Selling pressure in gold, as well as a strong U.S. dollar, have canceled each other out to leave gold unchanged on the day. As of 3:30 PM Eastern standard time, April gold futures are currently unchanged and trading at $1,324 per ounce.Spot gold is currently fixed at $1,322.90, which is a net loss of $0.20 on the day. According to the Kitco Gold Index, a weakening U.S. dollar is adding $3.40 value...Read More

(Kitco News)- The goldmarket could struggle to attract buyers in the near-term as markets focus onthe impending Federal Reserve interest rate hike next week, but one investmentfirm sees the potential for the yellow metal in the second half of the year asfocus turn to a lackluster U.S. dollar.In a recentinterview with Kitco News, Maxwell Gold, director of investment strategy andresearch at ETF Secu...Read More

BRASILIA (Reuters) - U.S. President Donald Trump’s decision to slap tariffs on imported steel and aluminum could spark retaliation from other countries and lead to unforeseen consequences, the head of the World Trade Organization said on Monday.“You know when it starts but not how it will turn out” when countries engage in mutual retaliation, WTO Director-General Roberto Azev&eci...Read More

(Kitco News)- Goldand silver prices were ending the U.S. day session modestly weaker Monday. Keenerrisk appetite in the world marketplace at present is keeping the buyers of thesafe-metals squelched. A weaker U.S. dollar index today did allow gold andsilver to move off of their daily lows that were scored in early dealings. AprilComex gold futures were last down $3.90 an ounce at $1,320.20. May Co...Read More

NEW YORK (Reuters) - U.S. inflation expectations edged higher last month, with one measure hitting its highest level in a year, according to a Federal Reserve Bank of New York survey published Monday that adds to signs of price pressures.The survey of consumer expectations, which the Fed considers among other data as it continues to gradually raise interest rates, showed median one-year ahead infl...Read More

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 exceedingly cheap relative to gold prices,...Read More

PETERBOROUGH, Ontario--(BUSINESS WIRE)--BWX Technologies, Inc. (NYSE:BWXT) announced today that its subsidiary BWXT Nuclear Energy Canada Inc. (BWXT NEC) has been awarded a CA$168 million, five-year contract extension to manufacture fuel for Ontario Power Generation's (OPG) Darlington and Pickering nuclear generating stations. The deal extends BWXT NEC's current fuel manufacturing arrangement with...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

Energy Fuels Inc (TSE:EFR, NYSE:UUUU) became the largest uranium producer in the United States in 2017, it told investors, posting revenues for the year of US$31mln (2016: US$54.5mln).The net loss was US$27.9mln, narrowed from a loss of US$39.8mln the previous year.READ - Energy Fuels set for operations expansion in Utah after La Sal Complex approvalGross profit for what the firm said was another...Read More

WASHINGTON (Reuters) - Conservative commentator Larry Kudlow has emerged as a strong contender to succeed Gary Cohn as President Donald Trump’s top economic adviser, a source familiar with the matter said on Monday.Kudlow, a CNBC contributor, is a long-time friend and informal adviser to Trump. It was unclear how soon Trump would make up his mind.Chris Liddell, a former executive at Microsof...Read More

An Industrial Way Forward Agreement signed on 10 March by the CEOs of EDF and Nuclear Power Corporation of India Ltd (NPCIL) sets out the industrial framework and planned timetable for the implementation of six EPR reactors at Jaitapur, as well as the roles and responsibilities of the partners.Emmanuel Macron and Narendra Modi, pictured during their joint press statement on 10 March (Image: Prime...Read More

NEW YORK (Reuters) - U.S. national security adviser H.R. McMaster said on Monday that Washington is optimistic about an opportunity for President Donald Trump to meet with North Korean leader Kim Jong Un but is determined to keep up pressure on Pyongyang to denuclearize.“We may be able to pursue a diplomatic solution to the complete denuclearization of the Korean Peninsula. So we’re de...Read More

Base metals prices on the London Metal Exchange were lower across the board at the close on Monday March 12, with overhead selling pressure weakening prices.Lead plummeted 2.7% today as it hit a fresh 2018-low of $2,311 per tonne - the metal failed to hold onto the gains it registered on Friday and lacks significant support. "[Lead] has struggled ever since the 2018-high at $2,685 per tonne due to...Read More

A collaboration between the Massachusetts Institute of Technology (MIT) and private company Commonwealth Fusion Systems (CFS) is aiming for the rapid commercialisation of nuclear fusion energy, with support from Italian energy company Eni.A visualisation of the SPARC tokamak (Image: Ken Filar, PSFC)The MIT-CFS collaboration aims to build a compact device capable of generating 100 MW of fusion powe...Read More

WASHINGTON (Reuters) - President Donald Trump spoke on Monday with Canadian Prime Minister Justin Trudeau about the steel and aluminum import tariffs Trump announced last week, the White House said.Trump also emphasized the importance of quickly concluding ongoing negotiations on the North American Free Trade Agreement (NAFTA)“to ensure the vitality of United States and North American manufa...Read More

Meeting in Madrid for its 31st year, the Metal Bulletin International Copper Conference saw speakers and attendees from throughout the value chain meet and discuss the state of the market.Topics ranged from the structural - that mine ore grades continue to drop - to the topical, as debate over how tariffs and protectionism could affect copper arose.Metal Bulletin's European copper team provide a b...Read More

William SchombergLONDON (Reuters) - Britain’s finance minister is expected to announce on Tuesday a modest improvement in the country’s slow economic growth outlook in the run-up to Brexit, raising the prospect that he might relax his grip on public spending later this year.But Philip Hammond will use a half-yearly update on the public finances to stress that his priority remains to ea...Read More

Bitcoin and gold prices seen converging as interest rates riseRegulators say cryptocurrency rules could draw on gold tradePhotographer: Luke MacGregor/BloombergBitcoin should be regulated similar to gold -- which benefits from simpler compliance rules than stocks or bonds -- according to Austria’s biggest broker of the digital token.While cryptocurrency transactions in the European Union ab...Read More

The Hedgeless HorsemanPosted Mar 12, 2018During the last few weeks I have spent pretty much all of my time digging deeper into why there seems to be so much widespread conglomerate gold in Pilbara, something which I highlighted in my first paidNovo article, and which is also apparent when you take a look at one of Novo’s slides:(Click on images to enlarge)Source: Novo Resource’s March...Read More

Here Are 3 Hot Things to Know About Stocks Right Now Action Alerts Plus holding Apple (AAPL) is making news Monday for shooting down an acquisition of Netflix (NFLX) or Disney (DIS) .The Dow is now more than 1,400 points below its all-time high of 26,616 set on Jan. 26.The FAANG stocks continue to push to new highs. TheStreet's Francesca Fontana reports why.  Wall Street Overview The...Read More