(Kitco News) - Gold prices aresolidly higher and have hit a nearly three-month high in early U.S. tradingTuesday, boosted by safe-haven demand amid keener geopolitical uncertainty inthe marketplace. December gold futures were last up $17.20 an ounce at $1,241.70.December Comex silver was last up $0.223 at $14.805 an ounce. Buckleyour seat belts today, folks. Global stock markets were mostly lower...Read More
BRUSSELS (Reuters) - Euro zone consumer sentiment rose slightly in October, against expectations of a decline, according to figures released on Tuesday.The European Commission said a flash estimate showed euro zone consumer morale increased to -2.7 points in October from -2.9 points in September. Economists polled by Reuters had on average expected a decline to -3.2 points.In the European Union as...Read More
(Reuters) - Wall Street sank more than 1 percent on Tuesday as disappointing forecasts from industrial bellwethers Caterpillar and 3M piled on to concerns over Saudi Arabia’s diplomatic isolation, Italy’s finances and trade-war fears.All the three major Wall Street indexes were trading below their 200-day moving averages, a key technical indicator of long-term momentum and all 11 major...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average fell Tuesday after earnings disappointed. The S&P 500 declined for the 12th time in 14 sessions.Caterpillar Inc. (CAT) fell 7.6% despite beating third-quarter earnings and revenue estimates.3M Co. (MMM) tumbled 4.4% after third-quarter profit missed expectations and the...Read More
The Tuesday Market Minute Global stocks slump as investors shift focus to slowing economic growth and fading corporate earnings ahead of the busiest week of the third quarter reporting season.U.S. stocks poised for sharp declines, with Dow futures indicating a 380-point opening bell decline, following heavy selling in Europe and Asia.Safe haven currencies, such as the dollar and the yen, hoard g...Read More
BEIJING (Reuters) - Bank of Kunlun Co, the key Chinese conduit for transactions with Iran, is set to halt handling payments from the Islamic Republic under pressure of imminent U.S. sanctions against the country, four sources familiar with the matter told Reuters.Kunlun, the main official channel for money flows between China and Iran, has verbally informed clients that it will stop accepting yuan...Read More
Base metals prices on the London Metal Exchange were broadly lower during morning trading on Tuesday October 23, hampered by broad risk-aversion amid a two-year low in European stock indexes while a firm US dollar index continues to limit price rallies. Topping losses over the morning, the three-month copper price edged back below $6,200 per tonne despite a continued trend of stock outflows and fr...Read More
ANKARA (Reuters) - Turkish President Tayyip Erdogan on Tuesday dismissed attempts by Riyadh to blame Jamal Khashoggi’s “savage” killing on rogue operatives, saying the person who ordered the death of the prominent Saudi journalist must “be brought to account”.In a speech to parliament about a case that has sparked outrage around the globe, Erdogan did not mention Crow...Read More
Vanadium trade log including business, bids and offers reported to Fastmarkets MB.To view the latest price quotations, click the links below:Europe- Ferro-vanadium delivered duty-paid in Europe- Vanadium pentoxide in-warehouse RotterdamChina- Ferro-vanadium, 78% min, fob China, $ per kg V- Vanadium pentoxide, 98% min, fob China, $ per lb V2O5Friday October 19Ferro-vanadium - 10 tonnes sold a...Read More
The price of ferro-vanadium continued to become firmer in the United States and Europe in the week ended Friday October 19, but both of those major markets continued to lag behind the price in the premium Chinese market.A late-week revival in consumer spot market demand in Europe helped to bolster prices for ferro-vanadium in that region.Spot prices for European ferro-vanadium were almost unchange...Read More
Yimou Lee, Idrees Ali, Phil StewartTAIPEI/WASHINGTON (Reuters) - The United States sent two warships through the Taiwan Strait on Monday in the second such operation this year, as the U.S. military increases the frequency of transits through the strategic waterway despite opposition from China.The voyage risks further heightening tensions with China but will likely be viewed in self-ruled Taiwan a...Read More
WASHINGTON (Reuters) - A U.S. withdrawal from a Cold War-era nuclear arms treaty with Russia could give the Pentagon new options to counter Chinese missile advances but experts warn the ensuing arms race could greatly escalate tensions in the Asia-Pacific.U.S. officials have been warning for years that the United States was being put at a disadvantage by China’s development of increasingly s...Read More
Marc JonesLONDON (Reuters) - World shares slid towards their lowest level in a year on Tuesday, as negative drivers from fatigued earnings and Saudi Arabia’s diplomatic isolation to a brewing spat over Italy’s finances piled on the pressure.Wall Street looked set to for another jolt lower when it reopens [.N] but it was heavy selloffs in both Asia and Europe [.SS][.T], which was headin...Read More
The White House is downplaying the murder of this Khashoggi fellow.That's because they know it could lead to another all-out trade war with Saudi Arabia. Or worse.If you're not already familiar with the story, let me bring you up to speed:Jamal Khashoggi was a Saudi journalist and longtime critic of the kingdom's government. His last position was as editor-in-chief of the Al-Arab News Channel, a p...Read More
Troilus Gold Corp. (TSX-V: TLG) is an advanced-stage exploration and early-development company, focused on the mineral expansion and potential mine re-start of the former gold and copper Troilus mine. The 4,700-hectare Troilus property is located Northeast of the Val-d'Or district, within the Frot??t-Evans Greenstone Belt in Quebec, Canada. We learned from Justin Reid, CEO of Troilus Gold Corporat...Read More
Minotaur Exploration Ltd (ASX: MEP) has extensive minerals exploration tenements in South Australia, Queensland and Western Australia. We learned from Andrew Woskett, Managing Director of Minotaur Exploration, that they are a grassroots copper/copper-gold exploration company that relies upon joint ventures to provide working capital. We learned from Mr. Woskett that the company was founded and est...Read More
NA NONG BONG, Thailand (Thomson Reuters Foundation) - They came in the night - about 150 men wearing masks and wielding sticks, knives and guns who swarmed the village of Na Nong Bong in Thailand’s northeastern province of Loei, firing into the air while threatening and beating residents.For several hours, villagers cowered in terror, fearing for their lives as the armed men subdued them and...Read More
The price of ferro-vanadium continued to become firmer in the United States and Europe in the week ended Friday October 19, but both of those major markets continued to lag behind the price in the premium Chinese market.A late-week revival in consumer spot market demand in Europe helped to bolster prices for ferro-vanadium in that region.Spot prices for European ferro-vanadium were almost unchange...Read More
TOKYO (Reuters) - U.S. healthcare conglomerate Johnson & Johnson (JNJ.N) said on Tuesday it will buy all outstanding shares of Japanese skincare firm Ci:z Holdings Co Ltd (4924.T) that it does not already own for 230 billion yen ($2.05 billion) in cash.J&J is betting the deal - which will give it ownership of popular brands such as Dr.Ci:Labo, Labo Labo and Genomer - will help it strengthe...Read More
Weak demand from domestic and export markets pushed the Chinese ferro-silicon market down, while the European market for standard-grade ferro-silicon was unchanged for the fourth consecutive week on Friday October 19, with suppliers holding offer prices despite slow consumer demand. European market cements stability Chinese domestic demand weak, export market follows US market slips on soft...Read More