April 5 (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index on Thursday, tracking gains in global equities as concerns over trade tensions between the U.S. and China receded.June futures on the S&P TSX index were up 0.18 percent at 7:15 a.m. ET.Canadian trade report for February is scheduled at 8:30 a.m. ET and is expected to show the trade deficit widened to C$...Read More

MEXICO CITY (Reuters) - Mexico, Canada and the United States are exploring alternative proposals on rules of origin for autos, a key sticking point in the talks to update the North American Free Trade Agreement (NAFTA), a Mexican source said on Wednesday.U.S. President Donald Trump’s negotiators have demanded that the North American content of vehicles made in NAFTA nations increase to 85 pe...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

Editor's Note: Updating earlier story with more details from report.(Kitco News) - Gold prices maintained overnight losses after a Labor Department report Thursday showedthat initial weekly U.S. jobless claims rose by 24,000 to a seasonallyadjusted 242,000 in the week to Saturday. Consensusexpectations compiled by various news organizations called for initial claimsto be around 225,000 to 230...Read More

LONDON (Reuters) - The dollar rose to a two-week high against a basket of major currencies on Thursday, encouraged by a rebound on Wall Street and signs the United States may negotiate a resolution to a trade dispute with China.Beijing on Wednesday imposed tariffs on key U.S. imports including soybeans, planes, cars, beef and chemicals in response to similar measures from the United States.That pr...Read More

(Kitco News) - Safe-havengold prices are moderately lower in early U.S. trading Thursday, as the worldmarketplace has quickly returned to a more robust risk appetite. June Comex gold futures were last down $10.60 an ounce at $1,329.50. May Comex silver waslast up $0.021 at $16.275 an ounce.Worldstock markets were mostly higher overnight. U.S. stock indexes are also pointedtoward higher openings wh...Read More

Mr. Jeff Pontius reportsCORVUS GOLD EXPANDS DEPOSIT TO THE NORTH & WEST, RETURNS WITHIN SAME HOLE, 53.3 METRES @ 1.9 G/T GOLD & 41.2 METRES @ 1.52 G/T GOLD, MOTHER LODE PROJECT, NEVADACorvus Gold Inc. has received results from three stepout holes in the northwest quadrant of the Mother Lode deposit. Assay results returned encouraging intercepts showing continued expansion of the Mother Lod...Read More

Mr. Jeff Pontius reportsCORVUS GOLD EXPANDS DEPOSIT TO THE NORTH & WEST, RETURNS WITHIN SAME HOLE, 53.3 METRES @ 1.9 G/T GOLD & 41.2 METRES @ 1.52 G/T GOLD, MOTHER LODE PROJECT, NEVADACorvus Gold Inc. has received results from three stepout holes in the northwest quadrant of the Mother Lode deposit. Assay results returned encouraging intercepts showing continued expansion of the Mother Lod...Read More

TD Securities sees potential for a silverrally in 2018. “Silver continues to underperform gold, weighed down by itsindustrial characteristics amid growing trade-war fears, with silver specs [inthe futures market] printing the most bearish net position on record,” TDSsays. “However, given that we remain skeptical on the prospects of a full-blowntrade war materializing, and expect...Read More

TD Securities sees potential for a silver rally in 2018. “Silver continues to underperform gold, weighed down by its industrial characteristics amid growing trade-war fears, with silver specs [in the futures market] printing the most bearish net position on record,” TDS says. “However, given that we remain skeptical on the prospects of a full-blown trade war materializing, and ex...Read More

LONDON (Reuters) - Heavy snow slowed activity in Europe’s dominant service industry last month but with growth still relatively strong, policy expectations for the European Central Bank and Bank of England are unlikely to change.Businesses across the euro zone ended the first quarter with their weakest expansion since the start of 2017 as bad weather and a strong currency combined to curb gr...Read More

Mr. Chris Taylor reportsGREAT BEAR PROVIDES DRILLING UPDATE FOR DIXIE LAKE GOLD PROJECT, RED LAKE DISTRICT, ONTARIOGreat Bear Resources Ltd. has provided an update on phase 2 drilling at its Dixie Lake gold project, located in the Red Lake district of Ontario.Drilling commenced on March 14, 2018, and is continuing.Seven drill holes have been completed at this time, while an estimated eight holes r...Read More

Mr. Chris Taylor reportsGREAT BEAR PROVIDES DRILLING UPDATE FOR DIXIE LAKE GOLD PROJECT, RED LAKE DISTRICT, ONTARIOGreat Bear Resources Ltd. has provided an update on phase 2 drilling at its Dixie Lake gold project, located in the Red Lake district of Ontario.Drilling commenced on March 14, 2018, and is continuing.Seven drill holes have been completed at this time, while an estimated eight holes r...Read More

WASHINGTON (Reuters) - The United States plans to sanction Russian oligarchs this week under a law targeting Moscow for meddling in the 2016 U.S. election, sources familiar with the matter said on Wednesday, in what could be the most aggressive move so far against Russia’s business elite.The action, which could affect people close to President Vladimir Putin, reflects Washington’s desi...Read More

BEIJING (Reuters) - China has never surrendered to external pressure and it will win any trade war with the United States, the nation’s state media stressed in a series of editorials and columns in the hours after the world’s two top economies targeted each other with steep tariffs.While China’a Ambassador to the United States Cui Tiankai stressed in comments to reporters in Wash...Read More

MONTREAL/SINGAPORE (Reuters) - China’s plan to slap tariffs on some U.S.-made planes will hit demand for Gulfstream and Boeing business jets but benefit Canada’s Bombardier (BBDb.TO) and other rivals seeking a larger share of Asia’s biggest market, jet brokers and analysts said.China’s Ministry of Commerce announced plans on Wednesday to place a 25 percent tariff on U.S. ai...Read More

(Kitco News) - Global gold-backed exchange-traded funds (ETFs) added 22.5tonnes of gold during March, with the majority of inflows coming from NorthAmerica, the World Gold Council (WGC) reported Thursday.The inflow in March was a significant increase compared tothe previous month’s net change in holdings, which slipped by 5.1 tonnes. According to a monthly report on ETF fund flows by the WGC...Read More

(Kitco News) - Global gold-backed exchange-traded funds (ETFs) added 22.5 tonnes of gold during March, with the majority of inflows coming from North America, the World Gold Council (WGC) reported Thursday. The inflow in March was a significant increase compared to the previous month’s net change in holdings, which slipped by 5.1 tonnes. According to a monthly report on ETF fund flows by th...Read More

SAN FRANCISCO (Reuters) - Facebook Inc said on Wednesday the personal information of up to 87 million users, mostly in the United States, may have been improperly shared with political consultancy Cambridge Analytica, up from a previous news media estimate of more than 50 million.Chief Executive Mark Zuckerberg said in a conference call with reporters that Facebook had not seen “any meaningf...Read More