Globally, a trade war likely will have limited impact on the industrial use of silver, says the consultancy Metals Focus. Analysts offered the assessment after the International Monetary Fund this week downwardly revised its forecast for global economic growth in 2018 and 2019 due mainly to the U.S.-China trade war. Generally, investors have shrugged off trade-war fears, as reflected by a strong s...Read More

(Reuters) - Most U.S. households should expect higher heating costs this winter (October through March) compared with last winter, according to the federal government's Winter Fuels Outlook, which will be released in full at 11:00 a.m. (1500 GMT) on Wednesday.The U.S. Energy Information Administration (EIA) said in a summary of the report that the increased costs are mainly the result of higher pr...Read More

The major equity benchmarks are set up for another choppy sessionDow Jones Industrial Average (DJIA) futures are tradingbelow fair value, suggesting another choppy trading day could be ahead. Investors are once again monitoring bond yields, though this morning they at least have notable economic data to break up the recent monotony. Specifically, the producer price index (PPI) bounced back in Sept...Read More

NEW YORK, October 10, 2018 /PRNewswire via COMTEX/ --NEW YORK, October 10, 2018 /PRNewswire/ --Gold Price rose on Tuesday as world equities were under pressure due to concerns over the U.S.-China trade war as well as the rising government bond yields. Gold future for December delivery rose 0.27% to USD 1,191.80 per ounce during Monday's trading session, while gold spot was up 0.13% to USD 1,189.60...Read More

(Kitco News) - CoeurMining, Inc. (NYSE: CDE) late Tuesday reported that a number of factors hurt silverproduction at the Palmarejo Mine in Mexico, although officials reiteratedpreviously revised company-wide guidance for full-year 2018.Thecompany listed third-quarter consolidated production of 2.9 million ounces ofsilver, 88,833 ounces of gold, 2.2 million pounds of zinc and 1.2 millionpounds of l...Read More

(Kitco News) - Coeur Mining, Inc. (NYSE: CDE) late Tuesday reported that a number of factors hurt silver production at the Palmarejo Mine in Mexico, although officials reiterated previously revised company-wide guidance for full-year 2018.The company listed third-quarter consolidated production of 2.9 million ounces of silver, 88,833 ounces of gold, 2.2 million pounds of zinc and 1.2 million pound...Read More

WASHINGTON (Reuters) - As of November 10, investors in 27 industries will come under tougher scrutiny as an inter-agency panel led by the U.S. Treasury Department begins tightening foreign investment rules as part of a pilot program, according to a senior treasury official.The panel, called Committee on Foreign Investment in the United States (CFIUS), reviews mergers and stock purchases to ensure...Read More

(Kitco News)- Gold prices remain on the defensive and below criticaltechnical levels as wholesale inflation rises in line with expectations.Wednesday, the U.S. Labor Department said its Producer Price Index (PPI) rose 0.2% in September following a drop of 0.1% in August. The data was in line with expectations. This is the first rise in headline inflation pressures in three months. For the year, pr...Read More

LONDON (Reuters) - Oil prices steadied on Wednesday after the IMF lowered its global economic growth forecasts, but markets were supported as Hurricane Michael closed nearly 40 percent of U.S. Gulf of Mexico oil output and U.S. sanctions restricted Iranian exports.Brent crude LCOc1 was unchanged at $85.00 a barrel by 1055 GMT after a 1.3 percent gain on Tuesday. U.S. light crude CLc1 was down 5 ce...Read More

Mr. Walter Coles Jr. reportsSKEENA INTERSECTS 10.97 G/T AUEQ OVER 42.65 METRES AT ESKAY CREEKSkeena Resources Ltd. has provided additional gold-silver drill results for three drill holes from the continuing phase I surface drilling program at the Eskay Creek project located in the Golden Triangle of British Columbia. The multifaceted phase I program is being performed in the historically drill def...Read More

(Kitco News)- Gold remains under pressure, ignoring some macroeconomic risksassociated with the Italian budget crisis and the continued uncertaintysurrounding Brexit. The increase in U.S. long-term rates remains the primarysupport leg for the dollar and this morning the U.S. 10-year yield flirted with3.25%. Higher rates will become more problematic for the U.S. as debt-servicinglevels will continu...Read More

ATHENS (Reuters) - The European Central Bank lowered the ceiling on emergency liquidity assistance (ELA) Greek banks draw from the domestic central bank by 200 million euros to 5.0 billion euros ($5.74 billion), the Bank of Greece said on Wednesday.The move reflected improved liquidity conditions, taking into account private sector deposit flows and banks' access to financial markets, it said. The...Read More

Mr. Antonio Berlanga reports TELSON CLOSES $6.8 MILLION OVERSUBSCRIBED FINANCING AT 39% PREMIUM TO MARKETTelson Mining Corp. has closed its non-brokered private placement financing consisting of 9,124,805 units of the company at a price of 75 cents per unit for gross proceeds of $6,843,603.The financing was originally announced in a press release dated Sept. 26, 2018, and was closed oversubscribed...Read More

Mr. Antonio Berlanga reports TELSON CLOSES $6.8 MILLION OVERSUBSCRIBED FINANCING AT 39% PREMIUM TO MARKETTelson Mining Corp. has closed its non-brokered private placement financing consisting of 9,124,805 units of the company at a price of 75 cents per unit for gross proceeds of $6,843,603.The financing was originally announced in a press release dated Sept. 26, 2018, and was closed oversubscribed...Read More

Gold took a pre-market drop on Monday.While the manipulation theorists are certain it was manipulated to go down on Monday, who did the manipulation?I am still looking for a rally in GLD.I have been hearing for years how gold is manipulated to go down, and is expected to rise when allowed to trade freely. So, according to these manipulation theorists, gold is really only supposed to move in one di...Read More

BERLIN (Reuters) - The German government has cut its forecasts for growth this year and next in Europe’s largest economy and sees an escalation in the global trade dispute as the main risk for the future, a document seen by Reuters on Wednesday showed.The government - due to present its updated forecasts on Thursday - slashed its 2018 and 2019 growth forecasts to 1.8 percent, compared with i...Read More

* Tria: Govt will do all it can to recover market confidence* Italy’s 2-year yield down 8 bps on day, depressed by remarks* Italy/Germany 10-year yield spread tightens to 295 bps* Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr (Rewrites to reflect market change after Tria comments)By Virginia FurnessLONDON, Oct 10 (Reuters) - Italian bond yields fell on Wednesday after the country&...Read More

LONDON/BRUSSELS (Reuters) - Brexit minister Dominic Raab voiced confidence on Tuesday that Britain and the European Union would make progress on their divorce at a summit next week, but again asked the bloc to meet London “halfway” on the most difficult areas.Brexit negotiations have stepped up before the summit next Wednesday and Thursday, and the EU has signalled that its officials b...Read More

There is one thing we should all know as traders and investors -- there are no guarantees when it comes to markets. We should also be aware that trading is a game of odds and probabilities, and our job is to make sure that the trades we enter give us the highest chance for success. As we look at the pattern in gold and the footprint it has been leaving, indications are that there is a big move com...Read More

There is one thing we should allknow as traders and investors -- there are no guarantees when it comes tomarkets. We should also be aware that trading is a game of odds andprobabilities, and our job is to make sure that the trades we enter give us thehighest chance for success.As we look at the pattern in goldand the footprint it has been leaving, indications are that there is a big movecoming and...Read More