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

An increase in the latest ferro-chrome tender price has supported the imported charge chrome market and strengthened sentiment among some participants in the chrome ore sector.China's Tsingshan Group announced its tender price for November-delivery high-carbon ferro-chrome at 10,495 yuan ($1,640) per tonne on Friday October 29. This is up by 500 yuan per tonne from its October tender price.The lat...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) - Teck Resources (TSX: TECK.Aand TECK.B, NYSE: TECK) today announced it has committed to the Copper Mark, avoluntary assurance framework to promote responsible production practices anddemonstrate the ind...Read More

A summary of Peru-based metals producer Volcan's production figures and financial results for the third quarter of 2021, as stated in its earnings report published on Tuesday November 2.In brief Volcan's zinc and lead output growth in the quarter was spearheaded by higher mined and treated ore at the Yauli mine, in the Peruvian central Jun?-n region, although this was partially offset by a decreas...Read More

NEW YORK (Reuters) - The Federal Reserve on Wednesday said it will begin trimming its monthly bond purchases in November with plans to end them in 2022, but held to its belief that high inflation would prove 'transitory" and likely not require a fast rise in interest rates.However, the U.S. central bank nodded to global supply difficulties as adding to inflation risks, saying that those factors 'a...Read More

(Reuters) - Federal Reserve Chair Jerome Powell on Wednesday said it is possible the U.S. job market may have improved enough by the middle of next year to be considered at "maximum employment," a key hurdle to clear for the central bank to consider increasing interest rates.Powell, speaking at a press conference after the Fed's latest policy meeting, also said officials did not see "troubling inc...Read More

An overview of the specialty steel raw materials markets in Europe and their latest price moves.Alex Cook, Dalila Ouerghi...Read More

Prices for Japanese bulk shredded scrap have tumbled over the last week amid a drop in intake from a major Japanese blast furnace (BF)-based mill and discounted sales to South Korea.In late September, sources told Fastmarkets that shredded demand at BF-based mills had benefitted greatly from the tight supply of Shindachi prime scrap, but a reduction in shredded purchase volumes in recent weeks has...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) - Today, two companiesannounced that they have executed definitive agreements with a subsidiary ofBarrick Gold, whereby they have granted the right to Barrick to earn-in ontheir projects in the prolific...Read More

Turkish steel producers have continued their deep-sea scrap purchases at fairly stable prices, market participants told Fastmarkets on Wednesday November 3.A steel mill in the Marmara region booked a Baltic Sea cargo of HMS 1&2 (80:20) at $490 per tonne cfr - although the volume was not clear at the time of...Read More

Nov 3 (Reuters) - Sterling edged up on Wednesday but remained within striking distance of an almost three-week low versus the dollar and the euro ahead of crucial central bank policy meetings in Britain and the United States.Investors expect the Federal Reserve to detail plans to end its bond purchases on Wednesday as policymakers shift their focus towards what to do about a surge in inflation. r...Read More

Steel scrap buyers in Taiwan were bearish about the containerized scrap market, expecting to book cargoes at lower prices in the short term, market sources told Fastmarkets on Wednesday November 3. Taiwan secures lower-priced cargoesVietnam reports lower offersChina prices continue downtrend amid bearish sentiment in local marketTaiwanTaiwanese buyers have secured containerized heavy melting scrap...Read More

Nov 03, 2021 Guest(s): Sean Thijsse Group Head of Corporate Finance at Pallinghurst Group. To meet anticipated battery material demand, Sean Thijsse at Pallinghurst Group has seen multiples as high as 20-times current demand for graphite, nickel and cobalt; and lithium with multiples as high as 40-times current demand.Thijsse is Group Head of Corporate Finance at Pallinghurst Group. He spoke to...Read More

Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were up across the board on Wednesday November 3, suggesting dips are once again finding support. The European Union's manufacturing purchasing managers' index (PMI) out on Tuesday at 58.3, while slightly weaker than September's 58.5, still showed strong expansion, which will be helping to counter the slowdown in China.U...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) - Today, Torex Gold Resources(TSX: TXG) reported that the company produced 111,229 ounces of gold in Q32021, a 16% decrease compared to 131,790 ounces produced a year ago.The company said it sold118,989...Read More

WASHINGTON, Nov 3 (Reuters) - The Federal Reserve on Wednesday said it will begin trimming its monthly bond purchases in November with plans to end them in 2022, but held to its belief that high inflation would prove "transitory" and likely not require a fast rise in interest rates.However, the U.S. central bank nodded to global supply difficulties as adding to inflation risks, saying that those f...Read More

Gold bullion1 regained some ground in October, climbing 1.50% for the month. Gold, however, remains underwater at -6.06% YTD through October 31, 2021. Gold mining equities3 also rebounded in October, up 8.15%, but are down 11.35% YTD as of October 31. Silver2 gained ground in October (7.81%) but is down 9.47% YTD. Month of October 2021Indicator10/31/20219/30/2021ChangeMo % ChgYTD % ChgAnalys...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) - Eros Resources (TSXV: ERC)announced Wednesday that it has received a Water Pollution Control Permit(WPCP) from the Nevada Bureau of Mining Regulation and Reclamation for the BellMountain gold and silve...Read More

GOLD / SILVERThebroad market environment today favors the bear camp in gold and silver, withthe negative economic comments from China pressuring many commodities.Apparently, China's Premier has warned of new downward pressures on the Chineseeconomy which some economists suggest could be the result of China fightinginflation by restricting output and potentially reducing commodity demand. Notsurpri...Read More

WASHINGTON, Nov 3 (Reuters) - The U.S. Securities and Exchange Commission (SEC) published on Wednesday new staff bulletins outlining how the agency will allow listed companies to exclude a shareholder proposal from corporate ballots.The new publications by the staff of the securities watchdog replaces Trump-era guidance that demanded companies take more steps to disclose how they craft their share...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) - According to a report by theChilean state copper commission Cochilco released today, the domestic copperproduction in September 2021 was 447,400 tonnes, a decline of 7% compared to 479,800tonnes mined...Read More