A plasma melting facility at Bulgaria's Kozloduy nuclear power plant has started operations, heralding a breakthrough in nuclear waste disposal to boost the decommissioning process, the European Bank for Reconstruction and Development (EBRD) announced today. Decommissioning work is under way at four of Kozloduy's six units (Image: EBRD)The technology allows for treatment of waste with a minimum r...Read More

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-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More

Base metals prices on the London Metal Exchange were mostly down during morning trading on Tuesday July 10, led by a significant drop in zinc prices, while ongoing uncertainty around Sino-US trade relations hampers the complex.Falling more than 3% over the morning, zinc prices are trading at their lowest point since June 2017 as the metal continues to struggle against a tight fundamental backdrop....Read More

Base metals prices on the Shanghai Futures Exchange were mixed during Asian morning trading on Tuesday July 10 with most of the complex oscillating either side of unchanged, while zinc was the early session's weakest performer with a drop of 1.7%.The most-traded August zinc contract fell to 21,820 yuan ($3,295) per tonne as at 10.23am Shanghai time, a drop of 385 yuan per tonne or 1.7% from Monday...Read More

BEIJING (Reuters) - China’s commerce ministry said on Tuesday it is raising “anti-dumping tariff rates” for some optical fiber products originating from the United States, effective on Wednesday, July 11.The new anti-dumping tariff rates for dispersion unshifted single-mode optical fiber imported from the U.S. range between 33.3 percent to 78.2 percent, compared with 4.7 percent...Read More

Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:stewart@gutrader.comJul 10, 2018 For thousands of years, alchemists have dreamed of creating gold out of thin air.Arguably, today's alchemists are gold analysts obsessed with calling "market tops and bottoms". The relentless search for this holy market grail doesn't build retained gold market wealth.That's...Read More

LONDON, July 10 (Reuters) - Britain’s Prime Minister Theresa May said on Tuesday she was looking forward to positive talks with U.S. President Donald Trump later this week, after he said that Britain was in turmoil and considered May critic Boris Johnson a friend.“I’m looking forward to seeing President Trump... There’s much for us to discuss,” May said, adding that d...Read More

Michael Lillja will leave his position as head of marketing at Finnish speciality alloys company Afarak on September 1.He will start a new position within the steel and alloys sector on September 3."It has...Read More

The economy is melting down - the only support for the Propaganda Narrative of a "booming economy" is a rising stock market. Without a doubt Trump has ordered the Working Group on Financial Markets - AKA "the Plunge Protection Team" - to push stocks higher for now so insiders can unload.The huge jump in credit card debt reported yesterday by the Fed was received as "good news" for consumer spend...Read More

Global ferro-vanadium and vanadium pentoxide (V2O5) prices experienced considerable gains over the past week, taking their cue from strength in the Chinese domestic market. Chinese ferro-vanadium, V2O5 export prices rise in response to strength in domestic market European ferro-vanadium prices strengthen in line with Chinese market European V2O5 prices surge on supply concerns US FeV market conti...Read More

(Reuters) - The U.S. government believes it is in compliance with a court-ordered Tuesday deadline to reunite immigrant children under 5 who were separated from their parents while crossing the U.S.-Mexico border, according to a court filing.In a filing in U.S. federal court in San Diego on Tuesday, the government said 75 children were eligible to be reunited and 38 were likely to be back with a p...Read More

Global ferro-vanadium and vanadium pentoxide (V2O5) prices experienced considerable gains over the past week, taking their cue from strength in the Chinese domestic market. Chinese ferro-vanadium, V2O5 export prices rise in response to strength in domestic market European ferro-vanadium prices strengthen in line with Chinese market European V2O5 prices surge on supply concerns US FeV market conti...Read More

(Updates prices, headline; adds comment, second byline, NEWYORK to dateline)By Renita D. Young and Eric OnstadNEW YORK/LONDON, July 10 (Reuters) - Gold prices fell onTuesday, weighed down by a stronger U.S. dollar, and may re-testa seven-month low after a failed attempt to break higher in theprevious session.Spot gold was down 0.2 percent at $1,255.09 an ounceby 1:33 p.m. EDT (1733 GMT), after ret...Read More

(Kitco News) - Gold and silver prices aremoderately lower in early U.S. trading Tuesday. The safe-haven metals aresuffering from a perceived lack of geopolitical risks in the marketplace atpresent. A higher U.S. dollar index today is also a negative for the preciousmetals markets. Augustgold futures were last down $8.50 an ounce at $1,251.10.July Comex silver was last down $0.109 at $16.03 an ounc...Read More

WASHINGTON (Reuters) - More American workers voluntarily quit their jobs in May, government data showed on Tuesday, a sign of confidence in the labor market that economists say will soon boost wage growth.In its monthly Job Openings and Labor Turnover Survey, or JOLTS, the Labor Department said the number of workers leaving jobs of their own free will increased 212,000 to 3.3 million.That lifted t...Read More

LONDON (Reuters) - British Prime Minister Theresa May moved to reassert her authority on Tuesday after two top cabinet members quit and launched broadsides against her Brexit plans, winning support from many of her ministers including a leading eurosceptic.May said she had chaired a “productive” meeting of her government, unswayed by the resignations of Foreign Secretary Boris Johnson...Read More

NEW YORK (Reuters) - The S&P 500 stock index hit a four-month high on Tuesday, boosted by higher oil prices and strong earnings, while the U.S. dollar rose against the safe-haven Japanese yen as investors bought riskier assets.World share markets remained near three-week highs, supported by optimism about U.S. company earnings and the notion that global economic growth can withstand trade tens...Read More

LONDON (Reuters) - Prime Minister Theresa May’s spokesman said on Tuesday he hoped U.S. President Donald Trump would have a positive image of Britain following his visit this week after Trump said he thought the country was “in somewhat turmoil”.Trump made the remark as he set off on a trip to Europe which includes a visit to Britain where he will hold talks with May who is curre...Read More

WASHINGTON (Reuters) - The United States will consider requests from some countries to be exempted from sanctions it will put in effect in November to prevent Iran from exporting oil, U.S. Secretary of State Mike Pompeo said on Tuesday.“There will be a handful of countries that come to the United States and ask for relief from that. We’ll consider it,” Pompeo said according to t...Read More

CloseGain/LossGold $1255.50-$2.70Silver$16.06-$0.05XAU83.54+0.31%HUI179.70+0.49%GDM629.57-0.03%JSE Gold1077.79+1.72USD94.14+0.04Euro117.47UNCHYen89.92-0.34Oil$74.11+$0.2610-Year2.863%+0.002T-Bond145.0625-0.0625Dow24919.66+0.58%Nasdaq7759.20+0.04%S&P2793.84+0.35% The Metals: Gold fell $10.80 to $1247.40 in London before it bounced back higher in New York, but it still ended with a loss of 0...Read More