Prices for rebar produced and delivered in Northern Europe narrowed upward by ?,?15 per tonne over the past week as supplies tightened amid summer maintenance shutdowns at mills, sources told Metal Bulletin on Wednesday July 11.Metal Bulletin's weekly price assessment for domestic rebar in Northern Europe was ?,?550-560 ($645-657) per tonne delivered on Wednesday, up from ?,?535-560 per tonne...Read More

 CloseGain/LossGold $1242.20-$13.30Silver$15.80-$0.26XAU80.98-3.06%HUI174.53-2.88%GDM613.40-2.55%JSE Gold1072.36-5.43USD94.74+0.60Euro116.75-0.72Yen89.27-0.65Oil$70.38-$3.7310-Year2.840%-0.023T-Bond145.46875+0.46875Dow24700.45-0.88%Nasdaq7716.61-0.55%S&P2774.02-0.71%  The Metals: Gold dropped throughout most of world trade and ended near its last-minute low of $1242.00 with...Read More

By Ira EpsteinThe washout in metals is running hot.https://www.iraepstein.com/ Read More

Today's Wall Street Journal contains a couple of charts that illustrate a relationship that's not getting much media attention these days: The fact that tightening labor markets are forcing companies to raise wages, in the process squeezing their own profit margins. Historically this margin compression has been either a cause of or contributor to cyclical turning points in other words it coinc...Read More

By Steve St. AngeloIs the U.S. Government hiding a massive gold deposit in the Chocolate Mountains in California? Well, according to a few top-notch conspiracy theorists, the U.S. Congress passed the Desert Wilderness Protection Act that has cordoned off this vast gold discovery from the public. Unfortunately, we may never know if this mammoth gold deposit exists due to the clandestine natu...Read More

August futures set up such an appealing buying opportunity for bulls Monday that several subscribers jumped on it when a timely 'mechanical' entry strategy was posted in the chat room. Alas, anyone who got long toward the end of the day watched the trade sink precipitously overnight, stopping out the position for a loss of around $600 per contract. As a rule, when a juicy Hidden Pivot trade set-...Read More

TSX Venture Symbol: COROTCQB Symbol: CAMZF Frankfurt: XC01VANCOUVER , July 11, 2018 /CNW/ - Camino Minerals Corporation ("Camino" or the "Company") (COR:TSX-V) wishes to report that it has filed an application with the Peruvian Mines and Energy Ministry and INGEMMET to renounce the title for remaining claims that formed part of the Red Beds Property located in the Department of Cuzco, Peru.The...Read More

In yesterday's analysis, we discussed how meaningful gold and silver's pre-market decline was given a relatively small move in the USD Index. The implications were quite bearish for the PM market, especially that we had just seen a target being reached in gold stocks. And because mining stocks had just underperformed gold for the first time in weeks. Yet, before the day was over, the USD, gold a...Read More

- World Cup weighs nearly 200 ounces (6.17 kilos) and is 18 Karat or 75% pure gold- World Cup's value is just ?140,000 at today's depressed prices- 30% less than England's Harry Kane's weekly wage of ?200,000- World Cup fever takes over England ahead of semi final tonight- World Cup's true value is priceless to players and nationsThe World Cup is worth at today's gold prices a measly ?140,000 (...Read More

Gold can fall first and then rise. Investors will prefer to sit on cash or invest in a safer bond market till a clear picture on the impact of the USA induced trade war is there. Anyways equities offer a much better return than gold in the short term. Risk is much higher in stocks than gold but returns outweigh risk. I again repeat that gold investment is not for a few weeks to a quarter. Gold h...Read More

Italy's industry minister Luigi Di Maio is expecting to see a new proposal from ArcelorMittal about jobs and the environment at Italian steelmaker Ilva, he said at a meeting with trade unions and the steelmaker on July 9. ArcelorMittal originally expected to finalize the acquisition by the end of the second quarter, but in late June the Italian authorities postponed the takeover of Ilva by Arcelor...Read More

 CloseGain/LossGold $1242.20-$13.30Silver$15.80-$0.26XAU80.98-3.06%HUI174.53-2.88%GDM613.40-2.55%JSE Gold1072.36-5.43USD94.74+0.60Euro116.75-0.72Yen89.27-0.65Oil$70.38-$3.7310-Year2.840%-0.023T-Bond145.46875+0.46875Dow24700.45-0.88%Nasdaq7716.61-0.55%S&P2774.02-0.71%  The Metals: Gold dropped throughout most of world trade and ended near its last-minute low of $1242.00 with...Read More

Stainless steel prices in North America are likely to be supported by the US Section 232 steel import tariffs while, in Asia, Chinese production cuts on environmental grounds could support prices in the third quarter.And in Europe, price stability is expected unless safeguarding measures are introduced by the European Commission, with a preliminary decision expected within the next week. Prices ar...Read More

VANCOUVER, BRITISH COLUMBIA / July 11, 2018 / MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / OTCQB: MGXMF / FKT: 1MG) and engineering partner PurLucid Treatment Solutions Inc. ("PurLucid") are pleased to report that two sea containers containing a second wastewater treatment system have arrived from the pipe and metal fabricator. The system is scheduled for installation at an oil and gas...Read More

Full Article: The Nuances Of a Gold Price SaleBy: Stewart ThomsonFor 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 because gold is simply an asset that is either on sale or...Read More

Tin premiums in Europe have softened over the week to Tuesday July 10 after dwindling demand began to take root over the summer period, while premiums in the United States and China held steady on abundant supply and minimal spot activity. Supply flows unsettle European tin market  Rotterdam 99.9% tin premiums soften as demand weakens  China, US premiums flat Tin premiums fall again in...Read More

Lead prices on the London Metal Exchange fell over 5% at the close of trading on Wednesday July 11, topping broad complex losses amid mounting pressure from the ongoing US-China trade spat. Lead prices on the London Metal Exchange fell by more than 5% at the close of trading on Wednesday July 11, topping broad complex losses amid mounting pressure from the ongoing US-China trade spat. Fueled...Read More

CIS export billet prices continued to fall on Wednesday July 11 amid a lack of supporting factors, Metal Bulletin was told.Buying activity in most markets remained close to nil, with customers referring to weak domestic markets for finished long steel products, and consequently expecting import billet prices to drop further.Besides that, import scrap prices in Turkey moved downward again with book...Read More

The latest news and price moves to start the Asian day on Thursday July 12.Lead prices on the London Metal Exchange fell by around 5% at the close of trading on Wednesday July 11, topping broad complex losses amid mounting pressure from the ongoing US-China trade spat. Read more in our live futures report. Here are how prices looked at the close of trading:The stainless steel scrap market in...Read More

The latest news and price moves to start the North American day on July 11.Base metals on the London Metal Exchange were plummeted during morning trading due to unsettled by trade tensions amid threats of further US-imposed tariffs against $200 billion worth of Chinese goods.Here is how base metals prices looked at 12:08pm London time:Read our live futures report here."The rout in base metals cont...Read More