Popular News

Strong PFS on Copper-Gold Project Should Satisfy Concerns

April 05, 2018 / www.theaureport.com

Money manager Adrian Day discusses two companies in his portfolio, one with positive developments, the other less so, though both are buys, particularly the one whose stock price has dropped. Nevsun Resources Ltd. (NSU:TSX; NSU:NYSE.MKT, US$2.45), released its eagerly awaited Pre-Feasibility Study (PFS) for the Timok Upper Zone project in Serbia, a study we thought both positive and prospective....Read More

China's Secret Gold Supplier Is Singapore

April 05, 2018 / news.goldseek.com

By Koos Jansenhttps://www.bullionstar.com/Since 2013 China continues to absorb physical gold from the rest of the world at a staggering pace. Worth noting is that gold imported into the Chinese domestic market is not allowed to be returned in the foreseeable future. Because ownership and the disposition of these volumes of gold likely will be of great importance next time around the internatio...Read More

Gold Pulls Back As Risk Appetite Up-Ticks

April 05, 2018 / www.kitco.com

(Kitco News) - Safe-havengold prices are moderately lower in early U.S. trading Thursday, as the worldmarketplace has quickly returned to a more robust risk appetite. June Comex gold futures were last down $10.60 an ounce at $1,329.50. May Comex silver waslast up $0.021 at $16.275 an ounce.Worldstock markets were mostly higher overnight. U.S. stock indexes are also pointedtoward higher openings wh...Read More

Canadian miner expanding quickly in Mali

April 05, 2018 / www.mining.com

Following the announcement of its intentions to acquire the Kandiole-North and the Kandiole-West permits, RosCan Minerals (TSXV: ROS) said that now it wants to buy the 65-square-kilometre Segando-South and the 32-square-kilometre Moussala-North permits, all located in western Mali."With the acquisition of these additional permits, RosCan's Kandiole Project will consist of approximately 164 sq. km....Read More

Jordan Roy-Byrne Interview: Bond Yields or Stock Market Driving Gold?

April 04, 2018 / marketsanity.com

Jordan Roy-Byrne looks at the recent moves in yields and assess what is important to watch moving forward. He also looks at how higher rates could impact the markets, which are the main factor keeping a lid on the metals prices. Jordan Roy-Byrne, CMT is a Chartered Market Technician and member of the Market Technicians Association.. He is the publisher and editor of TheDailyGold Premium, a publica...Read More

E&D Firm's Updated Mine Plan Encompasses 'Higher Copper Grades, Recoveries'

April 05, 2018 / www.theaureport.com

Jacques Wortman, an analyst with Eight Capital, outlined the key takeaways from this miner's new reports and increased the firm's target price. As noted in an April 2 research note, HudBay Minerals Inc. (HBM:TSX; HBM:NYSE) released an updated mine plan and an updated mineral reserves/resources estimate for its Constancia mine, the former including a "revised production profile for both the Consta...Read More

As Volatility Spikes, Here's What Could Be Ahead for Gold and Silver

April 05, 2018 / news.goldseek.com

By Jeff ClarkThe shift from low to high volatility in the markets is on. And almost by default, that'll include gold and silver, since they're inversely correlated to stock markets most of the time.We've already seen this at work. The S&P 500 fell 2.2% on April 2, and in response, gold rose 1.2% and silver 1.6%.It's more than just a daily phenomenon, though; any prolonged wave of uncertainty tha...Read More

Indonesia's Krakatau denies rumor of delayed blast furnace start-up

April 05, 2018 / www.metalbulletin.com

Major Indonesia producer PT Krakatau Steel is maintaining its June 2018 start-up date for its new blast furnace, a company official told Metal Bulletin on April 5."The company will keep to the June 2018 date and there will be no delays," the official said, dismissing persistent market chatter that the blow-in could be delayed until 2019.The new 1.2 million tonnes per year blast furnace is located...Read More

Dow Nabs Longest Win Streak Since February

April 05, 2018 / www.schaeffersresearch.com

FAANG stocks helped push the S&P and Nasdaq higher, tooThe Dow logged its third straight triple-digit gain today -- marking its longest daily winning streak since late February, and its highest close since March 21. Big rallies for Boeing (BA) and DowDuPont (DWDP) helped boost the blue-chip index, as fears over a possible trade war between the U.S. and China receded. A surge in tech stocks had the...Read More

China signals tough stance on trade as U.S. officials push talks

April 05, 2018 / www.kitco.com

BEIJING/WASHINGTON (Reuters) - China would win any trade war with the United States, the country’s state media said on Thursday, as U.S. officials sought to ease market jitters over escalating tensions between the world’s two biggest economies.After Washington and Beijing targeted each other with planned steep tariffs, Chinese state media declared that the country never surrendered to...Read More

Gold seen rising as Canadian miner eyes lack of exploration

April 05, 2018 / www.mining.com

(Bloomberg) - Bullion prices are set to climb because there's been a lack of exploration and the global industry isn't replacing the reserves it's been mining, according to Stephen Letwin, chief executive officer at Iamgold Corp."Gold has a much higher probability of moving north as opposed to south," Letwin said in an interview at a mining conference in Hong Kong on Thursday. "I've been around a...Read More

Senior Gold Producer's New Mine Is on Time and Budget

April 05, 2018 / www.theaureport.com

Analyst Andrew Kaip with BMO Capital Markets provided an update on what transpired during the period in which his firm was prohibited from writing about this miner. In an April 3 research note, Andrew Kaip, an analyst with BMO Capital Markets, weighed in on Yamana Gold Inc.'s (YRI:TSX; AUY:NYSE; YAU:LSE) recent asset sale and shared insights from his site visit to its Cerro Moro project in Argen...Read More

6 Slices Or 8? How Hungry Are You For Pizza?

April 05, 2018 / news.goldseek.com

Join Mike Maloney as he takes a light-hearted look at a very serious question - is there such a thing as a free lunch? The answer won't be a surprise to regular viewers of our videos, but if you are new - this may be a revelation.Read More

Max Keiser & David Morgan analyze the latest moves in silver

April 05, 2018 / marketsanity.com

In the second half, Max interviews David Morgan of TheMorganReport.com about his latest silver market analysis. As the gold/silver ratio hits a record high, is silver finally set to soar?Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance and markets on London's Resonance FM, and writes for The H...Read More

As Volatility Spikes, Here's What Could Be Ahead for Gold and Silver / Commodities / Gold and Silver 2018

April 05, 2018 / www.marketoracle.co.uk

The shift from low to high volatility in the markets is on. And almost by default, that’ll include gold and silver, since they’re inversely correlated to stock markets most of the time.We’ve already seen this at work. The S&P 500 fell 2.2% on April 2, and in response, gold rose 1.2% and silver 1.6%. It’s more than just a daily phenomenon, though; any prolonged wave of u...Read More

Gold Seeker Closing Report: Gold and Silver End Mixed Before Jobs Day

April 05, 2018 / news.goldseek.com

 CloseGain/LossGold $1326.30-$7.10Silver$16.39+$0.08XAU81.47+0.77%HUI176.34+0.66%GDM612.19+0.36%JSE Gold1085.57-7.48USD90.48+0.35Euro122.38-0.48Yen93.10-0.57Oil$63.54+$0.1710-Year2.836%+0.030T-Bond144.84375-0.875Dow24505.22+0.99%Nasdaq7076.55+0.46%S&P2662.84+0.69%  The Metals: Gold fell $10.60 to $1322.80 at about 9:30AM EST before it bounced back higher into the close, but...Read More

Oil gains with equities as U.S.-China tensions ease

April 05, 2018 / www.kitco.com

NEW YORK (Reuters) - Oil prices were modestly higher on Thursday, helped by gains in U.S. equities markets as trade tensions between China and the United States eased, but the advance was limited by strength in the dollar.Brent crude futures LCOc1 were up 29 cents to $68.31 a barrel at 11:27 a.m. EDT (1527 GMT), and U.S. West Texas Intermediate crude CLc1 rose 14 cents to $63.50 a barrel.After a d...Read More

How and Why to Trade Short Put Spreads

April 05, 2018 / www.schaeffersresearch.com

Short put spreads are an effective cash-collecting strategy for options tradersA short put spread is a neutral-to-bullish options strategy that is usually initiated when the trader believes the underlying stock will hold above a firm layer of support. Also known as a "credit spread," it's a two-legged trade that serves as a lower-risk alternative to simply selling a lone put. However, the maximum...Read More

India demand up ahead of festival, subdued buying elsewhere

April 05, 2018 / www.mining.com

MUMBAI/BENGALURU, April 5 (Reuters) - Physical gold demand in most Asian hubs was muted this week, weighed down by stronger prices, despite a slight pick-up in buying in India ahead of the wedding season and a key festival.This month Indians will be celebrating the annual festival of Akshaya Tritiya, when buying gold is considered auspicious."Jewellers want to build inventory for Akshay Tritiya, b...Read More

Gold is not Saying Something - Its Screaming It

April 05, 2018 / news.goldseek.com

Gold soared yesterday likely based on the escalation of the trade conflict between the U.S. and China, but after several hours the rally was over. The tensions didn't really subside, but the price of gold is already about $10 below the price at which it was trading when yesterday's rally had started. Is gold trying to say something? No. It's not saying - it's screaming. There is a combination o...Read More

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