The U.S. threatened tariffs on an additional $200B in Chinese goodsU.S. stocks are bracing for a lower open, with the focus returning to a U.S.-China trade war. The Trump administration last night released a list of $200 billion worth of Chinese goods that could be slapped with 10% tariffs, sending Dow Jones Industrial Average (DJI) futures almost 200 points below fair value and putting the Dow's...Read More

   •  A goodish pickup in the USD demand prompts some fresh selling.   •  Escalating US-China trade tensions fail to revive safe-haven demand. Gold remained under some selling pressure for the second consecutive day, albeit has managed to hold its neck just above one-week lows set in the previous session. Currently trading around the $1251 region, the commod...Read More

A muscular U.S. dollar is pressuring goldprices, says BMO Capital Markets and MKS (Switzerland) S.A. As of 8:35 a.m.EDT, the September dollar index was 0.131 point higher to 94.020. Meanwhile,Comex August gold was down $4.80 to $1,250.60 an ounce. “Gold prices have also suffered from the stronger dollar,dropping back to ~1,250/oz while silver dipped back below $16/oz,” BMO says.Alex Th...Read More

A muscular U.S. dollar is pressuring gold prices, says BMO Capital Markets and MKS (Switzerland) S.A. As of 8:35 a.m. EDT, the September dollar index was 0.131 point higher to 94.020. Meanwhile, Comex August gold was down $4.80 to $1,250.60 an ounce. “Gold prices have also suffered from the stronger dollar, dropping back to ~1,250/oz while silver dipped back below $16/oz,” BMO says. Al...Read More

BEIJING (Reuters) - Germany’s BASF managed to wrap up a preliminary deal to build China’s first wholly foreign-owned chemicals complex quite quickly, aided in part by trade tensions between Beijing and Washington, sources with knowledge of the matter said.The proposed complex, worth some $10 billion in investment to 2030, will be located in Guangdong, China’s most populous provin...Read More

(Kitco News) - Gold and silver prices aremoderately lower in early U.S. trading Wednesday, pressured in part by anothervolley of U.S. trade sanctions levied against China that has prompted asell-off in many raw commodity markets. A higher U.S. dollar index today isalso a negative for the precious metals markets. Augustgold futures were last down$5.10 an ounce at $1,250.20. July Comex silver was la...Read More

(Kitco News)- Goldprices remain under pressure, and are seeing little reaction tohotter-than-expected producer inflation pressures.Wednesday,the U.S. Labor Department said its Producer Price Index (PPI) rose 0.3% in Junefollowing an increase of 0.3% in May; the data was stronger than expected witheconomists' forecasting an increase of 0.2%. For the year, producer prices increased by 3.4%. “T...Read More

(Kitco News) - Gold prices remain under pressure, and are seeing little reaction to hotter-than-expected producer inflation pressures.Wednesday, the U.S. Labor Department said its Producer Price Index (PPI) rose 0.3% in June following an increase of 0.3% in May; the data was stronger than expected with economists' forecasting an increase of 0.2%. For the year, producer prices increased by 3.4%. &l...Read More

B2Gold Corp. (TSX: BTO; NYSE AMERICAN: BTG; NSX: B2G) reports that second-quarter gold productionwas roughly double the same period a year ago as the company’s new Fekola goldmine in Mali exceeded expectations. Consolidated output was a quarterly record 240,093 ounces, a jump of 98% (or 118,645ounces) from the year-ago quarter and also 7% (or 16,308 ounces) above budget,B2Gold says. The comp...Read More

B2Gold Corp. (TSX: BTO; NYSE AMERICAN: BTG; NSX: B2G) reports that second-quarter gold production was roughly double the same period a year ago as the company’s new Fekola gold mine in Mali exceeded expectations. Consolidated output was a quarterly record 240,093 ounces, a jump of 98% (or 118,645 ounces) from the year-ago quarter and also 7% (or 16,308 ounces) above budget, B2Gold says. The...Read More

LONDON (Reuters) - Global oil benchmark Brent fell more than $2 a barrel on Wednesday after U.S. President Donald Trump threatened to levy new tariffs on China and Libya announced the reopening of key oil export terminals.The specter of tariffs on a further $200 billion of Chinese goods sent commodities lower along with stock markets, as tension between the world’s biggest economies intensif...Read More

(Reuters) - U.S. drugmaker Pfizer Inc (PFE.N) said on Wednesday it would split its business into three units and one of them would include a new hospital business segment.The three new units are innovative medicines, established medicines and consumer healthcare.The company said the innovative medicines business and consumer healhcare would together comprise about three-quarter of its revenue base...Read More

Five former mining executives at Turkey's Soma coal mine have been jailed over the country's deadliest mining disaster, which claimed the lives of 301 people in May 2014 in the town located 480 km south of Istanbul.The sentences, state-run Anadolu Agency reports, range from 15 to 22 years in prison for the top executives. Nine other employees were handed shorter sentences, while 37 of the 51 defe...Read More

LONDON (Reuters) - Rupert Murdoch’s 21st Century Fox (FOXA.O) has raised its offer for Britain’s Sky (SKYB.L) in an agreed deal valuing the pay-TV group at $32.5 billion, seeing off rival bidder Comcast (CMCSA.O) for now.Fox, which has been trying to buy the pan-European group since December 2016, offered to pay 14 pounds per share, a 12 percent premium to Comcast’s offer, but be...Read More

BEIJING (Reuters) - China’s exports growth is expected to have cooled only slightly in June, possibly further boosting a trade surplus with the United States in a test for Beijing as it tries to weather a volley of U.S. tariffs on its goods that many fear could harm its economy.The Trump administration on Tuesday raised the stakes in its trade dispute with China, saying it would slap 10 perc...Read More

* Stocks fall, US, German bond yields lower* Germany sells 10-year debt* Italy not considering plan B for euro exit - deputy PM* Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr (Updates price action, adds quote, ECB comments, auction)By Dhara RanasingheLONDON, July 11 (Reuters) - Safe-haven bond yields in the euro zone pushed lower on Wednesday as the United States threatened to impose 10...Read More

Mr. Walter Coles reportsSKEENA INTERSECTS 16.02 G/T GOLD OVER 12.25 METRES AT SNIPSkeena Resources Ltd. has released additional assay results from the phase 2 underground drilling program at the company's 100-per-cent-owned Snip gold project located in the Golden Triangle of British Columbia.The phase 2 drilling program totalling 11,000 metres is being performed from surface and underground utiliz...Read More

Mr. Walter Coles reportsSKEENA INTERSECTS 16.02 G/T GOLD OVER 12.25 METRES AT SNIPSkeena Resources Ltd. has released additional assay results from the phase 2 underground drilling program at the company's 100-per-cent-owned Snip gold project located in the Golden Triangle of British Columbia.The phase 2 drilling program totalling 11,000 metres is being performed from surface and underground utiliz...Read More

10 Jul '18 Johannesburg, Tuesday, 10 July 2018. Harmony Gold Mining Company Limited regrets to advise that one of its employees was fatally injured in a fall of ground incident at its Kusasalethu mine in Carletonville this morning. An investigation into the accident is underway. Management express their deepest condolences to the deceased employee's family, friends and colleagues. [...]T...Read More

A look at some of the main news-driven risers and fallers in London on Tuesday afternoon ...Read full newsRead More