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
SOUTH UKRAINE NUCLEAR POWER PLANT,UKRAINE - Ukrainian authorities said on Thursday that the first unit of a nuclear power plant was fully loaded with fuel from Westinghouse Electric Co. as Kiev seeks to break its dependence on Russian energy supplies.Ukraine’s nuclear energy monopoly, Energoatom, said that a third unit of the South Ukraine Nuclear Power Plant near the town of Yuzhnoukrainsk...Read More
NEW YORK (Reuters) - U.S. President Donald Trump may not be happy about the strength of the U.S. dollar, but the greenback’s recent rally may partly be a product of his own making.The U.S. dollar has been climbing against major currencies for several months, with the dollar index .DXY up nearly 7.0 percent over the last three months and on Thursday hit a one year high.The dollar has strength...Read More
SAN FRANCISCO (Reuters) - Tariffs are starting to bite big manufacturers and Wall Street could get another bout of caution and uncertainty from major industrial companies when a swath of reports comes in over the next week.Investors are worried about the impact on earnings should the United States’ trade war with China and other major trading partners escalate. Deutsche Bank in June estimate...Read More
The Brazilian spot billet premium dropped 16% versus last month, with spot demand all but dried up in the region. Premiums elsewhere were largely unchanged, with the effect of UC Rusal's exit from the US market already factored into premium levels....Read More
Base metals on the London Metal Exchange were predominantly higher at the close of trading on Friday July 20, closing the week out in positive territory after escalating trade tensions continue to weigh on prices. ...Read More
NEW YORK (Reuters) - The U.S. dollar weakened on Friday against key world currencies as President Donald Trump complained again about its strength, while U.S. and European stock markets were tepid amid fresh tariff talk and another round of corporate earnings.U.S. government bond yields rose as Trump repeated his criticism a day earlier of the Federal Reserve’s policy on raising interest rat...Read More
Last month, an IAEA initiative aimed at secondary school science teachers took off in Indonesia. The aim? To equip teachers to inspire a new generation of nuclear scientists and engineers by engaging students and enhancing their understanding of nuclear science and technology. This is the first time that the IAEA formally engages with the secondary education teaching community.A course for 26 educ...Read More
LONDON (Reuters) - European shares fell on Friday as earnings updates disappointed, with auto stocks bearing the brunt of trade tensions that caused a selloff in the Chinese yuan overnight.As U.S. officials work towards slapping tariffs on car imports, autos shares .SXAP were the biggest fallers, down 2.1 percent.U.S. President Donald Trump said in a CNBC interview he was ready to put tariffs on $...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
At the request of two domestic uranium producers, the US Department of Commerce (DOC) has launched an investigation into whether "the present quantity and circumstances" of uranium imports threatens national security. However, the US nuclear energy industry has warned that a suggested quota on imports would have a significant financial impact on the country's reactor operators.The department said...Read More
Bob Moriarty ArchivesJul 20, 2018I’ve written about bothGroup Ten Metals (PGE-V) and Metallic Minerals (MMG-V) before. I’m going to group the two companies in one piece today for a number of reasons. The companies share management. One, Group Ten, is a platinum/palladium company. The other, Metallic Minerals Corp, is oriented toward silver in the Keno Hill silver district.Inflation is...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
* Trump's comments knock dollar from one-year high * Gold rises 0.6 pct but still down 1 pct this week * Technicals suggest gold to fall further * Silver, palladium on track for big weekly falls (Updates prices; adds comment, second byline, NEW YORK todateline)By Renita D. Young and Peter HobsonNEW YORK/LONDON, July 20 (Reuters) - Gold prices rose onFriday from one-year lows hit the previous day a...Read More
WASHINGTON (Reuters) - U.S. President Donald Trump defended his efforts to build a relationship with Vladimir Putin in an interview broadcast on Friday after he invited the Russian leader for a second meeting in the midst of an uproar over their first.Trump’s administration has sought to control the damage from Monday’s summit in Helsinki, where the president astonished the world and d...Read More
Here Are Three Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average ended near even Friday. General Electric Co. (GE) declined 4.4% as weakness in the company's power unit weighed on second-quarter profit.Microsoft Corp. (MSFT) rose 1.7% after the software giant posted better-than-expected fiscal fourth-quarter earnings as it...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
UNITED NATIONS (Reuters) - U.S. Secretary of State Mike Pompeo told United Nations Security Council envoys on Friday that there needs to be “concrete actions” by North Korea before an easing of sanctions on Pyongyang can be discussed, said Dutch U.N. Ambassador Karel van Oosterom. “The secretary made very clear we need concrete deeds, concrete actions and only then we can start...Read More
SNC-Lavalin and Holtec International group have formed a USA-based joint venture company to work on the accelerated decommissioning of retired nuclear power plants. The new company, Comprehensive Decommissioning International (CDI), is headquartered in Camden, New Jersey.In separate statements yesterday, they said CDI is equipped to cut the total time elapsed to release plant sites for unrestricte...Read More
Key data in the pricing sessions in the week ended Friday July 20. ...Read More
Adam HamiltonArchivesJul 20, 2018 Gold's summer doldrums are dragging on this year, with this asset slumping longer and lower than usual. Several converging factors are responsible. The stronger dollar has convinced gold-futures speculators to sell aggressively, and gold's downside momentum has fed on itself. Investment demand has waned on the resulting weaker gold prices and euphoric near-record-...Read More