Jan. 2017 lows through lows touched in July/Dec. 2017.    •  On the same chart, short-term...Read More

Good morning from Metal Bulletin's offices in Asia as we bring you the latest news and pricing stories on Tuesday June 19.Base metals prices on the Shanghai Futures Exchange were all down during Asian morning trading on Tuesday, with concerns of a full-blown trade war between the United States and China denting market sentiment and inducing a wave of selling across the complex.Check Metal Bulletin...Read More

The 15-minute chart shows gold (XAU/USD) has ended consolidation with an upside break (bullish breakout).  However, overbought readings in relative strength index (RSI) suggests the breakout could turn into a bull trap.  The 15-minute chart also shows a doji candle, signaling indecision despite a bullish breakout.  15-minute chart Current price: $1,283 Daily High: $1,283.81 Daily...Read More

Gold futures notched a modest gain on Monday, after a drop late last week that took the commodity to the lowest close of 2018, as trade tensions elevated global uncertainty, providing support for bullion prices. August goldGCQ8, -0.10% rose $1.60, or 0.1%, to settle at $1,280.10 an ounce, after booking the lowest settlement since December and producing a roughly 1.9% weekly decline on Friday. G...Read More

Switzerland-based miner-trader Glencore has settled a dispute over its Kamoto Copper Co (KCC) operation in the Democratic Republic of Congo (DRC). Now it's being singled out as a beacon of commitment to efforts by state-run mining company G?(C)camines to restructure its mining sector. Switzerland-based miner-trader Glencore has settled a dispute over its Kamoto Copper Co (KCC) operation in the Dem...Read More

SHANGHAI, Jun 20 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index registered a fresh high in 11 months on Tuesday and closed at 94.98 overnight, up 0.25%.This led base metals futures to fall across the board, except for SHFE tin. LME copper, aluminium, zinc dropped over 2%, nickel slid close to 2%, tin and lead fell cl...Read More

SHANGHAI, Jun 19 (SMM) – Nonferrous metals futures dipped across the board on Tuesday June 19 with SHFE copper leading losses and closing over 3.4% lower. Aluminium slumped over 2.8%, zinc fell nearly 2.4%, tin lost almost 2%, and nickel went down nearly 1.8%. Lead inched down.The ferrousc complex also plunged. Iron ore dived 4.6%, coke and coking coal lost some 4%, and rebar and hot-ro...Read More

SHANGHAI, Jun 19 (SMM) – China imported 48,500 mt, in lithium carbonate equivalent, of lithium raw materials in the first quarter of the year, up 4% from the fourth quarter of 2017 and 147% from the same period last year, SMM learned. Increased imports of run-of-mine lithium ore accounted for the year on year surge. Among the total imported lithium raw materials...Read More

Base metals on the London Metal Exchange ended trading broadly lower on Tuesday June 19, lead by a 2.2% drop in aluminium prices while nickel and zinc's three-month prices dipped 2.1%. Pressured by a surging US dollar index, which reached a fresh 2018 high of 95.30, the base metals complex traded lower throughout the day.Aluminium's three-month price recorded the largest drop of the day, shedding...Read More

Iron ore prices fell in both the physical and paper markets on Tuesday June 19 amid threats of a new round of tariffs by the United States on Chinese imports.Metal Bulletin 62% Fe Iron Ore Index: $66.45 per tonne cfr Qingdao, down by $2.04 per tonneMetal Bulletin 58% Fe Premium Index: $53.62 per tonne cfr Qingdao, down by $0.57 per tonneMetal Bulletin 65% Fe Iron Ore Index: $86.80 per tonne cfr Qi...Read More