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

Higher oil prices are not going to do the manufacturing sector any favors, other than in parts of the oil industry itself, and that seems to be being reflected in the markets where prices are under pressure again this morning, Tuesday September 17.For now, the rally on optimism that an interim United States-China trade deal may be forthcoming seems to have been overtaken by concerns over what dama...Read More

Verner, Ont. - Ontario's government is supporting Northern Ontario's agri-food sector by helping farmers improve their land, diversify crops, expand their businesses and create more jobs.Today, Greg Rickford, Minister of Energy, Northern Development and Mines, was joined by Ernie Hardeman, Minister of Agriculture, Food and Rural Affairs, at the International Plowing Match and Rural Expo to announc...Read More

On the night of November 11, 1940, Royal Navy aircraft attacked Italian battleships at anchor in the port of Taranto, Italy. Using 20 fabric-covered biplanes flying at night, the UK dropped bombs including torpedoes. Most failed to explode. The British flyers did manage to hit three battleships in their surprise attack, two of which were returned to service within six months.It was not the Royal...Read More

Seabridge Gold (TSX: SEA, NYSE:SA) is a gold exploration company, designed to provide its shareholders with exceptional leverage to a rising gold price. The Company holds one of the world's largest resource bases of gold, copper and silver, in keeping with its prime objective of growing resource and reserve ownership per share. We learned from Rudi Fronk, Co-Founder, Chairman, and CEO of Seabridge...Read More

With a career spanning four decades in the investment markets, Brien Lundin serves as President and CEO of Jefferson Financial, a highly regarded publisher of market analyses and producer of investment-oriented events. Under the Jefferson Financial umbrella, Lundin publishes and edits Gold Newsletter, a cornerstone of precious metals advisories since 1971. He also hosts the New Orleans Investment...Read More

Buying activity softened further in the export markets for hot-rolled coil and cold-rolled coil (HRC, CRC) from the Commonwealth of Independent States during the week ended Monday September 16, because prices have been falling too fast.Fastmarkets' price assessment for steel HRC, export, fob Black Sea, CIS, was $420-435 per tonne on September 16, down from $430-438 per tonne a week earlier."There...Read More

Here is what's new today on INK Ultra Money.1. When Monetary Policy Isn't Enough - Real VisionChange is coming. Christophe Ollari, founder of Ollari Consulting, predicts that we have seen the peak of monetary easing for this cycle. In its place, Ollari argues that policy will tilt toward a new sort of "Social QE" - involving central banks and governments in Europe, Japan, and the U.S. acting in c...Read More

Here is what's new today on INK Ultra Money.1. Will Dhaliwal, Ginn and Hughes hit the mark with Gatling?- INK ResearchThis morning the INK Top 20 Gold Report is in focus with its theme on stocks with relatively low share counts. One of the stocks making it into the list this month is Gatling Exploration (GTR). INK Research takes a look at the share structure, management team and the latest drilli...Read More

Chinese cold-rolled coil and hot-dipped galvanized coil export prices held steady over the past week amid stable domestic demand, although trading activity remained sluggish in the export markets.Cold rolled coilFastmarkets' weekly price assessment for steel cold-rolled coil export, fob China, was $505-510 per tonne on Tuesday September 17, unchanged from a week earlier.On Tuesday, Liaoning-based...Read More

China's hot-rolled coil prices dropped on Tuesday September 17, tracking a weakening futures market amid slower buying.DomesticEastern China (Shanghai): 3,690-3,700 yuan ($522-523) per tonne, down 20 yuan per tonneNorthern China (Tangshan): 3,600-3,620 yuan per tonne, down 10-20 yuan per tonneHRC futures fell during the day, along with trading activity, which weighed on spot prices, a source in Sh...Read More

Import prices for steel billet in the United Arab Emirates fell this week because of weak demand, and rebar prices were also expected to decline, sources said on Tuesday September 17. Market participants expect new domestic rebar prices to be announced in the near future, Fastmarkets understands. Billet imports Billet was on offer from Oman at about $405-410 per tonne cpt, but no si...Read More

Wire rod price export prices from the Commonwealth of Independent States continued to slide over the past week due to a lack of demand and growing competition with Turkish suppliers. The Turkish steelmakers reduced their export prices last week in attempt to attract customers and, in response, offers from the CIS region -particularly from Russia - dropped to $440-445 per tonne fob Black...Read More

China's domestic rebar prices held steady on Tuesday September 17 amid falling futures and an inactive market. Domestic Eastern China (Shanghai): 3,720-3,750 yuan ($526-530) per tonne, unchangedNorthern China (Beijing): 3,640-3,670 yuan per tonne, unchangedSellers kept their prices flat to wait for more changes in the futures market, sources said.Market participants did not see a clear trend in th...Read More

Ferrous scrap prices in Mexico were stable in Monterrey but started falling in Baj?-o where downward momentum in the United States scrap market has begun to have an impact.In Mexico's central Baj?-o region, Fastmarkets' weekly assessment of steel scrap No1 busheling, consumer buying price, delivered mill Baj?-o, fell to $4,750 pesos per tonne on Tuesday September 17, from 4,900 pesos per tonn...Read More

Turkish steel mills continued to stay away from the deep-sea scrap market on the second working day of the week amid limited demand for finished long steel, sources told Fastmarkets on Tuesday September 17.The latest transaction was a cargo from the United States at the end of last week, which was sold at $240 per tonne cfr for HMS 1&2 (80:20), $245 per tonne for shredded and $250 per to...Read More

Way back in January, I showed you that the price of gold had beaten the S&P 500 Index over a number of different time periods, including the month, quarter, year... and even the century (so far!).Last week it was brought to my attention recently in a tweet by Charlie Bilello, director of research at Pension Partners that the yellow metal has also outperformed arguably the greatest living investo...Read More

By: Avi GilburtSeveral weeks ago, the market was in a precarious posture, and had an opportunity to drop down to my next lower targets between 2600-2700SPX. But, it invalidated the set up to point us down there for now, and began pointing back up towards resistance.As I said in my last article on the SPX several weeks ago:Over the last week, we were giving the S&P 500 an opportunity to prove tha...Read More

By: Ira EpsteinGold should have risen $30-40 off the Saudi attack news. Daily gold chart is not looking so bullish..Read More

Inability of gold and silver to rise yesterday, in my view was just profit taking and nothing else. Most of the traders were long or are long before the FOMC tomorrow. So basically zero effect on intraday price move. However gold and silver have risen in all currencies except the US dollar. Gold prices rose in Indian rupees and other Asian currencies. Another reason to short the US dollar Index...Read More

Seaborne iron ore concentrate prices continued to see narrower discounts last week, while pellet market activity remained lackluster.ConcentrateFastmarkets' weekly index for iron ore 66% Fe concentrate, cfr Qingdao, stood at $99.54 per tonne last Friday September 13, up by $4.48 per tonne week on week.And Fastmarkets' daily index for iron ore 65% Fe Brazil-origin fines, cfr Qingdao,...Read More