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

RAPAPORT... Revenue at Gem Diamonds rose in the first half of the yearas higher recoveries of large stones boosted the average selling price. Sales jumped 43% to $169.2 million by value and, by volume,climbed 8% to 61,696 carats, the miner reported Friday. Rough diamonds from thecompany's Let??eng mine in Lesotho achieved an average of $2,742 per carat,compared to $2,061 per carat in the same peri...Read More

Imported billet prices in Turkey have gone down this week on subdued demand, while domestic prices went up slightly due to the weakness of the lira, sources said on Thursday August 9....Read More

Turkish rebar and wire rod export prices have gone down over the past week in line with the weak demand and falling imported scrap prices, sources said on Thursday August 9....Read More

The electrification of vehicles and the need to store electricity generated by renewable energy sources - mainly solar and wind - point to huge demand for lithium-ion batteries.The automotive industry's use of lithium-ion batteries is on track to grow ninefold to 650 GWh by 2025 from around 70 GWh in 2017; the increase in energy storage, although from a lower base, will add to this.The use of lith...Read More

Surging investment across the battery raw materials supply chain, stemming from growing demand for electric vehicles, has fueled an increasing appetite for transparent market intelligence.The spotlight is on lithium especially. Battery technology has evolved to a point of investor and exchange interest, with mass consumer adoption on the cards, but the way the material is priced is yet to make suc...Read More

The latest ferro-vanadium and vanadium pentoxide (V2O5) transactions, bids, offers and assessments in Europe, and China....Read More

A strong U.S. dollar has tempered any real upside move in the precious metals markets today. Although traders are currently bidding up the all the precious metals, only silver, platinum and palladium have closed with positive gains. This can very well be explained as the three precious white metals all have intrinsic industrial value, and as such are reacting favorably to recent economic data.Gold...Read More

The latest ferro-vanadium and vanadium pentoxide (V2O5) transactions, bids, offers and assessments in Europe and China....Read More

(Kitco News) - Gold and silver prices are steady to slightly higher in quieter early-afternoon U.S. trading Thursday. Both metals are seeing some stabilization this week after recently notching 12-month lows. December gold futures were last down $0.10 an ounce at $1,220.90. September Comex silver was last up $0.038 at $15.47 an ounce.Gold got a slight boost following this morning’s U.S. prod...Read More

Every day I wake up thinking that we may see a new day for gold, and every day there is disappointment. The trade in gold is a lot like life -- good days, bad days, highs and lows. Like the markets, life never announces what is going to happen next. Gold is in a low period now; every day is a bad day. The action in gold feels like a bottomless pit with no hope that it will ever rally again. Trader...Read More

(Kitco News) - For traders, gold has offered a nice range over the past week. Buying the $1,207 support line and taking profits in the high teens has worked three times in the past week. In the doldrums of summer, it at a minimum keeps you awake. Given that there has been no fundamental change in interest-rate differentials and no flare-up of geopolitical tensions, one would expect the market to b...Read More

Three-month base metals prices on the London Metal Exchange were positively higher in the morning of Thursday August 9, with the complex up an average of 0.4%. Leading the gains was LME copper, up 1.1%, followed by tin (+0.5%), lead and zinc (both up 0.4%). Meanwhile, aluminium is up 0.1%, consolidating after yesterday's strong surge of 3.2% amid industrial action at Alcoa’s Pinjarra alumina...Read More

(Kitco News) - Hecla Mining Co. (NYSE: HL) reported a profitable second quarter Thursday as the cash cost of producing an ounce of silver, after byproduct credits, was in negative territory.The company also revised its production guidance higher to account for the recent acquisition of the Nevada properties from Klondex Mines Ltd.Net income was $11.9 million, or 3 cents per share, compared to a ne...Read More

Royal Gold, Inc. (Nasdaq: RGLD) reports net income of $26.7 million, or 41 cents per share, for its fiscal fourth quarter that ended June 30. Excluding special items, adjusted net income was $27.6 million, or 43 cents per share, up 39% from the prior-year quarter. The company reports a 3% year-on-year increase in gold-equivalent ounces to 89,000. For the fiscal year that ended June 30, Royal Gold...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

NEW YORK (Reuters) - The Federal Reserve provided $100 million of liquidity to foreign central banks in the latest week via its swap lines for foreign central banks, the New York Fed said on Thursday.The European Central Bank swapped $100 million with a term of 6 days and a rate of 2.42 percent.The Federal Reserve has established swap arrangements with the Bank of Canada, the Bank of England, the...Read More

NEW YORK (Reuters) - The S&P 500 was up slightly on Thursday afternoon and again close to a record high on the back of gains in Apple, Amazon and Microsoft.The benchmark index is less than half a percent shy of the record it hit Jan. 26, while the Nasdaq was close to an all-time record as well.The technology sector has been at the center of a sharp recovery in U.S. stocks since a market rout i...Read More

LONDON (Reuters) - European shares edged higher on Thursday as corporate earnings boosted consumer stocks, although worries over China-U.S. trade tensions and new sanctions against Russia kept gains muted.While worries over an escalation in the trade dispute between the U.S. and China dampened market sentiment earlier on, a strong batch of earnings among consumer discretionary stocks helped the ST...Read More

Turkish deep-sea scrap import prices have gone down with the news of a fresh Baltic Sea cargo, despite overall demand still being very weak, sources said on Thursday August 9....Read More

China's ferrous futures were mixed in the morning trading of August 9 on unclear sentiment. Carbon steel and raw materials contracts diverged in price direction....Read More