LONDON (Reuters) - The European Union’s default market access for foreign financial firms will not be eased for Britain after Brexit and improvements to the equivalence regime will apply to all third countries, an EU official told Reuters.The official’s comments raise the prospect that banks and insurers in the City of London financial district will at best face restricted cross-border...Read More

NEW YORK, June 25 (Reuters) - Gold-backed exchange-traded funds (ETF) tracked by Thomson Reuters were headed for their weakest month since July 2017, as investors covered losses in equities, commodities and other markets caused by tariff disputes.Gold, typically seen as a safe store of value during times of geopolitical and economic uncertainty, has failed to profit from recent trade disputes betw...Read More

LONDON, June 26 (Reuters) - Fixed income managers globally expect benchmark U.S. Treasury yields to rise faster than had been anticipated a few months ago, accompanied by rate hikes from the U.S. Federal Reserve, a Russell Investments survey on Tuesday showed.Ten-year U.S. Treasury yields are forecast to rise to 3.28 percent over the next 12 months, a Q2 survey from the asset management firm showe...Read More

(Kitco News) - Gold and silver prices arelower in early U.S. trading Tuesday. Gold hit a six-month low and silver hit a seven-weeklow. Despite the threat of a major world trade war on the horizon, themarketplace is not seeing keen risk aversion-at least not enough to boost thesafe-haven metals. Instead, gold and silver are following their raw commoditycounterparts lower on worries of less world tr...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

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

Gold appears to be in a bottomless pit of selling, and there are no buyers to be found. Even with the equity markets getting pounded on Monday, there were no bids for gold. Either investors feel there is no need for a safety play or the shine has worn off in gold. Since June 15, just when it looked safe to jump into the gold waters, the market collapsed and continues to fall. Apparently, there is...Read More

Gold appears to be in abottomless pit of selling, and there are no buyers to be found. Even with theequity markets getting pounded on Monday, there were no bids for gold. Eitherinvestors feel there is no need for a safety play or the shine has worn off ingold.Since June 15, just when itlooked safe to jump into the gold waters, the market collapsed and continues tofall. Apparently, there is no inte...Read More

'Constructive' talks ongoing as anniversary of US$190B tax bill approachesRead full newsRead More

Anglo American's De Beers, the world's largest rough diamond producer by value, said Tuesday it had sold $575-million worth of gemstones in the fifth sales cycle of this year.The figure represents a 6% increase from the $541m obtained in the same period last year and 3.7% higher than the $554m it sold last month."Sentiment in the diamond industry's mid-stream is positive following the JCK Las Veg...Read More

Big-cap bank stocks are on thin ice as a descending triangle takes shape on the chartsAlmost directly on the heels of a wave of financial media headlines touting the strong prospects for bank stocks as the Fed gradually hikes rates, investors seem to have all but abandoned the sector. The latest Bank of America-Merrill Lynch update on Friday tallied $1.4 billion in outflows for financial stocks ov...Read More

It means the company can now begin limited production, with increased feed to the mill expected in a couple of months.Read full newsRead More

This article is intended for those of you who are at the beginning of your investing journey and want a simplistic look at the return on Highland Gold Mining LimitedRead More...Read full newsRead More

White House deputy chief of staff Joe Hagin tapped his former business partner to plan some of the president's highest-profile overseas events.Read full newsRead More

The death rattle of the industry that once symbolized South Africa can be heard in the town of Carletonville-on Gold Street.That's where Paseka Selemela has been guarding cars since 2010, when the scaffolding business he worked for closed. Prior to that, he was an assistant at a now-shuttered mine owned by AngloGold Ashanti. Nor has he found work in other gold mines around the town, home to the wo...Read More

   •  Fails to benefit from reviving safe-haven demand and escalating US-China trade tensions.   •  Prospects of higher interest rates in the US kept a lid on any meaningful recovery.   •  A modest USD rebound/positive US bond yields add to the downward pressure. Gold remained under some selling pressure for the second straight session on...Read More

The death rattle of the industry that once symbolized South Africa can be heard in the town of Carletonville-on Gold Street.That's where Paseka Selemela has been guarding cars since 2010, when the scaffolding business he worked for closed. Prior to that, he was an assistant at a now-shuttered mine owned by AngloGold Ashanti. Nor has he found work in other gold mines around the town, home to the wo...Read More

The U.S. dollar will likely emerge as a beneficiary of any trade war or attempt to narrow the U.S. trade deficit.Many of the U.S. trading partners are more export oriented and therefore have more to lose from a trade war.Federal Reserve policy and a relatively strong U.S. economy will keep a floor under treasury yields and could propel yields higher thereby denting demand for non-interest bearing...Read More

By Andy HomeCopper has fallen almost nine percent in price over the last couple of weeks.In London three-month copper was this morning struggling to hold the $6,700 level, a chart area last breached in early April.Copper has been caught up in the broader risk-off trade that has accompanied the steady ratcheting up of trade war rhetoric.But the price weakness is also reflecting what is, by copper's...Read More

Canada's Yamana Gold Inc. (TSX: YRI) (NYSE: AUY) said Tuesday it has produced first gold and silver at its Cerro Moro mine, located in Argentina's Santa Cruz province.The Toronto-based miner, which began construction at Cerro Moro in 2015 and poured first dor?(C) last month, expects to finish building the mine this year.The company expects most of Cerro Moro's 2018 production in the second half o...Read More