Pre-market trading shows huge gains for VKTX and EYEG sharesViking Therapeutics Inc (NASDAQ:VKTX) is set to jump 18.5% at the open thanks to news the company's non-alcoholic fatty liver disease treatment met its main and secondary goals in a mid-stage study. It's already been a huge year for VKTX shares, which sport a 12-month advance north of 300%. Most Wall Street analysts were already bullish o...Read More

Oil futures are on track for their 12th straight lossFutures on the Dow Jones Industrial Average (DJI) are confidently higher this morning, ready to put yesterday's steep sell-off in the rear-view mirror, thanks to a blowout earnings beat from blue-chip retailer Home Depot (HD). S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) futures are also comfortably in the black, as investors eye reports...Read More

LONDON (Reuters) - Oil prices fell more than 2 percent on Tuesday after U.S. President Donald Trump put pressure on OPEC not to cut supply to prop up the market.Brent LCOc1 dropped $1.97 a barrel, or 2.8 percent, to a low of $68.15 before recovering to around $68.72, down $1.40, by 1140 GMT. U.S. light crude CLc1 was $1.30 lower at $58.63.Both crude benchmarks have fallen more than 20 percent sinc...Read More

(Reuters) - Home Depot Inc (HD.N) exceeded analyst estimates for quarterly comparable-store sales on Tuesday, as consumers spent money on remodeling their homes amid a shaky U.S. housing market.Shares of the retailer climbed 3.4 percent to $185.45 in premarket trading, after the retailer also raised its forecast for annual sales and profit ahead of the holiday shopping season.Uncertainty over futu...Read More

The above chart shows daily price action of USDOLLAR:XAUUUSD. The ratio’s orange 13-day EMA has crossed above the black 34-day EMA (red ellipse). This effectively puts the EMAs into a bullish formation. I.e. the green 5-day EMA > the orange 13-day EMA > the black 34-day EMA. This is indicative that the greenback is outperforming the precious metal. Note: All information on t...Read More

Gold could face further pressure if the metal falls below the$1,190-an-ounce area, says TD Securities. As of 8:12 a.m. EST, spot gold was 50cents higher at $1,200.75 an ounce but has been below $1,200 for the first timesince Oct. 11. “Messy European politics, along with a Fed which is set toremain on its tightening trajectory, have kept the dollar index above 97, whichcontinues to add to dow...Read More

Gold could face further pressure if the metal falls below the $1,190-an-ounce area, says TD Securities. As of 8:12 a.m. EST, spot gold was 50 cents higher at $1,200.75 an ounce but has been below $1,200 for the first time since Oct. 11. “Messy European politics, along with a Fed which is set to remain on its tightening trajectory, have kept the dollar index above 97, which continues to add t...Read More

(Kitco News) - Gold prices aremodestly down and hit another four-week low below $1,200.00 in early U.S.trading Tuesday. The silver market fell to a two-month low overnight.Chart-based selling pressure has kicked in this week as the technical posturesfor both gold and silver have deteriorated recently. Precious metals are alsopressured by a very strong U.S. dollar on the foreign exchange market th...Read More

BERLIN (Reuters) - Investors do not expect the German economy to recover rapidly from a weak patch, the ZEW research institute said on Tuesday, adding that its monthly survey pointed to a subdued third quarter.Fears about trade disputes, the risk of a disorderly Brexit and political uncertainty at home are weighing on Europe’s largest economy, which is in its ninth year of growth.The survey...Read More

Mr. Brett Heath reportsMETALLA PROVIDES UPDATE OF NEW DISCOVERY ON THE SANTA GERTRUDIS GOLD PROPERTYMetalla Royalty & Streaming Ltd. has provided an update on its recently acquired 2-per-cent net smelter return (NSR) royalty covering the Santa Gertrudis gold property owned by Agnico Eagle Mines Ltd., as disclosed by Agnico by way of a news release on Oct. 24, 2018. Brett Heath, president and c...Read More

Mr. Brett Heath reportsMETALLA PROVIDES UPDATE OF NEW DISCOVERY ON THE SANTA GERTRUDIS GOLD PROPERTYMetalla Royalty & Streaming Ltd. has provided an update on its recently acquired 2-per-cent net smelter return (NSR) royalty covering the Santa Gertrudis gold property owned by Agnico Eagle Mines Ltd., as disclosed by Agnico by way of a news release on Oct. 24, 2018. Brett Heath, president and c...Read More

After shocking the market with a decision to start selling jewellery containing synthetic diamonds earlier this year, Anglo American's De Beers is said to have reduced prices for low-quality stones as much as 10%.The move by the world's largest diamond miner, reported by Bloomberg, is yet another sign of increasing volatility at the bottom end of the market.Cheaper diamonds, which are often small...Read More

WASHINGTON (Reuters) - Amazon.com Inc (AMZN.O) will on Tuesday announce it has selected New York and Northern Virginia for its second headquarters, a source told Reuters, ending a more than year-long contest that has seen frenzied bidding from locales across North America.Amazon’s plan to split its second headquarters, dubbed “HQ2”, evenly between two cities will boost its presen...Read More

* Italy faces Tuesday deadline to resubmit budget* No significant changes expected* Italy, Germany, Netherlands sell bonds* Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr (Updates with price action on Italian bonds)By Dhara RanasingheLONDON, Nov 13 (Reuters) - Italy's 10-year bond yield rose to its highest in over two weeks on Tuesday, keeping the gap over safer German bonds above the ke...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

British Columbia-based AJN Resources (CSE: AJN) announced today that the company has acquired additional claims at the Salt Wells lithium project, located in western Nevada, 25 kilometres southeast of Fallon.With this acquisition, the company's claims grew from 78 to 105, and now total 850 hectares. These claims cover several major northwest trending faults that were detected by a magnetotellurics...Read More

* SPDR Gold Trust holdings rose on Monday * Silver touches lowest since Sept. 11 * GRAPHIC-2018 asset returns: (Recasts, updates prices and adds comments)By Sumita LayekNov 13 (Reuters) - Gold edged back above $1,200 an ounce onTuesday and was on track to rise for the first trading sessionin eight, recovering losses as the dollar paused in a rally thathad taken the currency to 16-month highs.The d...Read More

Fremont Gold (TSX.V: FRE) is in need of funds to undertake further drilling at its Gold Bar and Gold Canyon projects in Eureka County, Nevada. The Vancouver-based company intends to complete a non-brokered private placement of up to 7,200,000 units at a price of $0.14 per unit for gross proceeds of up to $1 million.In a media statement, the miner said each unit will be comprised of a common share...Read More

Fremont Gold (TSX.V: FRE) is in need of funds to undertake further drilling at its Gold Bar and Gold Canyon projects in Eureka County, Nevada. The Vancouver-based company intends to complete a non-brokered private placement of up to 7,200,000 units at a price of $0.14 per unit for gross proceeds of up to $1 million.In a media statement, the miner said each unit will be comprised of a common share...Read More

Fremont Gold (TSX.V: FRE) is in need of funds to undertake further drilling at its Gold Bar and Gold Canyon projects in Eureka County, Nevada. The Vancouver-based company intends to complete a non-brokered private placement of up to 7,200,000 units at a price of $0.14 per unit for gross proceeds of up to $1 million.In a media statement, the miner said each unit will be comprised of a common share...Read More