(Adds details of release, background)OTTAWA, Jan 5 (Reuters) - The Canadian economy added almost 80,000 jobs for the second month in a row in December on a surge in part-time employment, and the jobless rate dipped to a 41-year low of 5.7 percent, Statistics Canada said on Friday.The gain of 78,600 positions far exceeded the expectations of analysts, who in a Reuters poll had forecast a modest ga...Read More

(Kitco News)- The gold market has pushed higher following a drop in momentum in the labor market in the final month of 2017.Friday, The Bureau of Labor Statistics said 148,000 jobs were created in December. Economists were expecting to seejob gains of 190,000.At the same time, the unemployment rate held steady at 4.1%, which was in line with expectations.Not only was the headline data disappointin...Read More

Jan 5 (Reuters) - U.S. stock futures trimmed gains on Friday after December payrolls data showed that U.S. job growth slowed more than expected amid a decline in retail employment. At 8:30 a.m. ET, Dow e-minis were up 76 points, or 0.3 percent, with 18,620 contracts changing hands. S&P 500 e-minis were up 7 points, or 0.26 percent, with 114,397 contracts traded. Nasdaq 100 e-minis were up 25.5...Read More

(Kitco News) - The gold market has pushed higher following a drop in momentum in the labor market in the final month of 2017.Friday, The Bureau of Labor Statistics said 148,000 jobs were created in December. Economists were expecting to see job gains of 190,000.At the same time, the unemployment rate held steady at 4.1%, which was in line with expectations.Not only was the headline data disappoint...Read More

NEW YORK, Jan 5 (Reuters) - The dollar trimmed gains against the yen and turned negative versus the euro on Friday after data showed the U.S. economy created fewer jobs than expected in December.U.S. nonfarm payrolls increased by just 148,000 jobs last month, the Labor Department said on Friday. Economists were forecasting a jobs gain of 190,000. Employment data for October and November data were...Read More

Jan 5 (Reuters) - U.S. short-term interest-rate futures rose slightly on Friday after a U.S. government report showed U.S. employers added fewer jobs than expected last month, but traders overall stuck to their conviction the Federal Reserve will raise rates two times this year. Traders continued to heavily price in a March rate hike, giving it about a 76 percent chance based on a Reuters analysis...Read More

Mr. Adam Travis reportsCOLORADO ANNOUNCES RESULTS OF THE 2017 FIELD PROGRAM ON THE KINASKAN-CASTLE PROPERTY Colorado Resources Ltd. has provided the results of its fall 2017 rock, soil and geophysical programs completed at the Castle target on its 100-per-cent-owned 17,839-hectare Kinaskan-Castle (K-C) property. The Castle portion of the property was acquired by Colorado in February, 2017 (see new...Read More

Mr. Adam Travis reportsCOLORADO ANNOUNCES RESULTS OF THE 2017 FIELD PROGRAM ON THE KINASKAN-CASTLE PROPERTY Colorado Resources Ltd. has provided the results of its fall 2017 rock, soil and geophysical programs completed at the Castle target on its 100-per-cent-owned 17,839-hectare Kinaskan-Castle (K-C) property. The Castle portion of the property was acquired by Colorado in February, 2017 (see new...Read More

Gold has been underpinned by buying that has occurred onpullbacks, while some caution may in order on palladium as this metal remainsat historically high prices, says Alex Thorndike, senior precious-metals dealerwith MKS (Switzerland) S.A.  ComexFebruary gold topped $1,300 on the final day of 2017 and hasremained above this so far in 2018. “The support for the gold continues to eme...Read More

SAO PAULO, Jan 5 (Reuters) - Auto production in Brazil tumbled 14.2 percent in December from the previous month, though new car sales rose 4.1 percent in monthly terms, industry group Anfavea said on Friday, as Brazil's automaking recovery proved volatile.Auto production rose 6.9 percent in December from the same month the year before. Production in 2017 overall jumped 25.2 percent from the previo...Read More

Something tells me thereare some underlying problems in the equity markets based on the way that goldis trading. Gold and silver, which had major breakdowns three weeks ago, havegone up almost every day since. We had turned short-term bearish whilemaintaining our long-term bullish posture. That positioning has not worked outwell and has been rather painful, with gold rallying about $90 from the bo...Read More

Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More

Something tells me there are some underlying problems in the equity markets based on the way that gold is trading. Gold and silver, which had major breakdowns three weeks ago, have gone up almost every day since. We had turned short-term bearish while maintaining our long-term bullish posture. That positioning has not worked out well and has been rather painful, with gold rallying about $90 from t...Read More

* Dollar struggles despite strong ISM, ADP data* Graphic: World FX rates in 2017 By Saikat ChatterjeeLONDON, Jan 5 (Reuters) - The euro held near four-month highs on Friday as euro zone inflation data printed modestly, in line with forecasts.Sentiment remained bullish, however, with some investors betting the ECB may have to start withdrawing its stimulus policies earlier than expected as the bloc...Read More

By Marc JonesLONDON, Jan 5 (Reuters) - The powerful rally in global stocks and other markets is likely to persist until higher borrowing costs and a stronger dollar force investors to back off, Bank of America Merrill-Lynch's analysts said on Friday.The U.S. investment bank's weekly round-up of financial market flow tracking data showed $10.1 billion had exited U.S. stocks in the biggest move in m...Read More

* Futures up: Dow 84 pts, S&P 8 pts, Nasdaq 24.5 pts By Sruthi ShankarJan 5 (Reuters) - Futures pointed to a higher open on Wall Street on Friday as U.S. stocks looked set to extend a new year rally that has pushed indexes to record levels on signs of robust growth across major economies.Investors are awaiting the December U.S. payrolls numbers later on Friday. The data is expected to show em...Read More

* World stocks hit fresh highs* Investors prepare for U.S. employment data* Dollar stuck near four month low vs euro* Oil slips from recent highs* Graphic: World FX rates in 2018 By Tommy WilkesLONDON, Jan 5 (Reuters) - World stocks scaled fresh record highs on Friday, while the dollar stuck near four-month lows before crucial payroll numbers that could underpin growing confidence in the world's b...Read More

   •  An uptick in US bond yields prompts some profit taking.   •  Risk-on mood/modest USD rebound adds to the pressure.   •  All set for the fourth consecutive week of gains; focus remains on NFP. Gold prices edged lower on Friday and eroded part of previous session's sharp up-move to fresh 3-1/2 month highs. Spot gold retreated belo...Read More

* New chair faces navigating watchdog through Brexit (Adds reaction, background)By Huw JonesLONDON, Jan 5 (Reuters) - Charles Randell, an ex-lawyer who advised the British government during the financial crisis, has been appointed chair of Britain's Financial Conduct Authority, the finance ministry said on Friday.Randell, formerly a partner at international law firm Slaughter & May, will face...Read More

BERLIN, Jan 5 (Reuters) - Western European car registrations fell 5.2 percent in December which had two fewer selling days than a year earlier, leading four of the region's five main markets including Germany and France into the red, data compiled by LMC Automotive showed.Registrations declined to 1.03 million passenger cars from 1.09 million a year earlier, the consulting firm said on Friday. Its...Read More