Still no immediate-term buy signal for gold as sideways trend persists.Dollar index refusal to reverse its 6-week trend is the prime culprit.Gold mining stocks also still under control of the sellers.Gold prices were slightly lower on Thursday as the equity market strengthened along with the U.S. dollar index. Gold's brief thrust above its 15-day moving average on Tuesday was ephemeral as there wa...Read More

Amazon.com, Inc. (NASDAQ:AMZN) stock is up 0.8% to trade at $1,564.33, and earlier hit a record high of $1,565.25, afterUBS upped its price target on the e-commerce powerhouse to $1,760 from $1,620. This represents a 12.5% premium from the security's current perch.Amazon stock rode its momentum from 2017 into the new year, already tacking on 33%. The shares have been guided higher by their 10-we...Read More

Editor's Note: Gold and silver have been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy. (Kit...Read More

Editor's Note: Gold and silver have been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy. (K...Read More

LONDON, March 9 (Reuters) - The London Metal Exchange has abandoned plans for a cobalt sulphate contract for the electric vehicle battery supply chain because pricing for the chemical has historically been based on the metal it is derived from, cobalt industry sources said.The exchange is instead looking at offering a cash-settled cobalt metal contract, which will trade alongside its physically de...Read More

ROME (Reuters) - Long divided along economic lines, Italy is now also politically cleft after Sunday’s elections, with the anti-elite 5-Star Movement triumphing in the underdeveloped south and the right predominating in the wealthy north.Whoever ends up governing the country after the inconclusive March 4 ballot will not be able to ignore the gaping chasm, but will face deeply conflicting de...Read More

GOLD (in USD) Bearish breakout. Gold starts declining after reaching 1329. The pair is ready for another leg lower, approaching the 1310 range and hourly support given at 1300 (29/12/2017 low). Hourly resistance remains at 1348 (20/02/2018 high). Expected to show further declining moves. In the long-term, the technical structure suggests that there is a growing upside momentum. A break of 1&...Read More

Shares of Big Lots, Inc. (NYSE:BIG) have plunged 11.8% to trade at $47.51, after the Columbus, Ohio-based discount retailer said same-store sales unexpectedly declined in the fourth quarter. And while the company reported better-than-expected adjusted profit of $2.57 per share for the three-month period, its quarterly revenue of $1.64 billion and full-year per-share profit forecast of $4.75 to $4....Read More

Fiber optics stock Finisar Corporation (NASDAQ:FNSR) has slumped 11.2% out of the gate to trade at $17.95, after the company's fiscal third-quarter earnings report failed to meet expectations. Earnings and revenue for the period both missed estimates, and the company's current-quarter forecast was also lower than expected. As a result, a number of analysts are trimming their outlooks on FNSR share...Read More

Editor's Note: Gold and silver has been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.(Kitco...Read More

Editor's Note: Gold and silver has been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.(Kitco...Read More

BRUSSELS (Reuters) - The European Union expects to be excluded from U.S. steel and aluminum tariffs but will go to the World Trade Organization to impose its own measures if Washington presses ahead, EU officials said on Friday.U.S. President Donald Trump set import tariffs on Thursday of 25 percent on steel and 10 percent on aluminum but exempted Canada and Mexico and offered the possibility of e...Read More

BERLIN (Reuters) - The United States is missing out on a global boom for tourism, hurt by a so-called Trump slump and currency exchange rates, travel industry experts said at a gathering in Berlin this week.While U.S. President Donald Trump maintains that the travel ban blocking visitors from nations including Iran, Libya and Syria is needed to protect the United States from Islamic militants, the...Read More

Coal miner rewards shareholders after Tronox stake saleRead full newsRead More

Shares of department store concern Kohl's Corporation (NYSE:KSS) are moving higher, after Cowen and Company upgraded the stock to "outperform" from "market perform," and raised its price target to $74 from $66 -- territory not seen since May 2015. The brokerage firm waxed optimistic on several "competitive advantages," including Kohl's loyalty program, which it said could be attractive to potent...Read More

Chesapeake Energy Corporation (NYSE:CHK) is up 2.4% to trade at $3.05 this morning, after The Wall Street Journal reported the energy giant has engaged in asset sale talks with Tellurian (TELL).Chesapeake is reportedly seeking to cut $2-3 billion in debt through asset sales, anddiscussions apparently revolved around the company's Louisiana drilling fields. Chesapeake Energy stock has shed 25% ye...Read More

Earlier thisweek, I attended the annual Prospectors & Developers Association of Canada(PDAC) conference in Toronto. It is the premier destination for miningcompanies to mingle with suppliers, customers, potential investors,consultants, and analysts. Not only is this a must-attend event for professionalmining investors such as myself, PDAC can also be a very good gauge of sentimentin the gold s...Read More

Earlier this week, I attended the annual Prospectors & Developers Association of Canada (PDAC) conference in Toronto. It is the premier destination for mining companies to mingle with suppliers, customers, potential investors, consultants, and analysts. Not only is this a must-attend event for professional mining investors such as myself, PDAC can also be a very good gauge of sentiment in the...Read More

DUBLIN, March 9 (Reuters) - The European Central Bank isgetting closer to the limit of its current policy and willcommunicate its next steps as it receives more information aboutthe euro zone economy, governing council board member PhilipLane said on Friday."Obviously in the coming meetings we'll have moreinformation. We are getting closer to the limit of our currentpolicy so we will be commu...Read More

U.S. stock futures are signaling a higher open, as investors react to this morning's staggering jobs data. Specifically, the nonfarm payrolls report for February blew past expectations, with the U.S. economy adding 313,000 jobs during the month. The unemployment rate, meanwhile, remained constant at 4.1%, while a 0.1% monthly rise in wage growth fell short of the forecast.Elsewhere, traders are di...Read More