* LME copper on-warrant inventories tumble to lowest since2005 * Nickel touches lowest since December * Aluminium pulls off six-month low(Updates with closing prices)By Eric OnstadLONDON, Oct 25 (Reuters) - Copper prices bounced on Thursdayfrom two-week lows as a sharp drop in inventories to theirlowest in a dozen years outweighed worries about sliding stockmarkets and the potential for slower glo...Read More

(Adds detail)BEIJING, Oct 25 (Reuters) - China's finance ministry said onThursday it will adjust tax rebates on a wide range of exportproducts including soymeal, a widely used animal feedingredient, from Nov. 1.China is scrapping the soymeal export rebate even as itseeks to reduce consumption of soymeal by its huge livestockherd after slapping a 25 percent tariff on imports of soybeansfrom its No....Read More

* Falling stock markets spur interest in gold * Wall Street suffered worst one-day fall since 2011 * ECB keeps policy unchanged even as growth wanes * Palladium moves away from Tuesday's record high (Updates prices, adds details)By Swati VermaBENGALURU, Oct 25 (Reuters) - Gold edged lower on Thursday,with some investors taking advantage of a recent surge in pricesto lock in profits.Spot gold was d...Read More

BUENOS AIRES, Oct 25 (Reuters) - Argentina's lower house ofCongress approved President Mauricio Macri's austere 2019 budgetbill early on Thursday, a political victory for the first termleader as he tries to make steep spending cuts demanded by theInternational Monetary Fund.The spending plan now goes to the Senate, where it isexpected to be voted on next month. Up for re-election in 2019,Macri neg...Read More

Australia's Lucapa Diamond (ASX:LOM) said Thursday it had received ZAR100 million (about $7 million) from South Africa's IDC - of the largest development financiers in southern Africa - to boost development at its 70%-owned Mothae mine in Lesotho.The company, which commissioned a 1.1 million tonne a year treatment plant at the mine, said the loan will considerably strengthen Mothae's cash posi...Read More

Australia's Lucapa Diamond (ASX:LOM) said Thursday it had received ZAR100 million (about $7 million) from South Africa's IDC - of the largest development financiers in southern Africa - to boost development at its 70%-owned Mothae mine in Lesotho.The company, which commissioned a 1.1 million tonne a year treatment plant at the mine, said the loan will considerably strengthen Mothae's cash posi...Read More

A decline that negated the bullish trading pattern.A period of consolidation and a break to the upside.Rising rates pushed gold to lows during the final months of the past three years.Will gold negate the bearish pattern after it ignored the bullish one in 2018?BAR is the cheapest game in town compared to other gold ETF products.The gold market is now preparing to enter a time of the year where th...Read More

BEIJING, Oct 25 (Reuters) - The impact of China-U.S. tradefrictions on China's cross-border capital flows are largelyunder control, the foreign exchange regulator said on Thursday.China will continue opening up its capital markets in anorderly manner and further ease requirements for capitaloutbound remittance for investors its under Qualified ForeignInstitutional Investor (QFII) and the Renminbi...Read More

Is a "Blue Wave" building?Something strange is happening in America.Millions of Americans are furious - and this time, they're taking their anger out on Republicans.All across America, 45 Republicans have lost elections during Trump's presidency in places they shouldn't have possibly been able to lose... even in districts where Trump won in a landslide and remains popular.In the last few months al...Read More

Trump may be facing an uphill battle he can't win in 2020.He's a successful businessman who never held public office before winning the Presidency...He's coming into power after an electoral college landslide...And he did it by beating an out-of-touch New Yorker opponent.Once in office, he launches a vast trade war, promising to stand up for America's heartland, with 890 increased tariffs in total...Read More

On a flight to Brasilia last year, Jair Bolsonaro's carry-on bag contained little more than two small chunks of metal mined in Brazil: One was graphene, used in solar cells; the other niobium, which strengthens steel.At the time, he said he hoped to display them in a TV interview, evidence of the promise mining holds for Brazil's struggling economy. While some of the former Army captain's ideas ha...Read More

On a flight to Brasilia last year, Jair Bolsonaro's carry-on bag contained little more than two small chunks of metal mined in Brazil: One was graphene, used in solar cells; the other niobium, which strengthens steel.At the time, he said he hoped to display them in a TV interview, evidence of the promise mining holds for Brazil's struggling economy. While some of the former Army captain's ideas ha...Read More

Christopher Lewis20 hours agoSilver markets continue to be very jittery, just as the global markets have been. Looking at this chart, I believe that it’s obvious that there are buyers on dips and that’s exactly what we have seen during early Wednesday trading. The $14.70 level has offered enough support to turn the market right back around and crashing into the $14.80 level. Silver i...Read More

Christopher Lewis20 hours agoGold markets fell initially during the day on Wednesday, finding support just below the $1230 level. Ultimately, this is a market that I think continues to find buyers on these dips as gold is a bit of a safe haven trade as of late. I believe that the market continues to be very skittish about global trade and of course rhetoric coming out of the mouths of politicians,...Read More

(Add quotes and update levels)JOHANNESBURG, Oct 25 (Reuters) - The South African randweakened further on Thursday, as investors were rattled by bleakmedium-term budget forecasts a day earlier and a strongerdollar, which dampened appetite for emerging markets globally.At 1500 GMT, the rand traded at 14.5800 versus thedollar, 0.19 percent weaker on the day after falling by around 2percent on Wednesd...Read More

* Keeps key interest rate on hold at 0.75 pct as expected * No substantial change in outlook * Economist: sees next hike in March 2019(Adds economist, detail)By Camilla KnudsenOSLO, Oct 25 (Reuters) - Norway's central bank kept interestrates on hold at 0.75 percent on Thursday, as expected, andrepeated an outlook for gradual hikes from the first quarternext year amid faster economic growth and hig...Read More

Newmont Mining, (NYSE:NEM), the world's second largest gold miner by output, reported Thursday lower third-quarter profit and revenue as a result of weak prices for the precious metal and copper in the period.The Greenwood Village, Colorado-based company logged an adjusted profit of $175 million, or 33 cents per share, for the three months leading to September, compared with a profit of $184 mi...Read More

Newmont Mining, (NYSE:NEM), the world's second largest gold miner by output, reported Thursday lower third-quarter profit and revenue as a result of weak prices for the precious metal and copper in the period.The Greenwood Village, Colorado-based company logged an adjusted profit of $175 million, or 33 cents per share, for the three months leading to September, compared with a profit of $184 mi...Read More

Evidence of a looming financial crisis may be growing, according to Harry Dent.The man who warned of the 2001 tech crash, the 2008 subprime financial disaster and China's recent stock market decline - years before they happened - has issued a new earth-shattering statement:"The Dow is set to embark on a catastrophic plunge...all the way down to 6,000."Harry Dent recently explained: "Nations are...Read More

* Container & bulk rates are falling:* Container market dragged down by U.S./China trade war * Emerging market woes weigh on dry bulk rates By Henning GloysteinSINGAPORE, Oct 25 (Reuters) - The cost of hiring containerships has plunged 24 percent from a multi-year peak while rawmaterial vessel rates have slumped 10 percent from a five-yearhigh, adding to signs of slowing global trade with dang...Read More