Canada's federal government unveiled this week the final part of its plans to ban the use and sale of asbestos in the country by the end of the year.The regulations, to come into effect on Dec. 30, also prohibit the manufacturing, import, trade and use of most products containing the mineral. However, they do not apply to residues left from mining asbestos, which in Canada include about 800 millio...Read More

Canada's federal government unveiled this week the final part of its plans to ban the use and sale of asbestos in the country by the end of the year.The regulations, to come into effect on Dec. 30, also prohibit the manufacturing, import, trade and use of most products containing the mineral. However, they do not apply to residues left from mining asbestos, which in Canada include about 800 millio...Read More

LONDON (Reuters) - Oil prices rose on Friday on signs of surging demand in China, the world’s second-biggest oil consumer, although the market was heading for a second week of losses on rising U.S. inventories and concern that trade wars were curbing economic activity.Benchmark Brent crude oil LCOc1 was up 70 cents a barrel at $79.99 by 1100 GMT. U.S. light crude CLc1 was 40 cents higher at...Read More

Phil Flynn,senior market analyst with at Price Futures Group, looks for gold to build onits recent gains over the next week. “Geopolitical turmoil and shaky global stockmarkets will keep gold shiny,” he says. “The murder mystery in Saudi Arabia, aswell as EU [European Union] concerns over Italy’s budget, will keep gold buyingstrong.” By “murder mystery,” F...Read More

GENEVA (Reuters) - Disputes over U.S. tariffs and retaliatory moves by other states have sparked 12 requests for adjudication at the World Trade Organization, signalling an escalation in global trade tensions.The agenda for an Oct. 29 meeting of the WTO's dispute settlement body on Friday confirmed the legal moves, which Reuters reported late on Thursday.The dispute procedure begins with a 60-day...Read More

(Reuters) - Schlumberger NV’s (SLB.N) third-quarter profit rose 18.2 percent on higher oilfield services demand and the company said it expects the current pipeline bottlenecks in the Permian basin to be addressed within the next 12 to 18 months.U.S. crude prices CLc1 are up about 40 percent from a year ago, but service companies which help operators drill and finish wells, have seen demand...Read More

PARIS (Reuters) - European Union negotiator Michel Barnier said on Friday a Brexit deal with the United Kingdom was 90 percent done, although there was still a chance no accord would be reached due to ongoing stumbling blocks over the Irish border.“Ninety percent of the accord on the table has been agreed with Britain,” Barnier told France Inter radio.“I’m convinced a deal...Read More

BEIJING (Reuters) - China’s economic growth cooled to its weakest quarterly pace since the global financial crisis, with regulators moving quickly to calm nervous investors as a years-long campaign to tackle debt risks and the trade war with the United States began to bite.Chinese authorities are trying to navigate through numerous challenges, as the trade war fears have sparked a blistering...Read More

US trade tariffs could be a way to make its trade with other countries fairer.Unstable situations in developing countries are catalysts for higher gold prices ahead.Likely that low value jobs are not coming back to the US.SBTV's latest guest is Jayant Bhandari of Anarcho Capital. He brings a fresh perspective to the US trade war with China and insights on the performance of gold in the Third World...Read More

(Kitco News) - Gold prices aremodestly up in early U.S. trading Friday, supported on some safe-haven buyinginterest in a nervous trading environment heading into the weekend. December goldfutures were last up $1.80 an ounce at $1,231.90. December Comex silver waslast up $0.121 at $14.725 an ounce. Don'tbe surprised if trader and investor anxiety upticks as the trading session progressesFriday, hea...Read More

(Kitco News) - Gold prices are modestly up in early U.S. trading Friday, supported on some safe-haven buying interest in a nervous trading environment heading into the weekend. December gold futures were last up $1.80 an ounce at $1,231.90. December Comex silver was last up $0.121 at $14.725 an ounce. Don't be surprised if trader and investor anxiety upticks as the trading session progresses Frida...Read More

LONDON, (Reuters) - - Britain's government recorded a smaller budget deficit than expected in September, according to figures that are likely to cheer finance minister Philip Hammond ahead of his annual budget.The deficit in September stood at 4.123 billion pounds, compared with 4.958 billion pounds a year ago, the Office for National Statistics (ONS) said. A Reuters poll of economists had pointed...Read More

(Reuters) - Honeywell International Inc (HON.N) reported better-than-expected quarterly profit on Friday and lifted its full-year forecasts for cash flow and margins, driven by strong sales of aircraft parts and warehouse automation products.Shares of Honeywell, which makes everything from aircraft engines to catalysts used in petroleum refining, were up 3.2 percent at $160.17 in premarket trading...Read More

LONDON (Reuters) - OPEC is struggling to add barrels to the market after agreeing in June to increase output, an internal document seen by Reuters showed, as an increase in Saudi Arabia was offset by declines in Iran, Venezuela and Angola.The Organization of the Petroleum Exporting Countries and allies agreed in June to boost supply as U.S. President Donald Trump urged producers to offset losses c...Read More

ROME, Oct 19 (Reuters) - Italy’s banking association head said on Friday the growing spread between Italian and German bond yields was worsening the outlook for public accounts and damaging investment prospects for businesses and families.“We hope for a more constructive dialogue between Italian and European authorities to overcome this situation which is damaging the economy,” A...Read More

* Italian 10- and 30-year yields hit four-year highs* Contagion flagged as Portugal, Spain yields rise* Money markets push back ECB rate hike bets* Italy/Germany spread widest in 5 1/2 years* Euro zone periphery govt bond yields tmsnrt.rs/2ii2Bqr (Updates prices)By Abhinav RamnarayanLONDON, Oct 19 (Reuters) - Italian government bond yields hit 4 1/2-year highs on Friday after the European Union...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

WASHINGTON/ANKARA (Reuters) - President Donald Trump said on Thursday he presumes missing Saudi journalist Jamal Khashoggi is dead and that the U.S. response to Saudi Arabia will likely be “very severe” but that he still wanted to get to the bottom of what exactly happened.Turkish police are searching a forest on the outskirts of Istanbul and a city near the Sea of Marmara for the rema...Read More

* Indian dealers offer biggest discounts since mid-June * Moderate buying in other top Asian hubs * Benchmark spot gold prices set for third weekly gain * China premiums at $4-$7/oz; 60 cents to $1.20 in Singapore By Rajendra Jadhav and Vijaykumar VedalaMUMBAI/BENGALURU, Oct 19 (Reuters) - A key festival broughtlittle activity to the physical gold market in India this weekas purchases remained sig...Read More

"NEW: Elephants charge at hunters after they shoot and kill a member of the herd in Namibia.https://t.co/hKkucYMQNn https://t.co/mYG7HE4O7d"Read full newsRead More