Recent News

Gold Seeker Closing Report: Gold and Silver Fall Again

June 26, 2018 / news.goldseek.com

 CloseGain/LossGold $1258.90-$6.90Silver$16.30-$0.05XAU80.48-0.05%HUI172.93-0.70%GDM612.24-0.07%JSE Gold1024.46-36.71USD94.71+0.41Euro116.47-0.55Yen90.95-0.11Oil$70.53+$2.4510-Year2.880%+0.005T-Bond144.28125-0.0625Dow24283.11+0.12%Nasdaq7561.63+0.39%S&P2723.06+0.22%  The Metals: Gold fell $10.90 to $1254.90 by a little after 8AM EST before it bounced back higher in New York...Read More

Samarco reaches settlement with Brazilian authorities over dam collapse

June 26, 2018 / www.metalbulletin.com

Brazilian iron ore pellet producer Samarco has reached a final agreement with Brazilian authorities and its shareholders - Vale and BHP - to settle legal action that resulted from a tailings dam disaster in 2015. The agreement was signed by Samarco, Vale, BHP, and the Brazilian prosecution offices of the federal government and the states of Minas Gerais and Esp?-rito Santo, as well as other govern...Read More

LIVE FUTURES REPORT 25/06: LME base metals pressured by trade tensions; nickel finds support

June 26, 2018 / www.metalbulletin.com

Base metals on the London Metal Exchange ended mostly lower at the close of trading on Tuesday June 26, weakened by volatile trade relations between the United States and other major economies. "In terms of today's action, we are down once again in the metals space, as the sector typically lands squarely in the middle of any US/Chinese trade spat, real or imagined," INTL FCStone analyst Edward Mei...Read More

Gold Seeker Closing Report: Gold and Silver Fall Again

June 26, 2018 / news.goldseek.com

 CloseGain/LossGold $1258.90-$6.90Silver$16.30-$0.05XAU80.48-0.05%HUI172.93-0.70%GDM612.24-0.07%JSE Gold1024.46-36.71USD94.71+0.41Euro116.47-0.55Yen90.95-0.11Oil$70.53+$2.4510-Year2.880%+0.005T-Bond144.28125-0.0625Dow24283.11+0.12%Nasdaq7561.63+0.39%S&P2723.06+0.22%  The Metals: Gold fell $10.90 to $1254.90 by a little after 8AM EST before it bounced back higher in New York...Read More

Ira Epstein's Metals Video 6 26 2018

June 26, 2018 / news.goldseek.com

By Ira EpsteinGold makes new lows for 2018.https://www.iraepstein.com/ Read More

A Golden Moon

June 26, 2018 / news.goldseek.com

Graceland Updates By Stewart Thomson 1. I don't like to spend a lot of time in the grocery store but I love the price sales, and gold's superb seasonal price sale continues in orderly fashion. 2. Astute investors are now calmly booking fabulous gold and silver put option profits, and filling their "grocery carts" with modest amounts of quality mining stocks.3. Please click h...Read More

Intraday Bulls Fight Back

June 26, 2018 / news.goldseek.com

By Ricky WenMonday was a fairly fast-paced trading day. It started with Sunday night weakness at around 2740 in the Emini S&P 500 that continued into the regular trading hours. Essentially, the bears accelerated the downside flush by piercing below last week's 2735.75 level immediately after the open and dropping into one of our key support areas at 2720. That proved to be pivotal as that lev...Read More

Gold in 2048

June 26, 2018 / news.goldseek.com

Do you have enough of constant fluctuations, changes in the short-term trends? Are you tired of checking the gold prices all the time? Good, so let's rest from the daily hustle and bustle and focus today on what will be in thirty years. The Next 30 Years for Gold In May, the World Gold Council published a report titled "Gold 2048: The next 30 years for gold." The publication starts with the G...Read More

The Shareholders Gold Council (SGC) - "Just don't mention the Gold Price"

June 26, 2018 / news.goldseek.com

By Ronan Manlyhttps://www.bullionstar.com/One of the more interesting developments in the gold mining sector at the moment is the impending launch of an investor alliance called the Shareholders Gold Council (SGC) whose objectives focus on reversing the poor shareholder returns and underperformance that has been dogging the sector's leading gold mining stocks for some time now.This new 'Council'...Read More

U.S. Gold Exports To London Surge

June 26, 2018 / news.goldseek.com

By Steve St. AngeloAs U.S. gold exports to Hong Kong and China fell 25% in the first four months of the year, London picked up the slack. According to the USGS, U.S. gold exports to London surged more than doubled from January to April, compared to the same period last year. Interestingly, the amount of gold exported to London during this period nearly equaled the total U.S. domestic gold mi...Read More

Russia Is Defying Expectations

June 26, 2018 / news.goldseek.com

By Frank HolmesBefore being defeated today by Uruguay at the 2018 FIFA World Cup, Russia surprised experts and fans alike. Expectations were low at best. Because of recent setbacks, including a disastrous performance at the 2016 UEFA European Championship and injuries sustained by key players, the federation ranked a dismal 66th place among F?d?ration Internationale de Football Association teams...Read More

Are Precious Metals at an Inflection Point?

June 26, 2018 / news.goldseek.com

Source: Michael J. Ballanger for Streetwise Reports 06/25/2018 Precious metals expert Michael Ballanger discusses recent activity in the precious metals markets and what it may signify. -->My last missive was entitled "Gold's Relative Strength Index indicating a bottom is here," and it was dispatched at noon on Thursday but was written that morning after I had tweeted out the following:Mich...Read More

Jack Chan's Weekly Precious Metals Market Update

June 26, 2018 / news.goldseek.com

Source: Jack Chan for Streetwise Reports 06/25/2018 Technical analyst Jack Chan charts the latest moves in the gold and silver markets. --> Our proprietary cycle indicator is up. The gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term. The gold sector is on a short-term sell signal. Short-term si...Read More

Asian Metals Market Update: June 26 2018

June 26, 2018 / news.goldseek.com

Direction of global stock markets will be the key to industrial metal prices and silver. Gold if it does not rise will see more correction. Crude oil will remain unaffected by any news on very strong short term fundamentals. Physical demand of copper, silver, nickel and zinc will be the key. The next three days are very crucial for copper, zinc and nickel. If they fall, they will sink and move i...Read More

RUSSIA FLAT STEEL: Markets quiet on low demand, trucking restrictions during World Cup

June 26, 2018 / www.metalbulletin.com

The hot-rolled (HR) and cold-rolled (CR) steel sheet markets in Russia's central region around Moscow remained weak this week on lower demand than expected during the summer period. The World Cup football tournament, hosted in Russia (June 14-July 15), has had an effect on market activity as well, sources told Metal Bulletin. "Demand was lower than expected even in early June before the World Cup...Read More

MGX Minerals Announces Closing of Oversubscribed $15.5M Private Placement

June 26, 2018 / juniorgoldreport.com

VANCOUVER, BRITISH COLUMBIA / June 25, 2018 / MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / OTCQB: MGXMF / FKT: 1MG) is pleased to announce, further to its news release dated June 5, 2018, it has closed its previously announced non-brokered private placement financing for total gross proceeds of $15,492,334.45 (the "Offering").Pursuant to the Offering, the Company issued 5,443,205 flow...Read More

Gold Seeker Closing Report: Gold and Silver Fall Again

June 26, 2018 / news.goldseek.com

 CloseGain/LossGold $1258.90-$6.90Silver$16.30-$0.05XAU80.48-0.05%HUI172.93-0.70%GDM612.24-0.07%JSE Gold1024.46-36.71USD94.71+0.41Euro116.47-0.55Yen90.95-0.11Oil$70.53+$2.4510-Year2.880%+0.005T-Bond144.28125-0.0625Dow24283.11+0.12%Nasdaq7561.63+0.39%S&P2723.06+0.22%  The Metals: Gold fell $10.90 to $1254.90 by a little after 8AM EST before it bounced back higher in New York...Read More

GULF FLAT STEEL IMPORTS: Prices increase with new deals

June 26, 2018 / www.metalbulletin.com

Flat steel import prices in the United Arab Emirates and Saudi Arabia increased this week with new deals and higher offer prices, sources told Metal Bulletin on Tuesday June 26. Market participants are expecting prices to be stable for some time because demand is weak. Import prices have increased globally since May, when buying was scarce in the Middle East because of the Islamic holy month...Read More

More Q3 MJP deals done at $132/t; benchmark settlement nears

June 26, 2018 / www.metalbulletin.com

There have been more deals for third-quarter cif main Japanese ports (MJP) aluminium supply agreed at a premium of $132 per tonne between several buyers and more than one producers, sources involved in the quarterly negotiations said on Tuesday June 26. The number, which could become the quarterly benchmark if more than 30,000 tonnes of business are confirmed at that level, represents a 2.3% incre...Read More

NORTH AMERICAN MORNING BRIEF 26/06: FeCr benchmark down; vanadium prices jump; cobalt slides

June 26, 2018 / www.metalbulletin.com

The latest metal markets news and price moves for the start of the North American day on Tuesday June 26. Nickel prices on the London Metal Exchange were down by more than 3% at the close of trading on Monday June 25, while other base metals prices also slumped. Here's how LME prices looked at 12:36pm in London. Hassan...Read More

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