(Kitco News) - Gold prices continued to rally during after-hours trading on Tuesday, while palladium surged to a record high, as weaker U.S. dollar provided additional support for the precious metals.Spot gold on Kitco.com was last trading at $1,317.20 per ounce, up 1.13% on the day. Spot palladium was at $1,086.00 per ounce, up 3.13% on the day, after almost hitting $1,090 earlier in the session....Read More

(Kitco News) - Gold prices continued to rally during after-hours trading on Tuesday, while palladium surged to a record high, as weaker U.S. dollar provided additional support for the precious metals.Spot gold on Kitco.com was last trading at $1,317.20 per ounce, up 1.13% on the day. Spot palladium was at $1,086.00 per ounce, up 3.13% on the day, after almost hitting $1,090 earlier in the session....Read More

(Adds details on market activity and updates prices to close)* TSX ends up 100.86 points, or 0.62 percent, at 16,309.99* Index posts record-high close* Five of the TSX's 10 main groups end higher* Energy rallies 2.3 percent, materials gains 2.7 percent TORONTO, Jan 2 (Reuters) - Canada's main stock index rose to a record high on Tuesday, the first trading day of the year, as the recent rally in...Read More

Jan 3 (Reuters) - Australian shares are seen edging higher on Wednesday after a quiet entry into the year, with investors expected to take heart from Wall Street's strong start to 2018.Material stocks are likely to buoy the Australian market, riding on a rally in metal prices.The local share price index futures rose 0.1 percent or 8 points to 6,030, a 31.3-point discount to the underlying S&P/...Read More

Jan 3 (Reuters) - Stock MarketsNet ChngStock MarketsNet ChngS&P/ASX 200** 6,061.3-3.8NZX 50**8,398.08 -10.45DJIA**24,797.4477.47 NIKKEI**22,764.94-19.04Nasdaq**6,997.17593.941FTSE**7,648.1-39.67S&P 500** 2,691.50 17.87 Hang Seng** 30,515.31596.16SPI 200 Fut 6,026.00.07STI** 3,430.327.38SSEC**3,349.05241.8799 KOSPI** 2,479.65 12.16------------------------------------------------------------...Read More

Jan 2 (Reuters) - The S&P 500 and the Nasdaq closed at record highs on Tuesday in the first session of the new year as investors were optimistic that 2018 will bring more gains for the market.The Dow Jones Industrial Average rose 104.42 points, or 0.42 percent, to 24,823.64, the S&P 500 gained 22.2 points, or 0.83 percent, to 2,695.81 and the Nasdaq Composite added 103.51 points, or 1.5 pe...Read More

ALL TIMES IN EST/GMT -------------------------------------------------------0700/1200: The USDA issues weekly world rice price.1000/1500: The Commerce Dept. issues Construction Spending for November.No set time: The Association of American Railroads issues Weekly Traffic of Major Railroads.1400/1900: The Federal Open Market Committee issues minutes from its Dec. 12-13 meeting.1630/2130: The Americ...Read More

Shares in TomCo Energy Plc (LON:TOM) dipped 12.5% to 3.5p on Tuesday afternoon after its chief executive and major shareholder Christopher Brown handed in his resignation.Brown - who owns a 19.57% stake in the oilfield developer - wants to step down so he can concentrate on his other business ventures.He has agreed to stay on until his replacement has been found and TomCo said it was in discussion...Read More

* ECB's Coeure sees chance bond buys will not be extended* Wall Street gains add upward pressure on bond yields* U.S. Treasuries gained 2.3 pct in 2017 vs 19.5 pct for S&P 500 By Kate DuguidNEW YORK, Jan 2 (Reuters) - U.S. Treasury yields rose on Tuesday on strong Wall Street gains and in line with European government yields after a European Central Bank official said the ECB's massive bond p...Read More

CMX Gold & Silver Corp. (CSE:CXC; OTC:CXXMF) ('CMX' or the 'Company') announces holders of its secured convertible debentures in the principal amount of $295,641 have agreed to extend the maturity date of the debentures by one year to January 31, 2019.Read full newsRead More

LUSAKA, Jan 2 (Reuters) - A London court has ordered Zambia Vedanta unit KCM to pay a state mining company $139 million in a claim related to the copper price, raising by $36 million the amount it was originally ordered to pay, the state company said on Tuesday.The claim relates to outstanding payments under a 2013 copper price participation settlement agreement between Konkola Copper Mines (KCM)...Read More

TESARO Inc (NASDAQ:TSRO) stumbled to the finish line in 2017, shedding 2% in December alone. To make matters worse, the biotech stock is starting off 2018 reacting to a flurry of bearish analyst attention -- sending the shares even deeper into the red.Piper Jaffray and Cowen and Company both issued price-target cuts to $80 for Tesaro this morning. As such, TSRO stock has dropped 8.8% at last check...Read More

* Dollar pressured by doubts about Fed rate hike outlook* Euro rises as ECB seen normalizing rate policy* Yen rises vs dollar (Adds comment, updates prices)By Gertrude Chavez-DreyfussNEW YORK, Jan 2 (Reuters) - The dollar dropped on Tuesday to its lowest in more than three months, weighed down on the first trading day of 2018 by expectations of a slower pace of interest rate increases by the Feder...Read More

Gold price outlook is as strong it has been in a long time.Gold's latest rally is further solidified by a bullish crude oil price outlook.The return of inflation may serve as gold's biggest driver in 2018. Gold prices soared to three-month highs on the last trading day of 2017 and were on track for their best year since 2010. The late-year rally in gold was fueled by a weaker dollar, short...Read More

Stocks have kicked off 2018 on a high note, with tech shares leading the path higher. Among other names making big moves are pharma stock Abbott Laboratories (NYSE:ABT), biotech Achaogen Inc (NASDAQ:AKAO), and fast casual dining name Chanticleer Holdings Inc (NASDAQ:BURG). Here's a quick look at what's boosting shares of ABT, AKAO, and BURG.ABT Stock Earns a Pair of High-Profile UpgradesAbbott Lab...Read More

George Roach, CEO of Premier African Minerals Ltd (LON:PREM) tells Proactive of plans to float off its Zulu lithium project in Zimbabwe. Premier is approaching its 51% partner in RHA to assist in facilitating a long-term solution for the tungsten project following the loss of a third of its share value. George also tells Proactive how political changes in Zim could bode well for investors.  M...Read More

(Updates share prices, adds analyst comment)By Liz HamptonHOUSTON, Jan 2 (Reuters) - Shares of Weatherford International Plc fell 18 percent on Tuesday after the oilfield services companyabandoned a proposed joint venture with Schlumberger and instead sold its hydraulic fracturing business to Schlumberger, a bigger rival.The deal with Schlumberger, worth $430 million, gave Weatherford roughly $10...Read More

(Corrects headline, first paragraph to show index slightly higher in morning trade, not lower)* TSX up 5.91 points, or 0.04 percent, to 16,215.04* Six of the TSX's 10 main groups move lower TORONTO, Jan 2 (Reuters) - Canada's main stock index was slightly higher in morning trade on Tuesday, with gold miners and marijuana producers pushing higher while financial stocks weighed. * At 10:03 a.m. ET...Read More

Midatech Pharma Plc (LON:MTPH, NASDAQMTP) boss tells us how the company has secured a US$15mln, four-year senior loan facility that will be used to bankroll the clinical development of two promising cancer drug candidates. The funding has come via MidCap Financial, a middle market finance house, and Midtech has drawn down an initial US$7mln of the facility. CEO Jim Phillips tells Proactive what th...Read More

* Dollar starts 2018 on back foot, still boosting gold* Spot gold chart shows overbought conditions-technicals* Palladium hits record after 56 pct rally in 2017 (Updates prices, comment; adds byline, NEW YORK dateline)By Chris Prentice and Jan HarveyNEW YORK/LONDON, Jan 2 (Reuters) - Gold extended its rally into the new year on Tuesday, touching late September highs on a softer U.S. dollar, while...Read More