Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More

The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More

LONDON, Oct 25 (Reuters) - Facebook (FB.O) will fuel more violent unrest around the world unless it stops its algorithms pushing extreme and divisive content, whistleblower Frances Haugen told the British parliament on Monday.The former employee, who accused the social media giant of putting profit before people at a Senate subcommittee earlier this month, said she was encouraged by British plan...Read More

It's remarkable that just last April, West Texas Intermediate crude was trading at a negative $40. Well, fast forward to today when moments ago, the US black gold grade just topped $85 for the first time since 2014, the landmark in a global energy crunch that has seen prices soar. Brent traded about 150 cents higher as the spread between the two grades has narrowed sharply in recent weeks.Oil...Read More

DUBAI, Oct 25 (Reuters) - HSBC group chief executive Noel Quinn said on Monday the bank has helped clients issue $170 billion worth of green bonds this year.Proceeds from green bonds are typically used on projects to cut greenhouse gas emissions, adapt to climate change, increase energy efficiency or expand the use of renewable energy."This year, alone, we have already helped our customers issue $...Read More

"Our government recognizes the importance and significance of local food sources to our wellbeing and economy," said Greg Rickford, Minister of Northern Development, Mines, Natural Resources and Forestry. "We are providing access to healthy food options for Northerners, and also cultivating business development, diversification and growth in the food industry across Northwestern Ontario."The follo...Read More

(Reuters) - Amazon.com Inc said on Monday it had doubled its container processing capacity and secured more shipping storage from ocean freight carriers to try to overcome supply chain bottlenecks in time for the holiday shopping season.The stop-and-start nature of the COVID-19 pandemic has snarled global supply chains that are optimized for just-in-time movement of goods, while labor and equipmen...Read More

The MARBL Lithium joint venture will restart operations at its Wodgina lithium mine in the Pilbara region of Western Australia in the third quarter of 2022, JV partner Mineral Resources said on Monday October 25.MARBL is 40% owned by Australia's Mineral Resources and 60% owned by United States-listed lithium producer Albemarle.The Wodgina mine was previously put under care and maintenance in Novem...Read More

(Updates prices)Oct 25 (Reuters) - Germany's yield curve steepened on Monday, while Italian bonds outperformed after an unexpected credit rating outlook upgrade.Germany's 30-year government bond yield rose 1 basis point, while short-dated yields fell and its 10-year yield, the benchmark for the euro area, was down 2.5 bps at -0.12% by 1521 GMT , tracking moves in U.S. Treasuries.The biggest move i...Read More

Oct 25 (Reuters) - Ahead of Facebook Inc's (FB.O) financial results on Monday, the social media giant is expected to be hurt more than others in big tech by Apple Inc's (AAPL.O) iPhone privacy changes, investors fear, after Snap Inc (SNAP.N) missed revenue targets last week.The Apple privacy updates, which began rolling out in April and prevent advertisers from tracking iPhone users withou...Read More

Share this article VANCOUVER - Calibre Mining Corp. [CXB-TSX; CXBMF-OTCQX] and Fiore Gold Ltd. [F-TSXV; FIOGF-OTCQB] have signed a definitive agreement for Calibre to acquire all of the issued and outstanding common shares of Fiore.The transaction will create a diversified, Americas-focused, growing mid-tier gold producer with targeted annual gold production of approximately 245,000 ounces. The c...Read More

Spot prices for hot-rolled coil in China were stable on Monday October 25, with thin liquidity and volatile prices keeping buyers in wait-and-see mode, sources told Fastmarkets.DomesticEastern China (Shanghai): 5,550-5,600 yuan ($870-877) per tonne, unchangedThe most-traded HRC contract on the Shanghai Futures Exchange resumed its decline on Monday, finishing the day at 5,180 yuan per tonne, which...Read More

Share this article TORONTO - Argo Gold Inc. [ARQ-CSE; ARBTF-OTCQB; A2ASDS- XFRA, XSTU, XBE] has completed a 17-hole, 2,670-metre drill program at the Northgate area of the Uchi Lake gold project in the Red Lake Gold District, northwest Ontario. The exploration targets at the Uchi Gold Project area continues to be the narrow vein, high-grade gold mineralization a common economic model in the Can...Read More

(Adds comments, updates prices throughout)Oct 25 (Reuters) - Canada's main stock index hit a record high on Monday as energy stocks rose on higher oil prices, but expectations that the Bank of Canada could strike a hawkish note in its upcoming policy announcement kept gains in check.The Canadian energy index jumped more than 2% to lead sectoral gains in early trading after oil prices touched multi...Read More

Oct 25 (Reuters) - PayPal Inc (PYPL.O) is not pursuing an acquisition of Pinterest Inc (PINS.N) at this time, the payments company said late on Sunday, responding to media reports that it was in talks to buy the digital pinboard site for as much as $45 billion.PayPal shares rose 6.2% to $255.20 in premarket trading on Monday, while those of Pinterest fell about 10% to $52.50.Bloomberg News fir...Read More

FRANKFURT, Oct 25 (Reuters) - Tesla's Model 3 topped European car sales in September, marking the first time an electric vehicle has done so in monthly charts, research group JATO Dynamics said on Monday.At 24,591 cars registered, Tesla's Model 3 recorded year-on-year growth of 58%, followed by Renault's (RENA.PA) Clio, Dacia's Sandero and Volkswagen's (VOWG_p.DE) Golf model, JATO said.In the...Read More

The quickest way to get the government to sign off on something is to present it as a profitable opportunity. Such is the case with cannabis, the long-stigmatized plant that has proven to be far less dangerous than the prohibition of it.It's no secret that the war on drugs has been a massive failure. Yet even today, with nearly every state in the U.S. having some kind of cannabis legalization on...Read More

ZURICH (Reuters) -UBS Group has agreed to sell its Spanish wealth management business to Madrid-based Singular Bank, the Swiss bank said on Monday, its second exit from a European market in the past 12 months.UBS said it was selling UBS Gestion to Singular for an undisclosed sum. German newspaper Handelsblatt said Singular Bank will pay UBS between 200 million and 250 million euros ($291 million)...Read More

Oct 25 (Reuters) - Thrasio Holdings Inc, which acquires third-party sellers on Amazon.com Inc, said on Monday it had raised $1 billion in a funding round led by private equity firm Silver Lake. (Reporting by Niket Nishant in Bengaluru; Editing by Vinay Dwivedi) Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has mad...Read More

Very few things are as uniquely frustrating as a bottleneck. Traffic, endless lines at the DMV, and slow service at a restaurant are just a few examples that come to mind. It's not just the slow service that gets me - it's the inefficiency of the system itself. The wide-open roads that flow at a comfortable highway speed only make the inevitable slowdown worse by comparison. Whether it's a poorl...Read More

Oct 25 (Reuters) - Industrial and Commercial Bank of China plans to provide 3 trillion yuan ($470 billion) of financing for the energy sector over the next five years, the country's National Energy Administration (NEA) said on Monday.A strategic cooperation agreement signed by the two entities is partly aimed at helping ensure energy and power supplies in winter and spring, the NEA said in a brief...Read More

Here are five Fastmarkets stories you might have missed on Monday October 25 that are worth another look.Import prices for rebar in Singapore continued to rise in the week to October 25 amid a surging ferrous scrap market upstream.A combination of hurdles to a recovery...Read More