Editor's Note: Updating earlier story with more details from report. (Kitco News)- Goldman Sachs analysts are maintaining an “overweight”rating on commodities despite recent weakness in the complex.Commodities are still the top-performing asset class of2018, although they fell in June due to weaker emerging-market demand,trade-war worries and supply concerns in the oil market, Goldman...Read More

Editor's Note: Updating earlier story with more details from report. (Kitco News) - Goldman Sachs analysts are maintaining an “overweight” rating on commodities despite recent weakness in the complex. Commodities are still the top-performing asset class of 2018, although they fell in June due to weaker emerging-market demand, trade-war worries and supply concerns in the oil market, Gol...Read More

   •  Struggles to build on this week’s recovery move despite trade-war fears/softer USD.    •  Fading safe-haven demand/uptick in the US bond yields exerts fresh selling pressure.   •  US economic data eyed for some impetus ahead of the latest FOMC meeting minutes. Gold came under some renewed selling pressure on Thursday and...Read More

(Reuters) - Wall Street opened higher on Thursday, as signs that Washington may ease back on plans for tariffs on European cars drove gains for automakers, offsetting further signs of tension with China.The Dow Jones Industrial Average rose 111.00 points, or 0.46 percent, at the open to 24,285.82. The S&P 500 opened higher by 10.97 points, or 0.40 percent, at 2,724.19. The Nasdaq Composite gai...Read More

LONDON (Reuters) - Oil edged lower on Thursday but still stood not far off its highest in 3-1/2 years, boosted by potential disruptions to flows from Iran and the Middle East despite a fresh demand from U.S. President Donald Trump that OPEC cut prices.Brent crude futures LCOc1 were at $77.99 a barrel at 1345 GMT, down 25 cents.U.S. crude futures CLc1 were also down 25 cents at $73.89, not far from...Read More

Australia's Lucapa Diamond (ASX:LOM) said Thursday production at its 40%-owned prolific Lulo project, in Angola, rose 20% during the June quarter.Production at the mine, which has yielded massive diamonds this year, reached 5,058 carats during the three months to June, up from the 4,203 carats in the previous corresponding period, the company said.The total weight of special stones dug up by Luca...Read More

Australia's Lucapa Diamond (ASX:LOM) said Thursday production at its 40%-owned prolific Lulo project, in Angola, rose 20% during the June quarter.Production at the mine, which has yielded massive diamonds this year, reached 5,058 carats during the three months to June, up from the 4,203 carats in the previous corresponding period, the company said.The total weight of special stones dug up by Luca...Read More

Australia's Lucapa Diamond (ASX:LOM) said Thursday production at its 40%-owned prolific Lulo project, in Angola, rose 20% during the June quarter.Production at the mine, which has yielded massive diamonds this year, reached 5,058 carats during the three months to June, up from the 4,203 carats in the previous corresponding period, the company said.The total weight of special stones dug up by Luca...Read More

BTIG said users 'could not care less' about Facebook's privacy concerns Facebook, Inc. (NASDAQ:FB) stock is up 1.8% to trade at $196.17, after BTIG upped its price target on the social media giant by more than 50%, to $275 from $175, while maintaining its current "buy" rating. The brokerage firm also upped its earnings and revenue expectations for 2018 to 2020. The analyst said the growth of Inst...Read More

(Kitco News)- Gold prices continue to hold modest gains despite surgingmomentum in the U.S. service sector, according to the latest data from theInstitute of Supply Management (ISM).Thursday, the ISM said its Non-manufacturing Purchasing Managers Indexshowed a reading of 59.1% in June up from May's reading of 58.6%. The increasewas well above expectations as consensus forecasts were calling for a...Read More

BRUSSELS (Reuters) - European Union countries voted on Thursday in favor of provisional measures proposed by the European Commission to curb steel imports into the bloc, a Commission spokesman said.The Commission has proposed a combination of a quota and a tariff to prevent a surge of steel imports, notably since the United States imposed levies on incoming steel and aluminum.“This is intend...Read More

WASHINGTON (Reuters) - U.S. private payrolls rose less than expected in June while the number of Americans filing for unemployment benefits unexpectedly rose last week, but that did little to change perceptions that labor market conditions continued to tighten.The labor market is viewed as being near or at full employment, with the jobless rate at an 18-year low of 3.8 percent. The unemployment ra...Read More

There may also be a gold angle to the electric vehicle revolution, argues the Gold Council in a study that looks at precious metal and various uses in electronics. While lithium, nickel, copper and cobalt have all enjoyed a lift, gold may have a role to play since it offers some circuitry and conductivity advantages over other types of metals.The industry is shifting rapidly towards electrificatio...Read More

There may also be a gold angle to the electric vehicle revolution, argues the Gold Council in a study that looks at precious metal and various uses in electronics. While lithium, nickel, copper and cobalt have all enjoyed a lift, gold may have a role to play since it offers some circuitry and conductivity advantages over other types of metals.The industry is shifting rapidly towards electrificatio...Read More

There may also be a gold angle to the electric vehicle revolution, argues the Gold Council in a study that looks at precious metal and various uses in electronics. While lithium, nickel, copper and cobalt have all enjoyed a lift, gold may have a role to play since it offers some circuitry and conductivity advantages over other types of metals.The industry is shifting rapidly towards electrificatio...Read More

(Kitco News)- So-called “greentechnologies,” meant to better protect the environment while meeting the demandsof consumers, should boost silver demand in the future, says a report from theSilver Institute.In particular, the reportcited an expectation for exponential growth of new-energy vehicles (NEVs) andcontinued investment in solar photovoltaic energy. The combined demand fromthese...Read More

(Kitco News) - So-called “green technologies,” meant to better protect the environment while meeting the demands of consumers, should boost silver demand in the future, says a report from the Silver Institute.In particular, the report cited an expectation for exponential growth of new-energy vehicles (NEVs) and continued investment in solar photovoltaic energy. The combined demand fro...Read More

Argonaut Gold Inc announced that the Collegiate Tribunal has unanimously ruled to lift the suspension of the explosives permit at the La Colorada mine.Read full newsRead More

* ECB focus on long-dated debt keeps euro zone curves flat* German state NRW set to be first to benefit, preps 50-year bond* Most euro zone yields edge up in late trade* Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr (Updates prices for close)By Abhinav RamnarayanLONDON, July 4 (Reuters) - The gap between short- and long-term euro zone borrowing costs was near its tightest in over a week...Read More

Mr. Pascal Hamelin reportsMETANOR INTERSECTS 8.4 G/T AU OVER 5.5 METRES AT MOROY Metanor Resources Inc. has released the drill results from the continuing underground drill campaign at the Moroy zone, including new high-grade results of 8.4 grams per tonne gold over 5.5 metres, 11 g/t Au over four metres and 10.7 g/t Au over 4.4 metres. These new results demonstrate the high-grade continuity to t...Read More