Canadian gold-mining firm Kinross Gold Corp. settled with U.S. authorities over a probe into potential violations of the Foreign Corrupt Practices Act in its West African mining operations.Read full newsRead More
Gold (XAU/USD) risk reversals rise to highest level since Sep. 6, indicate strong bullish bias. A sharp rise in the risk reversals indicates scope for a bullish break in gold. The XAU/USD one-month 25 delta risk reversals (XAU1MRR) are being paid at 1.025 XAU calls vs. 0.525 XAU puts. It indicates the implied volatility premium for XAU calls is now more than those for XAU puts, i.e....Read More
64-hectare property in Ballangen, Norway offers excellent access to renewable hydroelectricityThe Kolos property is located in a natural corridor surrounded by mountainous terrain and water, providing a physical security barrier for the proposed data centre and natural cooling of computing equipm...Read full newsRead More
Here Are 4 Hot Things to Know About Stocks Right Now Stocks on Monday trade higher for the first time in four days.All three major averages closed the day up at least 2.7%, led by the Nasdaq which gained 3.26%. The Dow Jones Industrial Average's close on Friday, March 23, of 23,533 was its lowest since Nov. 22, 2017.The Dow last week declined 5.67%, the S&P 500 dropped 5.95% a...Read More
Investing.com - Gold prices turned lower on Monday, pulling away from five-week highs after reports that the U.S. and China had started negotiations over escalating trade tensions eased fears over a possible all-out trade war.Gold futures for April delivery on the Comex division of the New York Mercantile Exchange were down $4.5 or 0.33% to $1,345.4 a troy ounce by 04:19 AM ET (08:19 GMT).Gold pri...Read More
(Adds company news items, futures)March 26 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 22 points lower at 6,900 on Monday, according to financial bookmakers, with futures FFIc1 0.1 percent lower ahead of the cash market open.* ROLLS-ROYCE: Britain's Rolls-Royce RR.L said its Trent 7000 engines which power the Airbus A330neo jet are not affected by the issues with the Trent 1000 engi...Read More
Global stocks rebounded Monday, pulling European markets higher and lifting U.S. equity futures into the green, following news that White House trade officials agreed to exempt South Korea from steel tariffs and were ready to open dialogue with China in an effort to avert a global trade war that has threatened economic growth and hammered financial markets around the world. Contracts tied t...Read More
The latest news and price moves to start the Asian day on Tuesday March 27.Base metals prices on the London Metal Exchange closed mostly in positive territory on Monday March 26, barring copper and aluminium. Read more in our live futures report.Here are how LME prices looked at Monday's close:London-based metals merchant Concord Resources is eyeing opportunities, including those for physical...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 Monday was a weak 73-100-117. The TSX Venture Exchange fell one point to 816 while polished diamond prices edged lower. Dr. Leon Daniels's Pangolin Diamonds Corp. (PAN) gained one cent to six cen...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 gained $6.60 to $1,353.40 on Monday. The TSX Venture Exchange fell 1.26 points to 816.54 while the TSX Gold Index rose 2.63 points to 190.34. Agnico Eagle Mines Ltd. (AEM) led Canadian gold miners higher today, addin...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 1.26 points to 816.54 Monday. David Patterson and Colin Watt have listed their seventh capital pool shell, Two Owls Ventures Corp.(OWL), with a $400,000 initial public offering at 10 cents. The stock opene...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 Mike CaswellAbida Khan, a California investment adviser serving four years in jail for her part in a scheme run by Vancouver-linked fraudster Ed Durante, has suddenly dropped her appeal. A jury previously convicted her for placing clients of her advisory firm int...Read More
Investing.com - Gold prices turned lower on Monday, pulling away from five-week highs after reports that the U.S. and China had started negotiations over escalating trade tensions eased fears over a possible all-out trade war.Gold futures for April delivery on the Comex division of the New York Mercantile Exchange were down $4.5 or 0.33% to $1,345.4 a troy ounce by 04:19 AM ET (08:19 GMT).Gold pri...Read More
The latest news and price moves to start the Asian day on Tuesday March 27.Base metals prices on the London Metal Exchange closed mostly in positive territory on Monday March 26, barring copper and aluminium. Read more in our live futures report.Here are how LME prices looked at Monday's close:London-based metals merchant Concord Resources is eyeing opportunities, including those for physical...Read More
It is difficult to say when the 'free' gold market came into existence, since there always has been one. Yes, the gold price has been set and fixed by governments for long periods of time throughout history, as part of various types of gold standards. However, gold prices always have fluctuated around those official prices.Setting such nuances aside, the modern gold market was born 50 years ago th...Read More
Scientists from Imperial College London and UCL used a synthetic diamond grown in a nitrogen-rich atmosphere to create a new maser that operates continuously.A maser (microwave amplification by stimulated emission of radiation) is the older, microwave frequency sibling of the laser. It was invented in 1954 and has traditionally been used in deep space communication and radio astronomy.However, ear...Read More
Gold prices are beginning to enter zones that have seen significant resistance for a few years now. Naturally, gold bugs are optimistic that this time, the price will push through and start climbing up to US$1,400 and beyond.One unique stock that will give you exposure to both gold and silver is Wheaton Precious Metals Corp. (TSX:WPM)(NYSE:WPM). For those that don't know, Wheaton is the new name f...Read More
The markets plunged last week, and investors were flocking to hedge against a market downturn. In times of uncertainty, gold is a proven safe haven for investors. This makes sense, as gold and market crashes are negatively correlated. Need proof? From May 10, 2011, to October 3, 2011, the S&P lost 19% of its value, while gold gained 9.4%. During the last financial crisis, the S&P lost 5...Read More
The Oreninc Index fell in the week ending March 23rd, 2018 to 26.70 from an updated 52.33 a week ago as financings once again dried to a trickle.The week was full of news that was generally positive for gold led by the US Federal Reserve's latest monetary policy decision that confirmed the long-expected interest rate increase, but more importantly, the Fed indicated that it will only make three ra...Read More
France has demonstrated a strong commitment to nuclear security, according to the International Atomic Energy Agency (IAEA). The Vienna-based agency carried out a two-week International Physical Protection Advisory Service (IPPAS) follow-up mission at the French government's request.The team completed the mission on 23 March to review the legislative and regulatory framework for nuclear security i...Read More