(Kitco News) - Gold and silver prices were ending the U.S. day session with solid gains Wednesday,on safe-haven demand. Gold hit a seven-week high today and silver notched atwo-month high. There is elevated anxiety in the marketplace at mid-weekregarding U.S. military intentions after Syria used poisonous gas on itscivilians. President Trump tweeted today, warning Russia that U.S. missiles arecomi...Read More
(Kitco News) - Gold and silver prices were ending the U.S. day session with solid gains Wednesday, on safe-haven demand. Gold hit a seven-week high today and silver notched a two-month high. There is elevated anxiety in the marketplace at mid-week regarding U.S. military intentions after Syria used poisonous gas on its civilians. President Trump tweeted today, warning Russia that U.S. missiles are...Read More
Shares in Pretium Resources Inc (NYSE:PVG) surged on Wednesday after the company announced blockbuster production numbers from its Brucejack gold-silver mine in British Columbia.During early afternoon trade the Vancouver-based producer was exchanging hands for $8.27 a share, up 19.4% on the New York Stock Exchange, in massive volumes of more than 8m shares traded. Pretium is now worth $1.5 billion...Read More
RIYADH (Reuters) - Saudi Arabia’s air defense forces intercepted three ballistic missiles fired at Riyadh and other cities on Wednesday by Yemen’s Houthis who have stepped up attacks recently, threatening to escalate a rivalry between Saudi Arabia and Iran.Three rockets were shot down above the capital and the southern cities of Jizan and Najran, according to state media and the Saudi-...Read More
LONDON (Reuters) - British Prime Minister Theresa May said all the indications were that the Syrian authorities were responsible for a chemical attack in the Syrian town of Douma and that such shocking assaults could not go unchallenged.U.S. President Donald Trump warned Russia on Wednesday of imminent military action in Syria over a suspected poison gas attack, declaring that missiles “will...Read More
By David Hodari Aluminum futures pushed higher on Wednesday, extending their rally as White House sanctions on Russian companies continued to ripple through the market. The industrial metal was up 2.6% at $2,267 a metric ton in late-morning trading in London--matching its year-to-date high--having risen 10.5% so far this week. In other major metals markets, copper edged down 0.1% to $6,963 a me...Read More
* Yields across bloc drop towards lows* Rising US-Russia tensions fuel safe haven assets bid* Germany’s 10-year yield hits week low* ECB says Nowotny’s view is not its own* U.S. consumer prices posts first drop in 10 months in March* Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr (Rewrites throughout)By Fanny Potkin and Abhinav RamnarayanLONDON, April 11 (Reuters) - Euro zone...Read More
Gervaise Heddle, chief executive of Greatland Gold plc (LON:GGP), tells Proactive Investors they're ready to advance the Firetower project in Tasmania towards an exploration target of 1mln ounces of gold.It comes after a technical review of the project highlighted potential for a geophysical programme (using induced polarisation) to assist in outlining gold mineralisation in areas untested by prev...Read More
Nickel Call – BUY Nickel at CMP 894 for Target small 900 – 906 with Small SL 889AFTER POST CONTENT Read More
While most of the market has struggled in 2018, these stocks have hit new highsWhile much of the stock market has been struggling over the past couple of months, a pair of retail stocks have been quietly making new highs. Specifically, American Eagle Outfitters (NYSE:AEO) and Abercrombie & Fitch Co. (NYSE:ANF) stocks have been outperforming in a big way -- and it looks like short-term options are...Read More
Oil is pacing for its best close in three yearsThe Dow Jones Industrial Average (DJI) was down more than 200 points at its early morning low after President Donald Trump's tweet sparked concerns of escalating political tensions with Syria and Russia. While the Dow has since pared these losses, the S&P 500 Index (SPX) and Nasdaq Composite (IXIC) have turned higher, with FAANG stocks rallying duri...Read More
WASHINGTON (Reuters) - Mick Mulvaney, head of the U.S. Consumer Financial Protection Bureau (CFPB), is due to face lawmakers on Wednesday who want to know why he has dropped cases against payday lenders and pulled back from regulating the market for small-dollar loans.It will be the first opportunity for Democratic lawmakers to publicly grill Mulvaney on his leadership of the bureau created by Con...Read More
Keith Bush, chief executive of Cabot Energy Plc (LON:CAB), tells Proactive's Andrew Scott production in April's averaged 950 barrels of oil per day, meanwhile, the measure for the first three months of the year averaged 725 bopd.Cabot's anticipating that another 200 bopd of crude production will be brought online through the second quarter. Meet 360 Blockchain Inc and Alterola Biotech, Inc a...Read More
RIYADH (Reuters) - Saudi Arabia's air defence forces intercepted a ballistic missile over Riyadh on Wednesday, state media said, after at least three blasts were heard and three clouds of smoke were seen in the sky above the capital.Yemen's Houthis has stepped up missile attacks on the kingdom in what it says is retaliation for air raids by a Saudi-led coalition fighting the Iran-aligned armed mov...Read More
NEW YORK (Reuters) - Global equity markets slid on Wednesday as U.S. President Donald Trump warned Russia that missiles “will be coming,” in Syria after a suspected chemical attack, and oil hit its highest in more than three years after Saudi Arabia said it intercepted missiles over Riyadh.The fallout from new U.S. sanctions on Moscow have rattled investors and fears of military action...Read More
Copper Tips Today – SELL Copper at CMP 448.85 for Target 446 with SL Above price level 450.20 (SMALL SL)AFTER POST CONTENT Read More
(Reuters) - Wall Street fell on Wednesday, led by losses in financial stocks, on brewing tensions between the United States and Russia over a possible U.S. military action against Syria.The S&P banks index .SPSY slipped nearly 1 percent. JPMorgan (JPM.N) and Bank of America (BAC.N) fell about 1.2 percent, while Goldman Sachs (GS.N) dropped 1.6 percent.The U.S. 10-year yields were down at 2.762...Read More
WASHINGTON (Reuters) - U.S. House of Representatives Speaker Paul Ryan, dealing a blow to the Republican Party just months ahead of pivotal congressional elections, said on Wednesday he will not seek re-election to Congress in November and will relinquish his leadership post at the start of 2019.Ryan, who portrayed his decision as one driven by wanting to spend more time with his family, has had a...Read More
Mcx Zinc – BUY Zinc at CMP 211.65 for Target 212.45 – 212.90 with SL below price 210.55. RISK Taker trade 2 lotsAFTER POST CONTENT Read More
(Kitco News) - The gold and silver markets are posting strong gains in late-morning tradingWednesday. Gold scored a seven-week high. Safe-haven demand is featured as U.S.President Trump has signaled via a tweet earlier today that he intends toimplement missile strikes against Syria, adding that there is nothing Russiacan do about it. Trump also tweeted that U.S. relations with Russia are at anall-...Read More