(Kitco News) - Gold and silver prices areslightly lower in early U.S. trading Friday. The just-released U.S. jobs reportwas deemed upbeat, but precious metals prices saw little reaction to the newsand saw their mild overnight losses maintained. Augustgold futures were lastdown $1.90 an ounce at $1,257.00. July Comex silver was last down $0.022 at $16.075an ounce.Theclosely followed U.S. employment...Read More

(Kitco News) - Gold and silver prices are slightly lower in early U.S. trading Friday. The just-released U.S. jobs report was deemed upbeat, but precious metals prices saw little reaction to the news and saw their mild overnight losses maintained. August gold futures were last down $1.90 an ounce at $1,257.00. July Comex silver was last down $0.022 at $16.075 an ounce.The closely followed U.S. emp...Read More

SHANGHAI/SINGAPORE (Reuters) - Six months of wrangling over trade tariffs with the United States has wiped out about a fifth of China’s stock market value and driven its currency down sharply. But those moves may have just been a downpayment on what is yet to come.Shanghai's benchmark share index .SSEC is down roughly 22 percent since January, when U.S. President Donald Trump's first trade...Read More

(Kitco News) - Gold prices edged up after the U.S. economy created more jobs than expected in June. The Bureau of Labor Statistics said 213,000 jobs were created in June. Economists were projecting to see gains of 200,000. At the same time, the U.S. unemployment rate rose from 3.8% to 4.0%. “Over the month, job gains occurred in professional and business services, manufacturing, and health c...Read More

BEIJING (Reuters) - Washington imposed tariffs on $34 billion of Chinese imports on Friday and Beijing has said it will retaliate with punitive measures on U.S. products worth a similar amount, including soybeans, pork and cotton.The Chinese government had not officially confirmed on Friday afternoon that the retaliatory tariffs had taken effect.But the tit-for-tat measures have escalated the trad...Read More

(Reuters) - U.S. stock index futures dipped on Friday after the United States and China slapped tariffs on each other’s exports worth $34 billion, triggering what Beijing called the “largest-scale trade war.”The U.S. tariffs took effect at 0401 GMT on Friday and shortly after that China’s commerce ministry said it was forced to retaliate.While U.S. goods to China including...Read More

July 6 (Reuters) - Futures pointed to a lower opening for Canada's main stock index on Friday as oil prices dipped due to higher output from top exporter Saudi Arabia and under pressure from a trade war between the United States and China.Oil slipped towards $77 a barrel after Saudi Arabia told OPEC it raised production by almost 500,000 barrels per day last month.September futures on the S&P/...Read More

BERLIN (Reuters) - German Finance Minister Olaf Scholz said on Friday he expects the European Central Bank to eventually start gradually raising interest rates in the euro zone.“We expect and hope for a gradual normalization of interest rates,” Scholz said. “We cannot assume that interest rates paid by the state will remain as low as they are now.”In a rare jab at U.S. Pres...Read More

DETROIT (Reuters) - U.S. President Donald Trump’s threat to block Chinese investment in U.S. companies could be trouble for a number of American automotive and technology companies using Chinese funds to develop electric and self-driving cars and related services, from Tesla Inc (TSLA.O) to dozens of Silicon Valley startups.Chinese companies in the past five years have funded at least 80 U.S...Read More

Shares in Condor Gold (LON:CNR) jumped Friday after the Nicaragua-focused miner submitted further technical studies to the country's Ministry of Environmental and Natural Resources (MARENA) for permitting approval at its La India project.The submission of additional documents comes after the environmental regulator requested a reply to formal questions following a site visit inspection to the co...Read More

Shares in Condor Gold (LON:CNR) jumped Friday after the Nicaragua-focused miner submitted further technical studies to the country's Ministry of Environmental and Natural Resources (MARENA) for permitting approval at its La India project.The submission of additional documents comes after the environmental regulator requested a reply to formal questions following a site visit inspection to the co...Read More

BERLIN (Reuters) - German Finance Minister Olaf Scholz on Friday defended his balanced budget plan for this year, saying that fiscal policy should be planned while bearing in mind that restrictive trade policies could hit tax revenues.“If we look at the trade development, it is justifiable to be careful in budget planning,” Scholz said during a news conference.Scholz also said that an...Read More

Shares in Condor Gold (LON:CNR) jumped Friday after the Nicaragua-focused miner submitted further technical studies to the country's Ministry of Environmental and Natural Resources (MARENA) for permitting approval at its La India project.The submission of additional documents comes after the environmental regulator requested a reply to formal questions following a site visit inspection to the co...Read More

Shares in Condor Gold (LON:CNR) jumped Friday after the Nicaragua-focused miner submitted further technical studies to the country's Ministry of Environmental and Natural Resources (MARENA) for permitting approval at its La India project.The submission of additional documents comes after the environmental regulator requested a reply to formal questions following a site visit inspection to the co...Read More

SOFIA (Reuters) - No one will gain from a trade war, Chinese Premier Li Keqiang said on Friday, speaking hours after the United States and China slapped tit-for-tat duties on $34 billion worth of the other’s imports.“Trade war is never a solution,” Li said at a news briefing with Bulgarian Prime Minister Boyko Borissov in Sofia before a summit with 16 central and eastern European...Read More

BERLIN (Reuters) - German industrial output bounced back in May, data showed on Friday, suggesting that factories in Europe’s largest economy are gathering steam again after a weak start of the year.Data from the Statistics Office showed output increased by 2.6 percent, the highest rise since November. The reading beat a Reuters forecast for a rise of 0.3 percent and was only the second rise...Read More

(Reuters) - Gold miner Acacia Mining Plc (ACAA.L) said on Friday it expected 2018 production to come in at the top end of this year’s reduced target of 435,000-475,000 ounces.Acacia, a unit of Canada’s Barrick Gold (ABX.TO) and Tanzania’s largest gold miner, said first half production fell more than 40 percent to 254,759 ounces from a year earlier.It produced 133,778 ounces of go...Read More

   •  Hasn't been able to build on this week's goodish rebound from YTD lows and is now confined in a downward sloping trend-channel, forming a bullish flag on the 1-hourly chart.    •  Short-term technical indicators have started losing their positive momentum but the fact that it has managed to hold above 100-hour SMA reinforces the bullish formati...Read More

The proposed hybrid power station, combined with a thermal station expansion at Granny Smith mine, will meet the increased daily power needs of the entire mine of 24.2MWRead full newsRead More

Stocks Analysis by Sean Mason, SmallCapPower.com covering: XAU/USD, Gold Futures, Dalradian Resources Inc, Torex Gold Resources Inc. Read Sean Mason, SmallCapPower.com's latest article on Investing.comRead full newsRead More