(Kitco News)- Gold and silver prices are slightly lower in early U.S. trading Monday. The worldmarketplace is quieter to start the trading week, with little risk aversionamong traders and investors. That's a bearish element for the safe-haven goldand silver markets. Gold prices are also seeing a mild corrective pullbackfollowing strong gains Friday that produced a technically bullish weekly highcl...Read More

(Kitco News) - Gold and silver prices are slightly lower in early U.S. trading Monday. The world marketplace is quieter to start the trading week, with little risk aversion among traders and investors. That's a bearish element for the safe-haven gold and silver markets. Gold prices are also seeing a mild corrective pullback following strong gains Friday that produced a technically bullish weekly h...Read More

WASHINGTON (Reuters) - U.S. and Mexican trade negotiators are close to squaring away bilateral differences on the North American Free Trade Agreement (NAFTA) and will resume talks on Monday morning, Mexican Economy Minister Ildefonso Guajardo said on Sunday.Earlier, Guajardo told reporters the two sides were likely "hours" away from reaching a common position, but in the evening he said...Read More

The Ellendale mine produced almost half of the world's supply of rare yellow diamonds during peak production, and was also the main supplier of fancy-yellow diamonds for luxury jewelry retailer Tiffany & Co. (Image courtesy of Government of Western Australia.)The mothballed Ellendale mine in Western Australia, renowned for its fancy yellow diamonds, is officially up for grabs.The state government...Read More

The Ellendale mine produced almost half of the world's supply of rare yellow diamonds during peak production, and was also the main supplier of fancy-yellow diamonds for luxury jewelry retailer Tiffany & Co. (Image courtesy of Government of Western Australia.)The mothballed Ellendale mine in Western Australia, renowned for its fancy yellow diamonds, is officially up for grabs.The state government...Read More

   •  Struggles to build on Friday’s upsurge amid a modest USD rebound.   •  Risk-on mood further weighs on the commodity’s safe-haven appeal. Gold struggled to build on Friday's strong upsurge to two-week tops and was seen consolidating in a narrow trading range at the start of a new trading week.  Comments by the Fed Chair Jerome Powel...Read More

After investors collectively placed the biggest gold short on record, traders have been waiting for the tide to turn - potentially in dramatic fashion. But the rally on Friday may not be the short squeeze the bulls had been waiting for.Bullion futures rebounded as dovish Federal Reserve comments were seen weakening the dollar. But momentum is already showing signs of abating, with holdings in exch...Read More

* Dollar steady, risk appetite up after Powell speech * Mexican peso rises as NAFTA talks seen nearing agreement * Turkish lira slides 3 percent as markets reopen * Graphic: World FX rates in 2018 (Adds quote, updates prices)By Tom FinnLONDON, Aug 27 (Reuters) - The dollar steadied on Monday asrisk sentiment improved following reassuring Federal Reservecomments and signs U.S. and Mexican negotiato...Read More

(Adds background, analyst comments)Aug 27 (Reuters) - China's net gold imports via main conduitHong Kong fell about 45 percent in July from the previous monthamid lacklustre demand, data showed on Monday.Imports via Hong Kong fell to 44.802 tonnes in July from80.867 tonnes in June, according to data from the Hong KongCensus and Statistics Department.Total gold imports via Hong Kong also plunged 45...Read More

Milestone reached nearly a year after China but ahead of the USRead full newsRead More

As rhetoric on global trade ratchets higher, here's a look at what new tariffs have been imposed and what has been threatened this year. Imposer Target Subject Rate Imposed or threatened U.S. China, South Korea and Mexico Washing machines 20%-50% Imposed U.S. Most countries, notably China Solar panels 30% Imposed U.S. Canada Newsprint 22% Imposed U.S. European Union, Canada, Mexico and...Read More

(Adds statement by U.S. Secretary of State)By Stephanie van den Berg and Toby SterlingTHE HAGUE, Aug 27 (Reuters) - Iranian lawyers asked theInternational Court of Justice on Monday to order the UnitedStates to lift sanctions imposed by the Trump administrationagainst Tehran, but Washington described the suit as meritless.At the start of a week of hearings in The Hague, the court'spresident asked...Read More

South Korean steelmaker POSCO has inked a deal to acquire lithium mining rights in Argentina from Australia's Galaxy Resources, in a deal worth $280 million.The deal, said the company, will secure stable lithium supplies for its battery material manufacturing affiliate POSCO ES Materials.Deal gives POSCO a package of mining tenements for 17,500 hectares of land in the northern area of the Salar de...Read More

South Korean steelmaker POSCO has inked a deal to acquire lithium mining rights in Argentina from Australia's Galaxy Resources, in a deal worth $280 million.The deal, said the company, will secure stable lithium supplies for its battery material manufacturing affiliate POSCO ES Materials.Deal gives POSCO a package of mining tenements for 17,500 hectares of land in the northern area of the Salar de...Read More

BEIJING, Aug 27 (Reuters) -* China's Ministry for Industry and Information Technology(MIIT)said on Monday the quota for rare earth smelting and separationin the country had been set at 115,000 tonnes. * The total, set jointly with China's Natural ResourcesMinistry,is up 15 percent from 100,000 tonnes in 2017. * China is the world's top producer of rare earths, a groupof 17elements used in magnets...Read More

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK Canadian Insider Index continued the late week bounce from the week prior, adding 8.5 points last week to close at 1270.90 for a gain of 0.7%.The INK CIN's Relative Strength Indicator continued its climb 6.5 points or 16.4% to close at 46.05, registering an impressive 3...Read More

* Leading bitcoin equipment makers target Hong Kong floats * IPO plans come as chip firms report sharp falls in demand * Bitmain, Canaan and Ebang each targeting IPOs in comingmonthsBy Alun John and JulieZhuHONG KONG, Aug 27 (Reuters) - Three of the world's largestbitcoin mining equipment makers plan to raise billions ofdollars with initial public offerings in Hong Kong, even asother companies rep...Read More

Scottish startup firm, Asteroid Mining Corporation (AMC), is ready to take on the mission of launching the UK's first asteroid mining journey.The company, which unveiled its development plans for the Asteroid Prospecting Satellite One (APS-1) last month, is hoping to raise ?2.3million (roughly $3 million) to build such satellite, and it plans to do so through crowdfunding.It would be the UK's f...Read More

We are now seeing an overwhelming body of evidence coming together to suggest that gold and silver have hit bottom, and that even if they haven't, the bottom is very close and downside risk is very limited. On a more mundane level, the drop in gold and silver prices the recent past is pushing many mines to the brink of becoming economic at a time of an impending supply crunch, a situation that m...Read More

TECHNICAL SCOOPCharts and commentary by David ChapmanPhone: 416-523-5454 Email: david@davidchapman.comdchapman@enrichedinvesting.comTwitter: @Davcha12August 27, 2018 "Turning and turning in the widening gyreThe falcon cannot hear the falconer;Things fall apart; the centre cannot hold;Mere anarchy is loosed upon the world,The blood-dimmed tide is loosed, and everywhereThe ceremony of innocence i...Read More