Michael Martina, David LawderBEIJING/WASHINGTON (Reuters) - China urged the United States on Thursday to make a “wise decision” on trade, saying it was ready to respond in case Washington chose confrontation, as U.S. President Donald prepares to decide whether to activate tariffs on Chinese goods.Trump is due to unveil revisions to his initial tariff list targeting $50 billion of Chine...Read More

The shares have finally topped their Day 1 peakShares of Etsy Inc (NASDAQ:ETSY) are soaring in early trading, after the company lifted its 2018 revenue growth outlook, now expecting a 32%-34% increase. The company also hiked its seller transaction fee to 5% from 3.5%, and said it has plans to increase investments in direct marketing. Against this backdrop, ETSY stock is exploring record highs.ET...Read More

JOHANNESBURG, June 14 (Reuters) - Sibanye-Stillwater has recovered the body of the fifth and final missing mine worker after a three-day search at its Kloof Ikamva gold mine in South Africa, the company said on Thursday.The five Sibanye workers killed went missing on Monday after entering an abandoned section of the mine near Johannesburg, the latest in a series of fatal incidents at the companies...Read More

JOHANNESBURG, June 14 (Reuters) - Sibanye-Stillwater has recovered the body of the fifth and final missing mine worker after a three-day search at its Kloof Ikamva gold mine in South Africa, the company said on Thursday.The five Sibanye workers killed went missing on Monday after entering an abandoned section of the mine near Johannesburg, the latest in a series of fatal incidents at the companies...Read More

Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More

Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More

(Reuters) - U.S. stocks opened higher on Thursday on better-than-expected May retail sales data, while investors assessed the European Central Bank's move to end its stimulus program and the U.S. Federal Reserve's guidance on monetary policy.The Dow Jones Industrial Average rose 53.45 points, or 0.21 percent, at the open to 25,254.65. The S&P 500 opened higher by 7.58 points, or 0.27 percent,...Read More

One firm published positive data, while the other received a regulatory winShares of Novavax, Inc. (NASDAQ:NVAX) are trading up 1.6% at $1.64, after the company published positive early stage trial data for its NanoFlu treatment in the New England Journal of Medicine. Specifically, the flu vaccine showed significant improvement in immune responses of older adults with the influenza virus, compared...Read More

(Kitco News) - Gold managed to keep early-morning gains as European Central Bank (ECB) President Mario Draghi said there will be no move on rates at least through the summer of 2019, while adding that the quantitative easing (QE) program will end in the end of the year.“We decided to keep the key ECB interest rates unchanged and we expect them to remain at their present levels at least throu...Read More

It actually could be a great time to strike on near-term AMZN optionsAmazon.com, Inc. (NASDAQ:AMZN) is trading 0.3% higher today at $1,710, after brokerage firm D.A. Robinson raised its price target to $2,100 from $1,900. AMZN shares would need to rally about 23% to reach this level, which is well above the Wall Street average. By the numbers, the average analyst price target for the e-commerce gi...Read More

BEIJING (Reuters) - China President Xi Jinping told visiting U.S. Secretary of State Mike Pompeo on Thursday that Washington and Beijing should make the most of bilateral mechanisms, amid escalating trade tensions between the world's two biggest economies.Pompeo told Xi during their meeting that U.S. President Donald Trump truly values his relationship with Xi.Reporting by Michael Martina; writing...Read More

(Kitco News)- Gold traded as we expected after the Fed raised ratesyesterday -- first a swoon on theannouncement and then a pop. This has been the pattern for the last three ratehikes. Although the message from the Fed was hawkish,indicating further rate hikes this year, traders ignored the statement andbegan focusing again on global issues, specifically the looming trade wars.There is a consensus...Read More

BEIJING (Reuters) - China will ensure U.S. diplomats based in the country are safe, U.S. Secretary of State Mike Pompeo said on Thursday, amid reports that some had suffered a mysterious malady resembling a brain injury that has already hit U.S. personnel in Cuba.Speaking in Beijing, Pompeo said he raised what he referred to as a “health incident” during his meeting with the Chinese go...Read More

Several workers who went missing Monday at a Sibanye Gold Ltd. mine in South Africa have been found dead, bringing the number of people killed at the company's operations this year to more than a dozen.Read full newsRead More

LONDON (Reuters) - The euro fell a full cent against the dollar and government borrowing costs dropped on Thursday, after the European Central Bank vowed not to raise euro zone interest rates before the middle of next year.The bank said it was pulling the plug on its 2.55 trillion euro stimulus program but after the Federal Reserve raised U.S. interest rates for the second time this year on Wednes...Read More

Equinox Gold Corp. (TSXV: EQX) says construction on its Aurizonagold mine remains on pace for a gold pour by late 2018. The mine is expected toproduce an average of 136,000 ounces of gold per year, and constructionspending is tracking in-line with the $146 million project budget, the companysays. Equinox reports that the project is 55% completed, with engineering,procurement and construction...Read More

Silver has moved back above $17 an ounce for the first time inroughly two months, points out Commerzbank. “Silver was pulled up by the basemetals yesterday and is making further gains this morning,” Commerzbank says.“For the first time in almost eight weeks, silver is priced at over $17 pertroy ounce again. That said, its excursion above this mark lasted only threedays in April....Read More

Comcast trumped Disney's bid for Fox assetsFutures on the Dow Jones Industrial Average (DJI) are pointed higher, as traders continue to digest yesterday's Fed rate hike, as well as the central bank's plans for two additional rate hikes in 2018. Likewise, the European Central Bank (ECB) today said it will likely wind down its quantitative easing program in December. Strong monthly retail sales are...Read More

Junior gold explorers are trading at the same price when gold was trading at $1,100.Junior gold explorers have largely underperformed gold and the gold producers year-to-date.A gold price over $1,400-$1,500 is necessary for these explorers to catch up with their high valuations of the past.For investors that have been investing in junior gold explorers (i.e. micro-cap gold non-producers), the last...Read More

The company's first-quarter earnings and revenue beat, thoughShares of Tailored Brands Inc (NYSE:TLRD) are bracing for a sharp drop at the open, after the Men's Wearhouse parent said same-store sales (SSS) rose a less-than-expected 2.1% in the first quarter, and reiterated its weak full-year guidance. This is offsetting quarterly earnings and revenue beats, with TLRD stock down almost 17% in elect...Read More