RIYADH (Reuters) - Britain and Saudi Arabia signed commercial deals worth more than $2 billion during Crown Prince Mohammed bin Salman's visit to London which ended on Friday, a joint statement said, without providing details.At the start of the trip, the countries set themselves a 65 billion pound ($90 billion) trade and investment target for the coming years, with London looking for new post-Bre...Read More

Adam HamiltonArchivesMar 09, 2018 The small contrarian gold-mining sector remains deeply out of favor, universally ignored. Thus the gold stocks are largely drifting listlessly, totally devoid of excitement. But that's the best time to buy low, when few others care. The gold stocks continue to form strong technical bases, paving the way for massive mean-reversion uplegs. And they remain exceedingl...Read More

(Reuters) - U.S. energy companies this week cut oil rigs for the first time in seven weeks even as crude prices hovered near a three-year high, prompting more drillers to boost spending plans for 2018.Drillers cut four oil rigs in the week to March 9, bringing the total count down to 796, General Electric Co's Baker Hughes energy services firm said in its closely followed report on Friday.The U.S....Read More

Key data from Metal Bulletin's Wednesday March 7 pricing session in China.Molybdenum concentrate Metal Bulletin Chinese free market, 45% Mo, in-warehouse China, RMB per mtu Key drivers- Supply is tight on earlier plant turnarounds conducted by major miners.- Recent surge in Chinese exports for January 2018 further underpins supply tightness.-...Read More

Camino Minerals' (COR.V) share price has continued to slide since reaching C$2 in April last year on the back of an interesting copper discovery in Peru. Whilst investors initially seemed to be speculating on Camino discovering one of the typical Peruvian large-scale copper porphyry deposits, the interest in Los Chapitos tanked.Undeservedly so.Camino Minerals has done pretty much everything right...Read More

CloseGain/LossOn WeekGold $1323.50+$1.40+0.12%Silver$16.58+$0.10+0.42%XAU78.90-0.09%+0.19%HUI172.92-0.36%-0.04%GDM603.40-0.33%+0.24%JSE Gold1126.62+6.28+1.72%USD90.13UNCH+0.21%Euro123.08-0.07-0.16%Yen93.69-0.46-1.02%Oil$62.04+$1.92+1.29%10-Year2.897%+0.037+1.29%Bond144.0625-0.53125-0.17%Dow25335.74+1.77%+3.25%Nasdaq7560.81+1.79%+4.17%S&P2786.57+1.74%+3.54% The Metals: Gold fell $9.20 to $1...Read More

(Reuters) - Lloyd Blankfein could step down as Goldman Sachs Group Inc (GS.N) chief executive as soon as the end of the year, the Wall Street Journal reported on Friday, swiveling the focus tofierce competition between the two contenders to replace him.Blankfein, 63, one of the longest-serving CEOs on Wall Street, has led what is viewed as the most powerful U.S. investment bank for nearly 12 years...Read More

Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort245,58761,76462,811153,421358,324461,819482,899Change from Prior Reporting Period -6,394-11,499-9,206-8,106-2,999-23,706-23,704Traders18379865062267196 Small Speculators LongShortOpen Interest 46,28125,201508,100 -1,054-1,056-24,760 non reportable positionsChange from the previou...Read More

Domestic stainless steel prices in China have fallen further over the past week following losses in the nickel market. Metal Bulletin's assessment of prices for benchmark 304 stainless CRC in the major market of Wuxi was 14,600-15,300 yuan ($2,304-2,415) per tonne including VAT for the week ended Thursday March 8, against 14,700-15,300 yuan per tonne from a week earlier. Nickel prices on the Londo...Read More

- International Women's Day highlights the underreported UK Women's pension crisis- 2.66 million affected by UK government's change to state pension act- Women's pension crisis is one of many in the UK, where there is a ?710bn deficit for prospective retirees- Changes by government highlights the counterparty risks pensions are exposed to- Global problem as pensions gap of developed countries gr...Read More

SEOUL/WASHINGTON (Reuters) - World leaders welcomed prospects for a possible thaw in the long standoff over North Korea’s nuclear weapons program on Friday after U.S. President Donald Trump said he was prepared to hold an unprecedented meeting with North Korean leader Kim Jong Un.Trump and Kim prompted jitters around the world last year as they exchanged bellicose insults over the North&rsqu...Read More

The European central bank seems to have adopted a middle of the road strategy in light of Trump's tax uncertainty. Traders were looking for an aggressive stance by the ECB on monetary withdrawal but were disappointed. The Euro fell and the US dollar gained. Gold fell following the US dollar gains. If US nonfarm payrolls comes in over 200,000 then gold and silver can fall more. I do not expect an...Read More

The Randgold Resources Kabili gold mine in the Democratic Republic of Congo, Africa. Source: Randgold Resources PLC.The announcement is the latest twist in a saga that began in late January following reports that the DRC was planning sweeping changes to the mining code that are expected to have an impact on every mining project in the country.The code is expected to bring an increase in taxes and...Read More

Editor's Note: Gold and silver have been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.(Kitc...Read More

Easing geopolitical concerns offset trade worries, for nowGreenback falls versus most majors; gold erases lossU.S. payrolls beat expectations in February with an increase of 313,000, Bloomberg's Michael McKee reports.U.S. stocks rose while Treasuries fell as the latest labor report showed the American economy continued to strengthen without the prior month’s rapid wage gains that stoked inf...Read More

Production has begun at Coeur Mining,Inc.’s (NYSE: CDE) Silvertip Mine in British Columbia following thecommissioning of mill operations, the company says. Ramp-up was described asslightly ahead of schedule, with mill throughput expected to steadily increasethroughout the remainder of the year from an estimated 250 tonnes per day inApril to 750 by year-end. “Ramp-up of milling rates an...Read More

Leagold Mining's Los Filos open pit gold mine 230 km south of Mexico City, Mexico. Source: Leagold Mining Corp."We view these changes positively as we believe this highlights the potential for additions to Los Filos reserves and production owing to the massive resource base there (11.5 million ounces gold in the measured and indicated category, plus a further 5.7 million ounces in the inferred cat...Read More

* Gold bounces off lows* U.S. non-farm payrolls post largest gain in 1-1/2 years* Slower wage growth weakens U.S. dollar (Recasts, updates prices; adds comment, NEW YORK to dateline)By Renita D. Young and Eric OnstadNEW YORK/LONDON, March 9 (Reuters) - Gold prices bounced offtheir lows on Friday after the U.S. dollar slipped against mostof its peers as slowing wage gains foreshadowed a gradualinfl...Read More

Argentina Lithium's exploration crew sampling the Lithium Triangle of Argentina. Photo courtesy Argentina Lithium & Energy Corp.The new project includes a combination of 100%-owned property applications and properties with the option to earn 100% interest through a combination of cash payments and work commitments."I'm very pleased to be able to report to our shareholders that not only are we...Read More

(Kitco News)- The gold market is seeing little movement Friday, following mixed employment data of strongemployment gains but weak wage growth last month.The Bureau of Labor Statistics said 313,000 jobswere created in February. Economists were expecting to see job gains of around200,000. Not only did February job gains beat expectations, strong revisions were reported in December and January. Dece...Read More