Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-terma charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tre...Read More

Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average   turned higher at the close on the first trading day of the second half of 2018. The blue-chip index fell 1.8% in the first six months of the year.The S&P 500 rose 1.7% in the first half of 2018, and the tech-heavy Nasdaq jumped 8.8%.Tesla Inc. (TSLA) reached its goal of produci...Read More

Blister copper refining charges (RC) terms in China increased in June due to higher availability of overseas materials, which offset part of the capacity lost in the production halt while inspections took place over the month.The monthly blister copper 98-99% spot cif China RC rose to $215-235 per tonne, with a sale of several thousand tonnes reported at the higher end of the range and offers comi...Read More

Comex copper prices softened for the fourth consecutive day on July 2 morning in the US, with a stronger dollar keeping base metals pressured.Copper for September settlement on the Comex division of the New York Mercantile Exchange dipped 2.10 cents or 0.7% to $2.9450 per lb. The red metal is being pressured by threats of a global trade war due to increasing tariffs. New reports of president....Read More

BP plc is to buy Chargemaster, the UK's largest charging company for electric vehicles (EVs), in the latest move by oil and gas companies to tap into the electromobility revolution.Along with peers such as Royal Dutch-Shell and Total, oil conglomerate BP has been making relatively small but significant investments into the infrastructure required for charging EVs, and not just as a contributor to...Read More

(Kitco News)- Gold and silver prices are moderately lower in early U.S. trading Monday. Gold isnot far above last week’s 12-month low, while silver futures hit a 6.5-monthlow overnight. A firmer U.S. dollar index is a negative for the precious metalsto start the trading week. August gold futures were last down $4.10 an ounce at$1,250.30. July Comex silver was last down $0.194 at $15.91 an ou...Read More

Key takeaways from Industrial Minerals tenth Lithium Supply & Markets Conference, which took place in Las Vegas on June 26-28.Battery makers and new energy vehicle (NEV) manufacturers seek lower lithium prices, multi-year commitmentsThe world's largest consumers of lithium compounds, such as battery makers and NEV manufacturers, want lower and stable lithium prices. After the shortening of contrac...Read More

The XHB homebuilder ETF is decisively below three key moving averages after it knifed below its 50 dma last week. KB Homes reported a big earnings and revenue "beat" on Thursday after the market closed. The stock soared as much as 9% on Friday. Per the advice I gave my subscribers about shorting the inevitable price-spike in the stock, I shorted the stock Friday mid-day (July and August at...Read More

The Monday Market Minute Global stocks slide as China weakness, Japanese pessimism and German politics pound market sentiment.China stocks slump deeper into bear market territory following soft manufacturing data that suggests trade tensions are sapping growth prospects.Euro slides to session-low of 1.1630 as Germany faces political crisis over immigration that could toppled Chancellor Angela Me...Read More

Blister copper refining charges (RC) terms in China increased in June due to higher availability of overseas materials, which offset part of the capacity lost in the production halt while inspections took place over the month.The monthly blister copper 98-99% spot cif China RC rose to $215-235 per tonne, with a sale of several thousand tonnes reported at the higher end of the range and offers comi...Read More

WASHINGTON (Reuters) - The U.S. Chamber of Commerce, the nation's largest business group and customarily a close ally of President Donald Trump's Republican Party, is launching a campaign on Monday to oppose Trump's trade tariff policies.With some of America's tightest trading partners imposing retaliatory measures, Trump's approach to tariffs has unsettled financial markets and strained relations...Read More

Key data from the pricing session in the week ended Friday June 29. China  Chinese stainless steel mills released higher tender prices for July.  Prolonged ferro-chrome smelter shutdowns have continued to tighten the market and boost prices.  Imported UG2 chrome ore prices dropped due...Read More

BRUSSELS (Reuters) - The European Union has warned the United States that imposing import tariffs on cars and car parts would harm its own automotive industry and likely lead to counter-measures by its trading partners on $294 billion of U.S. exports.In a 10-page submission to the United States Commerce Department sent last Friday, the European Union said tariffs on cars and car parts were unjusti...Read More

MEXICO CITY (Reuters) - Mexico's new president Andres Manuel Lopez Obrador said he would pursue friend and foe alike in a crackdown on corruption after voters handed him a powerful mandate for government with a landslide election victory on Sunday.Lopez Obrador, the first leftist president since the end of one-party rule in 2000, won between 53 and 53.8 percent of votes, according to a quick count...Read More

SEOUL/WASHINGTON (Reuters) - White House national security adviser John Bolton said on Sunday he believed the bulk of North Korea's weapons programs could be dismantled within a year, as the United States and North Korea resumed working-level talks.Bolton told CBS's "Face the Nation" that Washington has devised a program to dismantle North Korea's weapons of mass destruction - chemical,...Read More

* Dollar hits fresh 6-week high vs yen * Platinum hits lowest since Jan. 2016 * Specs cut net long positions in gold, silver in week toJune 26 * SPDR holdings fell to lowest since Aug. 2017 (Adds comment, details and updates prices)By Karen RodriguesBENGALURU, July 2 (Reuters) - Gold prices edged lower onMonday as the dollar firmed after last week's U.S. inflationdata supported the Federal Reserve...Read More

Prices for both low-grade and high-grade cobalt tipped below $40 per lb in the week ended Friday June 29, with sellers facing continued weak demand and competition for business.Low-grade and high-grade cobalt prices were assessed on Friday at $39.70-41.00 per lb, in-warehouse, down from $40.35-41.25 per lb at the start of the week."[The market is] dead in terms of people actually booking [material...Read More

The global downtrend in antimony prices continued last week amid weakening demand.In Europe, prices for antimony with bismuth content below 100ppm or trioxide-grade in-warehouse Rotterdam moved down to $7,900-8,150 per tonne on Friday June 29 from the mid-week assessment of $8,000-8,250 per tonne.The MMTA standard grade II antimony in-warehouse Rotterdam price was stable at $7,900-8,150 per tonne...Read More

Blister copper refining charges (RC) terms in China increased in June due to higher availability of overseas materials, which offset part of the capacity lost in the production halt while inspections took place over the month.The monthly blister copper 98-99% spot cif China RC rose to $215-235 per tonne, with a sale of several thousand tonnes reported at the higher end of the range and offers comi...Read More

CloseGain/LossGold $1240.20-$12.30Silver$15.85-$0.24XAU81.11-0.60%HUI173.49-0.59%GDM615.97-0.77%JSE Gold1060.20+0.44USD94.99+0.42Euro116.22-0.57Yen90.27-0.10Oil$73.94-$0.2110-Year2.864%+0.009T-Bond144.75-0.25Dow24307.18+0.15%Nasdaq7567.69+0.76%S&P2726.71+0.31% The Metals: Gold fell throughout most of trade in New York and ended near its last-minute low of $1239.70 with a loss of 0.98%. Sil...Read More