Investing.com - Gold prices headed higher on Wednesday as the latest tit-for-tat in trade tensions between the U.S. and China caused flight to the safe haven precious medal.Gold futures for June delivery on the Comex division of the New York Mercantile Exchange were last up by $7.20, or around 0.5%, to $1,344.50 a troy ounce at 10:38AM ET (14:38GMT).China's commerce ministry announced Wednesday re...Read More
As the threat of a trade war with China cast a shadow over Wall Street early Wednesday, April 4, the price of gold, which is considered a safe-haven asset, jumped. In morning trading Wednesday, gold futures for June delivery gained 0.72% to $1,346.90 per troy ounce. At the same time, the SPDR Gold Shares ETF (GLD) rose 0.77% to $127.27. The spike in gold prices Wednesday morning came in co...Read More
(Repeats earlier story for wider readership with no change to text. The opinions expressed here are those of the author, a columnist for Reuters.)* GRAPHIC: China's BRI initiative: http://tmsnrt.rs/2njAVmwBy Clyde RussellHONG KONG, April 4 (Reuters) - China's Belt and Road Initiative (BRI) is one of those rare things that virtually everybody seems to have heard about, but equally, very few people...Read More
(The opinions expressed here are those of the author, a columnist for Reuters.)* GRAPHIC: China's BRI initiative: http://tmsnrt.rs/2njAVmwBy Clyde RussellHONG KONG, April 4 (Reuters) - China's Belt and Road Initiative (BRI) is one of those rare things that virtually everybody seems to have heard about, but equally, very few people can actually claim to have a detailed understanding of what it mean...Read More
Investing.com - Gold prices rose to the days highs on Wednesday as safe haven demand for bullion was boosted by escalating trade tensions after China announced countermeasures against the latest U.S. tariffs.Gold futures for June delivery on the Comex division of the New York Mercantile Exchange rose $6.90 or 0.51% to $1,344.10 a troy ounce by 04:02 AM ET (08:02 AM GMT).Worries that protectionist...Read More
On Wednesday gold capitalized on the dramatic drop in US equities, briefly piercing the $1,350 an ounce level only to end the day at breakeven as stock markets staged a remarkable recovery.Year to date gold has gained just under 4% as the metal extends a bull run in place since end-2015. Gold bottomed at a whisker under $1,050 after a four-year slide from all-time highs in 2011 above $1,900.While...Read More
Copper prices have gained around 36% over the past 18 months turning mines that were once loss-making into profit generators.Read More
The latest news and price moves to start the Asian day on Thursday April 5.Base metals prices on the London Metal Exchange dropped throughout the day on Wednesday April 4, with sentiment remaining low after trade tensions between the United States and China escalated. Read more in our live futures report.Here are how prices finished Wednesday afternoon.With a widening differential between Chinese...Read More
Eldorado Gold confirms positive arbitration ruling in Greece.This is a positive catalyst for the company, but the problems are not over.The stock should have more upside once the market realizes how and when Eldorado Gold will be financing the development of the Greek project.This article is an update to my bullish thesis on Eldorado Gold (EGO) outlined in "Eldorado Gold Is Undervalued, First Targ...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business Reporter West Texas Intermediate crude for May delivery lost 14 cents to $63.37 on the New York Merc, while Brent for June lost 10 cents to $68.02 (all figures in this para U.S.). Western Canadian Select last traded at a discount of $23.40 to...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockmarket Business ReporterThe TSX Venture Exchange lost 5.52 points to 763.78 Wednesday. Vince Gasparro and Michael Galego's shell graduate, Cryptoglobal Corp. (CPTO), plans to sell itself to Sean Walsh's private cryptocurrency miner, HyperBlock Technologies C...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterNew York spot gold rose $0.60 to $1,332.80 on Wednesday. The TSX Venture Exchange dropped 5.52 points to 763.78 while the TSX Gold Index fell 1.37 points to 183.83. Most Canadian gold miners lost ground again today. Torex Gold Resource...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Will PurcellThe diamond and specialty minerals stocks box score for Wednesday was a bleak 78-108-125. The TSX Venture Exchange fell five points to 763 while polished diamond prices fell 0.2 per cent. Toby Mayo's Far Resources Ltd. (FAT) fell 1.5 cents to 33 cents...Read More
The latest news and price moves to start the Asian day on Thursday April 5.Base metals prices on the London Metal Exchange dropped throughout the day on Wednesday April 4, with sentiment remaining low after trade tensions between the United States and China escalated. Read more in our live futures report.Here are how prices finished Wednesday afternoon.With a widening differential between Chinese...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Mike CaswellThe Investment Industry Regulatory Organization of Canada has begun a case against Robert Edward Sole, a trader who managed to keep working through an IIROC suspension. IIROC says that Mr. Sole agreed to a one-month suspension in 2016 for a spoofing s...Read More
Researchers at Duke University used silver-coated copper nanowires and silicon rubber to create a new conductive "felt" that can be easily patterned onto fabrics to create flexible wires. The felt carries electricity even when bent, stretched and twisted over and over again. This means that it could be used to embed electronics such as fitness trackers and health monitors into shirts, hats, and sh...Read More
Altamira Gold (TSXV: ALTA) has joined what some are calling a "staking rush" in Brazil's Juruena Belt, located in the western Mato Grosso state.By adding 52,378 hectares and increasing the company's land positioning to over 200,000 hectares in the area, Altamira mimics the strategies advanced by Anglo American (LON: AAL) and Nexa Resources, who acquired over 3 million hectares of claims back in Se...Read More
https://foreignpolicy.com/U.S. coal exports have exploded. Can that continue?President Donald Trump vowed to make U.S. energy dominance a cornerstone of his foreign policy, and, sure enough, the United States this year is producing and exporting record amounts of oil and natural gas.More surprising, though, is the huge resurgence in U.S. exports of coal to countries all over the world, from Argent...Read More
Cameco Corp. (TSX:CCO)(NYSE:CCJ) has been on a downward spiral in the past year with the stock declining nearly 20% in value. A low price of uranium has wreaked havoc on the company's financials and its outlook, forcing Cameco to slash its dividend and cut back production in an effort to push uranium prices up.Let's take a closer look at whether or not the prospects for investing in Cameco have...Read More
The US Nuclear Regulatory Commission (NRC) has renewed its contract with Southwest Research Institute (SwRI) to operate the Center for Nuclear Waste Regulatory Analyses (CNWRA). The five-year contract is valued at up to USD52 million.The contract - which includes a one-year base period and four one-year option periods - provides continuing technical assistance and research support to NRC activitie...Read More