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

Scottish businessman, Neil Mitchell has waged a long battle for justice for UK victims of RBS, the UK taxpayer owned bank that was found to have forced viable businesses into bankruptcy.Mitchell suspects the bank may have also practiced such tactics in America and he tells the Keiser Report about this and how he is taking his case across the Atlantic.The British government did not want reports...Read More

With the first half of 2018 now behind us, it’s an opportune time to look at whats been happening in the Chinese Gold Market. As a reminder, China is the largest gold producer in the world, the largest gold importer in the world, and China’s Shanghai Gold Exchange is the largest physical gold exchange in the world.For various reasons such as cross-border trade rules, VAT rules and de...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

Gold remains under pressure after commentsabout the economy this week from Federal Reserve Chairman Jerome Powell sustained expectationsfor another U.S. interest-rate increase in September, says commoditiesbrokerage SP Angel. As of 8 a.m. EDT, Comex August gold was $12.30 lower to$1,215.60 an ounce and bottomed at $1,214.40, its weakest level in more than ayear. SP Angel cites comments from Powell...Read More

NEW YORK (Reuters) - The U.S. dollar hit a year high on Thursday against a basket of major currencies, but copper prices tumbled and major world stock markets pulled back amid concerns over China’s economy and continued global trade tensions.Wall Street’s main equity indexes fell as investors also responded to a raft of corporate earnings and news the European Union may retaliate if Un...Read More

Turkish steel mills skipped Thursday July 19, with no deep-sea scrap bookings reported after the buying spree on Wednesday, when three cargoes totaling around 115,000 tonnes were booked....Read More

With the first half of 2018 now behind us, it’s an opportune time to look at whats been happening in the Chinese Gold Market. As a reminder, China is the largest gold producer in the world, the largest gold importer in the world, and China’s Shanghai Gold Exchange is the largest physical gold exchange in the world.For various reasons such as cross-border trade rules, VAT rules and de...Read More

(Kitco News) - Gold and silver prices are down and have hit new 12-month lows in early U.S. tradingThursday. A resurgent U.S. dollar index this week, which hit a 12-month highovernight, and slumping crude oil prices are bearish outside market elementsfor the precious metals markets. The technical postures for gold and silver arealso fully bearish, which is inviting the chart-based sellers. August...Read More

LONDON (Reuters) - The global trade war kicking off between the United States and China will not trigger a spate of credit rating downgrades, Fitch’s top sovereign analyst says, but the dollar’s growing strength could.The recent imposition of tariffs between the world’s two largest economies and the threat they could reach $200 billion means a trade war has gone from “a ris...Read More

(Reuters) - U.S. Homeland Security Secretary Kirstjen Nielsen on Thursday said the United States needed to be prepared for an attempt by Russia to interfere in elections in all 50 U.S. states this year, adding that there was no question Moscow interfered in the 2016 U.S. presidential contest.President Donald Trump this week has struggled to quiet an uproar over his failure to confront Russian Pres...Read More

The MGX Minerals Driftwood Creek magnesium project in southeastern British Columbia. Source: MGX Minerals Inc.MGX Minerals Inc. [XMG-CSE] said Wednesday July 18 that it has completed a geotechnical drilling program at its Driftwood Creek magnesium project in southeastern British Columbia.MGX Minerals is a diversified resource company that is focused on the development of large-scale industrial min...Read More

LONDON (Reuters) - The dollar climbed to a one-year high but stocks wobbled and metal markets buckled badly on Thursday, as signs that China was resorting to credit-fuelled stimulus again helped drive down its currency.Asian shares had struggled following the moves and most of Europe was in the red as traders there banked some of the gains that had hoisted the STOXX 600, DAX and France’s CAC...Read More

OTTAWA (Reuters) - Canada on Thursday played down U.S. President Donald Trump’s suggestion that he might seek separate trade deals with NAFTA partners Canada and Mexico, noting he has made similar comments before.Trump said on Wednesday the United States might hammer out a trade deal with Mexico, and then do a separate one with Canada later. Talks to modernize the North American Free Trade A...Read More

A selection of rough diamonds from Peregrine's Chidliak diamond project in Nunavut, northern Canada. Source: Peregrine Diamonds Ltd.Peregrine Diamonds Ltd. [PGD-TSX] said Thursday July 19 that it has agreed to be taken over by De Beers Canada Inc. in a $107 million all-cash plan of arrangement deal, worth 24 cents a share.Peregine's key asset is the Chidliak Project, located in the Canadian Territ...Read More

WASHINGTON (Reuters) - Commerce Secretary Wilbur Ross said Thursday it was “too early” to say if the United States would impose tariffs of up to 25 percent on imported cars and parts, a suggestion that has been met with harsh criticism from the industry.The department opened an investigation in May into whether imported autos and parts pose a national security risk and was holding a he...Read More

* Dollar holds firm after Fed Chairman's testimonies * Palladium touches near one-year low * GRAPHIC-2018 asset returns: (Updates prices)By Zandi ShabalalaLONDON, July 19 (Reuters) - Gold sank to a one-year low onThursday as the dollar powered higher after comments from U.S.Federal Reserve chairman Jerome Powell which reaffirmedexpectations for more interest rate rises in the world's largesteconom...Read More

(Kitco News) - U.S. initial weekly jobless claims fell by 8,000 to 207,000in the week to Saturday, the lowest level since 1969, the government saidThursday. The tally was below expectations of economists. Consensus forecasts compiled by various news organizations hadcalled for initial claims to be around 220,000 to 224,000. The Labor Departmentrevised the prior week's tally to 215,000 from th...Read More

Comex copper prices were again under considerable pressure with no movement in the ongoing trade war and a stronger dollar combining to weigh on the base metals complex....Read More

Ontario has nominated Thomas D. (Tom) Woods as the first of its four nominees for the new Board of Directors at Hydro One.Mr. Woods has extensive experience in governance, banking and finance. He is a Board Member of Bank of America Corporation, Alberta Investment Management Corporation (AIMCo), Providence St. Joseph's St. Michael's Health Care (Board Chair) and CIBC Children's Foundation. Mr. Woo...Read More

Three-month base metals prices on the London Metal Exchange were down across the board by an average of 1% on the morning of Thursday July 19. Losses were ranged between a 0.1% drop for aluminium and a 2% fall for zinc. The three-month copper price was down by 0.8% at $6,129 per tonne.Volume has been above average with 9,737 lots traded across the complex as at 7.22am London time.This follows a ge...Read More