(Kitco News) - Gold and silver markets could be two of the few commodities to survive an impending global economic slowdown in the next few years, according to one U.K. research firm.Although analysts at Capital Economics have little hope for gold prices this year, as the yellow metal continues to fight against rising U.S. interest rates, the firm reiterated its long-term forecast as it sees pric...Read More

600 points. Dow plunged so much yesterday. The S&P 500 and Nasdaq also suffered. The persistence of losses is disturbing. Should, then, gold shine?   Bears Are Back in Town The stock market sell-off continues. Yesterday, the Dow Jones Industrial Average dropped more than 600 points. It means that the index erased all of its 2018 gains, as one can see in the chart below. Similarly, the S&a...Read More

OTTAWA (Reuters) - Senior officials from 12 countries gathered in Canada on Thursday for talks to find ways of reforming the World Trade Organization and to address U.S. grievances which are threatening the body’s future.The administration of U.S. President Donald Trump is blocking appointments of WTO judges and has threatened to pull out of a grouping designed to ensure a rules-bound global...Read More

(Reuters) - Tesla Inc (TSLA.O) shares jumped on Thursday as Wall Street analysts said the company had turned a corner with profitable third quarter results and might not now need to raise outside capital.Rising 12 percent at one point in early trading, the move in shares added as much as $6 billion to Tesla’s market value, capping a tumultuous few months for the company and its billionaire c...Read More

"Drilling Extends Koaltenga Gold Zone Strike Length to 1200 Meters at Rakounga Concession @NexusGoldCorp https://t.co/6iqeVe0IVU"Read full newsRead More

"More oversupply narrative disruption happening $MIN#lithium Production start delayed at Mineral Resources Wodgina lithium project https://t.co/v49MuoHzd0"Read full newsRead More

"Janet Yellen, the former chair of the US, Federal Reserve has sounded the alarm over plunging loan standards. Read the full story: https://t.co/kGA5UEfxdT"Read full newsRead More

The Dow and Nasdaq are higher, tooThe Dow Jones Industrial Average (DJI) is on the rebound today, up more than 350 points as earnings season hits high gear. A positive reaction for Microsoft's (MSFT) quarterly results has the tech stock at the top of the Dow, while the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are both confidently higher as well, with the former set to snap its six-day los...Read More

WASHINGTON/NEW YORK (Reuters) - The two bombs sent to former Vice President Joe Biden and a third to actor Robert de Niro on Thursday were similar to the devices intended for several other high-profile Democrats and critics of U.S. President Donald Trump, authorities said.None of the 10 devices exploded but authorities stepped up a manhunt for the serial bomber amid a contentious campaign season a...Read More

RIYADH (Reuters) - Saudi Arabia’s investment forum was designed to showcase the kingdom’s new future away from oil, but it was black gold and old allies that rescued this week’s event from the furor over the killing of journalist Jamal Khashoggi.Riyadh inked multi-billion dollar agreements, mainly energy deals, despite a boycott of the event by dozens of high-level Western politi...Read More

GDX believers look set for a painful smackdownAfter spending the first half of this year extending the range-bound price action that characterized its trading in 2017, the VanEck Vectors Gold Miners ETF (GDX) made a fast break below the "lower rail" of its sideways channel around $21 in early August. The commodity fund's rapid bearish momentum had it slicing through former support at its 160-week...Read More

(Writes through)By Francesco Canepa and Balazs KoranyiFRANKFURT, Oct 25 (Reuters) - Italy would need to secure a bailout from the European Union if it is to receive any help from the European Central Bank to bring down its borrowing costs on financial markets, the ECB’s President Mario Draghi said on Thursday.The European Commission rejected Italy’s draft 2019 budget this week, saying...Read More

WASHINGTON (Reuters) - Contracts to buy previously owned homes unexpectedly rose in September, a bright mark in the United States' struggling housing market although contracts on an annual basis have fallen for nine consecutive months.The National Association of Realtors said on Thursday its Pending Home Sales Index, based on contracts signed last month, rose 0.5 percent to a reading of 104.6. The...Read More

Robust global steel production numbers released on Wednesday gave another boost to the price of iron ore, sending the steelmaking raw material to the highest price since early February this year.Benchmark prices at the Chinese port of Qingdao of 62% Fe content ore jumped nearly 2% on Thursday to trade at $76.04 per dry metric tonne, according to data supplied by Fastmarkets MB. Steelmaking coal...Read More

Meet the innovative company crushing the competition.Nothing's hotter than this stock right now.Professional sports franchises and celebrities across the globe are pumped about it. Even Justin Bieber and his group are excited. The next wave of giant sportswear companies is going to be based on this new "tech" apparel industry and its potential to reshape both the apparel and technological landscap...Read More

Both names are set to report after tonight's closeAmazon.com, Inc. (NASDAQ:AMZN) is slated to report third-quarter earnings after tonight's close. Currently, Trade-Alert pegs the implied earnings deviation at 9.1%, more than doubling the 4% move the FAANG stock has averaged over the last two years. Five of those eight earnings reactions have been positive, including the past four in a row, while j...Read More

LONDON (Reuters) - When the U.S. Federal Reserve issued a statement of 250 words after raising interest rates last month, markets focused on just one: accommodative. And it wasn’t even mentioned.The omission of a word that had featured in Fed statements for years sent bond yields lower as investors interpreted it as a signal the Fed’s policy stance was no longer accommodative - so rate...Read More

(Reuters) - Paints and coatings maker PPG Industries (PPG.N) said its board unanimously backed Michael McGarry as Chairman and CEO, in response to Nelson Peltz-owned Trian Fund Management’s call for his ouster.Peltz’s Trian Fund, which owns a 2.9 percent stake in PPG, had reportedly asked for the current CEO to be replaced by his predecessor, Charles Bunch, in a bid to improve performa...Read More

FRANKFURT (Reuters) - The European Central Bank kept policy unchanged as expected on Thursday, staying on course to claw back unprecedented stimulus even as the growth outlook continues to darken and political turmoil in Italy looms large over the currency bloc.Having exhausted much of its firepower with years of support, the ECB reaffirmed that its 2.6 trillion euro ($2.97 trillion) asset purchas...Read More

BUDAPEST (Reuters) - Hungary’s Central European University, a graduate school founded by U.S. financier George Soros, said it was being forced out of the country by the nationalist government and would switch to enrolling new students in Vienna if it did not get guarantees of academic freedom by Dec. 1.The U.S. billionaire, who promotes liberal causes through his charities, has been the subj...Read More