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

Oct 26 (Reuters) - U.S. Senate Democrats are now hoping to have a deal on the framework of President Joe Biden's social safety net package by the end of Wednesday, CNN reported on Tuesday. (Reporting by Kanishka Singh in Bengaluru, Editing by Franklin Paul) Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made ev...Read More

Oct 26 (Reuters) - Gains in Tesla, Nvidia and other heavyweight technology names helped the benchmark S&P 500 index scale a record high on Tuesday, while upbeat results from UPS and GE added to optimism around the third-quarter earnings season.Tesla Inc (TSLA.O) rose 1%, extending a record run that helped the electric-car maker surpass $1 trillion in market value on Monday after landing its...Read More

Sylvania, which processes PGMs from chrome tailings at its dump operations in South Africa, reported a 3% quarter-on-quarter drop in production in Q3 to 15,771 of 4E ounces.Read More

Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - Newlox Gold (CSE: LUX)announced Tuesday that its local mining partners have commenced operations atthe historic Boston gold mine in Costa Rica. "The miners have startedactively mining at Boston to esta...Read More

Oct 26, 2021 Guest(s): Lisa Davis CEO, PearTree Securities The ruling federal Liberal party in Canada has so far supported flow-through shares financing, noted PearTree Securities CEO Lisa Davis. Davis spoke to Kitco in mid-October. Flow-through shares are tax-based financing incentive, which are relied upon by the resource sector as a source of funds. "This federal government actually has been...Read More

In the June quarter Morila produced 12,555oz, with the project on its way to becoming a 25,000-50,000oz per quarter producer starting next year.Read More

NEW YORK/LONDON, Oct 26 (Reuters) - Equity markets gained globally on Tuesday, as upbeat corporate earnings continue to buoyWall Street stocks, though investor concerns lingered over supply chain problems sparked by the coronavirus pandemic.Facebook Inc (FB.O) kicked off the earnings season for technology giants by reporting a 17% jump in its third quarter profit on Monday. Alphabet Inc (GOOGL....Read More

An overview of the chrome ore and alloy markets and their latest price moves in Asia, Europe and the United States on Tuesday October 26.Europe The ferro-chrome 0.10% C, average 65-70% Cr, delivered Europe soared to $3.43-3.75 per lb Cr, a rise of 38-50 cents (14%) over the previous two weeks to set a multi-year high. The market has become extremely tight, with some sellers not offering on th...Read More

(Updates prices, adds chart)LONDON, Oct 26 (Reuters) - Sterling rose to 20-month highs against the euro on Tuesday, driven by diverging interest rate expectations for Britain and the euro zone, especially after data showed UK full-time earnings rising by the most since 2008.Money markets are pricing in a rate hike by the Bank of England before the end of the year and expectations of further tighte...Read More

Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - Yellow Cake, a specialistcompany operating in the uranium sector with a view to holding physical uraniumfor the long-term, today announced its intention to conduct a non-pre-emptiveplacing of new ordin...Read More

A summary of Norwegian aluminium and energy company Hydro's third-quarter results.In brief Hydro's third-quarter adjusted earnings before income tax depreciation and amortization (Ebitda) was 7,219 million Norwegian krone ($862 million), compared with 3,100 million krone in the same quarter last year. This was due to higher all-in metal and alumina prices, as well as improved upstream volumes, but...Read More

By Bloomberg macro commentator and analyst Tommi UtoslahtiA global bond market meltdown is only a matter of time. One fine morning, traders will wake up to find all benchmark yields sharply higher, 10 to 20 basis points or more, and no buyers around.Bond price indicators are flashing deep red right now, from decade-high inflation expectations to waning auction demand and whispers of depressed l...Read More

WASHINGTON (Reuters) - Sales of new U.S. single-family homes surged to a six-month high in September, but higher house price are making homeownership less affordable for some first-time buyers.New home sales jumped 14.0% to a seasonally adjusted annual rate of 800,000 units last month, the highest level since March, the Commerce Department said on Tuesday. August's sales pace was revised down to 7...Read More

The seaborne manganese ore market strengthened further in the week to Friday October 22, with sentiment supported by price increases at Chinese ports so far this month that has improved demand despite a recent downward correction of silico-manganese prices.Prices at Chinese ports consolidated their increases, with suppliers citing tighter supply and financial losses they had incurred in the first...Read More

WASHINGTON, Oct 26 (Reuters) - The head of the U.S. Consumer Financial Protection Bureau, Rohit Chopra, will tell lawmakers on Wednesday that agency is the mortgage market and aims to minimize foreclosures of American homeowners, according to his prepared testimony.As he lays out an ambitious agenda before the House Financial Services panel, Chopra will monitor anticompetitive practices and ensure...Read More

Here are five Fastmarkets stories you might have missed on Tuesday October 26 that are worth another look.A decision by the European Union on the future of the bloc's scrap metal export trade, which is worth billions of euros per year, could come as early as December this year, the Bureau...Read More

Oct 26, 2021 Guest(s): James Calaway Executive chair of ioneer In September platinum group metal giant Sibanye-Stillwater (JSE: SSW) (NYSE: SBSW) announced it would joint venture with ioneer (ASX: INR) to develop ioneer's Rhyolite Ridge Lithium-boron project located in Nevada, USA.Executive chair of ioneer, James Calaway, spoke to Kitco mid-October. A definitive feasibility study has already bee...Read More

Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - Osisko Development(TSX.V-ODV) today announced high-grade drilling results from the 2021exploration and category conversion drill program campaign at its Cariboo gold projectin central British Columbia....Read More

BOGOTA, Oct 26 (Reuters) - AngloGold Ashanti Ltd's Quebradona copper project in Colombia will be delayed by theshelving of an environmental permissioning process, a companyspokesperson said on Tuesday.Colombia's environmental licensing authority announced thedecision to shelve the request - rather than accept or reject it- on Monday. The company needs to be officially notified of a decision soit c...Read More

Oct 26 (Reuters) - Chile's Codelco, the world's largestcopper miner, has offered to supply copper to a South Koreancustomer at a premium of $100 a tonne in 2022, two sources withdirect knowledge of the matter said, a 20% rise from this year.The higher rates, paid on top of the London Metal Exchangebenchmark copper price , underscore anticipated strongdemand for the metal as the global economy cont...Read More