(Kitco News)- Although gold prices have managed to bounce off fresh12-month lows, the market is still down almost 7.5% from its April highs andone international bank sees risks for more down side.In a report Tuesday, Georgette Boele, coordinator of foreignexchange and precious metals strategy at ABN Amro, said that gold prices couldcontinue to fall and the market is weighed down in part by surging...Read More

(Kitco News)- Gold has been held back by a stronger U.S. dollar but theyellow metal could get a boost if the Federal Reserve reigns in expected ratehikes, this according to Chris Mancini, research analyst at Gabelli Funds.Gold prices have been on a steady decline ever since theJune 13 Fed meeting, with spot gold down nearly 5% since its June highs. TheU.S. dollar index, DXY, has rallied 1% in th...Read More

(Kitco News) - Gold has been held back by a stronger U.S. dollar but the yellow metal could get a boost if the Federal Reserve reigns in expected rate hikes, this according to Chris Mancini, research analyst at Gabelli Funds.Gold prices have been on a steady decline ever since the June 13 Fed meeting, with spot gold down nearly 5% since its June highs. The U.S. dollar index, DXY, has rallied 1...Read More

DETROIT (Reuters) - U.S. consumers put a high value on fuel economy when buying a new vehicle, according to a Reuters/Ipsos opinion poll, as automakers lobby the administration of President Donald Trump for relief from mileage requirements enacted by his predecessor.In a Reuters/Ipsos poll taken May 31 to June 15, 41 percent of respondents said mileage was most important to them when buying a new...Read More

Renforth Resources (CSE:RFR) ("Renforth" or the "Company") is pleased to announce drilling has resumed at Parbec with a planned 1500m in 7 holes drill program.Read full newsRead More

RIO CHICO, Venezuela (Reuters) - Under the midday sun, dozens of fishermen wait to sell their day’s catch by a lagoon in the town of Rio Chico on the Caribbean coast of Venezuela. But they aren’t expecting cash in return.Instead, they’re swapping mullets and snappers for packages of flour, rice and cooking oil.“There is no cash here, only barter,” said Mileidy Lovera,...Read More

It was another day of whipsaw trading for the DowThe Dow explored a 294-point range on both sides of breakeven during today's abbreviated session, as an early rally evaporated by the time the closing bell sounded. After tech sector gains helped pull the major benchmarks into the green yesterday, sharp losses for chipmakers and FAANG stocks created pressure today. Looking ahead, the U.S. stock mark...Read More

(Reuters) - Diane Bryant, a former Intel Corp (INTC.O) executive who headed the chipmaker’s data center unit, is leaving Alphabet Inc’s (GOOGL.O) cloud computing unit less than a year after joining and just as her old employer searches for a new chief executive.Google Cloud, the unit of Alphabet that competes against Amazon.com Inc (AMZN.O) and Microsoft Corp (MSFT.O) to sell computing...Read More

Shares in Canada's Nemaska Lithium (TSX:NMX, OTC:NMKEF) swung wildly on Tuesday after the company inked a supply deal with a South Korean battery maker that all but ties up full production from its Quebec project until after 2025.Nemaska sank more than 5% on US over the counter markets in morning trade, only to bounce higher in Toronto as US markets closed early for July 4 holidays. Near the clo...Read More

LONDON (Reuters) - U.S. authorities have demanded Glencore (GLEN.L) hand over documents about its business in the Democratic Republic of Congo, Venezuela and Nigeria in relation to a corruption probe, sending the mining company’s shares down more than 10 percent.Swiss-based Glencore said it received a subpoena from the U.S. Department of Justice dated July 2 requesting documents and records...Read More

BUCHAREST (Reuters) - The European Central Bank’s chief economist said on Tuesday he was confident inflation in the euro zone would continue accelerating toward the ECB’s target of just under 2 percent even after the end of its massive bond purchases.Peter Praet set out the reasons for the ECB’s recent decision to stop adding to its 2.6 trillion-euro ($3 trillion) stock of bonds...Read More

(Kitco News) - Gold and silver prices were moderately higher in early-afternoon U.S. trading Tuesday,on some short covering in the futures markets and perceived bargain-buying inthe cash markets. Gold hit a 12-month low overnight and silver scored a seven-monthlow on Monday. The U.S. dollar index was also lower today, which favored theprecious metals market bulls. Augustgold futures were last up $...Read More

(Kitco News) - Gold and silver prices were moderately higher in early-afternoon U.S. trading Tuesday, on some short covering in the futures markets and perceived bargain-buying in the cash markets. Gold hit a 12-month low overnight and silver scored a seven-month low on Monday. The U.S. dollar index was also lower today, which favored the precious metals market bulls. August gold futures were last...Read More

(Reuters) - U.S. stocks rose on Tuesday, when markets close early ahead of the July 4 holiday, boosted by energy stocks, but gains were capped by a drop in technology stocks, with Facebook sliding on renewed concerns over its data scandal.Facebook dropped 1.9 percent after the Washington Post reported a federal probe on the data breach linked to Cambridge Analytica was broadened and will include m...Read More

   •  After hitting fresh YTD lows, the precious metal stages a solid rebound from a short-term descending trend-channel support and amid near-term oversold conditions.    •  The up-move, however, hasn't been supported by short-term technical indicators and could be solely attributed short-covering led by a modest USD retracement.    •&nbs...Read More

LONDON, July 3 (Reuters) - Billionaire Anil Agarwal faces investor resistance to his $1 billion bid to buy out minority shareholders in Vedanta Resources and take the London-listed Indian miner private.Vedanta, chaired by its 64-year-old founder Agarwal, on Monday announced that its independent board directors were prepared to back an 825 pence-a-share bid from Agarwal's family trust, Volcan, to a...Read More

LONDON, July 3 (Reuters) - Billionaire Anil Agarwal faces investor resistance to his $1 billion bid to buy out minority shareholders in Vedanta Resources and take the London-listed Indian miner private.Vedanta, chaired by its 64-year-old founder Agarwal, on Monday announced that its independent board directors were prepared to back an 825 pence-a-share bid from Agarwal's family trust, Volcan, to a...Read More

WASHINGTON (Reuters) - U.S. President Donald Trump said on Tuesday his administration is working to lure other motorcycle companies to the United States, following Harley-Davidson Inc’s decision to shift some production for European customers overseas.“Now that Harley-Davidson is moving part of its operation out of the U.S., my Administration is working with other Motor Cycle companies...Read More

NEW YORK, July 3 (Reuters) - U.S. Treasury investors turned mildly more bearish in the latest week after last week's bond market gains tied to worries about escalating trade friction between the United States and its major trade partners, a J.P. Morgan survey released on Tuesday showed.The share of investors who said on Monday they are short, or holding fewer longer-dated Treasuries than their por...Read More

eBay will offer exclusive deals just a day after Amazon's Prime DayStocks have pared most of their gains, but remain modestly higher ahead of today's early close. Three stocks makingnoteworthy moves are e-commerce concern eBay Inc (NASDAQ:EBAY), lighting expert Acuity Brands, Inc. (NYSE:AYI), and drugmaker Epizyme Inc (NASDAQ:EPZM). Below, we will take a closer look at howshares of EBAY, AYI, an...Read More