BENGALURU, April 26 (Reuters) - Gold prices on Thursday stayed close to five-week lows hit in the previous session, pressured by a stronger dollar, which hovered near more than three-month highs, and a rise in U.S. Treasury yields.FUNDAMENTALS* Spot gold XAU= was little changed at $1,323.34 per ounce at 0101 GMT. The yellow metal on Wednesday hit a low of $1,318.51 an ounce, its lowest since March...Read More

The latest news and price moves to start the Asian day on Friday April 27.The latest news and price moves to start the Asian day on Friday April 27.Base metal prices on the London Metal Exchange steadied at the close of trading on Thursday April 26, while aluminium climbed 1.3% during the afternoon. Read more here in our live futures report.Here is how prices looked at Thursday's close:Europe...Read More

New Gold announced a loss of $0.05 per share in Q1 2018.The company produced only 96,882 toz gold and the AISC climbed to $1,219/toz.The main problem was the Rainy Rivermine that experienced several issues that led to a production of only 39,325 toz gold, at an AISC of $2,447/toz.The management believes that the issues have been solved and the 2018 production and cost guidance will be met.In the n...Read More

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business Reporter West Texas Intermediate crude for June delivery gained 14 cents to $68.19 on the New York Merc, while Brent for June gained 74 cents to $74.74 (all figures in this para U.S.). Western Canadian Select traded at a discount of $18.85 to...Read More

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Will PurcellThe diamond and specialty minerals stocks box score for Thursday was a mediocre 66-81-145. The TSX Venture Exchange fell fractionally to 783 while polished diamond prices gained 0.1 per cent. Hugh Stoyell and Johnny Blizzard's Katanga Mining Ltd. (KAT...Read More

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterNew York spot gold fell $5.70 to $1,316.90 on Thursday. The TSX Venture Exchange fell 0.74 point to 783.05 while the TSX Gold Index added 0.77 point to 191.89 New Gold Inc. (NGD) led Canadian gold miners lower today. It slid 21 cents t...Read More

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterThe TSX Venture Exchange lost a fraction to 783.05 Thursday. Ravinder Mlait has filed a preliminary prospectus to list his first capital pool shell, Brockton Ventures Inc., with a $200,000 initial public offering at 10 cents through Le...Read More

The latest news and price moves to start the Asian day on Friday April 27.The latest news and price moves to start the Asian day on Friday April 27.Base metal prices on the London Metal Exchange steadied at the close of trading on Thursday April 26, while aluminium climbed 1.3% during the afternoon. Read more here in our live futures report.Here is how prices looked at Thursday's close:Europe...Read More

Chilean Finance Minister Felipe Larra?-n and his Mining counterpart Baldo Prokurica said today that the government that came to power in March will ensure state copper giant Codelco receives capital incentives so that it can continue to grow.Following Codelco's annual shareholder meeting, Larra?-n and Prokurica said the new capitalization process and the amount that will be provided have to be def...Read More

Stocks can be classified in two ways: cyclical or defensive, depending on how they react to business cycles. You shouldn't invest in only one of these, as cyclical stocks will sometimes outperform defensive stocks, and sometimes the reverse will happen.Let's look at the best moment to invest in cyclical stocks and the best time to pick defensive stocks.Cyclical stocksAs the name suggests, cyclical...Read More

The gold miners' stocks have mostly been consolidating low this year, exacerbating bearish sentiment. Even with gold grinding higher in a solid uptrend and nearing a major upside breakout, the gold stocks just can't get any love. But that may be about to change, with gold and its miners' stocks in the midst of their spring rally. Strong seasonal tailwinds make May one of the best months of the yea...Read More

Even though easing tensions in the Middle East and the diminished threat of a global trade war have caused gold to soften in recent weeks, investors should still consider bolstering their exposure to the yellow metal. Not only is gold still trading above the psychologically important US$1,300-per-ounce mark, but for a millennium or more, it has been considered to be a tangible and portable store o...Read More

Goldcorp Inc. (TSX:G)(NYSE:GG) just reported Q1 2018 results that came in a bit weaker than analysts expected.Let's take a look at the company as well as the broader situation in the gold market to see if Goldcorp deserves to be on your buy list right now.Financial resultsGoldcorp generated Q1 2017 net earnings of US$67 million, or US$0.08 per share, compared to US$170 million, or US$0.20 per shar...Read More

While gold prices are off their highs of the year, the geopolitical climate remains fraught with tension and risk.In the past, gold prices have followed the tried-and-tested pattern of being inversely related to the U.S. dollar, so if the dollar declined, gold went up; if the dollar strengthened, gold went down.In late 2011, gold prices peaked at close to $1,900 per ounce, as the U.S. dollar fell...Read More

Most people start to invest for their retirement many years before it begins, so they can have enough money to live comfortably during their old age. However, if you want to retire rich, you must choose your stocks carefully, as soon as you began to invest to profit from the compounding of returns.I'll suggest three stocks that are undervalued relative to their growth perspectives. The price of th...Read More

Teck Resources Ltd (TSX:TECK.B)(NYSE:TECK) stock reported another strong quarter earlier this week, giving investors much to be excited about.Strong production, lower costs, and strong liquidity characterize the quarter - well, all that has pretty much characterized Teck for some time now.There are many reasons to invest in base metals stocks these days.One is the supply constraints that have resu...Read More

The gold miners' stocks have mostly been consolidating low this year, exacerbating bearish sentiment. Even with gold grinding higher in a solid uptrend and nearing a major upside breakout, the gold stocks just can't get any love. But that may be about to change, with gold and its miners' stocks in the midst of their spring rally. Strong seasonal tailwinds make May one of the best months of the yea...Read More

An overview of the battery raw materials markets and their price moves from the past week.Read More

The US government's easing of sanctions on Rusal benefits the Russian aluminium producer's employees, US consumers of the metal - and any potential buyers of Oleg Deripaska's shareholding, writes Lord Copper."The Moving Finger writes; and, having writ,Moves on: nor all thy Piety nor WitShall lure it back to cancel half a Line,Nor all thy Tears wash out a Word of it."Well, that's what Omar Kayyam s...Read More

Base metals on the London Metal Exchange ended the week on a downward move at the close of trading on Friday April 27, with both copper and nickel prices falling more than 2%.Copper's three-month price spent most of the day consolidating in positive territory close to the $7,000 per tonne mark. The red metal dipped during the afternoon, with prices falling more than 2% to below $6,800 per ton...Read More