(Kitco News) - Gold and silver prices were solidly lower in midday U.S. trading Wednesday. A rebound inthe U.S. dollar index at mid-week and an uptick in investor risk appetite todayhad the sellers of the metals in control. April Comex gold futures were lastdown $15.60 an ounce at $1,326.40. May Comex silver was last down $0.276 at$16.265 an ounce.Whileworld stock markets were mostly lower overnig...Read More

(Kitco News) - Gold and silver prices were solidly lower in midday U.S. trading Wednesday. A rebound in the U.S. dollar index at mid-week and an uptick in investor risk appetite today had the sellers of the metals in control. April Comex gold futures were last down $15.60 an ounce at $1,326.40. May Comex silver was last down $0.276 at $16.265 an ounce.While world stock markets were mostly lower ov...Read More

(Kitco News)- While thegold market continues to build bullish momentum, the market still needs one keyingredient that will ultimately drive gold prices through $1,400 an ounce,according to one investment firm.In a recenttelephone interview with Kitco News, Maxwell Gold, head of investment strategyat ETF Securities, said that the market needs to see a resurgence of physicaldemand both in North Amer...Read More

(Kitco News) - While the gold market continues to build bullish momentum, the market still needs one key ingredient that will ultimately drive gold prices through $1,400 an ounce, according to one investment firm.In a recent telephone interview with Kitco News, Maxwell Gold, head of investment strategy at ETF Securities, said that the market needs to see a resurgence of physical demand both in Nor...Read More

NEW YORK (Reuters) - Oil prices fell about 2 percent on Wednesday after data from the Energy Information Administration showed a surprise build in U.S. crude stockpiles.June Brent crude futures LCOc2 were down $1.27 to $68.19 barrel by 11:50 a.m. EDT (1550 GMT), while the May contract LCOc1, which expires on Thursday, fell $1.11, or 1.6 percent, to $69.00 a barrel.West Texas Intermediate (WTI) cru...Read More

WARSAW (Reuters) - Poland signed the largest arms procurement deal in its history on Wednesday, agreeing with the United States to buy Raytheon Co’s (RTN.N) Patriot missile defense system for $4.75 billion in a major step to modernize its forces against a bolder Russia.“It is an extraordinary, historic moment; it is Poland’s introduction into a whole new world of state-of-the-art...Read More

Continued geopolitical worries support gold's safe-haven demand.Dollar weakness and bond fund liquidation also key supporting factors.Recent breakout in T-bond prices reflect increasing safety concerns.Although the gold price pulled back on Tuesday, its most important technical and sentiment factors remained supportive. The U.S. stock market reminded everyone why it's still subject to internal...Read More

UNP shares recently pulled back to a supportive trendlineUnion Pacific Corporation (NYSE:UNP) stock pulled back sharply after hitting a record high of $143.05 on Jan. 24, but found a firm foothold at its 100-day moving average, and has since taken a handful of bounces from here. At last check, UNP was up 0.4% to trade at $131.81, and could be headed even higher, if past is precedent. Per data fr...Read More

Goldman joined the Apple skeptics this morning, warning that iPhone demand expectations for March and June quarters are already weak but early Q1 demand indicatesRead full newsRead More

Lamine Zarrad, CEO of Tokken, tells Proactive Investors the payments application originally created to provide banking services for cash-intensive businesses like the cannabis industry is shifting focus away from weed and toward freelancers.Zarrad says the company has created a new product called Joust -- a payments platform for freelancers with a facilitated insurance platform.The shift is necess...Read More

Aluminium Tips Today – SELL Aluminium at CMP 131 for Target 130.10 – 129.50 with SL Above price 132AFTER POST CONTENT Read More

The blue-chip index jumped out of the gate on solid GDP dataThe Dow Jones Industrial Average (DJI) jumped to a triple-digit lead at the open following a strong reading on fourth-quarter gross domestic product (GDP), while pending home sales also came in better than expected in February. The blue-chip index has since pared these gains -- pressured by sinking tech stocks Intel (INTC) and Apple (AAPL...Read More

Barrick Gold's founder and chairman emeritus, Peter Munk, passed away Wednesday, peacefully and surrounded by his family at the age of 90.Munk, an iconic Canadian entrepreneur and philanthropist, was born in Budapest in 1927. When the Nazis invaded Hungary in 1944, he escaped with his family, ultimately arriving in Toronto in 1948 at the age of 20.Even though he didn't have social connections or a...Read More

WASHINGTON (Reuters) - The U.S. decision to expel 60 alleged spies is unlikely to cripple Russian spying in the United States because others have wormed and hacked their way into American companies, schools, and even the government, current and former U.S. officials said.Moscow’s spy services still use the cover of embassies and consulates, as Washington does. But they also recruit Russian e...Read More

The numbers: Pending-home sales rose 3.1% to 107.5 in February, the National Association of Realtors said Wednesday. Economists had forecast a 3.0% increase. What happened: NAR's index, which tracks real-estate transactions in which a contract has been signed but the transaction hasn't closed, helps foreshadow sales of previously-owned homes. It fell to a more-than three year low in January, an...Read More

(Kitco News)- Commerzbank sees limited potential for platinum prices to recoverin 2018 and looks for a fall in palladium in the second half of the year.Analysts see an “oversupplied” platinum market this year anda smaller deficit in palladium, they said in an outlook report releasedWednesday.Analysts see platinum averaging $925 an ounce in the secondquarter and then $975 in the third a...Read More

(Kitco News) - Commerzbank sees limited potential for platinum prices to recover in 2018 and looks for a fall in palladium in the second half of the year.Analysts see an “oversupplied” platinum market this year and a smaller deficit in palladium, they said in an outlook report released Wednesday.Analysts see platinum averaging $925 an ounce in the second quarter and then $975 in the th...Read More

AMZN shares are sliding on reports President Trump wants to target the companyAmazon.com, Inc. (NASDAQ:AMZN) is trading lower alongside fellow FAANG stocks Apple (AAPL) and Netflix (NFLX) today. The e-tailer is reportedly in the crosshairs of President Donald Trump, and per Axios, the president could be considering shifting the tax structure for e-tailers. This wouldn't be the first time he target...Read More

(Reuters) - A little-known former prosecutor with a doctorate in medieval history will play a central role on U.S. President Donald Trump’s legal team, as many top-tier lawyers shy away from representing him in a probe into Russia’s meddling in the 2016 election.Andrew Ekonomou, 69, is one of a handful of lawyers assisting Jay Sekulow, the main attorney representing Trump in Special C...Read More

NEW YORK (Reuters) - The dollar rose to a six-day high against a basket of major currencies on Wednesday, rebounding further from a five-week low touched the prior session, supported by quarter-end flows into the greenback as investors also shook off fears of a trade war.The dollar index .DXY, which measures the greenback against a basket of six other major currencies, was up 0.47 percent at 89.79...Read More