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IT WAS the largest and most profitable mine in what they called the "Welsh Gold Rush".Read full newsRead More
While Bitcoin is hogging headlines recently, gold is still as popular as ever. Profit from the trading range in JNUG and GLD.Read full newsRead More
Canadian gold miner Golden Star Resources said on Tuesday two employees died on Dec. 29 after inhaling poisonous gasses at the company's Prestea underground gold mine in Ghana.Read full newsRead More
The Welsh mine that produced the gold for three generations of royal wedding rings is to reopen after nearly 20 years.Read full newsRead More
2017 was a volatile year for auto sales...to say the least. Here's a look at how it all played out.Read full newsRead More
Many critics say canceling it would exploit Tehran's moment of weakness, but supporters warn against playing into clerical leaders' hands.Read full newsRead More
Kitco News' general-interest stories takes a look at what is making headlines in the marketplace and how that is impacting precious metals pricesRead full newsRead More
Jeff Reeves says this year is increasingly shaping up to look like a breakout year for the precious metal.Read full newsRead More
The downfall of the Islamic Republic would boost U.S. interests and global stability.Read full newsRead More
Shenzhen's 16,359 all-electric buses are just the beginning.Read full newsRead More
The oil and gas industry is ringing in the New Year with oil prices trading at two-year highs, an uptick that could tilt the scales in favor of the industry in Louisiana after three years of weathering a major downturn. That doesn't mean there will be a rush to produce in Louisiana. Onlookers say the...Read full newsRead More
CloseGain/LossGold $1314.90-$3.30Silver$17.14-$0.03XAU87.08-1.19%HUI197.35-0.63%GDM660.98-0.75%JSE Gold1338.73+21.37USD92.18+0.32Euro120.12-0.53Yen88.97-0.15Oil$61.63+$1.2610-Year2.440%-0.018T-Bond152.28125+0.53125Dow24922.68+0.40%Nasdaq7065.53+0.84%S&P2713.06+0.64% The Metals: Gold dropped $6.40 to $1311.80 in Asia before it rallied to $1317.80 in London and then fell back to a new sessio...Read More
- Gold posted second straight annual gain in USD in 2017- Gold in 2017: up 13.6% USD, up 2.7% GBP, down 1.4% EUR- 2017 is gold's best year since 29.5% gain in 2010- Strong performance despite rate hikes and stock bubble - India's gold imports surged 67% in 2017, Turkish, Chinese demand strong- Gold finished 2017 with longest rally since June 2016- 2018: Currency War and The Year of the Phoeni...Read More
FOMC minutes and other market moving US economic data releases are there till Friday. US December jobs numbers will positively affect the US dollar only if they indicate an interest rate hike in March. All incoming US economic data releases need to be looked from a March interest rate hike perspective. The US dollar will get another wave knock down if there is any indication of an interest rate...Read More
A new report by BMI research says that refined nickel prices will continue to lose steam in the coming months due to increased supply from Indonesia, subdued demand from China and fading overly-optimistic demand expectations from electric vehicle production."We have kept our nickel price forecast at $10,000/tonne for 2018 and expect prices to head lower over our forecast period from 2017-2021 as t...Read More
A U.S. court has dismissed Canadian gold miner Crystallex's lawsuit against asset transfers by Venezuelan-owned refiner Citgo as part of a long-running dispute over the South American nation's 2008 nationalization of the company's assets.Crystallex International Corp is seeking to collect $1.2 billion plus interest awarded in 2016 by a World Bank tribunal against Venezuela, which Venezuela has ref...Read More
Prince Harry's recent engagement combined with the massive success of Netflix's series The Crown has reignited people's and media's interest in the British monarchy.This is probably why newspapers and news sites around the UK paid special attention this week to the fact that later in 2018 the Clogau St David's mine, located near Bontddu in North Wales, might reopen after two decades of inactivity....Read More
FTSE 100 closes up 23ptsCarillion under investigation by FCANext's Christmas sales sparkleMifid II comes into force todayFTSE 100 closed the day around 23 points higher after a fairly uneventful Wednesday.The UK blue-chip benchmark finished 0.30% to the good at 7,671, while the FTSE 25 was also up - at 20,743 - up around 62 points.Top riser was retail darling Next (LON:NEXT), which soared 6....Read More
Vancouver-based ML Gold Corp.(TSXV: MLG) announced that is has started a winter drilling program on the Stars property, located 40 kilometres south-west of Houston, British Columbia. The company acquired the mine in November from Pacific Empire Minerals Corp. and Divitiae Resources.In a press release, ML Gold informed that it has mobilized a diamond drill rig and drilling is underway. The program...Read More